Tag: investment

How to Invest in Wine: Tips and Examples

How to Invest in Wine: Tips and Examples

Interest in wine investment has gradually increased along with the number of new wine connoisseurs and collectors –including the young and rich millennials. Moreover, the activity in wine investment has globalized, extending its focus to new emerging markets, most notably China. The fine wine auction market is now quite established […]

Andy Warhol, 20 Pink Mao's. Synthetic polymer and silkscreen ink on canvas, 99.7 x 96.8 cm, 1979. Price est.: £4,000,000 - 6,000,000 Sold for: £4,741,000 at Phillips.

How to Value Art: A Simple Explanation

The art market is an economic model with more variants than just supply and demand. In this hybrid prediction market, numerous different cultural parameters, people, and institutions determine an artwork’s price. Like money, art has a very small intrinsic value. Human stipulation and declaration create and sustain its commercial value. Understanding […]