Global sales in the art market reached $63.8 billion in 2015. *
90% of the works sold at fine art auctions in 2015 were for prices less than $50,000, but accounted for just 12% of total sales values. *
Picasso’s “Women of Algiers (Version O)” set a record at auction in 2015, when it sold for over $179 million. **
Global sales in the art market reached $63.8 billion in 2015. *
90% of the works sold at fine art auctions in 2015 were for prices less than $50,000, but accounted for just 12% of total sales values. *
Picasso’s “Women of Algiers (Version O)” set a record at auction in 2015, when it sold for over $179 million. **
Tips for protecting fine art investments
How can you help your clients?
— Advise avoiding displaying artwork underneath a bathroom hvac vent, sprinkler head, or water-using appliance.
— Recommend hiring professional art installers to hang works of art on the wall.
— Suggest hiring only reputable companies that specialize in transporting valuable works.
— Caution displaying art in high traffic areas of the home.
Know the art market and help your clients—resources, articles, and videos
Information to help educate your clients on the importance of protecting their fine art
Ensuring that art is protected properly
Articles to help your client proactively manage their collections
— Your Art May Be Worth More Than You Think
The importance of periodic “checkups.”
— Protect Your Artwork
Ensuring the preservation of your collection.
— Protecting Your Pottery
Beautiful and fragile, how to showcase yet protect these coveted pieces.
Art as an asset class
Wealth management articles courtesy of Deloitte.com
— Art & Finance Report
A closer look at the growing Art & Finance industry.
— Art as an Investment
Why should art be considered as an asset class?
— Arts, Collectibles and Wealth Management
Seeing the bigger picture.
How is art valued?
Criteria for evaluating art, courtesy of Sothebys.com
— The Value of Art
10 Video Episodes.
Additional Resources
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* TEFAF Art Market Report 2016
** www.artnews.com/2015/05/11/picasso-sells-for-179-3-m-at-christies-an-all-time-record-for-a-work-at-auction
Get more information
We have a wealth of materials, including a detailed interactive webinar, that provide tips and strategies to help you and your clients find the right protection for their jewelry.