LATEST ART INDUSTRY TRENDS
The art world is a thriving and ever-changing landscape. If you're looking for ways to stay updated on the latest trends and for expert guidance on art collecting - look no further!
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A Wider Array of Artists and Collectors
Apr 20, 2017
The trend toward globalization is creating an art market that includes a wider array of artist as well as collectors. When it comes to artists, Latin American art provides us a great example of this shift. Kaeli Deane, Head of Sale for Phillips Latin American Art department, says that Latin Americans typically purchased work created […]
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:sharpen(level=0):output(format=jpeg)/wp-content/uploads/2017/03/5-questions-on-the-need-for-art-law-part-1.jpg "5 Questions on Art & Digital Copyright Law (Part 2)")
5 Questions on Art & Digital Copyright Law (Part 2)
Apr 7, 2017
With the dual phenomena of increase in art world wealth and the ease of exploiting content online, self proclaimed specialists and bloggers in “art law” and digital copyright law are multiplying. Recently named one of 51 High Wattage Women in the Art World, Barbara T. Hoffman’s writings and cases have generated legislation, influenced the development […]
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Art Collecting 101: Finding Gems (Without Breaking the Bank)
Apr 3, 2017
Art is one of those investments that pays off in the future and you can enjoy it in the here & now. While you should choose pieces that speak to you, it’s also wise to consider their potential to appreciate in value. But where to start? Julia Wehkamp and Amanda Dunn are co-founders of One […]
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5 Questions on the Need for Art Law (Part 1)
Mar 31, 2017
As the art world becomes more complex, so does the need for qualified legal professionals. Barbara Hoffman of The Hoffman Law Firm, who practically invented “art law” forty years ago, shares her insights into how this need developed. You are one of the pioneer practitioners of art law. What are the characteristics of the field […]
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:sharpen(level=0):output(format=jpeg)/wp-content/uploads/2017/03/video-collecting-art-have-you-been-bitten-by-the-bug.jpg "VIDEO: Collecting Art - Have You Been Bitten by the Bug?")
VIDEO: Collecting Art - Have You Been Bitten by the Bug?
Mar 28, 2017
What tips could you give to first time art buyers? Why did you start to collect art? How have you grown your collection over the years? Where have you purchased art and do you have a preference? Joined seasoned Toronto based collector, David Angelo, as he provides advice on building a collection by educating yourself […]
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A Snapshot of Art History and Photorealism
Mar 23, 2017
The camera has been arguably one of the most disruptive technological advancements in art history. From the first cave paintings, art was used to tell stories and record historic events. Then roughly 150 years ago, the camera changed the way we captured the visual world. Suddenly art wasn’t the only way to depict historic events, […]
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5 Questions on Collector vs Investor
Mar 16, 2017
As the art market becomes bigger, faster and more complex, acquiring the services of an art advisor is a great way to navigate the murky waters with confidence. Javier Lumbreras, CEO of Artemundi Management, shares his expertise on collecting for passion and investment, and the increase in demand for art investment products. What is the […]
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For One of the Biggest Shifts in the New York Art Scene, You Can Thank Guerrillas.
Mar 9, 2017
Not the animal, but an anonymous group of radical feminist female artists known as the Guerrilla Girls. In 1989, the Modern Art Department of the MET’s public collections had less than 5% of works produced by women. And yet 85% of the nudes were of females. Gender and racial inequality is an issue that the […]
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Navigating Your Way Through an Art Fair
Mar 2, 2017
In pretty much every corner of the globe, you can find an art fair. It’s where art collectors and advisors to dealers and curators come together to discover international art-world trends and to make deals. To make the most of your time, it would help to do a little planning prior to your visit. You’ll […]
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:sharpen(level=0):output(format=jpeg)/wp-content/uploads/2016/12/12267.jpg "The Artist's Estate; Structuring and Managing an Artist's Legacy (Part II)")
The Artist's Estate; Structuring and Managing an Artist's Legacy (Part II)
Feb 23, 2017
Estate planning involves more than drafting a will and good estate planning and administration involves a variety of skills: a collaboration between the artist and his or her advisors. Over the years that I have been involved in advising artists, writers, and other creators with respect to the planning of their estates, two of the […]
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Art & Finance Report 2016
Feb 9, 2017
The 2016 Art & Finance report comes at a challenging time for both the art market and the wealth management industry. With art market growth showing signs of slowing toward the end of 2015 and in early 2016, combined with slower economic growth, increasing volatility in the financial markets, and geopolitical uncertainty, the picture is […]
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Buy What You Love
Feb 2, 2017
This is the advice from Annelien Bruins and so many other seasoned professionals in the art world. Bruins has worked for over 15 years in the industry and has advised and managed private and corporate art collections around the world. For emerging artists’ work, Bruins believes that collectors should buy what they’ll love and want […]
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Artemundi's Art Market Forecast 2017
Jan 26, 2017
