Who can rent works of art?
Everybody! Both private individuals and companies. Companies can even claim the monthly rental fees for tax purposes.
What kind of art can i find in the collection?
Exclusively originals, both paintings and objects. Primarily contemporary art but also partly classical modern art.
How does it work with my right of first refusal?
The monthly fees depend on the duration of the loan and the current value of the artwork. As soon as the loan agreement is signed, the borrower retains the right of pre-emption for this work up to one month before the end of the loan period. Two months before the end of the rental period, smart-collectors asks the borrower to decide within the next four weeks whether to continue to lend, buy or return the work. If the borrower wants to buy the work of art, he or she buys it at the price agreed in the loan agreement, even if the current value has risen.
How much does shipping cost?
There are no further shipping costs.
What happens if i want to exchange the artwork?
After the loan period, the borrower can return the work of art without any further restrictions. It is not possible to deduct the previously paid rental fees from another work.
How is the artwork brought to me?
smart-collectors delivers the artwork personally to you. We arrange an appointment with the borrower and deliver the artwork accordingly.
Who assembles the artwork for me?
smart-collectors is happy to help you with delivery. Otherwise, a nail is also quickly hammered into the wall.
What do i have to consider when dealing with the artwork?
As a general rule, smart-collectors require a species-appropriate approach to art. This means that paintings are not exposed to aggressive sunlight or hung in rooms with high humidity.
Are the works of art insured?
smart-collectors insures all works of art with the insurance partner Artima of Mannheimer Versicherung AG. Thus, the artwork is also insured with the borrower during the loan. If a mishap should occur, the insurance will take effect and a restoration of the artwork will be considered if necessary. It is important to note: Own repair attempts cannot be started.
How does billing work?
At the beginning of the term, a loan agreement is concluded with the borrower. On this basis the monthly fee is to be paid.With Paypal+, direct debit or regular transfer orders, this amount can be easily and conveniently paid to smart-collectors on time.