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Art as an investment
I have heard about efforts to index the art market for old masters ... and create financial instruments for portfolio diversifying ... the huge problem is the high transaction cost and not a very liquid instrument to trade transparently ... too many fakes to worry about, too ... A posibility in this context, create a portfolio of Modern and Contemporary prints, multiples, posters, lithographs, etc. ...
Also see:
- "Art Investment Companies Begin to Make Purchases," by Daniel Grant in Maine Antique Digest (March, 2005)
- "Collectible art is among alternatives to traditional financial instruments," by Tom Walker, The Atlanta Journal-Constitution, February 3, 2005
- "Art of Art Investment!" on GreekShares.com
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