The Provenance Gap: Why Incomplete Ownership Histories Are Quietly Eroding Collection Value
8 min read
The 61st Venice Biennale has dropped the polite fiction of being above the market. With Christie's running an invitation-only selling exhibition, Italy's 5% VAT rate sweetening deals, and the May New York sales weeks away, collectors have never been busier in Venice.

Incomplete provenance is no longer a background concern — it is an active liability. As due diligence standards harden across the market, collections with gaps in their ownership histories are facing real financial consequences.


























































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