Art as Investment bridges the gap between finance and aesthetics, exploring fine art as a tangible asset for financial growth. The book highlights how factors like market trends and artist reputation influence art's investment potential. It also reveals the complexities of building an art portfolio, crucial for diversification and informed appreciation. A key insight is understanding how connoisseurship and authentication play a critical role in determining an artwork’s true value, especially in the context of provenance research. The book takes a data-driven approach, demystifying art investment by providing tools to assess risk and estimate returns. It begins with the art market's history and applies modern portfolio theory to art investment. Structured in three sections, the book covers art valuation, practical portfolio building, and legal and financial considerations like taxation and estate planning. Through case studies and real-world examples, readers gain practical guidance on navigating the art market.
