By Leonard DuBoff
Safeguard the belongings you love-your assortment, your funding and your peace of mind."Sage recommendation. Collectors...need to know...the nice issues in their collections. The strategies, the questions, the assistance has been distilled right down to one quantity, The vintage and artwork Collector's criminal Guide."-George E. Hicks, CEO, The nationwide Civil struggle Museum and previous Director, Museum and ancient prone, on the Greenwich WorkshopNationally well-known legal professional and paintings legislations specialist, Leonard D. DuBoff, provides each collector what they've been searching for. This concise, effortless to stick to advisor, leads the collector from the prepurchase levels, to exhibiting your paintings, to passing it on for destiny generations to like and enjoy.Don't Be Cheated-Learn to identify fakes, phonies and fast-talkersUncover Hidden Gems-Learn to discover treasures in untapped placesAvoid high priced Mistakes-Learn what you must learn about coverage, taxes, customs, loaning out your paintings, and THE RIGHTS OTHERS can have TO YOUR COLLECTION!"Useful criminal and sensible tools...for the novice in addition to the intense collector."-Caroline R. younger, artistWhether you're amassing quarters or Queen Anne furnishings, mask or museum-quality items- this e-book is for YOU!
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Extra resources for The Antique and Art Collector's Legal Guide: Your Handbook to Being a Savvy Buyer (Legal Survival Guides)
Example text
EXPERT EVALUATION In addition to relying on personal knowledge, consult an expert. This type of expertise falls into two general categories: stylistic and scientific. Stylistic authentication results from a subjective evaluation of the work by a historian based on knowledge, intuition and experience. Authenticating the Work 41 Scientific authentication, on the other hand, results from an objective evaluation of the work based on the results of assorted scientific tests performed on the work. The differences between these methods occasionally result in insoluble conflicts, particularly when the scientific data contradicts an expert’s stylistic opinion.
Once all items are accepted, a catalog may be prepared and made available to interested persons. Many collectors throughout the world subscribe to auction catalogs. This allows them to monitor price trends and developments, as well as to determine whether to bid on any specific item. While there is a charge for catalog subscriptions, participation in auctions themselves are generally free. Tickets sometimes are required, but usually are free. It has also become quite common for auction houses to post online catalogs and post-sale prices.
Online auctions may follow different procedures with regard to withdrawal. You should, therefore, determine the site’s policy with respect to this issue. PRICE GUARANTEES Some auction houses will guarantee a certain sale price. If the sale price exceeds the guaranteed amount, the auction house charges, in addition to its usual commission, a percentage of the amount by which the sale price exceeds the guaranteed price. If bidding does not reach the guaranteed price, the auction house pays the consignor the difference between the sale price and the guaranteed price.