Current State of the Art Market 2011

Current State of the Art Market 2011

As the modern and contemporary art market continues into spring, confidence among buyers and sellers is increasing. Auctions in recent months have seen spectacular sales in modern and contemporary art. As an example, a recently rediscovered 6-by-6 foot Andy Warhol self-portrait doubled its pre-sale estimate to fetch $17.4 million at a London auction in February.

What this means is that art, is once again, becoming a chief investment as the difficult economic times appear to be improving. Concerns remain of course, but the recent months of great sales due to the emergence of wealthy collectors from Asia, the Middle East and South America has deepened the pool of buyers and therefore increased the demand.

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Custom Packing and Insured Shipping
Expert custom packaging and insured shipping guarantees the safety of your work and the security of your investment while in transit.
We typically ship using FedEx, as they assume full insurance for door-to-door transit of your artwork. We charge actual shipping and insurance costs, plus the cost of the packing materials. We never charge a handling fee. Feel free to contact us for shipping quotes. Should you opt to use a shipper other than FedEx, we ask that you please notify us prior to shipping. Please note: shipments to California residents are subject to local sales tax.

Masterworks Fine Art Gallery schedules shipping for our clients. Works can be shipped via FedEx Ground (3-5 business days), 3-Day, 2-Day, Standard Overnight or Priority Overnight shipping. Purchases typically ship within 3 days of payment clearance. We ship daily, Monday – Friday. Special delivery arrangements can be made, if needed.

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