Thomas Reinshagen - Art and Luxury Goods Advisory

🌟 The art market is a dynamic and thrilling world! Are you considering starting your own art collection? Before diving in, here are some essential steps to guide you toward a thoughtful and rewarding journey: 1️⃣ Set a Budget Determine how much you’re willing to invest in your art collection. If your collection is intended as an investment, ensure it aligns with your overall financial strategy—discuss this with a financial advisor if needed. 2️⃣ Research, Research, Research Explore different art styles and discover artists that resonate with you. Visit galleries, exhibitions, fairs, and museums. The internet also offers plenty of resources, including art newsletters and databases, that can inspire you and broaden your understanding. 3️⃣ Define Your Taste Decide what types of artwork appeal to you most. Are you interested in specific eras or categories, or are you aiming for a diverse collection? Emerging and female artists, in particular, are drawing a lot of attention right now. 4️⃣ Start Small and Modest Begin with a few pieces that match your taste and budget. Patience is key; avoid rushing into large investments. Photographs or limited editions are excellent starting points and allow you to enter the art world with a manageable investment. Always obtain certificates of authenticity whenever possible. 5️⃣ Maintain Your Collection Care for your artworks meticulously—regular cleaning, inspections, and insurance are essential to keep your collection in prime condition. Periodically review your collection as if it were a portfolio, and consider adding or refining pieces over time. 6️⃣ Keep Learning Attend art courses, lectures, or workshops to deepen your understanding. An experienced art consultant can also be an invaluable partner in your journey. Starting an art collection is an inspiring, long-term journey. With these steps, you’re set to make well-informed, meaningful additions to your collection. In case you wish my curating service, please send me a PM.

Banksy: Art's Ultimate Provocateur and Market Leader 🎨💥 As an art consultant and a long-time admirer of Banksy, I’ve always been fascinated by how he blends social critique with incredible artistry. Few artists can challenge norms while simultaneously driving the art market to unprecedented heights. Remember "Girl with Balloon"? After it shredded itself at Sotheby’s in 2018, it made headlines worldwide. Rebranded as "Love is in the Bin", it resold for £18.5 million in 2021. A perfect example of how Banksy critiques the commercialization of art—while paradoxically increasing its value. Why does Banksy resonate so deeply with collectors, including myself? Social Commentary: Tackles issues like consumerism and inequality. Accessibility: Takes art to the streets, making it available to all. Mystery: His anonymity keeps the intrigue alive. With collectors vying for his works and over 12 million followers on Instagram, Banksy is not just an artist—he’s a global movement. For me, Banksy’s work is more than just valuable; it’s a reminder that art can—and should—provoke thought and conversation. What do you think? How do you see the future of Banksy’s art and its impact on the market? #Banksy #ArtMarket #ContemporaryArt #ArtCollecting

Is the art market truly recession-proof, or is it evolving to meet new challenges? 🖼️ In today's complex global landscape, the art market is showing both resilience and transformation. I recently contributed to an article with Spear's Magazine, where we explored key shifts that are shaping the future of art investment. Here are three critical takeaways: Resilience in Diversity: The market is expanding to include diverse and non-Western artists, presenting new investment opportunities. Digital Revolution: Online sales are growing, offering increased accessibility and transparency. Strategic Investing: Understanding market cycles is crucial; downturns can be prime times for acquiring valuable pieces. Staying informed on these trends is essential for collectors and investors looking to navigate this dynamic market effectively. Get more insights in the article of Livia Giannotti: https://lnkd.in/dJR8tSvd #ArtInvestment #MarketTrends #DigitalArt #ArtAdvisor #InvestmentStrategy

🌟 Wissen Sie um den wertvollen Bestand Ihrer Kunstsammlung? 🌟 Ein Kunstinventar ist aus mehreren Gründen unerlässlich. Lassen Sie mich ein konkretes Szenario beschreiben: Julia hat kürzlich eine umfangreiche Kunstsammlung von ihrer Grossmutter geerbt. Sie möchte den Überblick über die Sammlung behalten und sicherstellen, dass sie optimal verwaltet und geschützt wird. Julia entscheidet sich, ein Kunstinventar zu erstellen. Warum ist das so wichtig? Dokumentation und Verwaltung: Julia behält den Überblick über die geerbten Kunstwerke, von Gemälden über Skulpturen bis hin zu Antiquitäten. Dies erleichtert ihr die Verwaltung und den Zugang zu der Sammlung. Wertbestimmung: Durch detaillierte Informationen über Künstler, Entstehungsdatum und Zustand der Werke kann Julia den Marktwert der geerbten Sammlung besser einschätzen. Versicherung: Im Falle eines Diebstahls oder Schadens ist Julia abgesichert. Ihr Kunstinventar dient als Nachweis für den Wert der Sammlung bei Versicherungsansprüchen. Rechtliche Aspekte: Bei Erbschaften oder rechtlichen Streitigkeiten schafft das Inventar Klarheit und hilft, Besitzverhältnisse zu dokumentieren. Konservierung: Mit Informationen über den Zustand und die Restaurationsgeschichte kann Julia die Erhaltung der Kunstwerke gezielt planen. Provenienzforschung: Das Inventar enthält Angaben zur Herkunft der Werke, was die Echtheit bestätigt und den historischen Kontext aufzeigt. Ausstellungsplanung: Julia kann die Werke effizient für Ausstellungen organisieren und Leihgaben an andere Institutionen besser managen. Forschung und Bildung: Ihr Inventar wird zu einer wertvollen Ressource für Forscher, Historiker und Kunststudenten. Ein Kunstinventar bewahrt den Wert, erleichtert die Verwaltung und sichert den Zugang zu Kunstwerken für vielfältige Zwecke. 👉 Möchten auch Sie Ihre Kunstsammlung professionell inventarisieren? Ich unterstütze Sie gerne dabei – einfach und kostengünstig. Kontaktieren Sie mich per E-Mail oder Direct Message. #ArtOfCollecting #GlobalArtMarket #ArtCollector #ArtHistory #InvestmentInsights

