Cochran Arts helps collectors safeguard their investments by creating records of each work. We also provide complimentary appraisal reviews, drawing on our expertise in Post-War and Contemporary Art markets to identify works that have appreciated significantly. When updates are warranted, we prepare detailed retail Replacement Value reports that clients can share directly with their insurance agents. While we can't prevent natural disasters, we can ensure our clients are properly compensated should the unthinkable occur.
for the Art Market
The art market, like the rest of the world, is trying to assess the impact of President Trump’s recent tariffs on their business. As of this writing, US tariffs do not currently include artworks but retaliatory tariffs on art have been imposed by some countries (including England and Canada) and other imports the industry relies on have been affected.
Until the dust settles, it is hard to determine how the changes will shape the market but the players are wary. Art fairs, which thrive on international participation and the movement of artworks across borders, worry about a decrease in exhibitor participation if costs become too prohibitive. Collectors may stop purchasing in foreign countries to avoid the additional expense and complications of importing works purchased abroad. Major auction houses, which have made great strides to bring bidders from around the world to their major marquee auctions, may find buyers retreat to more regional sales. Gallerists with international rosters of artists and clientele are trying to assess how to adjust prices and rethinking their upcoming shows. Biennials and museum will face challenges as customs regulations will certainly complicate the logistics and cost of art transport. And at the place where it all begins, artists who use materials and fabricators worldwide are trying to assess how the changes will affect their production.
The US is the largest art market in the world, so there may be some advantages for regional fairs and auction houses. However, businesses are likely to pass on their increased costs to consumers, raising prices and making collecting art an extravagance that will eventually lead to an increasingly shrinking market for all.
This Michelin-starred restaurant in the heart of Paris blends luxury dining with an interior designed by Philippe Starck and walls adorned with contemporary art pieces.
This welcoming spot mixes American comfort food with modern and contemporary art from the Legacy Collection, both of which echo the spirit of Miami’s vibrant & diverse Black population, unique history, and bold style.
Situated in the heart of Fitzrovia, this Michelin-starred restaurant has a vibrant art scene, with works by emerging and established artists displayed throughout the space.
Home to one of the most significant private art collections in Italy, the restaurant, "Il Palagio," offers a fine dining experience surrounded by stunning Renaissance and contemporary artworks inside of the Four Seasons Hotel.