Buying and selling art and collectibles through dealers -- The written contract -- Express and implied warranties generally -- Warranties of authenticity, condition, and rarity -- Getting good title -- Buying art and collectibles for investment -- Selling art or collectibles through dealers -- Miscellaneous aspects of buying art or collectibles -- Buying and selling art and collectibles at auction -- Consigning to auction -- Buying at public auction -- Buying and selling art and collectibles remotely -- Basics of buying and selling collectibles online -- Copyright considerations when displaying art and collectibles online -- Telemarketing -- Additional rights and risks when buying or selling remotely -- Additional considerations unique to certain art and collectibles -- Illegal art or collectibles -- Buying and importing cultural property -- Dispute resolution in art and collectibles transactions -- Negotiation, arbitration, and litigation -- The Federal Trade Commission and other government agencies -- Taxation of art and collectibles -- Sales, use, and income taxes.
Summary:
"Buying art and collectibles is a passion for Americans. From the imposing sales rooms at Sotheby's to the local swap meet, we all search for objects that are interesting or will increase in value over time (hopefully, both). But few of us know where to go to learn our legal rights and remedies when buying or selling art and collectibles. For example, what if a work of art turns out to be a fake? Or a "rare" stamp or coin isn't as rare as the dealer said? When buying or selling through auction houses, can you negotiate the commission and other terms? Are insurance and other expenses related to art or collectibles tax deductible? This book answers those questions and many, many others, and gives the reader a good working knowledge of legal aspects of buying and selling art and collectibles"--Provided by publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.