A relocation is a unique moment when every piece of an art collection comes off the wall at once. This procedure is the best, and sometimes the only, chance to reconcile inventory and update valuations. Treat relocating a private art collection not as a logistical nightmare but as an opportunity to review each piece closely, schedule restoration work if needed, and get an updated condition report portfolio.
Relocating a Private Art Collection: Logistical Ordeal or Convenient Audit?
At first, the looming task of relocating a private art collection may look overwhelming. Still, if you look beyond the logistical hassle, you will see a unique chance to review the art collection you’ve been taking for granted for some time. Over a few weeks, you will keep everything in hand, out of its frame, and visible from an angle that you’ve never had since the moment of the artwork’s arrival and installation.
A collection’s relocation may be used as a convenient audit opportunity. Some art objects may have outdated condition reports; gifts or occasional purchases may have no formal inventory entries at all. Inherited items may have been valued many years ago, with no concise assessment of their present-day value. In any of these cases, a relocation can help you get a firm grasp of what you own and bring your documentation to order.
Three Records Worth Rebuilding
First, take the time while getting ready for a relocation to reconcile your inventory. If it’s currently only a list of titles, you can turn it into a system of records by spotting and correcting discrepancies and closing all data gaps.
Second, it’s a good moment to create condition reports for the art objects that lack them or update the existing ones. Photograph every object before it’s packed to create a baseline for post-relocation assessment. It will simplify damage claims and at the same time build a conservation triage list that every collection needs.
Third, use the relocation process for art valuation updates. They are vital for insurance premium calculations, plus they will give you a more accurate present-day estimate of what your collection is worth.
Post-Relocation Documentation
Once the move is complete, the temptation to hang and mount artwork in the prepared spots may be very high. Still, you should take your time to make a post-relocation evaluation, with a thorough comparison of your photos and condition reports with the final look of every art object. By inspecting the artwork, you will make sure that no new signs of damage are present.