In an October article, James Tarmy comes to the conclusion on investing in fine art that many have before his analysis: Whatever the ultimate price, the work of fine art adds value simply because one can enjoy it. Beyond that, the Bloomberg journalist has correctly shown how purchasing a work in a specific point of time can beat or lag traditional investor indexes.
Source: Does Monet Beat the Dow? How Artworks Perform as an Investment – Bloomberg
Founder, Editor and contributing writer, Mr. Mason Hayutin is recognized for his depth of experience and knowledge in technology, energy economics, real estate and the arts (fine and visual). Having worked with recognized world-class artists and their estates since 1997, Mason brings a wealth of practical experiences from installations, marketing, and private sales. An active business advocate, he successfully released the fine art documentary film LUBIE LOVE in 2009 ahead of the global auto crisis - in addition to maintaining his tenure at GALLERY M INC. Hayutin holds a degree in Economics from Washington University in St. Louis. He is the founder of MASONmodern, a boutique real estate firm based in Denver, CO. You can read his insight here at The Art Quarterly as well as in regional and national publications.