In today’s world, where individual paintings sell for tens of millions of dollars, the Scull sale total of $2.3 million for 50 works—or $12.7 million in 2019 dollars—would hardly be newsworthy. However, in 1973, it wasn’t a given that art could provide collectors with a sizable return, and certainly, not 100 times a work’s purchase … Continue reading The Auction that Changed the Contemporary Art Market: The Scull Sale of 1973
Fine art has exhibited strong risk-adjusted returns, while remaining relatively uncorrelated with other major asset classes. But if you have a limited amount to invest, say $10,000, what are your options? Below, we break down the possibilities to help our readers make an informed decision about investing in art and how Masterworks is changing the … Continue reading How to invest in art if your budget is $10,000 or less
Morgan Stanley launched the Blue Rider Group in 2015 to support its growing base of high-net-worth clients who collect art. The group’s aim is to integrate art, an increasingly popular asset class, into a holistic approach to wealth management. Fans of German Expressionism will instantly pick up on the nod to Der Blaue Reiter in … Continue reading Morgan Stanley’s Primer on Art as an Asset
Where and when Fall and spring are the most important seasons for the auction world. Though London hosts the first big sales of the season, it is usually the bidding in New York that garners attention from the press. Did you know? Auction house galleries are open to the public. Those who are in New … Continue reading November Auctions Are Poised to Make Headlines. Here’s What You Should Know.
In business, “blue chip” is used to describe the largest or oldest companies, especially industry leaders, whose value is universally accepted. Similarly, blue chip artworks are those which have been created by the most important and widely recognized artists, whose position in the auction market has been solidified by exceptional sales volumes over the course … Continue reading What Is “Blue Chip” Art and How Does It Stack up against the S&P 500?
A new ease of investment. Investing in financial markets has never been easier than it is today, and in the last ten years, a number of new companies have emerged that enable access to alternative asset classes by eliminating the two most challenging barriers to entry for the general population: high capital requirements and the … Continue reading Why Art Should Be in Every Investor’s Portfolio
The idea of “collecting” starts early for most people. I grew-up with art books, and was always fascinated by the art world. Growing up in rural Kansas City, the “art world” always felt like an “insiders game” where very few people had access. Back then, you would hear about museum-quality works selling for tens of … Continue reading How to Begin Collecting Art