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Thanks to multi-billion-dollar November art auctions in New York and the ever-growing behemoth that is Art Basel in Miami Beach each December (with an estimated $3 billion worth of art on view), the tail end of the calendar year has become one of the busiest for the global art trade.
This frenzy of buying and selling between dealers, auction houses, and collectors, translates into an equally dizzying routine with regard to art shippingóbe it from auction houses to private homes, to freeports in Switzerland and Singapore, from residential collections loaning works to prestigious museum shows, and from art fair booths to the homes of eager buyers abroad.
So what could go wrong? Plenty.
Source: ArtNet News - by Eileen Kinsella