John Jones in The Wall Street Journal
08 March 2018
"How London's buying consultants, framers and lighting specialists find and display clients' masterpieces"
Featured in 'Mansion', WSJ's property section, this article explores the entourage of advisors behind every great collector. The section below is part of Matthew's interview:
Once purchased, buyers typically turn to custom framers. Matt Jones, chairman of John Jones, says a simple wood frame can be completed in around three weeks at an average cost of $700. More elaborate or gilded frames or metal frames can cost up to $24,000. Mr Jones is currently advising an Asian collector on the framing of a Robert Mapplethorpe photograph purchased at Christie's Auction House last month. Although confidentiality is key in the art world, the piece Mr Jones is likely referring to is a self-portrait of the artist from 1988 which sold for almost $600,000.
Mr Jones jokes that his workshops are currently "a bit of a Banksy hospital". He's referring to the smart buyers who picked up prints, in basic frames, by the anonymous graffiti artist for just over $100 and that are now worth $18,000 to $26,000.
The article also includes interviews with Harry Triggs of TM Lighting as well as galleries Luxembourg & Dayan and Thaddaeus Ropac.