Art is a very popular form of traditional investment diversification, driven heavily by massive successes in the secondary market auctions, which have attracted increased interest. This positive market performance has prompted everyday investors to explore the art market with the same due diligence and rationale that they would apply to any investment decision. Humbaba is able to provide additional information which enables clients to feel confident that when purchasing works for their portfolio they have been advised from a sound knowledge base which also takes into account their personal preferences and taste.

Advisory services are available to clients wishing to buy at auction or to broker, negotiate, advise and transact purchases from other sources.
Fees are always pre-negotiated but some standard fees are outlined below: Advisory fees for auction:

• • 10% of hammer price on works under $20,000
• • 5% of the hammer price $20,000 and over
• • 3% on works over $100,000
• • $500,000 and up to be negotiated

There is a flat advisory fee in the event a client does not succeed in purchasing. This is a pre-negotiated fee and can range from $250 to $1,500 depending on travel time to the auction, research and amount of works seriously looked into and bid on. Advisory services include consulting on the quality of the work, condition, framing advice, market analysis on price and values. The gallery will execute the purchase or bid process and oversee delivery, framing, restoration and any other services the work may require