Premier Art Finance Artemundi Group / 2019 Premier Art Finance Artemundi Group : 201 | Page 9

New Yo rk · Lo n d o n · Mexico C ity · Ma drid
INVESTMENT PROTOCOL .
Quality, provenance, condition, uniqueness, demand, and timing are some of the vital factors to consider in the
appraisal. Artemundi’s decades of experience has perfected an exhaustive investment protocol for each potential
artwork acquisition.
OFFER RECEIVED
2. INITIAL REVIEW
1. INTERNAL APPRAISAL
Quick Research:
Initial comparatives:
• Recent auction results comps
• Size
• Google images research
• Artist
• Internal database of previous offers search
• Date / period
• Medium
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Update according to 4. EXAMINATION PROTOCOL
index and inflation Initial Review:
Price per cm 2 • Profitability potential
• Portfolio diversification
3. SECOND REVIEW • Exit strategy determination
Provenance verification • Evaluation
Exhibition record • Technical Data
Verification • Artist’s Financial Review
Bibliographical research • Comp sale statistical indicators
Revision of cultural heritage laws • Seller’s Reports
• Value Add Opportunity
Research of artist’s catalogue raisonné
VALUATION SCALE:
CONSULTANTS REVIEW
A five-member committee comprised of art
history and market experts give their indivi-
• Condition Report
dual unbiased valuation for the Curatorial,
• External appraisal
Academic, and Financial categories in order
• Scholarly review
to make a compounded decision. Based on a
• Art Loss Register check
100 pt. valuation scale.
• Certificate of authenticity
Curatorial: Formal aspects of the
artwork.
Academic: Provenance and aesthetics.
Financial: Economic factors related to
the artwork.
6. MONITORING
5. CLOSING AND COMPLIANCE
Invoice and file Bill of sale
Insurance policy renewals
Entitlement: Title insurance
Inventory report
Lien search Implementation of appreciation strategies Technical report
Escrow agent including: Storage requirements
Logistic budget Restoration, Exhibition loans, Academic Updated appraisal
Payment and tax procedures research, Geographical arbitrage.
Review of transactional documents by
legal council
Insurance
TIMING AND EXECUTION OF EXIT STRATEGY
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