Minted’s Post

Why Mid-Year is the Perfect Time to Enhance Your Private Collection? 🖼️🏡 As the summer gets close, a unique opportunity arises for discerning collectors. The mid-year period, notably June and July, is prime time for millionaires to augment their private collections with exquisite additions. Renowned auction houses host prestigious sales, showcasing rare and valuable items, from fine art to historical artifacts. Simultaneously, world-famous art fairs such as Art Basel present exclusive pieces from acclaimed galleries across the globe. These events not only offer the chance to acquire standout items but also the opportunity to engage with artists and curators, making the acquisition experience truly enriching. Seasonal Trends shows that the market often sees a surge in activity mid-year, as collectors and investors seek to finalize deals before the busy fall season. It's an advantageous time to find competitive prices and a wider range of options. 📉📈 #MidYearCollecting #ArtBasel #ChristiesAuction #Sothebys #LuxuryCollection #FineArt #CollectorLife #ExclusivePurchases #InvestInArt #MillionaireLifestyle

🌳 Cosmic Arbor 🌌🪐🌙** We often take for granted things that seem difficult. Yet, things that appear easy can lead to great difficulty. Where do we stand in this paradox? Are these thoughts emerging from our limited minds or from the cosmic mind? Where are we? #ContemporaryArt #Biennale #ArtFair #ArtBuyers #ArtCollectors #ArtCurators #FamousMuseums

Attending Miami Art Week? Keep an eye out 👀 for our Fine Art & Collectibles aficionados, Patrick Drummond and Alison Sweeney. They are your go-to experts for safeguarding your clients' priceless treasures, from fine art to antiques and collectibles. Explore the full list of coverages on the Distinguished website using the link in the comments below. Patrick Drummond Alison Sweeney #Artinsurance #artprotection #collectiblesinsurance

New Post: Advice From Art Market Economist Magnus Resch - The art market has been grappling with a shortage of new buyers for an extended period. Despite the global number of millionaires doubling in the last decade and a surge in attendance at art events, the value of the art market has remained stable. This disparity underscores a conversion problem, as the newly affluent are not seamlessly transitioning into art buyers. I believe a combination of education, entertainment and transparency can play a pivotal role in converting more art enthusiasts into active buyers. My new book is a contribution towards this goal, and I've observed similar initiatives emerging from galleries, museums and auction houses. An increase in the number of buyers is crucial for supporting the endeavors of artists, gallerists, advisors, and museums in the art world. #Advice #Art #Market #Economist #Magnus #Resch https://lnkd.in/dHGC74Jb

🎨 Mission Statements & Museums: A Deep Dive Into The Orlando Museum of Art's Basquiat Fiasco Institutions like museums don’t just showcase art; they showcase values, culture, and commitments. But what happens when those commitments come under scrutiny? My recent publication, “Mission-Driven Solutions: An Analysis of The Orlando Museum of Art's Mission Statement to Provide Avenues for Navigating the Basquiat Fiasco,” delves into this high-stakes terrain. 👇 The Orlando Museum of Art is an institution that has been no stranger to controversy, with an FBI raid shutting down their Basquiat exhibition in Summer 2022. Initially the OMA took no action in repairing their relationship with the Orlando community and they received backlash from people in Central Florida and beyond. In the past few months, the OMA has started to take real action to repair the damage they have done and, if they truly hold their mission statement at their core, they should be able to move forward from this event as a stronger entity that lifts up the people of Central Florida. Although the OMA’s audience is the “diverse public,” they also center themselves as a community-focused organization. They envision themselves as a “cultural leader” for the residents of Central Florida, with an acknowledgement that they will also serve those who exist beyond those geographic barriers. The OMA demonstrates their inclusivity by writing that they exist to connect “people from all backgrounds and experiences.” This focus on diversity, inclusion and community could help the OMA in repairing the harm they have done, particularly within marginalized demographics. (You can use the link to finish reading the article.) This case study isn't just about one museum. It's about the way organizations can make or break their relationships with communities, especially when they veer off course. If you're looking to navigate the sometimes choppy waters of public sentiment while holding true to your mission statement, take notes. Unlock potential, inspire success. Sometimes, it’s not just about the art on the walls but the integrity of the walls themselves. 🔍 #MissionStatements #MuseumEthics #NeroStrategies #OrlandoMuseumOfArt #BasquiatFiasco #CommunityEngagement #CrisisManagement #StrategicPlanning #OrganizationalValues #PublicRelations #ArtAndCulture #InclusiveProgramming #SocialImpact #DEI #PublicScrutiny #CommunityRelations #ArtWorld #CulturalLeadership #MissionDriven #Accountability #ArtMuseum #EthicalDilemmas #Nonprofits #MakeADifference #UnlockPotential #InspireSuccess #ControversyInArt #StakeholderManagement #ReputationRepair #InstitutionalIntegrity https://lnkd.in/ex5bSZ4E

As an institution, your relationships are paramount to success.

Since Brexit, Paris has been working hard on taking away market share from Europe’s dominant art market location, London. One of the highlights of this year’s Paris Art Week in mid-October was certainly the second edition of Paris+ by Art Basel. Read our short report to learn about the art fair and the strong Paris auction results that accompanied this year’s Paris Art Week. #artinvestment #diversification #alternativeinvestments

📌 DOES THE SIZE OF THE ARTWORK INFLUENCE THE FINAL PRICE? Absolutely. However, there is often a misconception that the larger the size, the higher the value of the work. But one has to distinguish the type of buyer: - If it is a museum institution, large size might not be a problem.  -if it is a private collector, it is essential to take into account the space available to exhibit the work. The balance between the size of the artwork and the needs of the buyer is essential to ensure a choice that is both aesthetically and functionally satisfying. Do you prefer large or small works? #artmarket #artadvisor #artinvestment

How is the increased art buying by luxury goods collectors affecting the market? Discover how the art market is changing at FT's Business of Art Summit