Remove 2022 Remove Liquidation Remove Provenance
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Strategic or speculative? Once again, art investment funds are on the rise

The Art Newspaper

Philip Hoffman, the chief executive of the Fine Art Group art fund Courtesy the Fine Art Group; Photo: Nick Smith Photography Liquidity is an omnipresent issue for the art trade, hence Hoffman tells clients to expect around a seven-year investment term. But what about the mistakes?” Hoffman says.

Fine Art 276
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Types of Chinese Art: A Guide to Valuing & Collecting Chinese Art

Invaluable

In our experience, items with the most provenance are most sought after.” Sold for $22,000 USD via Oakridge Auction Gallery (March 2022). Sold for $6,000,000 HKD via Poly Auction Hong Kong (July 2022). Sold for $1,300 USD via Rapid Estate Liquidators and Auction Gallery (July 2018).

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Australian Black Opals: Making Waves with Collectors

Invaluable

Sold for $85,000 HKD via Bonhams (November 2022). Found in the Welo and Mezezo regions and seen more as short-term collectibles due to their porous nature, the hydrophane-based stones can absorb liquids, which can potentially cause permanent damage and discolouration. Sold for $241,300 USD via Sotheby’s (December 2023).

Jewelry 40
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An Expensive Taste—Whiskey Collecting

WorthPoint

In Q2 this year, 37% of bottles older than 50 years remained unsold, a significant rise from 16% in Q2 last year and 7% in Q2 2022. This reflects a fundamental characteristic of whiskey collectors: their primary focus is on the liquid itself rather than peripheral factors. The most challenging aspect is determining fair market value.