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Art as an Investment:
After property, Art is considered the most profitable avenue of investment by the “big boys”, that’s to say the fund managers and guardians of pensions! At this level, money is in plentiful supply and as long as it turns a profit all is well. Therefore, these people go to the top auctions houses like Sotheby’s and Christie’s and bid for paintings by artists of considerable reputation and stature. Something by one if the impressionists such as Cezanne or Van Gogh is going to set you back several million. The bank or investment fund will buy the painting, providing their bid is sufficient and then keep it in the boardroom or perhaps even send it out to exhibitions as this provides an advertising opportunity. After a few years have elapsed and the value of the work is felt to have increased it will then be sold on, yielding the owner a substantial profit. About the Author: www.investmentchoicemodel.com
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