Valued at more than $6T and expected to reach $7T in the next half-decade — 375% greater than every cryptocurrency combined – the art industry has long paid large returns on investments, attracting some of the most deep-pocketed of business moguls like Jeff Bezos and Jay-Z. And while investing in blue-chip art has previously been reserved for a very elite and affluent few, the other 99% of society is now being given the opportunity to reap the benefits and enjoy the profits from fine art purchases through Masterworks.
Similar to investing in a publically traded company, Masterworks allows individuals to purchase a small piece — or share — of a valuable artwork by purchasing paintings and then securitizing them. This includes works— ranging in value from $1M to $20M — from legendary artists such as Rembrandt, Van Gogh, Basquiat, Keith Haring, KAWS, Andy Warhol, and Banksy — the latter of whom just yielded investors on Masterworks a 32% profit on a piece recently sold by the company. Already boasting more than $200M in assets from more than 60 paintings, Masterworks also has a leading research team that studies the market and personally collaborates with outfits like Citi Bank and Bank of America. What’s more, Masterworks creates bespoke art portfolios for each individual investor, and even allows customers to invest using their existing IRA. Interested parties can get more information and specifics on pricing and numbers via the link below, though the company’s membership team is also currently giving HiC readers priority access with fast-tracked accounts.
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