A recent analysis finds 18% of the population aged between 55 and 64 own 29% of the UK’s estimated £9.4tr. private wealth. Those aged between 65 and 74, representing 14% of the population, own 19%. Analysis by the Resolution Foundation finds that of the total of UK private wealth (including liquid assets, pensions, owner occupied […]
The record-breaking prices observed in the art market over the last five years raise the question of whether it is an ongoing boom or whether we are experiencing a speculative bubble. The authors of a recent study warn that the current level of growth is unsustainable. Given the difficulty to determine the fundamental value of […]
When we think of the term ‘home invasion’ we tend to associate it with red-faced commentators on Fox-News. It is tempting to dismiss the tales of armed assailants waiting to smash into our homes to hold us hostage and to plunder our belongings as something that happens to other people in other countries (perhaps Mexico […]
The impact of the Finance Act 2015 on owners of art and antiques who open their houses to the public for a profit The phrase “plant and machinery” evokes images of well-used industrial equipment occupying bustling factories. Families who own important collections of artwork and antiques which they display by opening their houses to the […]
Last year I was invited to be part of a panel at the Art Business Conference in London to discuss how the art trade can best protect its clients.
Looks at the importance of legal and valuation advice in connection with the acquisition, ownership, and disposal of art and other valuable chattels by sale, gift or estate tax planning. The Art Market Two things are certain about the art market. The first is that art buyers and collectors are increasingly acquiring art and collectibles […]
The devastation caused by the trafficking of illicit antiquities and the theft of art has gained widespread public attention in recent years. Future Learn, an online private company wholly owned by the Open University, has been offering a course on why art is stolen, trafficked and returned. The Italian government and Unesco have just launched an […]
The latest edition of Sphere has a review of London’s lively and varied art scene.
A recent valuation at the Hall of the Worshipful Company of Innholders in London by Pall Mall Art Advisors, and where I was part of the valuation team, resulted in an unexpected and exciting discovery.
How does the expanding global art market affect the Fine Art, Antique Furniture, Silver and Jewelry owned by Americans?