History

simcoart — Sat, 09 Jan 2010 03:05:31 +0000

Art has always been collected for various reasons and with different intentions. In the past decades it has emerged as a valuable commodity. Contemporary art has achieved a level of interest in the last twenty years that has dramatically changed the dynamic of how art functions within the market and within society. In fact contemporary art became synonymous with the art market.

As interest and investment value grew, it became necessary to have an art advisor to negotiate both access to and acquisition of the best, most desirable works. In today’s more stable art market, it is even more vital to have an art expert’s advice on the decisions necessary for purchasing art in this new emerging market where competitive values are now possible. Value has been adjusted, but more importantly, how to value and what to value are in the process of a slow and ultimately long term adjustment.

Art and its collection is no longer one that is considered to be a private one-to-one relationship between viewer/buyer and the artwork. It is a dialogue to be shared on a communal level. To our beneﬁt, the internet has expanded the arena to a global
community.

The market is extensive, marked by thousands of galleries and even more artists. SIMCO’s sophisticated and informed ability to decipher this information can reveal a market in which the signiﬁcant transaction occurs. In focusing speciﬁcally on the collection of emerging art, one is able to acquire an extensive collection that holds the ability to gain a strong market position. Furthermore, by purchasing artworks at a competitive price, early in the artists’ careers, enables for both cultural and asset value building.

SIMCO.

History