Fine Art

People have been treating art as an investable asset for generations. In fact, art has been bought and sold at the world's oldest auction house, Stockholms Auktionsverk, since 1674. Art investing exploded in the 1970s when some corporations started allocating a fraction of their portfolio to invest in art as an asset class. This further legitimized fine art as an investable asset class—a trend that continues to this day. More recently art as an investable asset has continued to gain popularity due to the fact that art prices have historically been relatively uncorrelated with the stock market. According to some, this makes art a potentially useful component of a diversified portfolio. Note: This is not investment advice.

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Daniel Arsham - "Grey Selenite Newspaper Machine"


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