Rimon
Save as PDF RSS Feed Subscribe

Entries tagged “Fine Art”

NFT’s and art blockchain: what exactly are we buying and buying in to? That is the question…

Insight Sam Miller Sam Miller · April 12, 2021
As the digital art Non-Fungible Token (NFT) boom rages on, and one Clubhouse session after the other waxes lyrical about decentralization and how we are on the cusp of disintermediating established art market protagonists, one really has to ask what actually is this whole thing about? Having been shouted down once too often for

Continue Reading…

NFT’s and Digital Art Blockchain: Is Blockchain’s Digital Token New Frontier Its Brightest?**

Insight Sam Miller Sam Miller · February 25, 2021
What Was: Security and Utility Tokens Almost two years have disappeared in a heartbeat, but nothing much substantial appears to have changed on the US securities regulatory landscape for blockchain tokens and other digital assets. When it comes to any substantive pronouncement, the date of The Securities and Exchange Commission’s

Continue Reading…

The Fine Art of Auction House Consignments: Art AML, Sanctions Compliance and the Fine Art Owner’s Conundrum**

Insight Sam Miller Sam Miller · December 07, 2020
While the spotlight has recently been on established auction houses anti-money laundering (“AML”), counter-terrorism and sanctions compliance, and the prospect of the United States, like the United Kingdom and the European Union before it, making AML compliance mandatory for art industry protagonists, there appears to be little focus

Continue Reading…

Fine Art goes online: the (virtual) reality of COVID-19 and the changing face of the fine art markets

Insight Sam Miller Sam Miller · May 11, 2020
We wrote earlier about the COVID-19 shutdown threat to gallery solvency, and possible creditor claims to works on consignment. Now two months into confinement, the threat to galleries is real with a quarter of Los Angeles fine art galleries responding to the Los Angeles Times April 20, 2020 Fine Art Gallery Survey that they would

Continue Reading…

Fine Art Consignment in the time of COVID-19: How safe is your Art?

Insight Sam Miller Sam Miller · March 30, 2020
As COVID-19/SARS-CoV-2 slithers insidiously among us, and fine art galleries, auction houses and fine art storage facilities shutter, the fine art market finds itself under considerable pressure. With no end in sight, the financial implications for art market professionals could be dire. Arnet reports that top-tier galleries are already

Continue Reading…

When Artists Skyrocket: the Fine Art Sale versus Consignment Conundrum

Insight Sam Miller Sam Miller · March 24, 2020
Catching a shooting star is one of the joys of collecting fine art. You catch an artist early, and watch them go from obscurity to adulation, along the way riding the wave of popularity and reveling in your talent-spotting brilliance. If you miss the opportunity, the curve of popularity accelerates quickly, the market takes hold, artworks become

Continue Reading…

The End of Fine Art Experts? A Few Lessons Learned From The Recent Agnes Martin Litigation

Insight Sam Miller Sam Miller · July 18, 2019
Picture this. The Picasso that always hung in your childhood livingroom; a gift to your grandfather from a grateful gallery owner, liberated as your grandfather’s 264th Infantry Regiment worked its way through France in the dying days of World War II. As the years passed, and family generations moved on, the family puts the Picasso up for

Continue Reading…