The Collector’s Edition | Caring for Your Private Art Collection

Filling your home with art is both a way of expressing yourself and curating the mood and atmosphere of your space. Think of your home as your own gallery, a blank slate with endless possibilities to surround yourself with artwork that inspires. Perhaps you consider your art collection in a methodical way, procuring only a few pieces to fill white walls in need of a focal point; or maybe you’re an art lover, eager to diversify your collection with oil paintings and sculptures alike. No matter your goals or methods, collecting and displaying art in your home is a personal endeavor, but there are a few things to keep in mind once you have an established collection.

Hire an Art Consultant

Sonia GherardiONE Sotheby’s International Realty

Part of the challenge of sourcing art is determining which pieces will work in your home, and how to obtain them. Hiring an art advisor or consultant—like Sotheby’s firm Art Agency, Partners—is an important step in ensuring that your collection is a thoughtful representation of your tastes. Curators that are linked to art institutions are not ethically permitted to be paid to advise private collectors on specific purchases, though they will sometimes be willing to direct you to catalogs, exhibitions, or galleries to help you make an informed decision; art advisors or consultants, on the other hand, are able to give you advice about which specific pieces to buy—and they have access to more off-market opportunities.

In addition to helping you determine and develop your taste, an art advisor generally has a strong network of galleries and collectors, which means they’ll be able to give you better access to opportunities ahead of the general public. Avoid overpaying for a work with an advisor’s guidance, who will be willing to bid for you at auctions and to arrange the logistics of transportation and installation. With their insider information and expertise, an adviser will be able to help you build a collection through both gallery purchases and public auctions.

Netherlands Sotheby’s International Realty

With a large art collection, it’s likely that not every piece will be displayed in your home at all times. Whether you choose to store additional pieces in your own home, in a specialized art storage facility, or in a private museum will depend on how vast and prestigious your collection is. Creating your own art storage will require determining where in your home is a suitable environment—avoid spaces with air vents or windows, which can damage art by exposing it to sunlight or air, causing fading or mold. Insurance is essential for any collector.

If you choose instead to store your collection with a specialized fine art storage facility, you will have the option of having a private space or a shared one. These facilities are outfitted with archival-quality conditions, like climate control, to ensure your artwork’s preservation. Sotheby’s Greenford Park, for example, is the fine art storage facility for Sotheby’s London, and features a viewing gallery and photographic studios. Some collectors are compelled to establish private foundations or museums to house their overflow of artwork, choosing to share their collection with the public. Aiming for the best of both worlds, the Museum Boijmans Van Beuningen of Rotterdam has plans to open a public art depot as a special extension of the gallery, which will house collectors’ work that can be viewed by the public on an appointment-only basis.

Maintain Your Collection’s Integrity with a Conservator

Midge Carolan Berkery & David ColemanMott & Chace Sotheby’s International Realty

The moment you make an art purchase, whether you’re a first-time buyer or a veteran collector, you need to consider how you’re going to care for and preserve it. If a piece has been poorly stored in the past, leading to damage, or if you’ve acquired a piece through auction that has been unearthed from a forgotten basement, chances are the artwork is going to need some TLC. A conservator is trained to record the damage that has occurred and to reverse the damage, a valuable resource for any art collector. Often, the fees for a conservator’s work will be covered by your insurance policy, and the fee is dependent on the type of work that needs to be performed, not on the value of the artwork itself.

Experienced collectors know that hiring a conservator prior to a major purchase is a wise move, both to protect their investment and to ensure that the installation of the piece goes smoothly. Artwork can be extraordinarily fragile and easily damaged in transport.

Make Use of Freeports for Collection Rotation

Steve SallionWarren Lewis Sotheby’s International Realty

Whether you’re planning to rotate out the pieces currently on display in your home, or if your private museum or foundation is under construction and you need a temporary home for the pieces being displaced, utilizing a freeport is a smart option. Freeports—warehouses located near seaports and airports that facilitate international trade—allow the import and storage of valuable goods, providing secure long- or short-term housing for artwork. Pricing of freeport storage depends on geographic location as well as size—a freeport in Manhattan will cost more than one in Portland. With extremely secure storage options and a temporary exemption from tax payments, the freeport is useful to the collector looking for a reliable way to discreetly rotate valuable fine art.

