Mary Leigh Cherry’s Post

Did you know that art is considered an asset class for investing? 🖼️   Check out this recent article from the Financial Times on the subject.   Here are some interesting facts:   1️⃣ “Three-quarters of wealth managers now offer art services, compared with a quarter in 2011”. 2️⃣ “Financial motives were cited as the second-biggest reason for buying art, topped only by “personal pleasure and identity”.   3️⃣ "The Artnet fine art index only delivered a 2.5 per cent compound annual growth rate between 2008 and 2023. That is lower than for the S&P 500, real estate and gold (8.5 per cent, 3.8 per cent and 4.9 per cent respectively).”   Link to article: https://lnkd.in/eybyKG_G   Who's your favourite artist? Comment below! 👇   #markets #investing #economy #money #stockmarket   👍 Like 💬 Comment 💌 Share 🔔 Subscribe to my profile

Did you know that just over 1% of artists command more than three-quarters of art auction sales? It's a startling reflection of inequality, but also a call to action for each of us. Our latest dive explores not just the depth of this imbalance but ignites a conversation on how technology, active communities, and innovative support for artists can turn the tide. Imagine a world where art's value is as diverse as its creators and where every artist has the platform they deserve. This isn't just an article—it's a blueprint for revolutionizing the art market. From leveraging cutting-edge tech to empowering underrepresented voices, we outline actionable steps towards a more inclusive and vibrant art ecosystem. Be a part of this essential shift. Your voice, your actions, can help reshape an industry and bring art back to its democratic roots. 👉 Dive into the full story and see how you can contribute to a brighter, fairer art world. https://lnkd.in/eDrUKDuc #arttech #NFT #art #artcollectors

📌 WHAT ARE THE FINANCIAL ASPECTS TO KEEP IN MIND WHEN BUYING A WORK OF ART ? When investing in art, it is normal to have some anxiety because financial 'investment in art collecting is characterized by its uncertain and speculative nature. Collectors invest in artworks with the hope that their value will increase over time, but several factors can influence this outcome: - demand, -the rarefaction of the work, -the reputation of the artist -current trends. How can one defend oneself? 1. a diversified approach in art collecting, including works from different periods, styles, and artists, so as to mitigate the risks associated with changing tastes and economic cycles; 2. a long-term view is usually recommended in art collecting, given the long-term nature of value appreciations. 3. expert advice. Did you know ? #artbanking #artinvestment #artmarket

“Decoding Art Indices” navigates challenges in the unique world of infrequent sales and individualized artworks. 🎨 The text introduces four key art indices—Artprice100, Artnet, Sotheby’s Mei Moses, and MAB100 (MyArtBroker)—shedding light on their methodologies. 📈 This guide aims to empower financiers, collectors, and investors with insights into the art market's intricacies. #ArtInvestment #ArtMarket

Investing Is An Art If this is your first buy, study the artist of interest, understand the value and provenance of the work you are interested in. Finally, enlist the help of a good art advisor to help you navigate your way through the art market. The Knight Frank Wealth Report 2023 found that 59 per cent of ultra-high net worth individuals (UHNWI) globally will likely invest in art in 2023. #artmarket #investinart #modernart #contemporaryart

Are you looking for a unique way to diversify your investment portfolio? Maybe consider looking at the world of art! Art has not only been a form of expression for centuries, but it also has the ability to be a significant investment asset. According to a 2019 report by Art Basel and UBS, the global art market generated a whopping $67.4 billion in sales in 2018 alone. So, it's no surprise that more and more people are including art in their investment portfolios. "Okay, that's great and all, but where do I start?" Our team at RBC can introduce you to an art collector aligned with our RBC Echelon private wealth management services. If you need more inspiration, check out the article below to see what top collectors bought in 2023.

Rise of the New Generation Art Collectors! Insights from the Art Collector report reveal that a new wave of art enthusiasts is making their mark! Key Highlights: -> New Generation of Collectors: Half of those surveyed began their collections within the last 5 years, with 40% spending over €10,000 annually on art! -> Top Collector Geographies: USA, UK, Japan, Netherlands, Canada, France, Germany, Hong Kong, South Korea, Taiwan. -> Age Range: 18 - 39 years old. -> Nearly a quarter of collectors from the top 10 countries have been collecting for just 2 years or less. -> Spending Habits: 4 in 10 new-gen collectors spend more than €10k a year on art. Why They Collect: To decorate their homes  As a hobby  To support artists and institutions  To express themselves  As a financial investment  To make a statement  As a status symbol Though a smaller portion of collectors purchase art as an investment, the figure grows every year. This rise may be attributable to art’s prominence as a stable alternative asset class in times of economic volatility. Want to learn more about collecting and investing in art? Join WomArtInvest membership (https://lnkd.in/e6sMx_Uk) #ArtCollecting #ArtInvestment #NewGenerationCollectors #WomArtInvest #ArtEducation #WomenInArt 

