The world's first stock exchange of works of art

[Konstantin]

In Paris, will be the world's first stock exchange, trading in shares of works of art

Unique Stock Exchange, trading in shares of works of art, opens in Paris during the week, reports The Art Newspaper.
Created on the model of traditional stock exchanges, market Art Exchange will allow collectors to purchase shares of various works that are stored in museums around the world. According to the newspaper, stock prices of paintings, sculptures and photographs will be from € 10 to € 100. Currently, galleries and museums have entered into a contract with the exchange, have an art collection, valued at € 100,000.
"We offer a completely new service, and therefore we must do everything possible to gain the confidence of investors", - said one of the organizers of the project. Under the agreement, the exchange has to sell up to 20%of the product for a period of three to six months. In the case where market sells less than a specified amount of shares, the work remains in the possession of the museum. If a collector buys 80 percent stake, it is proposed to complete the purchase and pick up the exhibit home. "
According to the newspaper, now has about Exchange toe and partners in Paris in the near future guide trading platform intends to enter into agreements with museums in the U.S., UK and China.

A lot of questions to it. Who thinks that? Viable venture?

[Dogel]

This idea has long been ripe in the A & F Markets namely Pierre Naken moves the topic - well done it ....

The fact that legislation in many countries are not ready for this ...

The idea is good, and we in the Russian Federation "will be - but through??
20 years .....

[Konstantin]

Hurrah, you understand the essence of the idea.

I'm not very.

When buying shares you can earn in two ways:

1.
Company successful and pays dividends

Painting will not pay dividends

2.
Resale (speculation) on the basis of market news.

This is for me quite a fog, why should begin reselling shares of a picture?

[artcol]

Сообщение от Konstantin

Hurrah, you understand the essence of the idea.

I think you Konstatin this database VERY is interesting.

[K-Maler]

Сообщение от Konstantin; 1437091"

buying shares you can earn in two ways:
1. Company successful and pays dividends
Painting will not pay dividends
2. Resale (speculation) on the basis of market news.
This is for me quite a fog, why should begin the resale of shares
picture?

Looked through Google, slowly get out of a whole grain: it turns out that the pictures created a new kind of currency. This action - for rich people, for those who want to save big money, may be state of inflation or the like Even well thought out: a picture can hang in a museum, it is - for all, in the case of force majeure is possible to get money ... But with the regular receipt of dividends - just mist "... Ie Those who buy shares for 10 euros, and when they receive?

[Прохожий]

I agree with the opinion about the "financial bubble". What is something absolutely Ostap Bender's organization. However, a lot of strange people, and someone, perhaps, want to buy a piece of expensive paintings. In foreign sources write that offered a very expensive operation, costing from several hundred thousand euros. Of course, it is not clear, as will be determined by the dynamics of prices, but I suppose the organizers of any stock exchange come up with some its indices.
On the other hand, this forum is to share, fully support the idea of investment in art, so that the Parisian dealers clearly associates hosts AI.

[fross]

For some reason when I heard the announcement of this novshevstva on the radio seems to understand something. Revenue shareholder can only get from the resale of shares of ownership pattern, it is assumed that on how successful the work will have critics and the public at a demonstration in the museum and will grow in popularity and, accordingly, there will be more willing to get her into private property, and therefore will grow and price. Managed to collect 80%shall have the right to purchase the remaining 20%, and takes the job. "I wonder how, after the organizers of this expected scenario would look like an auction sale of the redeemed in installments? Or they will sell at auction and the share of ownership?

[NATA NOVA]

Сообщение от fross

will sell at auction and the percentage of ownership

Estesstvenno! And (predstavlyaete. some room for " creative "
?)

[K-Maler]

Сообщение от fross

assumed that the matter how successful will be the work of critics and the public at a demonstration in the museum and will grow in popularity and, accordingly, there will be more willing to get her into private property, and therefore will grow and the price.

Ie, a fractional ownership at all times be required to untwist, investing in it more and more money. This property is very different from home ownership, for example, which is always liquidity. A new picture, for example, the directions - not always.

[K-Maler]

Сообщение от Konstantin; 1437091"

buying shares you can earn in two ways:
1. Company successful and pays dividends
Painting will not pay dividends
2. Resale (speculation) on the basis of market news.
This is for me quite a fog, why should begin the resale of shares
picture?

Looked through Google, slowly get out of a whole grain: it turns out that the pictures created a new kind of currency. This action - for rich people, for those who want to save big money, may be state of inflation or the like Even well thought out: a picture can hang in a museum, it is - for all, in the case of force majeure is possible to get money ... But with the regular receipt of dividends - just mist "... Ie Those who buy shares for 10 euros, and when they receive?