Best Practices

In the early 20th century, the Dutch historian and journalist Hendrik Willem Van Loon once wrote:

“The arts are an even better barometer of what is happening in our world than the stock market or the debates in congress.”

Whereas one might argue that this still holds true, today’s art market has become increasingly sophisticated, competitive and complicated, where buying and selling art involves a skill set that expands beyond a traditional mindset and approach.

The accumulation of wealth worldwide has made certain fine art markets exceedingly valuable, where others have witnessed a decline. Dealing with an international art market requires a breadth of expertise and, at the same time, an understanding of the individuality of a piece of art, be it a painting, work on paper or sculpture.

How to navigate successfully among the art market and its catalysts such as the auction houses, the dealers, the museums and collectors all of which contribute to the latest movements and trends as well as keeping in mind the nuances, subtleties and ever changing nature of the art market often represents a challenge for buyers and sellers alike.

Finally, there is always the question: “Should I sell now or wait?”. “Is this the best time or is there a more propitious moment to consider?”

The art market is a labyrinth and can be a daunting process to engage in; having been a part of it for close to 40 years, Cottingham Fine Art can work with you on finding the right avenue to take.