🌟 Honored to be named a Top Recommended Advisor by Spear's 500! 🌟 SPEAR’S 500 highlights my "three decades of expertise" in the luxury and art markets, noting my work with Sotheby’s and my own company. They emphasize my focus on "authentication, valuation, and sale of high-end collectibles" and my commitment to providing "tailored, confidential services" to an international clientele. Read more about my journey: https://lnkd.in/dA_VXuUe Thank you to all my clients and colleagues for their trust and support! #ArtOfCollecting #GlobalArtMarket #ArtCollector #ArtHistory #InvestmentInsights

How can you confidently navigate the ever-evolving art market? First and foremost, by never stopping learning. That's why I've just completed The Art of Collecting course at Sotheby's Institute of Art!, where we discussed: 🎯 Focus & Discernment: Refining a collection focus and understanding the difference between price and value. 📜 Due Diligence: Handling authenticity issues, forgeries, and checklists to ensure informed acquisitions. 💡 Market Insights: Tips for managing inventory, using art historical resources, and databases effectively. 🛍️ Virtual Shopping Trip: A practical exercise that let me apply strategies to curate a hypothetical collection. These lessons have given me confidence in navigating the art world's fast-paced landscape and finding opportunities for unique acquisitions.If you want to discuss collecting strategies or collaborate on future projects, let's connect! #ArtOfCollecting #GlobalArtMarket #ArtCollector #ArtHistory #InvestmentInsights

In the high-stakes game of art collecting, some pieces skyrocket in value while others don't. But why? The answers may alter the way you look at your next potential acquisition. 👀 1️⃣ Reputation and Recognition: Ever noticed how a standing ovation can turn into a financial windfall? 📈 Gerhard Richter's halted production means his works are finite goldmines, as opposed to Damien Hirst's ongoing flurry of creations. 2️⃣ Market Demand: It's all about the market's cravings. Did you know the top 50 contemporary artists control a lion's share of 80% of the turnover, making them the titans of the art world? 3️⃣ Artistic Vision and Concept: That 'aha!' moment behind a piece can mean everything. Artists with a unique perspective or a compelling narrative behind their work often garner more attention and higher prices. The silkscreens of Marylin by Warhol are a perfect example. 4️⃣ Collector Base: The size and enthusiasm of an artist's collector base can drive demand and prices for its work. Established collectors who actively seek out and purchase an artist's pieces can create a strong market. 5️⃣ Artistic Medium and Materials: Sometimes, it's what you use that counts. The classic oil on canvas commands top dollar for its power and rarity, making it the heavyweight champion in the art arena. 6️⃣ Quality of Work: High-quality work doesn't just turn heads; it opens wallets. Craftsmanship and originality are the silent auctioneers driving up the bids. 7️⃣ Art Market Trends: Keeping a finger on the pulse of the market's heartbeats, from auction blocks to gallery walls, could be the crystal ball you need to foresee an artwork's value. 🔮 8️⃣ Exhibition History: A well-stamped exhibition passport can be a first-class ticket to increasing an artist's worth in the marketplace. 9️⃣ Long-Term Potential: Betting on an artist's future can be like investing in stocks; the wise look for a mix of consistency, evolution, and enduring appeal. Deciphering the code behind an artwork's value isn't just intriguing, it's vital for any aficionado or investor looking to dive into the deep end of the art market. If you're ready to navigate these waters with insider knowledge, send me a DM. #ArtInvestment #ArtValuation #MarketTrends #ArtCollecting #InvestInArt

In my previous post, we started to explore the art and luxury advisory landscape, highlighting the significance of expertise, market insights, and exclusive access in setting us apart. But that's only part of the story. Let's explore the remaining elements that define our role in the art and luxury markets. 4️⃣ Risk Management: In a realm where the stakes are as high as the rewards, managing risk isn't just an option—it's a necessity. Advisors can help clients mitigate these risks by conducting thorough due diligence, assessing the authenticity and provenance of artworks, and advising on diversification strategies. 5️⃣ Customized Services: The one-size-fits-all approach has no place here. Advisors can provide personalized recommendations and services based on each client's unique goals, preferences, and budgetary considerations. 6️⃣ Confidentiality and Discretion: Advisors serve as your confidants, ensuring that your transactions remain as private as the reasons behind them. 7️⃣ Navigating Complex Transactions: The path to acquiring or selling high-value items is fraught with legalities, negotiations, and intricate details. Advisors can guide clients through these processes, ensuring that their interests are protected. 8️⃣ Portfolio Management: For clients with existing collections or portfolios of luxury goods, an advisor can offer tailored portfolio management services. This may include asset allocation, collection curation, and strategic buying and selling to optimise returns. Overall, working with an art and luxury advisor can be a wise investment for individuals and/or institutions looking to navigate these markets with confidence and expertise. Should you need any assistance, please PM. 🌐💬 #ArtAdvisor #LuxuryInvestment #RiskManagement #PersonalizedService #Discretion