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Works of art, vintage cars... Investment or pleasure, should we choose?

2022-04-22T04:44:36.133Z


OUR ADVICE - Lovers of art, old objects or even collector cars can, on occasion, make great capital gains. But is it really the main thing?


For more than 10 years now, Jean-Jacques, 58, has been scouring the Parisian art auction rooms to unearth the painting or drawing that gives him an emotion.

“These works, which have a history, are found the same evening in my living room.

There is something magical about that”,

ignites this modern art enthusiast, who is also a manager of financial portfolios.

He now owns dozens of paintings, bronzes and press cartoons and does not hesitate to resell those that are most valued to buy others.

"But most of these objects are accessible from a few hundred euros",

he said.

Contrary to popular belief, it is indeed possible to invest in art without necessarily breaking the bank.

According to the annual art market report produced by Art Basel and UBS, 85% of works traded are for less than €10,000.

The most visible and media-friendly, sold for several million dollars, represent less than 1% of the world market.

To discover

  • Who pays the most income tax in France?

75% of auctions are done online

With the rise…

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Source: lefigaro

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