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athena-art.com ART SOLUTIONS FOR THE GLOBAL FINE ART MARKET

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Page 1: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

athena-art.com

ART SOLUTIONS FOR THE GLOBAL FINE ART MARKET

Page 2: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

Athena Art Solutions enables best practices in art management, research and analysis, and offers unbiased data-driven evaluations to help position collectors and their intermediaries for potential financing opportunities and liquidity events.

Athena Art Solutions delivers collection management strategies, market intelligence and bespoke reports for the Global Fine Art Market.

Art Solutions

Page 3: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

Art Loan Underwriting Support

• Organize appraisal and condition reports• Connect and coordinate with artist estates

to verify authenticity • Insurance policy review• Conduct Provenance & Literature research• Manage all logistics and sale negotiations

in case of default or loan pay down• Offer unbiased comparable research for

evaluations

Out-Sourced Services for Art Professionals

• Bespoke art market reports based on Athena’s data• Logistics support for your inventory and your clients’

ranging from:• Athena’s global network of world class storage

providers • Athena’s transportation coordination to and from

fairs, galleries and museums• Athena’s review of loans and consignment

agreements and Insurance policies

Collection Management

• Bespoke data driven reports from art market analysis to specific artist statistics

• Research Provenance for current and new acquisitions

• Manage exhibition loan documentation and logistics• Review Insurance policies • Leverage Athena’s global network of world class

storage providers, conservators and appraisers • Transportation logistics to and from museums, art fairs,

galleries and auction houses

Art Solutions

ATHENA

How we can help

Fine Art Services for Key Clients

• Collection management• Bespoke reports on artists for purchase, sale, or a

number of other options pending client interests• Provenance research for current and new acquisitions• Manage exhibition loan documentation and logistics• Organize cataloguing on major software platforms• Leverage Athena’s global network of world class

storage providers, conservators and appraisers

Page 4: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

• Managing inventory and storage accounts• Data-processing and cataloguing• Planning of appraisal and conservation

projects• Collection valuation and mark-to-market

reports• Support and review of:

o Loan programs to museumso Consignments to auction houses &

dealerso Private sale opportunitieso Insurance policies

Collection Management

Athena Art Solutions assists clients in the exciting and often opaque art market. With billions of dollars of artwork changing hands annually, clients look toward experts who can offer greater transparency to confidently build and protect new or existing art collections.

Athena’s Art Solutions team can provide clients with expert guidance, risk assessment, unbiased market research and intelligence, proprietary data analytics, and collection management services.

We can collaborate with you to customize programs in the following areas:

Insight Reports:• Auction Infographics• Auction Pre-Qualified Purchase Finance Program

On demand custom research and analytics:• Value assessment• Comparable research• Artist market analysis• Provenance, authenticity and literature research

Fine Art Research

Art Solutions

Page 5: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

Question about title?Question about museum loans?

Conservation question?

Question about insurance?

Question about provenance?

Appraisal question?

Many of our clients are very active in the art market and often lend works to museums, gallery exhibitions, art fairs and other art-related events globally.Over the years, Athena has assisted clients in updating provenance and exhibition history, reviewing insurance policies as well as loan documentation for exhibitions, and negotiating auction house consignments and private sale agreements.

Collection ManagementOverview

Page 6: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

With in-house expertise and logistic capabilities, we support and manage a full scope of services.

Review Terms & Conditions

of SaleOptional: Review

ValuationReview Insurance

Coverage

Arrange Shipment and

Condition Report

Liaise with Consignor Through to

SaleIf Failed to Sell

Arrange Delivery Back

to Storage

Arrange Condition

Report

Consignments

Consignments & Loans to Museums

Review Terms & Conditions

Review Museum

Insurance

Arrange Shipment and

Condition Report

Liaise with Museum During

Exhibition

Arrange Delivery Back

to Storage

Arrange Condition

Report

Museum LoansOur services include:

• Transportation coordination• Insurance review and other

documentation processing• Organization of appraisal

and condition reports

Collection Management

Page 7: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

Leveraging Athena’s logistic expertise and global network of shipping and storage partners,our Collection Management team can provide custom solutions to address your specific needs.

