Rothko Ruling Shows Limits of Art-World Secrecy…and that’s a good thing!

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Art Law

This case sheds light to the validity and enforceability of Confidentiality Agreements used in an attempt to protect the anonymity of sellers of fine art. It is encouraging to see that the courts ruled in favor of limiting the coverage of such agreements, and as such, the liability to the counter parties involved in a fine art purchase. As it … Read More

Don’t Get Burned Buying Fine Art!

KatherineArt Collecting Advice, Helpful Tips1 Comment

buying fine art

Aside from the usual art scams such as being sold fakes and getting ripped off by galleries and dealers who grossly overcharge for artworks, collectors face another existential threat, which is the topic of the article below. The collector in this story is not a novice and should have known better, but hey, we all make mistakes. One of the … Read More

Be Smart When Hiring an Art Appraiser

KatherineArt Collecting Advice1 Comment

Art appraisals are an important part of assessing value for an artwork. This is needed for selling art, donating art, and for some tax and financial purposes. Due to the shifting nature of the market, it’s best to appraise art every 2-5 years. There are several factors to consider when hiring an art appraiser. An improper or biased evaluation could misrepresent … Read More

Why Now? Investing In Art

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investing in art

This Huffington Post article makes a case for investing in art, and more specifically in an art fund. While I agree that art can be a beneficial and important part of a well diversified portfolio, I am strongly opposed to the idea of investing in an art fund. These funds have had very little success in making money. In fact, … Read More

Avoid Buying the Wrong Art at the Wrong Price

KatherineArt Collecting Advice2 Comments

Whether you’re an avid collector and art fair aficionado, or you have an interest in attending and purchasing artwork at a fair, this article published on MarketWatch.com, presents a number of interesting and useful tips on how best to navigate a purchase. Collectors should be aware of the tendency to purchase quickly at fairs, meaning that less time may be spent on due diligence and negotiation. … Read More

Authenticity and The Only Opinion That Matters

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The never-ending flow of fakes into the art world is unfortunate, but a fact of life in the industry.  However, the mere presence of fakes is not the only issue at play; the market becomes yet more dangerous when one considers the number of art professionals taking advantage of buyers by calling themselves authentication. These unqualified “experts” often charge thousands of dollars … Read More

Collecting Abstract Expressionism

Katherine20th Century Art, American Paintings, Art Collecting AdviceLeave a Comment

Abstract Expressionism is a vast and inclusive genre. What sets it apart is not color or technique but intent. The Abstract Expressionists sought to convey spontaneity and raw emotion through abstraction. Many viewed art as ascension to something deeper and more spiritual. Folk lore and the primitive unconscious are often cited as sources of inspiration. From Jackson Pollock’s drip paintings … Read More

Understanding Artist Estate Valuations

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Judging art value is to weigh several factors at once. Current sales, auctions, and market trends must be examined and this data then needs to be projected into the future. There are different factors to consider for upcoming artists, the established, and the deceased. When an artist passes away, several hundred works can potentially hit the market at once. This … Read More

Legislative Changes: Expert Art Opinions and Authenticity of Art

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Laws for art authenticity

It is vital to understand how the law affects buyers and sellers of art. Over the past several years various authorities or artist experts have ceased authenticating works of art as a means of protecting themselves from lawsuits.  Recently, there have been movements to change the New York Arts and Cultural Affairs Law. This law outlines several things, including protections … Read More