Segil Fine Art

Gallery:
110 West Lime Ave
Old Town Monrovia
CA 91016

Phone:
626-358-5563

Hours:
Tuesday-Saturday
1-6 pm

Online:
SegilFineArt.com

Happy New Year! Wishing you and yours a prosperous and happy 2006 from everyone here at Segil Fine Art gallery. Last month we celebrated our Third Annual Small Works Show with over 150 new pieces of art in the gallery from oils, to watercolors; pen and ink to pastel, and welcomed bronze sculpture & blown glass to join ceramic art. The show is so comprehensive that we have decided to keep it up an extra two weeks, until January 21st, for those of you who have been swamped over the busy Holiday Season.

Laura Segil
Segil Fine Art Gallery
 

In this Issue

A Look at 2006-Four Exciting Additions

 
2005 was an incredibly busy year at the gallery and we’re getting ready for some fun new additions in 2006, which I’d like to share with you. Although there will not be a new exhibit in January, please come in and see the extension of the Small Works Show.
 

Bi Monthly Small Group Shows
We will be holding small group shows every two months in 2006, which will hang for six weeks. In February, look for our postcard in the mail announcing our first group show.
 

Exhibiting at Whites Gallery
Many of you know that Whites Gallery in Montrose and Segil Fine Art work closely together to bring our artists closer to you. Segil Fine Art is expanding our exhibition space into Whites Gallery and will open in January.
 

Advertising in Fine Art Connoisseur Magazine
Formerly Plein Air Magazine, Fine Art Connoisseur Magazine has changed its name, but not its beautiful image. Look for W. Jason Situ’s ad in the January edition and F. Scott Garland’s in February. We will be advertising in the magazine throughout the year.
 

Website and Internet Expansion
Our website is now officially one year old and we are ready to expand, bringing you more art and news about our artists. We promise not to flood you with boring emails, but only to keep you posted on what is new at the gallery.
 
 

Collector's Corner

Values in Art; What it Means to Your Collection and Collecting
Three Part Series, Part II; Insurance for Your Fine Art

In November, we began a this three part series and I’m skipping around just a bit to bring you part III regarding insurance. We’ll visit part II on Conservation and Framing next month. In asking yourself the question of whether or not to have your art appraised (November’s topic) you need to be aware of how (or even in if!) your artwork is insured. In November I introduced you to John McClosky owns Open Concepts. The following are John’s suggestions in helping you determine what artwork in your home is covered and how.

Look at your art
Take a look at the art in your home. Look again. Imagine it after a fire or other damage. A connoisseur may see it as fine art. To an owner it may be a source of enjoyment, decoration or an investment. However, your insurance company looks at your fine art as personal property. Now look once more at your art. Look at it not as images, but as your property. Is it covered in the event of fire, damage, or theft? Are you sure?

Look at your policy
Homeowner's policies cover several areas of liability and types of property. This article focuses on fine art. But the concepts apply equally to other personal property. On your insurance policy declaration page find Part I - Property and below it find category "C", labeled "Personal Property". Coverage for personal property is usually calculated as a fixed percentage based on the insured value of your home (the structure). There are also provisions and limitations regarding the amount that will be paid for certain types of personal property including: jewelry, decorative art, antiques, collectibles and fine art.

For example, if your home under category "A" shows coverage of up to $300,000, then Personal Property in category "C" might be $210,000. This covers furniture, appliances, clothing and other everyday items that can be replaced, repaired or restored relatively easily. Items, such as fine art, may only be protected up to $2500 or less. However, there is a way to improve your coverage; by scheduling those items.

Scheduling is insurance lingo. Simply put, it is a list, acknowledged by the insurer. It becomes an attachment (or rider) to your homeowner's policy. It identifies individual items of property as unique objects, each with a stated estimate of value. Most insurers require a current appraisal done by a professional appraiser for the intended use of scheduling for insurance coverage.

Other policies are available specifically for fine art. Contact your insurance agent, or a broker who deals in fine art insurance, for more information about what is available. An adequate appraisal, acceptable to the insurer, will still be required.
 
John McClosky, Open Concepts
Phone: (949) 369-7231
Fax: (949) 369-5631
   

News

Congratulations!
To all of our artists who are participating in our Third Annual Holiday Small Works Show. It will stay up for everyone’s enjoyment through January 21st.


*Attention Gallery Artists! If you have news to share or upcoming events, please email Laura at the gallery. We'll be glad to get it in the newsletter!