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.

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.

Great Collectors of Our Time is the first major survey of contemporary collecting and collectors since Douglas Cooper's Great Private Collections, published in 1963. It examines many of the greatest collectors of our time in Europe, North America and the

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.

The Art World Demystified unfolds the confusing and often treacherous terrain of the art world, revealing the inner workings of a system that has few rules but many opportunities. In this volume, artists will find their own questions reflected and addressed, including: •How does an artist penetrate the inner circle of the art world? •How do museums choose exhibits? •How can an artist reach critics and get feedback? •How do artists make a living, and how much can they expect to make? •What are the “rules” of the art world? •Why is it all so mysterious? Author and successful artist Brainard Carey explores these queries and more, giving concise answers and guidance on such issues as talking to curators, navigating suitable promotion, and maintaining motivation, alongside profiles of well-known artists. He enables, and encourages, readers to not only navigate the mysteries of the artist’s career, but also to create their own mythologies by presenting their work in a way that generates interest, questions, and an invitation to the inner circle. Allworth Press, an imprint of Skyhorse Publishing, publishes a broad range of books on the visual and performing arts, with emphasis on the business of art. Our titles cover subjects such as graphic design, theater, branding, fine art, photography, interior design, writing, acting, film, how to start careers, business and legal forms, business practices, and more. While we don't aspire to publish a New York Times bestseller or a national bestseller, we are deeply committed to quality books that help creative professionals succeed and thrive. We often publish in areas overlooked by other publishers and welcome the author whose expertise can help our audience of readers.

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.

Assembling the voices of cultural leaders and curators, this book shares their insights on some of The Broad collection's most celebrated artists and works For decades, art patrons and philanthropists Eli and Edythe Broad have sought to foster public appreciation of postwar and contemporary art. Before founding The Broad museum in Los Angeles, their collection was made accessible by loaning artworks to institutions around the world through The Broad Art Foundation. Since 1984, more than 8,600 loans from The Broad collection have been made to over 500 museums and galleries. In 2015, The Broad collection found a permanent home when The Broad museum opened on Grand Avenue in downtown Los Angeles in a now iconic building designed by Diller Scofidio + Renfro. The Broad's permanent collection boasts works from artists such as John Baldessari, Jean-Michel Basquiat, Jeff Koons, Damien Hirst, Barbara Kruger, Roy Lichtenstein, Julie Mehretu, Cindy Sherman and Andy Warhol, among others. In this book, writers and curators give an overview of the very best of The Broad's vast collection, including in-depth essays on five works that have come to define the experience of visiting the museum. This book enriches our understanding of The Broad's art and architecture while also provoking, inspiring and fostering appreciation of art of our time.