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Last summer a
conversation took place at The Grapevine regarding a new service
our gallery would be interested in providing. After listening to
the idea, Tony Hochstetler provided his insight and the
transition from concept to planning got underway. We wanted to
use the back page this month as an opportunity to provide our
collectors the first opportunity to set up a time to “beat the
rush” so to speak before we offer our services to the general
public.
How does
it work? The term “Archiving” is being used as an umbrella
term for everything that is involved in the process. Grapevine
Archiving will be a service that will take place in stages.
First, we will come to your home where your collection is
permanently. Bringing a collection to us would be far more
trouble than anyone would willing to do. Once we arrive, we will
meet with you and take a photographing record of your
collection. After this stage is complete, we will get to work at
our place to do price research, cataloguing, formatting, create
inventory numbers and compile room by room documentation as well
as a summary list of your collection. Not only will we provide a
copy for the client but we will also store an additional private
and confidential copy locked up at The Grapevine as well.
Hopefully the additional copy will never be needed, but in case
of a catastrophic event, your investment would still be safe.
Why would
I need to have this done? There are several reasons to
properly document you art collection, however we will only
discuss a few on this back page. Protecting the value of your
collection is one very good reason to have your collection
archived. Knowing exactly what your investment in art is worth
is necessary in case a collector was interested in donating a
piece, estate planning, resale or insurance needs. As the
weather has been harsh in Oklahoma recently, the need to protect
your investment has clearly become a point for interest for many
collectors.
How much
is it? There are several ways to strategically complete your
goal of archiving your collection. The basic hourly rate to
properly complete the process will be $100 an hour. After
recently archiving the office at The Grapevine, that figure
worked out to roughly $18 a piece from start to finish. A few
options would be to go ahead and do the whole collection at once
with annual updates. Another option could be to just do
paintings the first year and then the following year have
sculpture and other mediums archived. Or, simply having a set
number of rooms done per year is also an idea. We would be happy
to discuss whatever plan would work best for you and your
budget.
Beginning
with the July Open House, we will have a sample of what an
Archived Collection would look like. Compared to other local and
non local services, the cost of Archiving a single piece would
be about the same price as Archiving an entire room with us. So
the questions of, Why do I need to do this? How much is it going
to be? Why do I need to have this done now and not later? Is it
in my budget right now or can I afford it? The answer is you
can’t afford not to. With our recent tornado and hail storms we
have suffered through, the smart move is to be proactive in
protecting your investment.
The Grapevine
Gallery is excited to help our collectors gain the piece of mind
associated with having your passion for investing in art
protected.
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