Skip navigation

How to Help Clients With Sizable Collections

Determining the value of items is key.

Collecting fine art is a methodical personal tribute to a particular artist, an idea or a whimsy and can be a major part of a client’s life pursuits. Collections, however, can be pricey. Deloitte estimates that 400,000 collectors in the top wealth segments hold $1.6 trillion in art assets in private collections.1 According to the Internal Revenue Service, “collectibles” include works of art, rugs, antiques, any metal or gem (with exceptions), any stamp or coin (with exceptions),


Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).

If you are interested in unlimited article access for one year, please select Annual Subscription below.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.