When one is starting one's own art collection, like with all new beginnings there are many questions to be asked: where do I begin? How do I know what I'm buying? How do I keep everything in order? Do I loan works? How do I know how much my collection is worth? Can I sell it for more?
This is where The Art Collector’s Handbook: The Definitive Guide to Acquiring and Owning Art comes in. Now fully updated, the new paperback edition tracks the latest developments on the art market and offers new and experienced collectors alike an overview and advice on how to best navigate their art collection - from acquisition, inventory management, the insurance, security, storage and conservation of collections, to art financing and investing, and the sharing and de-accessioning of artworks.
And who better to write it than the woman behind one of the biggest, most impressive corporate art collections in the world? Joining us in the latest Widewalls Podcast is the Global Head of the UBS Art Collection, Mary Rozell.
Comprised of various individual art collections integrated over time through a series of mergers and acquisitions, The UBS Art Collection currently includes more than 30,000 artworks, including paintings, works on paper, photography, sculpture, video and installations from critically acclaimed artists. These are displayed in UBS offices worldwide, serving as an inspiration for employees and a platform for dialog with clients and the public.
Overseeing it all for the past five years, Mary Rozell is an experienced figure in the world of art. An art lawyer with a Master's degree in Modern art, she is also an art historian and adviser to collectors, artists and estates. Drawing on such extensive experience, Mary has updated her handy collectors' handbook to reflect on the numerous changes on the art market during the last decade, and her book is now out for everyone to enjoy, and more importantly - use.
On the occasion, we caught up with Mary to discuss art collecting, and why this book is essential for anyone interested in acquiring and owning art.
Have a listen below!
With the rapid and unprecedented global expansion of the art market, new collectors are emerging every day. This new edition of Mary Rozell's definitive handbook is required reading for new and experienced collectors alike, as well as anyone aspiring to a professional career within today's art market. Fully revised since its first publication in 2014 to reflect the many changes which have taken place in the art market, in art law, and in the practice of collecting, it now includes a completely new chapter on private museums. Mary Rozell draws on her long experience as an art collection professional and an art lawyer to illuminate some of the myriad issues that arise when owning an art collection. Covering acquisition, inventory management, the insurance, security, storage and conservation of collections, art financing and investing, and the sharing and deaccessioning of artworks, this meticulously researched but accessible book is an essential guide to the fascinating business of collecting.
Featured image: Mary Rozell, Global Head of the UBS Art Collection. Photo: Timothy Mulcare.