Know Your Grapes – Appraising Wine
Part Deux
As with any appraisal, when selecting a qualified appraiser look for a formal, up to date, education in appraisal theory, procedures, ethics, and law. The appraiser you hire should also be familiar with the type of property you want appraised and know how to value it correctly.
Wine is no different.
Wine, like other asset classes including art, antiques and firearms includes the areas of product knowledge, market knowledge and appraisal methodology. In an attempt to keep this simple, personal property appraisal methodology, industry accepted standards, will be assumed. (I know the problem with assumptions, no need to remind me here) Your appraiser must be well versed in all three.
In this final article I’ll list just a few aspects of Market Knowledge. This is not meant to be an all-inclusive list, just things to think about.
Wine Marketing – How are different wines from different countries marketed
Winery Only, Wholesale, Retail, Restaurant?
Provenance – Where did the wine come from?
Winery, Broker, Auction, Private Collector, Wholesaler, Retail
How did it arrive?
Planes, Trains & Automobiles, (sorry, that was a Steve
Martin and John Candy movie from 1987!) Trucks, Ships
When did it arrive?
What was the time of year shipped with respect to the
countries Involved? Was the Heat or AC on? (Stable climate)
How was it stored?
Stored in a Basement / Closet / Basement Closet! / Refrigerator
Primary & Secondary Markets for Sales – Wineries, Retail outlets, Live/Online Auctions
Emerald Art Services, LLC provides wine appraisals for insurance, equitable distribution and liquidation. We also provide collection inventory management and related software.
Ferdinand Brader exhibit to be held at the Canton Museum of Art in Canton, Ohio, December 2014 – March 2015.
April 25, 2012
Search continues for missing Brader drawings. Currently only 150 of an estimated 980 drawings have been located. We need your help to locate the missing 830 drawing for the illustrated book which will accompany the exhibition and will list all his known drawings. Contact Brader scholar and researcher, Kathleen Wieschaus-Voss, at kwieschaus@aol.com .
– Baughman: 2
– Chippewa: 4
MEDINA COUNTY OH (3)
– Wadsworth: 3
COLUMBIANA COUNTY OH (1)
Art Actually to take over Royal Caribbean Art Auctions from Park West
December 24, 2011
In May of 2010, Royal Caribbean dropped Park West, the company that handles art auctions on most cruise ships ending their cruise line art program. Now, Royal Caribbean is relaunching its cruise line art program, capitalizing on their extensive fleetwide art collection Art on Royal.
The new exclusive program is much more comprehensive and expands the breadth of onboard art-inspired events, with tours, seminars and auctions. Art on Royal integrates the entire onboard collection aboard Royal Caribbean’s fleet featuring Royal Art Icons, select artists among the entire Royal Caribbean Art Collection, and works by Royal Caribbean Signature Artists Romero Britto and Thomas Kinkade. This exclusive program, developed in partnership with Art Actually, was first piloted aboard Oasis of the Seas; is also currently aboard Adventure of the Seas and Navigator of the Seas; and will be available on most ships by the end of the year.
Through the unique Art on Royal program, guests have the opportunity to view and purchase a one-of-a-kind piece, as well as enjoy events on select sailings throughout the year. In addition, Art on Royal offers a range of gifts, souvenirs and high-valued originals, including limited-edition signed photography, prints and objects, one-off unique pieces, wall pieces and reliefs, miniatures, and artist commissions.
“Guests have always marveled at our art and many have inquired into how to purchase them” said Bauer. “Art on Royal will offer guests the opportunity to take home a lasting work of art as a memory of their cruise vacation, as well as provide a broad menu of enriching, art-inspired programs, featuring Royal Caribbean Signature Artists and Royal Art Icons pieces. This new art program is part of the Royal Advantage, Royal Caribbean’s commitment to deliver a compelling and most contemporary vacation experience.”
Art on Royal is managed by Art Actually and is inspired by the art that is on permanent display across the Royal Caribbean fleet. This extensive art collection has been compiled over a period of 20 years and contains thousands of unique art works by hundreds of established and emerging artists. The Royal Caribbean Art Collection is one of the largest private collections to be on display in its entirety on a constant basis.
Thank you to:
http://www.gadling.com/2011/07/04/cruise-line-art-program-builds-on-past-looks-to-future/
A Wee Bit of Irish History
June 14, 2010
O’Donnell Abu is probably the best known and most popular O’Donnell song. The tune was composed in the early part of the 19th century by a man from Carrick-on-Suir, Co. Tipperary. His name was Joseph Haliday and he was bandmaster of the Cavan Militia. He died in Dublin in 1846, aged 71 years.
Michael McCann, a young Galway man, added words to the music. The composition first appeared in ‘The Nation’ of January, 1843 and was then called ‘The Clan Connell War Song’. McCann, afterwards emigrated to America but later returned to England. At the time of his death in 1883 he was a shopkeeper in London. A celtic cross marks his grave in St. Patrick’s Catholic cemetery.
