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?