• New York: 2• New Jersey: 1 2• Delaware: 2• Florida: 1• Colorado: 1• California: 1

US Storage Facilities European Storage Facilities

• England: 2• Switzerland: 3

Inventory & StorageCollection Management

Page 8: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

I am looking to acquire a Baselitz. Can you chart the paintings that have sold within the past 5 years and within the $500K - $1M price range?

How many Picasso Dora Maar paintings were bought-in over the past 10 years? Can you show me the results versus the overall Picasso buy-in rate?

I might bid on a Peter Doig in an upcoming auction. Can you provide an assessment on how similar works have sold within the past 4 global auction seasons?

What provenance research do you provide regarding works of art that I might consider purchasing through auction or a private sale?

What Basquiat paintings sold last night at Christie’s, what were their sell-through rates and hammer vs. pre-sale estimates? Do you also know what is coming to sale at Sotheby’s and Phillips?

Aside from the Ocean Park Series, which Diebenkorn medium and series is most desirable, and can you chart how many have sold along with their sell-through rate and estimate vs. hammer price?

Auction Reports & Custom Research

Fine Art Research

Page 9: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

With our proprietary art data analytics, Athena’s Solutions team can provide up-to-date market analysis and artist-specific reports.

Our research is fed by our comprehensive database with more than 600,000 records collected over 12 years.

Auction Post Report Artwork Pre-Sale Analysis

Auction Reports & Custom Research

Fine Art Research

Artist Specific Research

Page 10: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

Athena Art Solutions offers our clients an unbiased, comprehensive and independent platform to support art collection needs.

At Athena, we preserve your current and future client or advisor relationships.

We look forward to working collaboratively and flexibly, aligning our objectives with yours.

Art SolutionsConclusion

Page 11: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

The information and material in this document is provided for your eyes only, for informational purposes only, and may not be shared with any third parties. Athena ArtFinance Corp. and its employees do not provide valuation, tax, legal or accounting advice. This does not constitute an appraisal, valuation or any commitment byAthena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used as a basis for makingany decision to purchase, finance or decline to purchase any artwork. This material has been prepared for informational purposes only, and is not intended toprovide, and should not be relied on for business, tax, legal and/or accounting advice. Before engaging in any transaction, you should consult your own tax, legal,professional and accounting advisors.

This document does not constitute an offer on the part of Athena Art Finance Corp. to provide products or services. Products and services are available only at thediscretion of Athena Art Finance Corp., subject to the individual contractual terms and conditions on which they are offered and such products and services may bewithdrawn or amended at any time without notice. The full range of products or services may not be available in all locations.

ATHENA ART FINANCE CORP. MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY REGARDING THIS DOCUMENT ORTHE MATERIALS AND INFORMATION CONTAINED OR REFERRED TO ON EACH PAGE ASSOCIATED WITH THIS DOCUMENT.

ATHENA ART FINANCE CORP. ACCEPTS NO LIABILITY AND WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE ARISING DIRECTLY OR INDIRECTLY (INCLUDINGSPECIAL, INCIDENTAL OR CONSEQUENTIAL LOSS OR DAMAGE) FROM YOUR USE OF THIS DOCUMENT, HOWSOEVER ARISING, AND INCLUDING ANY LOSS,DAMAGE OR EXPENSE ARISING FROM, BUT NOT LIMITED TO, ANY DEFECT, ERROR, IMPERFECTION, FAULT, MISTAKE OR INACCURACY WITH THIS DOCUMENT,ITS CONTENTS OR ASSOCIATED SERVICES.

Legal

Disclaimer

Page 12: FOR THE GLOBAL FINE ART MARKET athena-art...Athena Art Finance Corp. to underwrite, subscribe or make any loan or to provide any other product or service to you and should not be used

For Further Information Please Contact

Nigel GlendayManaging Director, Strategy & Business Development

Naomi BaigellManaging Director, Client Relations

[email protected]