How to make money on the art, without extra costs

[Vladimir]

The collection of curiosities information: http://style.rbc.ru/luxury/2012/02/2...html?from=look

How to make money on the art, without extra costs. I would like to add - 100%

 

If you think you have to invest in the arts need to be a billionaire, and for astronomical sums of money to buy paintings at auction Christie's, you're wrong. "Business Style" will share expert advice on how to properly and inexpensively capitalize on the beautiful.

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Such good advice given Ualdbaum Eric and Jeremy Rhodes of the New York firm to advise investors that invest in the trade in works of art. They recommend, in particular, access to professional funds investing in art.

In recent years these organizations have become popular. They operate on the principle of private equity funds. Some of them are trying to get exhibited in museums working to increase its value and then sell them for 5-8 years. What are advantages of this method? The relatively small fee in the form of works of art. After that you can not worry about such trifles as the insurance of your paintings or sculptures. However, not all funds are professionally managed, and before starting to cooperate, they must be good to check.



Another way - to join a private investment partnership, or organize your own. These partnerships - groups whose members pool their money to buy a piece of art, and thus rely on the advice of an experienced expert. Compared with the funds to invest in arts partnerships are smaller and more informal.

In such organizations, investors have more say in decision-making, in contrast to the funds. However, it is good to know people that go into such partnerships, and be sure that the group is knowledgeable expert, really versed in the art. Otherwise, you can waste your money buying a not very valuable painting.

You can also use your existing collection for the acquisition of more valuable products - lay the fact that you have. Loan secured by paintings or sculptures are a lot of banks. If you are lucky, you can make a bargain at the expense money from the loan. But keep in mind that any loan involves some risk, for example a high interest rate, which may be low, such as 4%, or very high - around 20%.

Another way - to make an irrevocable offer prices at auction. In this case, the bidder declares its readiness to pay for the lot a sum of money, usually less than the stated estimate. If someone offers a higher price for the auctioned item, the chances of having made an irrevocable offer people reduced and eventually may come to nothing. If no one wants to buy the desired item, you will become its owner and still save money.

If you are a collector with a small capital, then you should pay attention to the work of novice artists, budding. They are not prompted for a high price for his pictures, and if they later become famous, your purchase will bring you more profit. However, there is no guarantee that an artist from whom you bought the painting in the future will be the new Picasso or Pollock.

Another, somewhat similar, the board - purchase works of artists from developing countries. For example, paintings by artists from China, Brazil, Russia, Middle East and India. According to Rhodes, collectors buy works of the inhabitants of these countries, as well as counting on strong demand in the future for such creations.

If the paintings of promising countries did grow up in price, your waste will turn into high profit margins. In addition, this way you can diversify your collection. However, interest in such work may arise. So before you buy, consult with an expert.

Eric Ualdbaum advised to pay attention to art, which is more likely to bring you profit. This could be the creation of some impressionist, decent auction, or a work of modern art. Revenue from acquisitions vary depending on the genre and the artist himself. Over the past 25 years become profitable works of pop art and Russian art.

In keeping with this strategy, you increase your chances to make a profit: even seemingly insignificant work of the artist with a decent reputation over time, paid for itself. However, the 100 percent guarantee you will not find one, and the painting, which now promise a brighter financial future in a few years may not bring anything to the owner.

Novice collectors may also participate in the auction held in the province, on the activities of the regional auction houses. Buying it for little money works of art, you can continue to try to put them up for sale sharks auction business - Christie's, Sotheby's, etc. - and help out a lot of money. However, it is not easy: one can hardly go to the garage sale and find something worthy of trading elite auction house, said Ualdbaum.

investment in luxury, Christie `s