This Article is a Persian Translation of Art as an Asset Class: Exploring the Potential Benefits and Risks of Art Investing, Published Online on www.MyMoneySage.in, May 2023.
A Primer on Art Investment Strategies and Associated Risks
14 February 2024
This article initiates a discourse on the preliminary considerations regarding the capabilities and hazards associated with art investment. Prior to delving into the merits and drawbacks of art investment, it is imperative to underscore the conceptualization of art as an asset. Within this framework, art is construed as a financially lucrative entity. Nevertheless, it is imperative to acknowledge that unlike conventional assets such as bonds or real estate, whose investment prospects are evaluated based on economic indicators, art investment entails a subjective dimension. Apart from aesthetic appeal, factors such as rarity, historical significance, and the artist's reputation play pivotal roles, thus rendering the investment milieu contingent upon artistic dynamics.
Author(s)
Sevana Boghossian
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