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Art Basel Miami Beach is one of the most important art fairs in America. This December, an ambitious new exhibition area, Meridians, will house large-scale projects inside the Miami Beach Convention Center’s Grand Ballroom where installations, videos and performance art that’s too big for traditional booths will be displayed, discussed, applauded, critiqued and altogether impossible to miss.
But artwork that gargantuan comes with a special set of risks.
In this blog we wrote last year, we talked about how art galleries can prepare for Art Basel with proper planning and coverage. The sheer scale of Meridians adds new layers of complexity for gallery owners, from shipping to the liability that goes along with interactive installations. In addition to purchasing your fine art fair coverage as early as possible, consider these obstacles when bringing big art to Miami.
Additionally, Customs brokers can advise on best methods for packing items for transport. We advise clients to use “roll-on/roll-off” (Ro-Ro) ships, in which cargo is on wheels and kept under deck. If the piece has a sensitivity to climate, you’ll need to get a refrigerated container.
Even if the value of a large-scale piece doesn’t cover the extra costs of shipping and insurance, Meridians can earn fantastic exposure for a gallery, or create buzz for a particular artist.
As always, work with a broker who will get the best price, coverage and risk management advice when you come to an art fair like Art Basel. Brokers should ask their clients the dollar amount of the artwork they’re bringing. Sometimes, it can lead to a lower premium. It also lets underwriters know the total accumulation at the fair. Declare what you’re bringing so that it’s covered when disaster strikes.
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