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Art Finance
Art finance and Art finance advisory are terms referring to a set of financial services provided by some auction houses, banks, and consulting firms, and marketed to such firms' clients who are art collectors or artists. Generally Art finance can refer to both * acquiring art works by financing them rather than buying them outright, and * collateralizing a loan with art works and related property. Firms offering such services differ in the range of services provided, but can include art purchase financing, art secured lending, art insurance, art appraisal, provenance verification, market research, curatorial services, art investment advice, and personal shopping services. Art loans Art loans may be made for many reasons, some of which may include advances against art not yet produced (usually made to artists of some repute), advances against items to be auctioned or otherwise sold (known as a bridge loan to sale, a type of bridge loan), to finance new purchases (known as acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Art Appraisal
Art valuation, an art-specific subset of Valuation (finance), financial valuation, is the process of estimating the market value of Work of art, works of art. As such, it is more of a financial rather than an aesthetics, aesthetic concern, however, subjective views of cultural value play a part as well. Art valuation involves comparing data from multiple sources such as art auction, auction houses, private and corporate collectors, curators, art dealer activities, Art museum, gallerists (gallery owners), experienced consultants, and specialized market analysts to arrive at a value. Art valuation is accomplished not only for collection, investment, divestment, and financing purposes, but as part of Estate (law), estate valuations, for charitable contributions, for tax planning, insurance, and loan Collateral (finance), collateral purposes. This article deals with the valuation of works of fine art, especially contemporary art, at the top end of the international market, but si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
