LPDM Fine Art offers a variety of services to clients interested in purchasing quality works of art. Whether for a one-time purchase or as part of a long-term collecting strategy, making a wise, carefully researched decision to purchase a work of art is critical.
Art advisory services include:
- Identifying and executing a collecting or single-purchase buying strategy;
- Sourcing works of art at auction, galleries and from artists and dealers;
- Researching and analyzing market price and long-term value of each piece;
- Arranging appraisal and authentication of artwork by relevant experts and institutions,
- Recommending purchases of artwork appropriate to each collector;
- Conducting private, guided gallery tours; and
- Coordinating purchases and completing transactions on behalf of clients.
For those who wish to sell a single work of art or an entire collection, LPDM will tailor a program best suited to the time frame and particular needs of the seller as well as a program designed to yield the best sale price for the work(s).
Building a Collection: For the vast majority of our clients, buying a work of art is not an everyday thing. Nor do they tend to buy pieces that will be stashed away, gaining value, in humidity-controlled vaults. Our clients most often live with art they love, recognizing that their investment is not just in the future but also in the present. Our job is to approach and manage their purchases soberly and with all serious intent, without once letting go of the feeling that comes with discovering something new that we love.
As a buyer’s broker we hold no inventory or gallery space, and while we work with many artists we are an independent, impartial representative, able to source artwork for clients equally well from auction houses, galleries, private dealers, and artist studios. We understand and approach art as both something our clients may live with and as an asset class.
Investing: No matter how much one loves a work of art, the compulsion to own it should be tempered by an understanding of the artwork as investment or as an asset. Each collector has a different risk appetite for investments, and an art advisor’s role is match the art collector with the appropriate level of investment risk, weighing concerns about short-term and long-term value with a collector’s desire to live with the work of art. Art advisors often prevent costly mistakes and guide their clients towards artwork that is undervalued or that has a better chance of appreciation in the future.