Example:
Eleanor has been devotedly collecting modern and contemporary art for decades. Her major suppliers are dealers and galleries from the secondary market. One of her acquisitions emerged as a huge problem. Though the gallery insisted on the works authenticity, the artist denied it. Another work from her collection reached her with a poor condition, as the previous owner stored it in his mansion close to a tropical forest, exposing the work to excessive humidity and temperature.
The concerns Eleanor used to have to whom the work belonged, where it was stored, its current condition cease to be a problem. An effortless search can bring all the wanted information ready at hand.
Quantify the Value of Art with FRESCO
The value of art is essentially undeterminable. It is affected by numerous factors, such as the exhibitions, publications, and awards related to the artist, price records from the primary market and auction houses, and the condition, dimensions, mediums, year, subject, style, and rarity of the artwork. Added to these intrinsic qualities of the artwork, the overall state of the economy and the tastes of the marketplace add to possible fluctuations in the value of a work.
Attempts to generate an index for a quantified value of art are many. Most of the models, however, are opaque, arbitrary, and thus subject to manipulation. FRESCOs democratized and transparent mechanism eliminates consumer doubts.
Any current outsider, without much knowledge of art history or the market, can refer to the FRES Trust of an artwork and have access to all its records online. Whether used for investing or simply information gathering, FRESCO is your reliable reference.
