by a highly skilled conservator; however, we also determined that it would
be unlikely for all evidence of the dent
to be reversed. To the contrary, given
the importance the art market places on
the meticulous construction and attention to detail which is the hallmark of
Judd’s statues, we fully anticipated some
diminution of value, which could only
be fully evaluated post conservation. To
be of assistance to the owner, contents
experts identified the conservator the
Judd Foundation has the most faith in to
make such repairs.
The owner ignored these recommendations and chose to work with a different
conservator. Upon notification that the
conservation work was completed, the
contents team scheduled a re-inspection.
As the statue was viewed hanging on the
wall, initial impressions were excellent.
Closely examining the area of the dent,
experts found absolutely no remaining
evidence of the dent, as well as no evidence of the metal work by the conservator. The contents team was stunned by
RESOURCES FOR EVALUATING ART LOSSES
E Analyzing Art Losses – By Tom Kirkpatrick
To save or not to save? This is often the question asked after a piece of artwork has been
badly damaged. The answer may not be readily apparent to the owner or the adjuster at first
blush. This article provides an overview for the criteria used for deciding when and how to
conserve an expensive art object.
E Proving Damage in Fine Arts Claims
By Stephen Halbeisen, Cozen O’ Connor
Fine art losses come in many shapes and sizes.
Often, fine art is a relatively minor component
of a homeowner or commercial property claim.
Occasionally, however, damaged art represents
the vast majority of a claim. Learn more about
evaluating such losses, including proving the cause
of loss and understanding the recoverable measure
of damages to identify subrogation potential.
To access the above articles in their entirety, go to www.propertycasualty360.com/claims.
what appeared to be a prefect restoration
of the artwork.
Turning their attention away from the
apparent success of the dent repair, con-
tents specialists removed the statue from
the wall and examined the statue in its
entirety. The outward appearance and
dimensions was spot on, however while
examining the substructure, the contents
team began to realize something was
wrong. The team had created an exhaus-
tive image study of the statue during its
initial inspection, not only the publicly
viewed outward facing surfaces, but also
