August 19, 2024
Art Investment

Masterworks investing review | AP Buyline Personal Finance

In a nutshell Masterworks is an online fine art marketplace, where you can buy and sell shares in some of the top contemporary art pieces in the world. Fine art is an asset class once available only to the very wealthy. But Masterworks now makes it available to ordinary investors to hold in their portfolios.

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Art Investment

Derry business wins multi-million contract following investment in state-of-the-art equipment

Derry-based professional clothing company Hunter Apparel Solutions has won a £3.5million contract with the Dublin Fire Brigade. The contract follows a £1million investment in new machinery by Hunter which is enabling it to offer a revolutionary PPE decontamination service. Located in Springtown Industrial Estate, Hunter Apparel Solutions employs 53 staff. It was founded in 1936

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Art Investment

Should you invest in art collectables?

We collect art for all sorts of reasons – and seemingly for no reason at all. There was no reasonable justification for me spending my entire first month’s modest teaching salary on a painting by an unknown Serbian artist, but I’m glad I did. Not because it’s gone up in value, but because I love

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Art Investment

Italy clamps down on company guaranteeing art investment returns

A growing number of galleries around the world are offering art as an investment, but legal bodies have been slow to act in an area that is still being played out among buyers and sellers—until now. Last month, the public authority responsible for regulating the Italian financial markets suspended an offer by an Italian company

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Art Investment

‘Investment galleries’ that pitch art as a safe haven gain ground in the UK

“Invest in one of the best performing asset classes of the decade.” “Invest like billionaires.” “Six reasons to invest in blue-chip art.” “The art market is booming. The time to invest is now.” So read the straplines of just some of the targeted advertisements currently filling potential collectors’ and, perhaps more accurately, investors’ inboxes and

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Art Investment

Capital Gains Taxes Are Hurting The Fine Art Market, But Not The Way You Think

This year’s New York art auctions disappointed. The $1.4 billion in spring sales were 22 percent lower than 2023, and off 36 percent from 2022, according to the industry publication Ocula. There is plenty of speculation about why, but one reason may be capital gains taxes.   Under current law, the long-term federal capital gains

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Art Investment

11 Passive Income Ideas for 2024

Your job isn’t the only way you can make money. The cash stream from sources of passive income requires some upfront work, but once established, takes little to no time to maintain. While it can take some time to see the fruits of your labor pay off with passive income, earning money without regular work

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Art Investment

Best Place to Make an Art Investment of the ‘I Knew Them Before They Were Famous’ Variety | Bohemian

University Art Gallery, Sonoma State University, Rohnert Park Let’s be frank: We’ve all wondered if that garage sale splatter fest we purchased for $5 is actually a Jackson Pollock or if the anti-consumerist slogan silkscreened in bold letters across that halftone photo on your wall isn’t perhaps Barbara Kruger. Pro tip: You can ditch all

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Art Investment

Indian art market booms: Sales by top 50 artists touch Rs 301 crore this yr | Personal Finance

The Indian art market is experiencing a boom, according to the 2024 Hurun India Art List. Sales by the top 50 artists reached a record-breaking Rs 301 crore, a 19% increase from 2023.  Demand is high, with 92% of featured artists seeing a rise in sales value.  This growth is fueled by India’s economic strength

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Art Investment

Bill Gates Art and Artifacts Investments Valued At Over $127 Million

Bill Gates Art and Artifacts Investments Valued At Over $127 Million As the reigning titleholder of Forbes’ wealthiest individual for nearly two decades, Bill Gates has utilized his abundant resources to amass a renowned collection of esteemed art and artifacts valued at approximately $127 million. Winslow Homer’s masterpiece “Lost on the Grand Banks” is among

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