11/17/2010

Chubb Collector

[Remember to download the Appraiser Workshops Fine and Decorative Arts Market Confidence Survey for the 3rd quarter of 2010.  It is FREE.  Click HERE to download.]

Late last week the Chubb Collectors newsletter was mailed out.  Some rather good content, including one very good article on corporate collections, another on framing by Eli Wilner and the third on oriental rugs. The below overviews are directly from the email of the newsletter complete with links back to the article.  I especially liked the article on corporate collections.

From the Chubb Collectors Fall 2010 Newsletter

Historically-Appropriate Framing Comes of Age
In January of 2012 a new star will be unveiled at the Metropolitan Museum of Art in New York. Emanuel Gottlieb Leutze’s painting, Washington Crossing the Delaware, star enough all on its own, will be outfitted in a new frame recreated from a recently discovered 1864 photograph of the glorious original. Collectors and curators, increasingly aware of the importance of the frame, have embraced a practice known as historically-appropriate framing. This article introduces collectors to the growing

http://www.chubbcollectors.com/Vacnews/index.jsp?form=2&ArticleId=268

Grand 19th Century Oriental Rugs Find a Home in 21st Century Art Collections
Today, in the wake of the April 2010 sale of a 17th Century Kirman rug at Christie s auction for $9.59M (twice the previous world record set only last year), antique carpets are broadly acknowledged for their rarity and aesthetic achievement. This article explores the Whole-Home approach in which numerous rugs are acquired for a single residence-usually over a period of months-but in some cases in a single appointment.
http://www.chubbcollectors.com/Vacnews/index.jsp?form=2&ArticleId=269

It’s Not Wallpaper: Buying Art As An Asset For Corporate Collections
Few corporations realize the actual value of their collection until they need to sell. Insurance values are based on retail gallery prices and reflect high prices for the art work, but only the actual auction price reflects its place as an asset, and many corporate art collections have very little value at auction. This article explores what every corporation should know about purchasing art.
http://www.chubbcollectors.com/Vacnews/index.jsp?form=2&ArticleId=270

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