2016 year was a pivotal one for the art and auction world. Saatchi Gallery held its first all-female show in January. David Bowie’s death rendered him one of the most talked-about collectors of the year. The news of the Brexit vote in late June caught the world by surprise, and caused a rippling of concerns […]
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Art has its Feet Firmly Planted in Two Worlds
Jan 19, 2017
For many, art is treated as a commodity and a financial asset. In fact for the past 35 years, much of the growth in the global art market has been the result of the ‘financialization’ of art – art being used as a store of value. And yet if art is a commodity, it is […]
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When it comes to Taxes, Ignorance is far from Bliss
Jan 3, 2017
Taxes are waiting for you around every corner. In fact, sales taxes vary by state and rates can reach 10% of a selling price depending on the city/state combination. Whether you’re an art buyer or seller, ignoring these taxes is never a great idea. The key to understanding how taxes are applied is something called […]
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Protecting the Intangible Assets of a Visual Artist’s Work: Estate Planning and Management of Copyrights to Create Value and Preserve Legacy (Part I)
Dec 16, 2016
Storage, conservation, and cataloging needs create special problems for the visual artist’s estate. It is important to separate artistic property from other physical possessions. — Barbara Hoffman, Attorney I am frequently called upon with respect to the planning of visual artist’s estates, particularly as it concerns the development and preservation of the artist’s legacy. Whether […]
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DEMOCRATIZATION OF ART: THE RISE OF A NEW ART MARKET’S PARADIGM
Dec 9, 2016
Pronounce the word “art”, to conjure up the image of an intellectual and sensitive practice reserved only to the upper class and aristocracy. A sacred aura still attaches to the word. Yet the notion of art as elitist is decades out of date. So out of date, in fact, that a new paradigm is emerging, […]
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THE HABITS OF SUCCESSFUL COLLECTORS
Dec 2, 2016
Whatever the reason for your art purchase, be it passion, financial investment, or a combination of the two, take insider advice from our experts. Here, we offer invaluable tips and techniques for successful collecting, including new ways to enlist specialist advice, utilising technologies and social media for your own research, and navigating art fair etiquette. […]
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:sharpen(level=0):output(format=jpeg)/wp-content/uploads/2016/11/MvVO-article-banner.jpg "VIDEO: Tips for Attending an Art Fair")
VIDEO: Tips for Attending an Art Fair
Nov 21, 2016
Why Should You Attend an Art Fair? What’s the Best Approach When Navigating Through a Fair? How is the Accessible Art Fair is Different from Other Art Fairs? Why did You Bring this Concept to New York City? Join the brains behind the new Accessible Art Fair New York, Maria Van Vlodrop and Stephanie Manasseh, […]
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:sharpen(level=0):output(format=jpeg)/wp-content/uploads/2016/11/artnet-article-banner.jpg "VIDEO: Shedding Light on the Contemporary Art Market")
VIDEO: Shedding Light on the Contemporary Art Market
Nov 21, 2016
Just how dynamic is the contemporary art market? Should we expect any adjustments or corrections in the next few years? Who are the top ranking contemporary artists right now? What should first time collectors keep in mind? Join artnet’s Post War & Contemporary Art specialist, Jacqueline Towers-Perkins, as she provides her perspective on this hugely […]
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:sharpen(level=0):output(format=jpeg)/wp-content/uploads/2016/11/hen-it-comes-to-your-art-collection-even-the-taxman-is-an-admirer.jpg "When it Comes to Your Art Collection, Even the Taxman is an Admirer")
When it Comes to Your Art Collection, Even the Taxman is an Admirer
Nov 18, 2016
It’s no surprise that failing to plan ahead can have negative tax implications and this includes your art collection. For example, in the US there is a lifetime gift tax exemption of $5,430,000. Or if you decide to give a charitable gift of art, you can be rewarded with a tax exemption. All of these […]
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New Tools of the Trade
Nov 9, 2016
We do it almost without thinking about it, but what does it really mean to engage with art in the digital age, when and how did it originate? Our experts explore how technological developments have influenced art, the art market and museums in recent decades. One of the earliest and most utilized online art companies, […]
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:sharpen(level=0):output(format=jpeg)/wp-content/uploads/2016/10/5-questions-on-the-growth-of-the-online-art-market-with-allis-ghim.jpg "5 Questions on the Growth of the Online Art Market with Allis Ghim")
5 Questions on the Growth of the Online Art Market with Allis Ghim
Oct 26, 2016
As the online art market continues to grow, it’s no surprise that we are seeing lots of new players. Allis Ghim from Bidsquare, a curated online auction platform, shares her insights into this dynamic market; where it’s heading, who’s driving the growth, what online tools are available and how businesses are evolving to keep up. […]
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:sharpen(level=0):output(format=png)/wp-content/uploads/2016/10/it-is-always-advisable-to-choose-the-right-art-advisor.png "It is Always Advisable to Choose the Right Art Advisor")
It is Always Advisable to Choose the Right Art Advisor
Oct 17, 2016
I’m an art advisor – kidding, I’m not. But the truth is anyone can call him or herself one. A qualified advisor is more likely to adhere to strong ethical standards, avoiding thorny issues like conflict of interest. They also handle details like insurers, accountants, and attorneys – as curator of the Hallmark Art Collection, […]
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