Last week, Art Group Holdings Limited (HKG:565) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 13% last week, resulting in a HK$108m increase in the company’s market worth, implying a 11% gain on their initial purchase. Put another way, the original HK$63.1m acquisition is now worth
Masterworks is a platform that allows you to buy and sell fractional shares of artwork. You’ve probably seen the headlines of some fine artwork selling at auction fro $100 million or more? Or what about the story of some guy finding a painting at a garage sale and it ended up being worth millions? You
Masterworks is a fintech platform for buying and trading shares in multimillion dollar works of art by artists such as Banksy, Basquiat, Picasso, and more. The platform sells fractional shares of physical art, not nonfungible tokens. Launched in 2017, Masterworks makes it relatively effortless to invest in fine art by handling the entire process of
One hundred heads in the room at Christie’s auction house turn to a woman with red hair. She has just flung her arm out to stop the auctioneer, who was seconds away from selling a drawing by Rembrandt van Rijn for £40,000. There are gasps and murmurs from the crowd. The auctioneer leans over the
The enchanting world of art has always possessed a unique charm, evolving beyond its intrinsic beauty into a sought-after avenue for investment. Owning a valuable masterpiece that not only graces your walls but also holds the potential to appreciate over time is undeniably appealing. In this exploration, we delve into the world of art as
What’s the first thing that comes to your mind when you think about art as an investment? If you’re like most retail investors, you think of it as an ultra-expensive asset reserved for people with piles of liquid cash. That’s understandable, considering that the art market has traditionally been extremely hard to get into. Blue-chip
What Is a Collectible? A collectible refers to an item worth far more than it was initially sold for because of its rarity and/or popularity. The price for a particular collectible usually depends on how many of the same items are available and its overall condition. Common categories of collectibles include antiques, toys, coins, comic
Valio has committed over €10 million to establish a cutting-edge pre-processing facility at its production plant in Suonenjoki, Finland. Commencing construction this month, the expansion project will augment the pre-processing area by several hundred square meters and introduce a new melting system. This innovative system is designed to enhance the handling of frozen raw materials
By Nic DeAngelo, CEO at Saint Investment Group, an award-winning real estate investment platform. Starting and scaling a business in the competitive realm of real estate investment is a challenge that requires more than just industry knowledge. It demands robust leadership skills, strategic foresight and an intricate understanding of market dynamics. As someone who has navigated the complexities of founding a
Non-fungible tokens (NFTs) burst into the mainstream in 2021, primarily associated with digital art. However, the NFT ecosystem has since evolved, expanding its horizons beyond art into diverse domains like music, gaming, virtual real estate, collectibles, and more. As 2023 ends, the NFT investment landscape has transformed, offering new opportunities and exciting prospects for both