Driving this shift is “a new group of collectors who are extraordinarily wealthy, used to doing business in a certain way, ...
Art investment refers to the buying and selling of artworks as a means of investing capital. It is a form of alternative investment that offers potential for high returns, diversification of ...
The global art market totals nearly $70 billion, with returns in recent decades that outpace bonds, according to some estimates. That growth has spawned new investors looking to make some money in ...
A picture is worth a thousand words, as the saying goes — and for appraisers Richard-Raymond Alasko and Jake Fish. Those very words and even the story surrounding a work are key tools used to ...
To many families and individuals, donating high value artwork to an art-related charitable organization, such as a museum, is a worthwhile legacy strategy as it can offer meaningful philanthropic ...
Earlier this month, the Treasury released a study in which it examined how transactions in “high-value art” may facilitate the laundering of illicit proceeds.[i] The study also considered efforts that ...