ART FAIRS PRESENT AND FUTURE FROM TURON TRAVEL EXPERT, NICHOLAS CHRISTOPHER
From my vantage point as a dealer visiting Miami Art Basel at the main convention center, some of the satellite fairs and marvelous private collections such as de la Cruz, Rubell, and Sender, the Miami art marathon last week certainly felt as if we were in a golden bubble of prosperity. The galleries seemed very pleased by the attendance and seriousness of the visiting collectors, dealers, and museum groups. The general consensus I gathered is that the exhibitors were very gratified by the results. Many works sold and many booths continually changed their exhibitions to offer new, unsold works to the visitors each day.
Nicholas Christopher, who heads Turon Travel, shares his perpsective on the influence of the economy on the art market in general and the international art fair circuit in particular.
HAVE THE FAIRS AND ATTENDANCE BEEN AFFECTED BY OUR CURRENT ECONOMIC DOWNTURN?
If art fairs are the barometer, then the economy is doing better than in 2008. Overall, the fairs these last two years have been very successful and the participating galleries are pleased with the attendance and sales.
WHY DO YOU THINK ART FAIRS HAVE GAINED SO DRAMATICALLY IN NUMBER AND IN ATTENDANCE?
It is a concentrated venue and an accessible way to see a great deal of modern and contemporary work easily. It is an easy and fun way for new collectors to get their feet wet, to see a lot of work in once place. For example, FIAC does a great job creating a wide historical span from important blue chip modern masters to cutting-edge contemporary.
There is more disposable income in general and people are expanding their lifestyle horizons. Art is very much a part of an affluent lifestyle.
DO YOU HAVE ANY SPECIFIC PLANS FOR THE FUTURE OF TURON TRAVEL?
I like to work in the present. It has been thirty-two years now and it’s still fun. It’s a pleasure working with everyone and being involved in an industry that is dynamic and constantly evolving.
THANK YOU SO MUCH. I THINK THE SECRET OF TURON’S SUCCESS IS NOT ONLY HARD WORK AND ATTENTION TO DETAIL BUT ALSO YOUR GENUINE LOVE OF TRAVEL AND ART.
One of the major responsibilities that a collector has, in my opinion, is the need to safeguard the works of art in a collection. I had the opportunity to be introduced to the knowledgeable and obsessively responsible Charles Bennardo, who heads New York based CEB Advisors, an affiliate of the Bullen Insurance Group, who provide strategic risk assessment and underwriting services. Charles caters to the special requirements and demands of high-net worth individuals to insure both residential and commercial properties, yachts, collectibles and, from my point of view, most interestingly, art collections. Next week, we will have the opportunity to learn about insuring your art collection from this expert.