With the rapid and unprecedented global expansion of the art market, new collectors are emerging every day. When buying art, whether for pure enjoyment, for investment or some other motive, few art collectors consider the practical and financial implications of owning and maintaining art, and many do not have a plan for how they might eventually dispose of it. This book, probing a number of resources and incorporating advice from top experts in the field, offers guidance on collection management and care, and serves as an important reference guide for collectors and those charged with managing.
Owning Art offers an informative, authoritative and richly anecdotal route through the minefield of the contemporary art world. This entertaining and easy-to-use handbook is set to become every collector's indispensable companion.
Art is an asset of passion, as author Ramsay H. Slugg begins this invaluable resource, yet it has unique and important financial characteristics. These elements make art possibly the most difficult asset to incorporate into an overall estate and financial plan. This updated and expanded edition of Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors addresses two essential elements of art ownership: planning for the ultimate disposition of the art, including how to incorporate the wealth represented by the art into estate and financial planning; and the practical considerations for owners of the artwork as they actively collect and plan for the art's eventual disposition. Following a brief, general discussion of the art market, the author introduces and explains a client-focused process that can be used when advising collectors. Among the steps in the process includes explaining the income, estate, and gift tax consequences of various options as well as the important and often emotional non-tax considerations of collecting and disposing of art. The book discusses some charitable solutions available as these are often especially appealing options to many collectors and their advisors. As more artists achieve commercial success, their planning needs increase as the financial aspects of their work increases. Further, as artists often leave significant amounts of their work behind, inventory and legacy management become especially significant. This guide considers the unique issues involved when planning for artists, as well as the planning considerations and different tax rules that apply to self-created artwork rather than to capital assets, which is how works of art held by collectors and investors are classified. In addition to providing enlightening case studies, the book looks at the roles of other advisors involved in these decisions. This guide is written to appeal to all levels of knowledge, and accessible not only to trusts and estates professionals, but also for the collectors themselves as well as the many other professionals involved, including art advisors, risk management advisors, valuation advisors, and financial planners.
"This book offers clear advice on how to navigate the contemporary art world, from assessing sales information and dealing with galleries to discovering new talent and accessing the best work."--P. [4] of cover.
An insider's guide to buying, collecting, and selling art from an insider of Christie's Grounded in real-life stories, Art Collecting Today is the essential practical guide to today's art market. A lightly regulated industry with more than sixty billion dollars of annual sales, the art market is often opaque and confusing to even the most experienced collectors. But whether a seasoned collector, an uninitiated newcomer, or an art-world insider, readers will learn within these pages how the art marketplace works in practice and how to navigate it smartly. Those who may have been put off by art-world practices will finally feel they have the knowledge needed to participate freely and fully, and collectors will be able to pursue their passion with more confidence. Important topics covered include: How to evaluate, buy, and sell art while avoiding costly mistakes and time-consuming roadblocks How the market works in practice for essential artists like Ren? Magritte, Christopher Wool, Amedeo Modigliani, and Yayoi Kusama How collectors can be taken advantage of, and the actions they should take to protect themselves Why tax laws in the United States reward "art investors" yet penalize "art collectors" How cultural property laws impact the market for works by such artists as Frida Kahlo and Andy Warhol Advice for new and prospective collectors Informed by close to one hundred interviews with collectors, lawyers, art advisors, gallerists, and auction specialists in the United States and Europe, as well as by the author's own experiences, Art Collecting Today offers a lively and thought-provoking analysis of the day-to-day workings at play today in the fine art marketplace.
Universally acclaimed as the book on garbage collection. A complete and up-to-date revision of the 2012 Garbage Collection Handbook. Thorough coverage of parallel, concurrent and real-time garbage collection algortithms including C4, Garbage First, LXR, Shenandoah, Transactional Sapphire and ZGC, and garbage collection on the GPU. Clear explanation of the trickier aspects of garbage collection, including the interface to the run-time system, handling of finalisation and weak references, and support for dynamic languages. New chapters on energy aware garbage collection, and persistence and garbage collection. The e-book includes more than 40,000 hyperlinks to algorithms, figures, glossary entries, indexed items, original research papers and much more. Backed by a comprehensive online database of over 3,400 garbage collection-related publications
Art collecting can be time-consuming, complicated and confusingfor the beginner . . . but it doesn't have to be.In this clear and easy-to-follow guide, you'll gain the necessary knowledge and skills to begin building your own art collection. The purest form of hope, dreams, and sentiments, a single art image can reveal long-held secrets, spark the imagination, offer a sense of belonging.Art conveys the words the artist often might not have been able to speak out loud. In The Black Market: A Guide to Art Collecting, long-time art collector and art historian Charles Moore introduces novice collectors and would-be collectors to the art world, its deep roots, its connections to our past, and its hope for our future. If you ever wanted to become a collector, sought to learn more about African American art, or want to deepen your art knowledge, The Black Market is an immersive and essential tool for developing a meaningful and awe-inspiring collection.
Everything you always wanted to know about the art market but were afraid to ask. A pioneering collector explains how to use passion and intuition to acquire key pieces or build a collection--even on a limited budget.
The UBS Art Collection is without doubt one of the most important corporate collections in the world. Dating primarily from the 1960s to today, the works of art in the Collection give an impressive overview of the artistic practice of this period. UBS Art Collection: To Art its Freedom is the first major book on the UBS Art Collection in nearly a decade, presenting a visual essay that captures the essence of the Collection as well as the various impulses that have shaped it across decades and continents.The publication features more than 200 color illustrations offering insights into the history and evolution of the UBS Art Collection. Highlights include: Jean-Michel Basquiat, Andreas Gursky, Damien Hirst, David Hockney, Roni Horn, Martin Kippenberger, Willem de Kooning, Sol LeWitt, Neo Rauch, Robert Rauschenberg, Gerhard Richter, Thomas Ruff, Ed Ruscha, Cindy Sherman, Hiroshi Sugimoto, Wolfgang Tillmans, Cy Twombly, Erwin Wurm, and many more.
Leading art collector Chara Schreyer's forty-year collaboration with interior designer Gary Hutton has produced five residences designed to house 600 works of art, including masterpieces by Marcel Duchamp, Andy Warhol, Donald Judd, Louise Nevelson, Diane Arbus, and Frank Stella. Art House takes readers on a breathtaking visual tour of these stunning spaces, which range from an architectural tour-de-force to a high-rise "gallery as home." An exploration of a life devoted to living with art and to designing homes that honor it, this title is an inspiration for art and design lovers alike.
