KNOWLEDGE BASE
The Best Investments of 2018? Art, Wine and Cars
Who beat the market this year? Investors who like the finer things in life. Luxury assets, including wine, art, classic cars and fancy colored diamonds, have outperformed stocks and bonds this year. “People are looking for a place for their cash, and the security of...
NYC Sales & Use Tax – Important Guidelines for Artwork
Collectors, galleries, indeed anybody who buys, sells, and collects artwork should be aware of rules governing sales tax. Purchases in NYC are subject 8.875% tax. This includes a NY State rate of 4%. As with most items, artwork purchased in NYC for shipment to another...
5 Things Every Collector Needs to Know about Art Insurance
5 Things Every Collector Needs to Know about Art Insurance (11/11/16) For many of us, amassing a robust collection of works by the artists we love is more a dream than a reality (though startups like Art Money are working to provide interest-free loans that should...
IMA Expands Acceptable Temperature and Humidity Guidelines
The Indianapolis Museum of Art recently expanded the temperature and relative humidity ranges allowed in most of its museum galleries and art storage spaces in order to reduce the energy usage of the museum while continuing rigorous stewardship of the art objects in...
Art Collector Disaster Mitigation & Planning Checklist
BE PREPARED The hurricane season runs from June through end of November. Hazards from these storms come in many forms including high winds and storm surges. Tornados, flooding and other disasters can happen at any time. A simple disaster plan along with employing...
Tax Notes – Space for Storage
Effective 10/1/06, amendments to the New Jersey Sales and Use Tax Act (P.L. 2006, c. 44) impose tax on the furnishing of space for storage of tangible personal property by a person engaged in the business of furnishing space for such storage. Charges for the service...
Active and Passive Microclimate Generation
Written for The Exhibitionist Magazine Copyright Jerry Shiner 2003 Perhaps there is a museum, someplace, where visitors can be trusted not to touch the objects on display, where the humidity is always stable, and the temperature is forever comfortable. With no dust or...
Relative Humidity and Temperature Guidelines
By: Stefan Michalski Publication What's Happening? There is a rumour going around that CCI no longer cares about temperature and humidity specifications! That there's no need to worry about those impossible standards! Well, the truth is that our approach has changed,...
Guide To…collecting art
Guide To...Collecting Art (Singapore Times) (4/8/16) Here is a quick guide.