Vasari Art Codex

trending_up market schedule Jun 9, 2025 source 2 sources visibility 1 link 1 artist

art market minute jun 9 2653576

The article reports on a new European Union regulation, Regulation 2019/880, set to take effect on June 28, which will impose stricter import requirements on antiquities and artworks over 200 years old and valued above €18,000. Importers must now prove that such objects were legally exported from their country of origin, even if the export occurred decades ago. This comes amid ongoing tariff confusion in the U.S., adding another layer of complexity for the international art trade. The article also teases a rediscovered J.M.W. Turner painting bought for $500 that could sell for $500,000, and highlights upcoming art hot spots for summer.

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article policy schedule Jun 26, 2025 visibility 4 link 1 gallery

new european union law antiquities trafficking june 28 1234746250

A new European Union law, Regulation 2019/880, aimed at preventing the sale of looted antiquities, is set to go into effect on June 28. The law imposes heightened due diligence requirements on anyone importing cultural goods from outside the EU, including fine arts, antiquities, and decorative arts. It categorizes cultural goods into three groups, with the strictest rules for archaeological items over 250 years old, which require an import license and proof of legal export. Non-compliance could lead to seizures or criminal consequences for art dealers, collectors, and professionals. While there is a partial exemption for temporary exhibitions, it primarily benefits museums outside the EU, leaving private collectors without the same protections.

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article policy schedule Jun 9, 2025 visibility 3 link 1 artist, 3 galleries

eu import regulations 2653480

The European Union's Regulation 2019/880, aimed at combating illicit trafficking and terrorism, will take effect on June 28, imposing stricter import controls on antiquities and artworks over 200 years old and valued above €18,000 ($19,500). The regulation requires importers to provide evidence that an object was lawfully exported from its country of origin, even for items exported decades ago when such documentation was not required. This reverses the presumption of innocence, placing the burden of proof on importers. Dealers and experts express concern that the rules are not based on market realities, as importers must be registered within the E.U., forcing non-E.U. dealers to rely on third-party agents or shippers. The regulation also poses challenges for ancient objects, where borders and export controls may be historically ambiguous.

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