December 8, 2011 1:33 PM
AXA ART announced that Armstrong Fine Art Services was awarded the coveted artprotect™ certification. This certification rates a storage facility's ability to properly store and protect fine art and collectibles from damage, theft, and destruction.
In 2004, a fire in an art storage facility in Leyton (east London) destroyed all of the stored artwork for an estimated $100 million damage done. Work that was lost in the fire included pieces by Damien Hirst, Helen Chadwick, Patrick Heron, Gary Hume, Martin Maloney, and Sarah Lucas. Not only was the financial loss devastating, but the loss of cultural history was very significant. [More]