Geopolitical crises, economic warfare fueled by sharp increases and equally abrupt decreases in tariffs: the world is sinking into a spiral of permanent crises. The current upheavals are inevitably affecting the art world, which no longer knows which way to turn or which regulations to follow.
And what about France? Our country, despite its reputation for bureaucracy and high taxes, is unexpectedly becoming a beacon of trust and stability. It is no coincidence that Paris is regaining its former glory in the art world. The capital boasts some of the world's greatest museums and collections, and the dynamism of private foundations is undeniable, from the Louis Vuitton Foundation and the Pinault Collection to the brand-new Cartier Foundation, scheduled to open this fall.
In the art market, major events are holding their own, or even growing in scale. The resounding success of the Asian Art Fair in Paris is a prime example, establishing the capital as the epicenter of the Asian art market in recent years.
France also boasts highly protective regulations for collectors, particularly when purchasing works from dealers who offer significantly longer warranty periods than auction houses. However, it is essential to be well-informed: it is crucial that collectors have a clear understanding of the rules governing the acquisition of works of art.
This new issue of our journal aims to provide expert advice, enabling every art lover to pursue their passion with complete peace of mind.
