"Art investors and collectors can't protect and profit from their collections without grappling with a range of complex financial issues like risk, insurance, restoration, and conservation. In Fine Art and High Finance, Clare McAndrew and a highly qualified team of contributors explain the most difficult financial matters facing art investors"--Provided by publisher.
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For art investors, artists, and collectors, McAndrew, a cultural economist, investment analyst, and art economy consultant who lectures at Sotheby’s Institute of Art in Singapore and the National College of Art and Design in Dublin, compiles 12 chapters that examine the key economic issues unique to the international art market. Focusing on fine and decorative art, a group of European and North American legal, financial, and art industry specialists discuss how fine art is bought and sold, the relationship between supply and demand, art’s subjective and financial value, art appraisal and price data, the development of art funds in the market, government regulation, tax issues, art banking, insurance, risk analysis, conservation and restoration, and the illegal art trade. Annotation ©2010 Book News, Inc., Portland, OR (booknews.com)
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