"Fine Art favours Due Diligence" ™
The art market can be quite complex and is unregulated for the most part; therefore, it is crucial to get the right advice when considering buying or investing in art. It has many fakes and for the unsuspecting collector or investor and it is wise to take precautions. A simple question will sum this up. Would you buy a Private Jet, a yacht or Property without conducting due diligence or getting reports from the respective experts? The art-world is no different, get the right advice and minimise the risks as you would do with any other asset.
As Art Advisors, we represent the Clients interests and not our own and always give unbiased advice. We are entirely independent of art dealers and galleries and not affiliated to any auction house. As Art Due Diligence specialists, we research and obtain as much information as possible about an art transaction, the artwork that is under consideration and the buyer or seller. This also includes due diligence on issues such as provenance and attribution, historical analyses, forensic examination, price research, collection management, insurance, storage, free ports, insurance, transportation, and so on.
DOMOS are the creators of "The PAM Test" initiative. This is a comprehensive checklist that enhances our ability to assess potential transactions when clients are buying or investing in fine art. Applying the PAM Test involves Investigating the Participants the Art and the Monetary transaction on all art deals. The checklists are crucial for the in-depth due diligence process on art transactions, so any risks associated with buying or investing and in fine art can be minimised.
With a 100% success rate, we have many satisfied clients from all over the world that range from Billionaires to wealthy families and family offices. Here is what they have to say.
One of our clients is Mitzi Perdue, the daughter of the Co-Founder and President of the Sheraton Hotel Chain and a member of the Perdue Farms dynasty. She is running an art auction for the Global Anti-Trafficking Auction (GA-TA) - Mitzi says “The purpose of our art auction is to raise funds and to raise awareness for organisations working against human trafficking.” She adds, “DOMOS Art Advisory expertise in deep level due diligence is a critical part of this effort. We know they make sure everything is 100%.”
Es Revellar Art Resort
Another of our clients is one of the largest private art collectors in the world. Roberto Alcalde is a Philanthropist and Founder of the Es Revellar Art Resort in Mallorca, Spain. Mr Alcalde said “We have over 2600 works of art at the Es Reveller Art Resort, due diligence in art transactions is essential to us in so many ways. DOMOS are specialists in this area and we use his services because they are the best at what he does. They lets no stone unturned when conducting due diligence and is always one step ahead.”
Confidentiality is of the utmost importance to our clients and is always maintained. We operate internationally and are just a call away. +44(0) 20 7193 8870 Mob/Cell +44(0)73 0819 0819 or drop us an email