Lawsuit shows difficulties of authentication and repair
The Art Newspaper is the journal of record for the visual arts world, covering international news and events. Based in London and New York, the English-language publication is part of a network of titles founded by Umberto Allemandi with editions in Italian, French, Russian, Chinese and Greek.
Insurance feature - the art and antiques market takes cover
Increased risk around compliance, global trade and even terrorism suggests antiques firms need to insure a wider range of activities. But how can they do so without breaking the bank? The international art market used to be such a simple, straightforward place. You bought and sold at auctions in salerooms, in dealers' galleries and at the occasional fair.
Art Insurance—The Protection You Hope You Never Use
“A beautiful body perishes, but a work of art dies not.” - Leonardo da Vinci Wild fires, hurricanes, earthquakes, floods, theft, vandalism, damage in transit… All sorts of nightmare scenarios haunt art collectors. Insuring your collection may not be as much fun as hunting for a new work of art, but it is a serious issue for devoted art lovers. Replacing the Irreplaceable Insurance is important because it helps protect your investment in art as well as the artworks themselves. Whether you collect contemporary mixed media, vintage photography, 19th-century bronze sculptures or mid-century modern painters, you’ve invested time, energy, passion and considerable money into building your collection. It makes sense to protect your assets whether the artwork proves to be of lasting historical importance or its beauty is purely of the moment. Samuel Pugatch, Fine Arts Specialist, Momentous Insurance Brokerage, Inc. , describes the role that collectors play as temporary guardians of cultural heritage. “Protecting yo...