As a specialist of fine art at the Hong Kong based firm Junzi Fine Art Consultants, Serina Manqueros has worked with artists, gallerists, auctioneers, art advisers and collectors in USA & abroad. The business of art insurance is entirely dependent upon each individual’s situation. In an interview she shares the insights of appraising art, and importance of risk management.
At what stage should an artist or collector think about getting an appraisal or insurance?
I have less art and it is not worth millions but insuring it has a lot of benefit. Another benefit is partial loss coverage,...
Every art event has the potential to of making a city special. And when it comes to Hong Kong, the innovative spirit behind Hong Kong Art Gallery Week is bound to make that a reality.
Starting from November 1st and ending on November 7th, Art Gallery Week in Hong Kong this year will focus on the city-wide approach - with a program that wraps up art tours, exhibitions, talks and events which will be hosted by 50 member galleries.
The third edition of the Hong Kong Art Gallery Week will be similar to the first two editions we have witnessed over the past two years. However, this third edition...
The metrics used in rating NYC art galleries is pretty clear cut. If one makes a simple analysis of gallery reviews made by different media both online and offline, one could easily outline the qualities that separate the ordinary galleries from the outstanding ones.
Let us consider reviews made by Gothamist, Artsmart, and Timeout. One will take note that the metrics used in rating galleries are congruent among them. Although, one may argue that these publications are more inclined towards the mainstream reader rather than the art intellectual. However, a decent publication should make discourse...
Art dealer David Kordansky crisscrosses his wristwatch nervously. It was exactly 45 minutes on the opening day of the Frieze Art Fair and the booth, with big abstract paintings pass across with neon light tubes via Mary Weatherford, was typically empty.
“I am expecting those personalities these paintings are meant for to appear,” Kordansky said that on Tuesday, beating his timepiece. “are there any lines outside?”
Kordansky as originator didn't need to be concerned. Neither the 15-minute line snaking during the course of the fair's Regent's Park location nor the tossing stock markets...
Art Auction houses have opened everywhere starting in early November. They have happily opened their doors in order to honor auction week this fall.
The major players this year are Christies and Sotheby's with their collections that would surely not disappoint art enthusiasts. The art buzz has also been brewing slightly to the west of the Hudson River in a humble space in New Jersey, in Bloomfield specifically.
The space mentioned here is home to Nye & Company. It is one of the most renown companies providing art auction services. They have a gained a lot of attention, selling an old Rembrandt...
Hong Kong is a highly cultural city, where both local people and tourists are interested in acquiring one of a kind objects d'art. Their longing for art is fulfilled by Hong Kong Art Basel, which is actually an art fair that is held here on every March. Many artist reps in Hong Kong participate in this art fair and exhibit their creative talents various art forms. But there are also a few other art fairs, which are held at different times of the year. Recently art lovers and local artists have together launched some distinguished art fairs, among the most notable being The Affordable Art Fair,...
There is a growing concern that a bubble is developing on the art market. Sotheby's CEO Tad Smith believes that art buyers are showing more care in their purchases, becoming more discerning about the pieces of art they add to their collections. However, they are not shying away from spending copious amounts of money on the best pieces.
Smith explained in an interview that buyers are looking to purchase items they wish to add to their collections, items that are of high quality and fresh. They are showing more care to the art they purchase, preferring items they really want in comparison to those...
The Business Of Being An Artist
Artwork must be photographed, put into a frame, crated when shipping and needs extra care in handling. While artist may need to be publicized to the media to gain more exposure. Still others use a website to showcase their art pieces - which then will need to be regularly developed, updated and maintained. No doubt this is a lot for any one artist to handle, so why not hire a dealer or a manager to pick up the slack?
Gallery dealers and managers are often responsible for multiple ends of management. They ensure that guests coming in and out the gallery to view...
As there is a saying, paper speaks more than words. Art is a very important piece of work for all mankind. Though many of us may not realize it, there is much more to art than just a paper and some colours. We are surrounded by art in all spheres of life and it is important for all of us to understand the importance of art and its different forms. Given below are some of the best cities that display modern art on its pavement and roadsides and are visited daily by people from all over the world.
The American Fraternal society members are well known for their exquisite piece of art and sculptures....
Everyone talks about things like gold and stocks being the best places to invest, but the very rich know that there are far many more opportunities available. One such opportunity that is gaining attention is art. Art investments are on the rise, with 60 billion dollars in revenue last year alone. With roughly 75 percent of these purchases going to collections for investment purposes, it is clear that people are seeing art in a new way. It is no longer solely about aesthetics and getting the right design; it is now about putting your money somewhere smart that is likely to turn a nice profit sometime...