Art can transform a home, turning it into a sanctuary of creative energy. However you choose to curate your collection, be sure to protect your investment with smart storage and considered professional care.

Find the perfect blank slate for your burgeoning collection with these works of architectural art.

 

 

 

LIVE | Vintage

“There’s so much complexity, history, culture, geology, and climatology; all the sciences and social sciences being combined into this one fascinating beverage.” ~ Jeannie Cho Le

Master of Wine Jeannie Cho Lee travels from Hong Kong to an exquisite vineyard estate in Sonoma Valley, California.  Surrounded by rows of cabernet and chardonnay, Jeannie reflects on her passion for the vine while she prepares a dinner party paired with the perfect wines.

wine

Unpack and unwind in California’s Wine Country with this European-trained wine writer and expert as she experiences some of the finest flavors the region has to offer.

california realty

$13,250,000 USD | Calistoga, California | Golden Gate Sotheby’s International Realty

We all have a passion. We all have a dream. For some, it’s about adventure. For others, it’s about tranquility. Our dreams are as vast and varied as the world is wide, but they all start with inspiration and inspiration starts with our surroundings. That’s what home is – what you choose to surround yourself with.

Home is where you truly live.

 

New & Notable Luxury Properties for Sale | November 2017

From a family country home in the Netherlands to a secluded island paradise in Roatan, last month’s collection of exceptional properties for sale feature homes from some of the world’s finest locales.

NetherlandsPrice Upon Request | North Holland, Netherlands | Netherlands Sotheby’s International Realty

This impressive, architect-designed, family country home built in 1930 has a thatched roof and a south-facing garden. Located in truly extraordinary surroundings with direct access to the Gooisch nature reserve ‘De Westerheide’, it is just a short distance from the charming center of Laren. Access to the country house is through an electric gate featuring an intercom and camera security system.

NewYork$73,800,000 USD | New York, New York | Sotheby’s International Realty – Downtown Manhattan Brokerage

A historic masterpiece of its time, the Crown Penthouse at 212 Fifth Avenue is in a class of its own and the most magnificent trophy residence on Madison Square Park. Designed by Pembrooke and Ives and spanning three floors, with over 10,000 square-feet of living space and 5,730 square-feet of terraces, this five-bedroom penthouse has the majestic proportions of a palace.

St.BarthPrice Upon Request | St. Bathelemy | St. Barth Properties Sotheby’s International Realty

Elegant and luxurious, this three-bedroom villa is as stunning as its sweeping vistas of the sea, Corossol Beach, and Gustavia’s iconic harbor. The spacious living room has glass walls that, when closed, frame the view allowing guests to enjoy it in climate-controlled comfort. Opened, the indoor and outdoor space, with its expansive palm-tree studded deck, merge seamlessly. Furnished for relaxing and dining in the sun or shade, the terrace’s focal point is an extra-long heated infinity pool.

California$25,000,000 USD | Laguna Beach, California | HÔM Sotheby’s International Realty

Located on the prestigious shores of Victoria Beach, the Pacific Ocean and living spaces effortlessly blend in this four-bedroom, four-bath home, which is thoughtfully designed to take full advantage of ocean and Catalina Island views, sea breezes and waterfront amenities. Walls of windows and sliding glass doors open to beachfront patios, with spaces for comfortable gatherings, an open kitchen clad in warm woods that overlooks the dining area and great room, and a separate living area for entertaining.

RoatanPrice Upon Request | Roatan, Honduras | Roatan Sotheby’s International Realty

This magnificent 567-acre piece of property is located in Port Royal and New Port Royal. On this property, you will find deep water bays with rather wide and deep navigation entrances. The opening of the bay is protected by cays and shoals along the edge of the reef that extends the length of the entire southern coastline of the island. The water depth immediately south of the reef is over 200 meters deep.