A strong art market recovery during 2021, combined with ever more professional clients discovering the value of truly independent advice, made Cadell a Top 3 consigner in Europe. Cadell’s clients sold over $150m in art and collectibles at public auction or via private treaty sale in 2021, with over half now coming from Switzerland. Leading […]
Posted on: July 10, 2023 by Richard Bagnall-Smith
Cadell, global art advisors, announced today the appointment of Caroline Sayan as Chief Executive Officer & President, Cadell North America. “Following increasing demand for our work by global sellers, evidenced by over $150 million in consignments during 2021, we are delighted to welcome an executive leader with such depth of experience at the very top echelons of […]
Posted on: July 10, 2023 by Richard Bagnall-Smith
Private Sales for top property may have boomed, but since March 2020 our advice to clients has been to put almost all auction activity on hold. The on-line or hybrid auctions may have worked for a few exceptional items, or for low-end ‘shopping’, but for the majority of collections the inability to view the works […]
Posted on: July 10, 2023 by Richard Bagnall-Smith
Cadell has recently played a critical role for sight loss charity, the Vision Foundation, by helping to maximise proceeds from an art collection that was seized by the Nazis. In 1938, the Irma Löwenstein art collection was seized and sold under duress before Irma and her husband fled Vienna for London, where her husband died […]
Posted on: July 10, 2023 by Richard Bagnall-Smith
The economic impact of Covid has undeniably arrived in the art market. A trickle of enquiries on managing the sale of art collateral has now evolved into multiple high value cases. Whether you are a lender, borrower, lawyer or trustee it is in everyone’s interest that sale proceeds are verifiably maximised. Here are 3 cast […]
Posted on: July 10, 2023 by Richard Bagnall-Smith
Panel participants included; Willem de Gier, Director, Cadell. Sandrine Giroud, Partner, Lalive. Amanda Gray, Partner, Mishcon de Reya.
Posted on: July 10, 2023 by Richard Bagnall-Smith
Panel participants included: Willem de Gier, Director, Cadell. Simon Fitzpatrick, Partner, Boodle Hatfield. Alexander Jolles, Partner, Schellenberg Wittmer. Charles Hill, former Detective Chief Inspector, Metropolitan Police, London.
Posted on: July 10, 2023 by Richard Bagnall-Smith
Panel participants included: Richard Bagnall-Smith, Director, Cadell. Sandrine Giroud, Partner, Lalive. Rebecca Fine, General Counsel, Athena Art Finance. Phil Lenz, Deputy Country Manager, Butterfield Trust.
Posted on: July 10, 2023 by Richard Bagnall-Smith
A trustee had been approached to set up an art-fund with a Leonardo da Vinci as the principal asset. He asked Cadell for a second opinion on the da Vinci. The sector expert already knew that this work had been on the market ‘for years’ and hadn’t been accepted by any of the relevant experts […]
Posted on: July 10, 2023 by Richard Bagnall-Smith
Client wanted to start building an art collection and had negotiated to buy a work from an art dealer in Western Asia. His private banker was aware of the risks and asked Cadell for a second opinion. Research by a sector expert revealed that the resale value of the work would be 60% less than […]