Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

During a Disaster, Art is an Afterthought

September 18, 2017 by Marion Maneker

The New York Times spent the weekend covering the aftermath of South Florida’s encounter with Hurricane Irma. As we reported before the storm, many art collectors were actively moving their works to storage—or had their art still stored during the off-season—to protect it from the storm.

But many others just didn’t think to take those actions as the Times discovered when they met Golden Beach’s Jeremy Alters:

When Mr. Alters called his insurer to file a claim, the company sent an art preservationist and a team of art movers to his home. The collection had survived the hurricane, but the hot, humid conditions posed a danger. Had he called sooner, the company told him, it would have moved the art out — at no charge — before the hurricane hit. “I forgot that they said they’d help with the art during a storm,” he said. “Now, I’m paying attention.”

More from Art Market Monitor

  • Sotheby's Makes Small Loss for 2009Sotheby's Makes Small Loss for 2009
  • Phillips Brings Two $5-8M Rare Works by Zao Wou-Ki  to July Hong Kong SalesPhillips Brings Two $5-8M Rare Works by Zao Wou-Ki to July Hong Kong Sales
  • Private Planes Used as Back Door to Avoid Customs on Swiss Art ImportsPrivate Planes Used as Back Door to Avoid Customs on Swiss Art Imports
  • Who Owns the Past?Who Owns the Past?
  • Third Point Responds to Sotheby’sThird Point Responds to Sotheby’s
  • Art Market Is Sustainable As Long As Ranks of Ultra High Net Worth Individuals GrowsArt Market Is Sustainable As Long As Ranks of Ultra High Net Worth Individuals Grows

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor