A Collector’s Guide to Appraisals

No one wants to consider the unthinkable – like theft, damage or loss – happening to a prized possession, but the reality is that these things happen. Whether you own fine art, jewelry, antiques or even classic cars, having a current appraisal is an important component of collection care.

An appraisal is an opinion or statement of value. It provides the necessary documentation to substantiate the existence, condition and value of your collection. An appraisal can serve to inform a sale or a donation of a collectible item or help settle an estate. It will also help ensure that a valuable item is insured to its current replacement value, thereby providing protection against market fluctuations and value loss. Continue reading

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New Year’s Resolutions: Top 5 Tips for Managing Your Art Collection

January is here and so are New Year’s Resolutions! Whether or not you have set any new goals, this is a great time of year to review your collection management practices. To help you get started, here are five tips, as well as some resources to help you put your plans into action. Continue reading

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From Private Collector to Gallery Owner:
What to Know When Opening a Private Museum

Regardless of the reason—or combination of reasons—for opening a private museum, many overlook related property and casualty insurance risks. Unfortunately, if not addressed, these exposures could negate some of the associated financial benefits and lead to significant out-of-pocket costs.

If you’re thinking about opening your own private museum, here are three things to consider when getting started:
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Protecting Works On Paper

With a growing popularity among emerging collectors, demand is increasing for works on paper, including photography. We see evidence of this in the growth and proliferation of public art fairs, such as the successful 8th edition of Papier in Montreal, the 35th edition of the AIPAD Photography Show and the inaugural Art On Paper fair earlier this year in New York City. Continue reading

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How Cool is Your Art?

As summer temperatures rise, art collectors need to take extra measures to help protect their valuables from the effects of high temperatures and humidity.
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Storing Valuables

Do you keep a secure, climate controlled storage room, at home, for your valubales and collectibles? If not, warehouses -that have been transformed into state of the art free ports- may provide you an ideal solution. Continue reading

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Gone in the Bling of an Eye

As safe and secure you may think your vauluables are, this recent story “Bling Ring II? Jewelry Missing From the Homes of Manhattan’s Elite,” is a stark reminder to do as much as you can to protect your collections.

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