Add a little excitement to your portfolio: from works of art to cases of wine and classic cares, the alternative investment market can be rewarding in more ways than one
Article Abstract:
The alternative investment market includes art and antiques, wine and veteran, vintage and classic cars. There has been an improvement in the arts and antique business, according to a survey by the Association of Art and Antique Dealers. However buyers are generally more cautious and discerning. In wine investments it is important to get expert advice about vintage, storage, condition and transportation. Prices for veteran, vintage and classic cars are determined by style and appeal, nostalgia, performance and engineering excellence.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Arts and antiques
Article Abstract:
The market for antiques and works of art is undergoing a revival and this has been helped by successful sales at the top of the market. Sales of major collections have improved confidence throughout the market and have improved supply. The recession during the early 1990s was mainly caused by lack of supply. Investors should buy the best quality items they are able to. Art objects provide capital growth rather than income and are not short-term investments.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Pleasure should be the investor's main aim
Article Abstract:
Serious investors in art and antiques should purchase only items which they like at prices which they can afford. The main aim should be pleasure, not to make a large profit on the investment. Antiques and similar items have considerable potential as a capital appreciating asset, as their supply is limited. However, art offers only limited scope for income, and the costs of holding art can be high.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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