Intelligently Acquiring & Disposing Fine Art and Collectibles

Venue: The Williams Club

Location: New York City, New York, United States

Event Date/Time: Oct 17, 2007 End Date/Time: Oct 17, 2007
Registration Date: Oct 17, 2007
Early Registration Date: Sep 17, 2007
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Description

Appreciation of fine art and purchasing fine art in a financially sound manner are not mutually exclusive. Fine Art collectors who conduct due diligence into a work of fine art’s provenance, authenticity and chain of ownership are not practicing infidelity against their favorite artist, they are practicing sound judgment. Connoisseurs of fine art and collectibles have every right to take financial considerations into account when making high-ticket purchases. Don’t let anyone tell you that exercising these rights is uncouth.

Maintaining a collection of fine art or collectibles is often highly rewarding. As many of these rewards are non-monetary, they cannot be measured with standard profit/loss analysis. However, some of the concerns associated with collecting fine art are that art is extremely expensive as are the transportation and insurance costs, fine art does not easily lead to diversification, commissions are extremely steep and capital gains taxes incurred when selling art often substantially exceed those incurred when selling securities. Moreover, while a bevy of regulators scrutinize every other class of investable assets, there are no regulators monitoring the purchasing and selling of fine art or collectibles.

We have designed a unique seminar that will arm you with the knowledge to make informed decisions about acquiring and disposing of fine art and collectibles. This seminar will:

Acquaint you with the structure of the fine art industry and the relationships among the players.
Enable you to better evaluate a work’s authenticity and provenance.
Help you select art advisors.
Educate you about the fees galleries and auctions charge.
Provide you with insight into legal and insurance issues related to collecting art.
Grant you with insight into creative ways to finance your collection.
Give you pointers on selling works of art in ways designed to minimize your tax burden.
Don’t miss this unique opportunity to learn best practices for acquiring and disposing of fine art and collectibles. Join us for an unparalleled discussion designed to turn you into a more savvy art collector.

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