Bloomberg Press
Fine Art and High Finance: Expert Advice on the Economics of Ownership (Bloomberg)
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Description
Art and finance coalesce in the elite world of fine art collecting and investing. Investors and collectors can’t protect and profit from their collections without grappling with a range of complex issues like risk, insurance, restoration, and conservation. They require intimate knowledge not only of art but also of finance.
Clare McAndrew and a highly qualified team of contributors explain the most difficult financial matters facing art investors. Key topics include:
Clare McAndrew and a highly qualified team of contributors explain the most difficult financial matters facing art investors. Key topics include:
- Appraisal and valuation
- Art as loan collateral
- Securitization and taxation
- Investing in art funds
- Insurance
- The black-market art trade
Clare McAndrew has a PhD in economics and is the author of The Art Economy. She is considered a leading expert on the economics of art ownership.
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