Years later Seosamh Mac Grianna, Rann-na-Feirsde, did the Irish translation.
O’DONNELL ABU
1.
Proudly the note of the trumpet is sounding
Loudly the war cries arise on the gale;
Fleetly the steed by Lough Swilly is bounding,
To join the thick squadrons in Saimear’s green vale.
On, ev’ry mountaineer,
Strangers to fight and fear;
Rush to the standard of dauntless Red Hugh!
Bonnaught and Gallowglass,
Throng from each mountain pass;
On for old Erin, “O’Donnell Abu!”
2.
Princely O’Neill to our aid is advancing,
With many a chieftain and warrior clan;
A thousand proud steeds in his vanguard are prancing,
‘Neath the borders brave from the banks of the Bann:
Many a heart shall quail,
Under its coat of mail;
Deeply the merciless foeman shall rue
When on his ear shall ring,
Borne on the breeze’s wing,
Tír Chonaill’s dread war-cry, “O’Donnell Abu!”
3.
Wildly o’er Desmond the war-wolf is howling,
Fearless the eagle sweeps over the plain,
The fox in the streets of the city is prowling –
All, all who would scare them are banished or slain!
Grasp every stalwart hand
Hackbut and battle brand –
Pay them all back the debt so long due;
Norris and Clifford well
Can of Tirconnell tell;
Onward to glory – “O’Donnell Abu!”
4.
Sacred the cause that Clan Connell’s defending –
The altars we kneel at and homes of our sires;
Ruthless the ruin the foe is extending –
Midnight is red with the plunderer’s fires.
On with O’Donnell, then,
Fight the old fight again,
Sons of Tirconnell,
All valiant and true:
Make the false Saxon feel
Erin’s avenging steel
Strike for your country! – “O’Donnell Abu!”
Is It Fine Art, A Collectible Or An Antique?
April 21, 2010
Although any item could be placed into one or more of the following groups, there are some general guidelines for placing an item into a category…
Fine Art – “a visual art considered to have been created primarily for aesthetic purposes
and judged for its beauty and meaningfulness, specifically, painting, sculpture,
drawing, watercolor, graphics, and architecture.” The word “fine” does not so
much denote the quality of the artwork in question, but the purity of the
discipline.[1]
Collectible – A collectible is typically a manufactured item designed for people to collect.
In addition, a collectible can be an item made without the intention of
special interest but due to rarity or uniqueness, production fault, human
error, nostaliga, or other events, becomes sought after due to its rarity in
these circumstances. A collectible does not necessarily have to be valuable
or antique.
Antique – The word antique comes from the Latin word antiquus, meaning old.
Although there are many opinions as to how old an item must be to be
considered on antique, there have been a couple formal attempts in defining
the term. One such attempt was the Smoot-Hawley Tariff of 1930 which
defined an antique as “works of art, collections in illustration of the progress,
of the arts, works in bronze, marble, terra cotta, parian, pottery or porcelain
artistic antiquities and objects of ornamental character or educational value
which shall have been produced prior to the year 1830.” Another attempt is
made by U.S.Customs and Border Protection defining an antique as “an article
over 100 years of age at the time of importation.” These definitions are arguably
only for taxation purposes. In a commercial situation I would suggest that an
antique is “a decorative object, piece of furniture, or other work of art created
in an earlier period” . There are many things that are old, but simply being old
does not imply that the item is an antique or even valuable.
[1] Dictionary.com – Unabridged
Int’l Mezzotint Society page on Facebook
March 8, 2010
The International Mezzotint Society
The International Mezzotint Society now has a presence on Facebook.
[http://www.math.ufl.edu/~glover/mezzotint.html]
Check it out at…
http://www.facebook.com/pages/International-Mezzotint-Society/292301830839?ref=ts
Development of Hairline Cracks in Oil Paintings
January 28, 2010
Why do oil paintings develop hairline cracks and acrylic paintings do not?
This is directly related to the binders used in oil and acrylic paint. Oil paint binder (linseed oil) dries to an inflexible weak film. As temperature and humidity conditions change and the substrate expands and contracts, this inflexible film can crack. In addition, linseed oil dries very slowly. If the lower paint layers contain more linseed oil than paint applied on top, the top layers will tend to dry sooner. This may cause cracks to develop.
Acrylic paint remains flexible, which prevents the paint film from cracking. Acrylic paint binder (acrylic polymer emulsion) dries to a flexible paint film because the molecules interlock. They “move” with the substrate (canvas) during expansion and contraction due to heat or cold and humidity.
© 2010 – EAS
Inland Marine Insurance
September 4, 2009
Check out my new Group on LinkedIn designed to assist with questions related to Inland Marine policies.
http://www.linkedin.com/groups?homeNewMember=&gid=2264487&trk=eml-grp-sub