5 Ways to Invest in Art and Collectables
Fine Art

5 Ways to Invest in Art and Collectables

5 Ways to Invest in Art and Collectables

“The golden word of successful art investing, whether small or large, is relationships,” one financial advisor says. The world of Wall Street, so expert at turning logic on its head, even boasts the capability of inverting the age-old question, “But is it art?” This is because viewed through the lens of the skeptical investor , the query becomes: “But is art it?” In some cases, it’s nothing but a sinking proposition. “Please stop purchasing art in cruise ship galleries as investments,” says Maggie Lopez, a fine art consultant and appraiser with Zeitgeist ARTifacts in Atlanta. “You can’t do any meaningful research while on board and on vacation – and honeymoon mentality hinders sensible decision-making.” If it helps, imagine Jack Jones singing, “The Love Boat soon will be making another run … for your wallet.” Of course, promising prospects fill the investment landscape – even if art-based investments such as photographs and vintage musical instruments don’t slot into portfolios in traditional ways. But for many, the question boils down to the joy of collecting and savoring the item in question. That is: A framed stock certificate can’t hold a candle to framed fine art (the non-cruise ship kind). And you […]

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