The first platform of its kind, purchases and then files artworks as public offerings so anyone can invest in them. But what happens to the actual paintings? “They're stored in a fine-art storage facility,” says its head of acquisitions. freak.ws/3sd9sVr
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An interesting investment idea, but I think will be a better alternative for those that like art as an investment AND as..... Art 🎨
#arties
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Why not open a gallery, display works on rotation, charge entry, and pay dividends to the shareholders if their art is on display? The dividends are a hedge against damage or theft. More desirable works will be on display more often and accrue more in dividends.
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You should check out salvageartinstitute.org and their study of works of art claimed as "total losses" on art insurance plans
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