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At more than 200 works, it became the largest U.S. collection of corporate-owned African American art. [9] Pajaud stated that the collection was the thing of which he was proudest in his career. [11] A large proportion of the collection was auctioned in 2007 when the Golden State Mutual Life Insurance Company went out of business.
Markel Specialty provides property and casualty solutions for standard and hard-to-place risks to commercial customers and individuals for the insuring of: camps; child care centers; horses and farms; medical transportation, motorcycle, boat, and ATV owners; museums and fine art collections; pest control operators; schools; social service agencies; and small businesses.
Art loans may be made for many reasons, some of which may include advances against art not yet produced (usually made to artists of some repute), advances against items to be auctioned or otherwise sold (known as a bridge loan to sale, a type of bridge loan), to finance new purchases (known as acquisition financing and similar to a mortgage), and loans to assist dealers amass inventory (known ...
Individuals looking to begin a career in the Collections Management field generally possess a bachelor's degree in history, art history, fine arts, or a field related to museum interests. Many institutions now require a graduate education in museum studies or field relating to the museum's collections in this competitive job market.
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Western Fine Arts Collection, Oklahoma City, OK ($140,000) The Hermitage, near Nashville, TN ($340,000) Eastern State Penitentiary Historic Site, Philadelphia, PA ($500,000) 1777-78 Continental Army Winter Encampment Structures, Valley Forge National Historical Park, PA ($450,000)