Leize Gaillard of William Means Real Estate located in Charleston, SC, recently featured The Fine Art Group Southeastern Regional Representative, Shane David Hall, in her October Newsletter.
Leize is a twelfth generation native to Charleston – this long familiar history has encouraged her passion for Charleston architecture, historic preservation, and the real estate market. Much like The Fine Art Group, Leize appreciates the role of a trusted advisor and encourages a spirit of stewardship and transparency among clients.
Read the full newsletter here.
“This is serious business and should not be trivialized.”
Managing Director Guy Jennings comments on the recent 20th Century Evening Sale at Christie’s, arguing that its distracting entertainment should not be taken lightly, nor detract from the sales results.
To read more of Guy’s insight into the content of the sales and the overall sales statistics, please click here.
“Collectors have already adjusted to considerable uncertainty [in 2020] in every aspect of their lives, and the industry as a whole has adapted at a remarkable pace to the radically transformed trading conditions.”
Senior Director Morgan Long comments on the latest Christie’s 20th-Century Evening Sale, and how it reflects that collectors have already fully adjusted to these times of uncertainty.
To read more about the auction results and the high-tech, live-streamed event, click here to read the article in full.
“The whole market is going to change in how it’s transacted.”
The Fine Art Group Founder and CEO, Philip Hoffman, spoke to CoBo Social Managing Editor, Denise Tsui, about what the art market might look like in the wake of COVID-19.
To read more of his perspectives on the future of the art market, please click here.
“There are likely lots of collectors out there looking for liquidity who are just not aware that art-based financing can be a fast route to capital.”
Speaking to Bloomberg, CEO of Art Finance Freya Stewart discusses the two-fold increase in art-based financing enquiries during the spread of COVID-19.
To learn more about how clients are increasingly turning to their art collections for the security of readily available capital, click here to read the full article.
“A true real asset art loan (meaning a loan secured solely by art, without extensive borrower financial assets/liquidity tests) is very attractive for owners of high value art (and jewelry) because it’s a very straightforward way of releasing capital in short order, at a time where access to fast liquidity is so valuable for many people.”
CEO Art Finance and Group General Counsel of The Fine Art Group, Freya Stewart, speaks to Patricia Lee at Withersworldwide and discusses bank loan liquidity opportunities and current art loan challenges.
Read the article in full here.
“Whether you need guidance through the art market or wish to develop your taste and artistic knowledge, it is worth seeing the advice and support of experts. Philip Hoffman is one of the most experiences of these experts.” In the entrepreneurs issue of Credit Suisse’s magazine, Scope, our Founder and CEO Philip Hoffman points out that “collectors are no longer thinking of their art as a separate, purely passion-driven entity – they want it to be financially sustainable, secure, and efficient – from buying to storing to selling. I think both collectors and private bankers now appreciate how valuable proper advice is in this area.”
Follow this link to the full article to read about shifts in collecting trends, the importance of independent art advice, and how to borrow against your art.
In the Deloitte Art & Finance Report 2019, Freya Stewart contributed an article on the current state of the asset-based art-secured lending market, and the challenges and opportunities the next five years will bring.
“Awareness and understanding of art-only asset-based financing among the top-end collecting community and, importantly, their financial advisors and family offices, has without doubt risen in recent years…. In particular, significant younger collectors, and collectors who are entrepreneurs in other markets, are coming to recognize the diverse utility of art-secured credit facilities…
… The growing demand for art-backed loans is a natural reflection and extension of the increasingly sophisticated nature of the world’s most active and prominent art buyers.”
Read Freya’s full article on pages 120 – 121 of the Art & Finance report here.
Henry Little, Associate Director of our art team, is a frequent contributor to Phaidon publications such as Vitamin T: Threads and Textiles in Contemporary Art and most recently, Great Women Artists. Past and present female artists are gaining greater recognition throughout the art world, a shift this comprehensive volume reflects. Featuring more than 400 artists from 50 countries, this fascinating presentation of 500 years of female creativity ‘reveals a parallel yet equally engaging history of art for an age that champions a greater diversity of voices’.
The publication Great Women Artists will be available from 25th September 2019, visit the Phaidon website for more information.
FURTHER READINGS
The Fine Art Group is proud to announce the opening of a new regional office in historic Charleston, S.C., allowing our experienced team of appraisers and advisors to maintain the highest levels of accessibility, transparency and trust for clients in the southeastern United States.
Since its founding in 1670, Charleston has remained a cultural crossroads and retained an extended dialogue with the fine and decorative arts market driving connoisseurship and collecting throughout the region.
TFAG looks forward to taking part in this important conversation by providing clients with the same access to exceptional art market intelligence they have grown to know and expect. Our services include appraisals, visual inventory, collection management, art advisory and continuing education. Details on these services are at our service page.
Shane David Hall, Appraiser & Advisor – Senior Decorative Arts Specialist, will lead the Charleston location. Shane earned Bachelor of Fine Arts degrees in Historic Preservation, Urban Planning and Art History from the College of Charleston, and a Master of Arts in American Fine and Decorative Arts from Sotheby’s Institute of Art, New York City.
With a lifelong enthusiasm for art, architecture and decorative arts, Shane began his career as curatorial assistant at This Historic Charleston Foundation and interned with the prestigious Winter Show. He acquired extensive art market experience at three international auction houses, becoming the Director of Selkirk Auctioneers & Appraisers in St. Louis, Mo. , one of America’s oldest auction firms. Shane is certified in the Uniform Standards of Professional Appraisal Practice and is an active member of the College of Charleston Alumni Association. Hall looks forward to assisting clients in North Carolina, South Carolina, Georgia, Alabama, Mississippi, Louisiana, Texas and beyond.
SHANE’S INSIDER GUIDE TO CHARLESTON
MUSEUMS
Gibbes Museum of Art
Founded in 1858, the Gibbes Museum is the foremost collection of American art that incorporates the story of Charleston and the South. The museum connects the city and regions artistic past to a vibrant contemporary art scene and continued scholarship.
Halsey Institute of Contemporary Art
Housed within the School of the Arts at the College of Charleston, the Halsey originates five to seven exhibitions annually dedicated to contemporary art and focusing on emerging and mid-career artists.
EVENTS
Charleston Antiques Show
The premier fine art and antiques show in the southeast highlighting over 30 dealers of fine arts and antiques showcasing 17th to mid-century modern, English, European and American period furnishings, decorative arts and fine art, architectural elements, garden furniture, vintage jewelry, silver and more.
Spoletto USA
For 17 days and nights each spring, Spoletto Festival USA fills Charleston’s historic theaters, churches and outdoor spaces with performances by renowned and emerging artists in opera; theater; dance; and chamber, symphonic, choral, and jazz music. Spoleto Festival USA is recognized as America’s premier preforming arts festival.
DINING
Breakfast
Miller’s All Day
Celebrating everybody’s favorite meal by shining a spotlight on small batch grains, perfectly turned eggs, delicious proteins, craft cocktails, and gentle surprises designed to delight even the most hardboiled diner.
Lunch
Gaulart & Maliclet
Providing fresh, affordable, healthy, global cuisine with French flair in a social environment that encourages community and the Arts.
Dinner
FIG
Our approach is simple. We have a passion for pure flavor, quality ingredients, and for creating an atmosphere that is convivial, approachable, and a haven for people who simply love food.