Things You Should Know about Managing a Personal Art Collection

Things You Should Know about Managing a Personal Art Collection

As soon as you accumulate an extensive personal art collection, you may find it hard to manage it as simply as you previously did. Having a couple of art objects is non-demanding in terms of cataloging, acquisition, documentation, valuation, and dozens of other things. So, what does your personal collection require on your part? How can you become a more organized art collection manager?

What Does Personal Art Collection Management Involve?

Here is a set of activities typical art collection management entails.

Artwork Acquisition

If you treat collecting art seriously, you need to expand your collection. This is what the acquisition activity involves; you need to research the market, find the emerging stars in the art field of your interest, and examine the significance of the selected items. You will also spend considerable time and effort on the assessment of the artwork’s physical condition to understand the scale of potential restoration work and investment.

Documentation

Any artwork requires proper cataloging and record-keeping to ensure that you can always trace its ownership history and the restoration activities it was subjected to. You should take photographs of the artwork and make its comprehensive descriptions to submit those documents for insurance.

Conservation Activities

It is imperative to keep your artworks in a climate-controlled storage facility with high-quality air conditioning, which will prevent their damage and deterioration. With proper art handling, you will prolong the life of your collection and will avoid accidental damage to the art items, accumulation of dust and dirt, or development of fungi on the surfaces. You should also ensure adequate protection from UV light in the place of your art collection’s storage or display, as it causes quick fading of the paintings.

Insurance and Legal Aspects

Produce a comprehensive evaluation of your art belongings’ market price and obtain an insurance plan that covers the cost of your collection. It is also important to take care of all legal aspects of art ownership; you should monitor your compliance with local and international laws in terms of owning, holding, or transferring specific works of art, such as, for instance, items of exceptional cultural significance or unique natural heritage.

Handle Your Art Like a Pro

Your art requires careful cataloging and handling. By mastering these personal art collection tips, you can assume better control over your art belongings. Try doing this on your own or hire a professional art collection manager if you find this process too demanding and time-consuming.