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In January this year, when Brexit was the major development setting the art market on edge, wealthy art collectors were reportedly most concerned about whether they could still move their art, what paperwork would be required, and would there be additional taxes or duties if they wanted to move art from the UK to Europe after the…
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As the art world grapples with the socio-economic impact of global pandemic COVID-19 and preventive measures to deal with the virus, it is not surprising that the practice of art collecting has been affected. According to Doug Woodham, Managing Partner of New York-based Art Fiduciary Advisors, “Right now, most collectors have more urgent matters to worry…
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There was a point a few months ago when art fairs and cultural stakeholders were pretty much convinced the COVID-19 global pandemic would be a short-term problem, and that during the second half of this year the art world would be back to business. In fact, they expected it would be busier than usual with…
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The past few weeks have seen European art galleries and museums slowly reopening their doors to visitors with heavy precautionary measures in place, as part of the easing of lockdown restrictions to deal with the ongoing, global pandemic COVID-19. Most recently, France announced plans to reopen galleries and small museums from 11 May. Museums in Italy…