Parsons Fine Art Advisory

Independent, and paid only by you

Collection advisory

Independent advice on what you own and what you are considering buying. The practice advises only: it does not buy or sell, takes no commission on any transaction, and has no inventory to place.


Pre-purchase review

Before you bid or sign

Condition, authenticity, provenance, comparable market history, and a candid view of whether the asking price is supportable. For an auction purchase, that means reading the catalogue entry for what it does not say, checking the condition report against the images, and setting a walk-away figure before the sale begins.

Collection strategy

Where it is strong, where it is thin

Most collections grow by accident, out of opportunity, affection or inheritance. Seen whole, they usually have two or three genuine strengths worth deepening and a long tail that dilutes them. The practice will say which is which, what to pursue and what to release.

Sale guidance

Which market, which venue, what timing

What to expect net of commissions, and where to obtain it. A Rochester collection does not automatically belong in a New York City saleroom; a regional house is sometimes the better net result. Where auction is right, the advice names the house and what to negotiate in the consignment agreement. Where a private sale or a dealer is the better route, the advice says so.

Where the interest lies

Because the practice takes no commission and never buys from clients, advice on where to sell earns it nothing either way.

Collection management

Records your executor can use

Inventory systems, documentation, insurance scheduling, and putting the records into a state an executor can act on. The most common finding in an estate is a significant collection with no inventory, no invoices and no photographs, which costs the heirs money and, occasionally, the object.

Common questions

Does the practice sell art?
No. The practice does not buy or sell property on its own account, does not accept consignments, and takes no commission on any transaction it advises on. The fee is hourly and comes from you alone.
Can the practice bid at auction on a client’s behalf?
The practice will advise on what to bid and why, review the catalogue and condition report, and set a limit with you. Execution of the bid remains with you or your representative.
You have inherited a collection and do not know what to do with it.
Begin with an inventory and a valuation, then decide. Deciding first and valuing afterwards is how families give away the good piece and insure the reproduction.
Is advisory work billed differently from appraisal?
Same hourly structure, same written scope before work begins, and no project minimum. Advisory conversations that lead to a formal appraisal roll into that engagement.

Rate

$225 per hour

Advisory rate. No project minimum. Fees are never based on the value of the property. Full fee schedule