From the Corporate Art Collecting Series
By Edward J Sheldrick and Pinto Rai Dhir
One might assume that the main benefit of building up, maintaining and expanding a corporate art collection would be the yield of profit. In other words, a way to diversify and perhaps safe guard one’s assets. This conjures up imagery of precious artworks being kept in storage in warehouses and vaults and when the time is right sold at a profit perhaps fuelling future acquisitions. Alas, this is a very narrow minded way of thinking. In fact, in many cases the escalating value is often a by-product or an added bonus attached to a corporation’s art collection but this is certainly by no means a given.
If you are a business looking to start or enhance an art collection Elizabeth Xi Bauer can help
