Corporate Collections.
La Finca will assess the value of your corporate collection, develop a strategic selling plan of action, handle all the logistics and allow that company to focus on its day-to-day business at hand—knowing that they are going to achieve the best possible returns as their collectible assets find new homes. Whether it is a collection of prints, paintings, design or other media, company leaders can have confidence they are making informed decisions with the highest level of expert recommendations.
Deliverables:
A thorough digital or onsite analysis of the holdings.
An accurate market valuation and an understanding of the current avenues of sales for each work.
A final, concise selling plan designed around expert and data-driven recommendations.
Administrative, logistical support and timely payments throughout the selling process
Key success stories:
The value of expertise
Sale category: Contemporary Art
Sale type: Auction
Client: A Midwestern Corporation
This was one of two Ed Ruscha works that, when acquired in the 1980’s, were of moderate value. In the subsequent decades that followed, the value for Ed Ruscha’s market increased dramatically. The company who owned these two works decided it was better to sell these. These two pieces as they are on paper and have some sensitivity to light and the company no longer had a dedicated curator employed by the company to ensure their safekeeping. A selling plan was put together after an onsite visit and both were sold in high profile sales that were accompanied with a robust marketing plan and produced exceptional results.
Estimate: $200,000-$300,000
Result: $444,500 including premium.
Ed Ruscha (B. 1937)
A Nightclub Named “The Universe”, 1982
Dry pigment on paper
60 x 40 in. (152.4 x 101.6 cm)
© Ed Ruscha
A trusted partner
Sale category: Contemporary Art
Sale type: Auction
Client: A Midwestern Corporation
Just as your company carries its team of experts, La Finca, is your trusted partner in providing you a comprehensive service. This Midwestern company had amassed a very large collection of hundreds of pieces since the collection was established in the 1960’s. A strategy was developed to sell off a number of the higher value works but also thin the collection as a whole which was taking up a large amount of storage space. With a new company building being constructed this initiative was essential to allow the for the company to move forward without having to care for a large collection and to raise more funds for the new direction of the company. They were able to look toward the future knowing that they made the right decisions on their collection and maximized their returns.
Ed Ruscha (B. 1937)
S-Farm, 1982
Dry pigment and acrylic on paper
40.5 x 60 in. (102.2 x 152.4 cm)
© Ed Ruscha
Controlling costs while generating returns
Sale category: Design
Sale type: Auction
Client: Weyerhaeuser Company, Seattle
This large timber company in the Pacific Northwest owned a set of 35 midcentury chairs by the iconic Danish designer, Hans Wegner. At some point it came time to rethink and update their corporate spaces and it was decided to part with these works of design. An efficient plan of action was developed to bring this large number of these collectible, vintage chairs to market without diminishing their value by over-saturating the market. They were moved to Los Angeles in one single shipment, allowing for space and cost efficiency. They were offered selectively in various groupings and sales over the course of a year and half until the very last chair was successfully sold and paid for.