Stage 04 of 06
Storage
Where most art actually is. Crated, racked, duty suspended.
- 13 Most Art Is in Storage The overwhelming majority of works in the market are in climate-controlled racking, not on a wall. What that infrastructure is, what it costs, and what it means that ownership is mostly custody.
- 14 The Condition Report A written record of every mark before and after transit. Why it is the most consequential document in the trade.
- 15 Crates and Travel Frames Packing as engineering: shock, humidity and the difference between a museum crate and a hire-in box.
- 16 Freeports Bonded storage where works sit outside customs territory. Described factually — what the mechanism is and why it exists.
The other stages
Agreement
What a consignment actually is.
4 entriesPrice
How a number is arrived at, and why it is not on the wall.
4 entriesBooth
What a stand costs and what it is for.
4 entriesEstate
The market for the dead, which is a different market.
4 entriesTerms
Ex works, nail to nail, temporary admission, reserve.
4 entries