Art Buyers Beware…

Art buyers beware. Here is another reason to work with a reputable art dealer.

In a July 16, 2008 New York Times report, they investigate the dealings of a Michigan-based gallery Park West who make about half of the $300 million annual revenue through sales aboard cruise ships at sea. Several customers have discovered that after purchasing a piece or pieces of art at sea, they return home to discover that the art they bought was immensely overpriced on the cruise. Some of the art were also sold at a discounted price with no sales tax.

Although Park West states that all sales are final, after many consumers’ persistent demands, they recently awarded those collectors a refund of their money, which prompts further investigation.

Let this be a message to travelling art collectors: be aware of the signs that point toward an unreputable art dealer. Selling art at a discounted rate is a clear sign that you should proceed with caution. Definitely do your research because you would not want to pay a large sum for an “original” only to discover that the piece you purchased is not an original, and is worth far less than what you paid.

http://www.nytimes.com/2008/07/16/arts/design/16crui.html?pagewanted=1&_r=1&en&ex=1216872000

On a happier note, one of Exclusive Collection’s Henry Asencio pieces “Quiescence” makes a cameo in an NBC San Diego report featuring the River View Medical Dentist Spa, the first all women’s medical-dental spa located in Santee.

“Quiescene” by Asencio, who is known for his portraits of the natural beauty and form of women, is an appropriate choice of artwork for the spa. See if you can spot this work of art in the video clip:

http://video.nbcsandiego.com/player/?id=276560

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~ by Exclusive Collections Galleries on July 18, 2008.

3 Responses to “Art Buyers Beware…”

  1. Henry Asencio’s “Quiescence” is a very beautiful piece, but I have to go back to the first one I fell in love with and this “Dawn”.

  2. I loved the new released ASENCIO ‘s “Transition” and “Endeavor”, his new color palete just make me want to paint 🙂

  3. I find Henry Asencio’s “Whisper” exciting and mesmerizing. His”Resolution-Study” leaves me breathless.

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