
Art as an Investment
Art has been bought for aesthetic reasons for millenia. However, the "art" of buying art for investment reasons has
blossomed in the past few years as a flood of cash among wealthy buyers has hit the market. From hedge fund managers in New York to oil
moguls from Russia, new millionares and billionares are bringing to the market expectations of competitive returns.
Some factors that affect the value of art are clearly the level of the artist and the quality of the individual piece of
work. A piece will typically be worth more if it reflects that artist's main style.
In addition, different styles of art will go in and out of favor over time, dramatically affecting their value. With the
current popularity of art, investors are having to look further afield for bargains.
Art Loans
To finance new purchases, provide liquidity, or delay capital gains taxes, companies such as Fine Art Capital can provide loans on art.
Investing with a Wealth Manager / Art Expert: Click on the ClaroConnect banner to find a financial advisor
|