Angle down icon An icon in the shape of an angle pointing down. Russian Billionaire Andrei Menichenko’s super yacht. Enrico Spanu/REDA&CO/Universal Images Group via Getty Images Demand for luxury art has been “insane” over the past decade, an art adviser told Insider. For some wealthy collectors, art can be a valuable investment as a recession
Today, you no longer have to be an accredited investor or a billionaire to invest in fine art. The popularity of fractional ownership has boomed in recent years as more and more retail investors are looking to diversify their holdings and break into markets previously reserved for the wealthiest investors. Alternative investments ranging from NFTs
Whether you’re a fan of Banksy’s street art style or prefer the vivid colors of impressionists like Monet, there’s no doubt that art can be a great investment, and it’s growing in popularity. According to the 2022 Global Art Market Report from Art Basel and USB, the global art market reached $65.1 billion in aggregate
There was once a belief that only a certain type of individual had the knowledge, skill, and interest required to successfully invest in artworks. For too long, this stereotype limited access to the art world only to those of a certain class, education level, and economic status. Thankfully, this notion has diminished in recent years,
Mintus, the new online, art investment platform offers a new way to buy shares and invest in exceptional contemporary art opening up the annual $65bn art market The first artworks available are iconic paintings by Andy Warhol and George Condo, with more pieces by established and emerging artists to follow Discover more: www.mintus.com LONDON, April
In 2020, the Brooklyn-based art collective MSCHF bought a Damien Hirst print for $30,000 and cut out each of its 88 spots, selling them for $480 apiece. It then auctioned off the leftover paper, retitled “88 Holes,” for more than $260,000. While cutting up and selling pieces of works of art remains the stuff of
Whether you like Mark Rothko’s large abstract paintings or not, there’s no doubt that they’re valuable. In 2012, a Rothko canvas fetched a record $87 million at auction. More recently, a collection featuring other American abstract expressionists, including one piece by Willem de Kooning and one by Jackson Pollock, set new records. The collection sold
and putting up a painting on the wall getty As inflation increases, some advisors see a silver lining in art as an alternative investment that is unaffected by the financial markets. As with many alternative investments, there are Private Equity Funds that are developing in the art market, such as Masterworks. Others are picking potential
From major art fund managers to alternative investment platforms, there are more ways to invest in art than ever before. These are some of the best art investment fund, whether or not you’re an accredited investor—there’s a way to invest in art that works for everyone. Artemundi Artmeundi is one of the best-performing international art
To determine whether blue chip art is a good investment we must look at the big picture. This means understanding the downsides of art as an investment before praising its benefits. First, the art market is largely unregulated, and the investment risks are similar to commodities in that they’re purely speculative. Secondly, making quick profits