21.02.2025 Risk Management

The conscious purchase of works of art

by ARTE Generali

The conscious purchase of works of art

Cristina Resti, Art Expert and Art Network Manager at ARTE Generali Italia, explains the process of due diligence and highlights its significance in consciously purchasing a work of art. Acquiring a work of art is a complex procedure which should require a thorough evaluation of its authenticity, condition, and legal status to ensure its true value. In honour of TEFAF and its rigorous Vetting process, this article explores the essential steps collectors should take before purchasing an artwork and the potential risks of overlooking them.