𝗪𝗼𝘂𝗹𝗱 𝗬𝗼𝘂 𝗟𝗶𝗸𝗲 𝗦𝗼𝗺𝗲 #𝗕𝗮𝗻𝗸𝘀𝘆? 🎨 Imagine owning a piece of a Banksy masterpiece. Sounds cool, but extremely expensive, right? Not anymore, thanks to tokenization! The Challenge with Banksy Artworks: Banksy's street art isn't just stunning; it’s a piece of cultural heritage, and you can't just buy a part of the wall without facing legal and logistical hurdles, or you need to buy a whole building for that! But, tokenization is where the value of a Banksy artwork is converted into digital tokens! This approach offers many benefits: Fractional Ownership: Instead of one person owning a whole piece, multiple people can own shares of the artwork, making it financially accessible and making the idea of "shared input" much easier for charity cases and other possible iterations. Protection Against Vandalism: Once tokenized, the artwork's economic value is preserved in digital form, even if the physical piece is damaged or destroyed, and such cases can push the price higher. It happened with a destroyed art piece at the #Sotheby's auction that became an art object with even higher value. Cultural Preservation: This method allows art lovers to participate in preserving and holding a stake in cultural artifacts without physically moving the artwork and spending a fortune for that! Tokenization gives access to high-value art, allowing more people to invest in and preserve pieces of our cultural landscape. With just a small investment, you can own a fraction of a Banksy, potentially earning returns as the value of his art continues to soar. Would you invest in a piece of Banksy? Imagine saying you own a share of “Girl with Balloon” or “There Is Always Hope.” With the tokenization of #Arkefi, this is not just a dream, but a reality!

Art investment ranks among the top three most profitable investment sectors globally, alongside finance and real estate. It's seen as a medium to long-term investment due to the liquidity and scarcity of excellent artworks, which often represent the pinnacle of an artist's creative journey. As socio-economic conditions improve and demand grows, the value of art is expected to surpass that of financial and real estate investments. Also the art market is experiencing a significant shift towards digitalization, particularly evident in the surge of online sales post-COVID-19. Digital platforms, online auctions, and virtual galleries are broadening access to art globally and giving rise to new art forms like digital art and NFTs. There's also a growing interest in emerging artists, with collectors and investors seeking original works for potential profit, thus fostering support for contemporary art and diversity within the artistic community 💻🎨🏆 #art_investments #subjektiv #artistic_community #arttrends

Best deals happen out of nowhere...let chance play in your favor sometimes...the odds are on your side if you know what you are looking for. Here a rare portrait drawn by a student of Albert Pfister, of the expressionist master himself. An art dealer friend of mine had invited me for months to visit his art gallery and I couldn't find the time to go to Zug. Finally I made it and got more than what I bargained for. I had actually bought an abstract seascape by Charles Edouard Martins and in addition added a really cool canvas that I didn't expect to find in a lifetime....There is a lot yet to be said about Albert Pfister (last major exhibit in the foyer of Kunsthaus Zurich 1977) and his pupils such as Karl Landolt and much lesser known artists. The trashfunding concept is plain and simple. Turn excess free cash flow generated from disposal of society's trash into an art collection of lesser understood, orphaned artists. I always liked the concept of orphaned stocks generating superior risk adjusted returns. They do. With orphaned artists I hate the notion that there should be a reward or return. Collect art to safeguard the legacy of important contemporaries. Period. Sometimes an angel investor has to step in when other sources of liquidity dry up. The journey to rediscover an artist through his/her works is all that matters, and ingratiating enough. Let my daughter figure out how to take the art collection to the next level. She will. And well advised so by all those friendly art dealers who contributed to it in the first place. Turn art dealers into friends, one deal at a time. If I start buying art from unfriendly or sneaky people, what's the fun? A weasel is still a weasel. No matter how it's dressed. Given my experience with many art dealers and collectors I started to rate some of them based on the basis of customary parameters of likeability, trustworthiness, ability to honor contracts, past incidence of counterparty rip-off, involvement in art forgeries, timeliness to close proposed transactions etc. Generally the findings are available to credentialed institutional art collectors, art angel investors and families of artists wishing to understand the art market through a proprietary credit rating matrix. As with any credit rating system, the index score is numerical and proprietary, fed by objective member input and subject to change and review. #albertpfister, #kunstmuseumrheintal, #artweaselindex