Deutsche Börse collection and insurance

Foto

 

This is the spectacular view of Deutsche Börse Group (German Stock Exchange Group) lobby/exhibition space. Spectacular, not least because over the art works (and the chatting staff), there hovers realtime quotation information. 

The other point worth mentioning is, Deutsche Börse maintains a collection of contemporary photography, with a good percentage of which mounted in the building. They do not intend to sell them and state their value as that which they were bought in at. However, in order to eliminate damage costs the works are insured, which indicates that they are evaluated by the insurance company yearly and insured against this (we could imagine, well incrementally increasing) value.

Insurance, in this case, is a fully technical apparatus, yet mirrors exactly the dynamics of value of art. 

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