Bibliograph

Art as an investment?, a survey of comparative assets, Melanie Gerlis

Type

Label

Art as an investment?, a survey of comparative assets, Melanie Gerlis

Language

eng

Bibliography note

Includes bibliographical references and index

Index

index present

Literary Form

non fiction

Main title

Art as an investment?

Nature of contents

bibliography

Oclc number

876357681

Responsibility statement

Melanie Gerlis

Sub title

a survey of comparative assets

Summary

Aimed at collectors and investors, this user-friendly guide explains art's value as an asset through comparisons with more familiar investments, including property, shares and gold. It draws on extensive research and interviews with key players in these other markets, as well as the author's own experience, to clarify the specifics of art as an asset class. This timely book considers the growing importance attributed to art as an investment, testing the validity of claims about art's capacity to generate returns that outweigh its risks. It offers jargon-free explanations of how the characteristics of blue-chip art can be seen to coincide with and diverge from the fundamental features of more established types of asset. Key issues addressed include the role of subjectivity in the perception of value; the failure of attempts to establish stock markets for art; the risks and shortcomings of art funds; banks' reluctance to lend against art; and the art world's distaste for selling and speculation. This thorough but accessible text from a respected art market professional is essential reading for art investors and prospective art investors --, Provided by Publisher

Table Of Contents

Introduction: risks and returns -- Art and stock markets -- Art and gold -- Art and wine -- Art and property -- Art and private equity -- Art and luxury goods

Creator