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There is plenty in Stefan Kobel's world to read about. The German art trade is pleased about the lowering of the value added tax from 19% to 7%. There are supposedly countries in the EU that demand even less tax from the art trade, but the difference is no longer as significant.Have a super week, everyone! Next week, "the" art market conference will take place ... read more
It seems that art and politics are caught up in a kind of pulsating attraction and repulsion, and not only in Germany. Italy has a minister of culture, where Germany has a commissioner for art and media, because culture is a matter for the federal states. Alessandro Gini, as the new Italian minister is called, has just cancelled the contracts of four museum directors who ... read more
There are journalists of both sexes who seriously report that the American electoral system is complex! The Winner takes it all has nothing to do with complexity. The principle creates large majorities that are far from protecting minorities. However, it also creates power that is not subject to any democratic control by an opposition that is based on anything close to the actual majority situation. ... read more
If you think about it, Christmas will be over in eight weeks. And there is a lot going on between now and then that has nothing to do with the US elections tomorrow: Artissima in Turin has just ended – or so I'm told, it was a success. The European Registrars are meeting in Rome from Wednesday for three days of lectures by experts, but ... read more
It was hard to believe when the French president announced after the 2019 fire at Notre Dame in Paris that the church would be reopened to the public after five years. At least in Germany, people have become all too accustomed to drastic budget and schedule overruns on public construction projects: the Elbphilharmonie, Berlin Airport, Cologne Opera House... to name just a few. On 8 ... read more
A few days ago, we were asked by an insurer whether we could name the premium volume for art insurance in Germany. The answer is difficult, because the German Insurance Association only roughly records about 50% of the market premiums by product. In addition to art insurance, the contributions are hidden in transport insurance, home owners insurance or industrial property insurance. A conversation with one ... read more