How to Protect Your Art Investment

Source: Tips About Purchasing Artwork

When purchasing art, consider the following related to your purchase. Make sure that you receive a full and detailed receipt, documenting each artwork purchased. Take care to protect your artwork from damage while transporting it to your home or office. What are your plans for the artwork and where will it hang? Is the artwork automatically covered by your insurance or do you need to contact your insurance company? What are your responsibilities as an art owner?

Documentation from the Gallery or Artist

  • Bill of Sale
    You should always receive one, and keep a copy with the artwork.
  • Certificate of Authenticity
    Be sure to get one especially if the piece is limited edition.
  • Artist Resume and Biographical Information
    Always have a current and updated artist information.
  • Artist Statement
    Attach all of your artist information on the back of the artwork.
  • Type of artwork
    It may seem obvious but find out if it’s an original, limited edition, or reproduction.
  • Special Care and Handling Instructions
    Make sure that you know how to protect and take care of your artwork.

About Art Collecting and Investment

Providing news about art collectors, collections and investments. Including the how to's, the why's and the where's of art collecting. Wanda Pepin, Christina Madden and Elaine Frenett are all professional artists who keep up on the world of art, while creating amazing works of art themselves.
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