Collectors of the World have over whelming treasures. They possess most of the artlegacy/heritage. Once in a while, collectors face necessity to sell one of the masterpieces.
Scenario #1. Commonly, sensible collector chooses least attractive painting for sale. All information is passed to some familiar broker who claims that buyer and fast tremendous benefits are available immediately.
The contract between collector and broker is signed and broker gets power of attorney. The initial broker contacts another colleague who used to have buyer for this type of art. The buyer often refuse the offer because doesn’t like painting or it is least desirable investment. At this point, secondbroker frantically reaching to other colleagues and so on. Eventually, information about private sale and painting spreadsthroughout art world. Despite availability, buyer is not found.
Collector’ s mistake: The art owner picked for sale work of famous author with very low artistic value.
Recommendations to collector: For successfully sale, choose painting that can spike interest of potential buyer or investor. After 2008, art market is fool free.
To be continued….
The Center of Art Research “Collector’s Luck” states that this article based on prolonged and detailed research of world’s art market.
Author: Aleksandr Moroslip