Art Banking

[LCR]

Сообщение от fross

In the journal The Economist - the announcement of the exhibition (Vilhelm Hammershøi) "Wilhelm Hammershoy: poem of silence" at the London Royal Academy of Arts, and later in Japan.

Blank interiors are very good - reminiscent of my beloved Hopper.

This site is for those who want to see Hopper (I think that Munch should like): http://americanart.si.edu/collection...opper/art.html

[fross]

LCR reminiscent of my beloved Hopper.

And so it seemed to me - mainly so, and drew attention.

[fross]

Banks we have turned the program to extend credit secured by works of art, so they were not deploying.

"Bank" A new symbol, which previously offered loans on the security of works of art, turned the program. The bank reported that the program is not profitable and the bank now offers services for the storage and circulation of works of art. Russian International Bank admitted that there were isolated instances of collateral works of art, and he is now willing to consider such a service, but only for their clients. Willingness to take a pledge of any work of art is expressed in the OTP bank. "In principle, the bank is willing to consider such exotic mortgages. But be aware that taking, for example, copyrights as collateral, the bank can then face the problem of their evaluation. In addition, they will be very difficult to subsequently implement because of the specifics. Works of art and antiques, too, could be a problem assessment ", - says Director of Product Development Directorate of OTP Bank Igor Antonov." - Yesterday in Kommersant-Money.
Can this explain the financial crisis and the fact that interest on other types of collateral (real estate, automobiles, and securities) are growing and the size of the discount, too. Nevertheless, under these loans are given.

[Admin]

Yes, I regret to have to admit that the art market in our country are still not even in its infancy. This is a tiny niche for a handful of initiates. And the forecast period, when the mass consciousness is much to be understanding of its importance, it is not possible. 10-20 years, no less. To do this, the country must grow not only the cultural level in general, but the level of financial culture among others. And, perhaps, the second at this stage, even more significant than the first.

[Евгений]

Сообщение от Admin

for a handful of dedicated.

Not quite a handful, but the mass there will be no clear and after 100 years ..

[iosif]

Admin,
I was in this context more optimistic. I think many people do not think about it. Need, not afraid of the word, propaganda.
In any case, many, many of who have purchased with our help, painting and graphics, to our proposal did not even think. And buying time, then do not come once.
Water stone.

I forgot to mention the most important: the first time buying works of art, they are discovering new and joy, and a powerful psychological support, much needed in our nervous world. Anyway, thanks for the retention often.

[Meister]

and you know why turned? Firstly, because there was almost no advertising, and secondly because a very large discount (ie, such a picture is worth a million and a loan offer 300 thousand), and thirdly, a very complicated procedure of registration, all sorts Pts bumazhechek must, in the fourth no confidence that you will you give the picture but if you get it back? all the same "new symbol" small loose bank ...

[Vladimir]

Сообщение от Meister

in the fourth no confidence that you will you give the picture but if you get it back?

do not know, but in Russian banks have special storage for pictures? In order to temperature regime, vladzhnostyu and all that - as in foreign "ports". And about the question of safety ... I have heard stories where the bodies vytrehali the cells in the repository of a bank (such as legally), so that is not Switzerland.

[Meister]

the new symbol was and is the repository, as far as I know, is a small, but there are ... but on keeping you, Vladimir, indisputably right ... fear ...

[la Belle]

Hello.
And there are people who used the services of art-banking? Maybe someone to share personal experience? Should I apply to art consultants, if you want something to buy?