Art as Asset Class

6 November 2023
Art can be considered a kind of property and capital due to some capacities. Buying art brings financial returns and, like other traditional assets, increases in value over time. Art can be bought and sold because a separate market has been created for it. In the meantime, buying works from prominent artists has shown a positive return and has attracted investors to create diversity in their economic portfolio. But is art really a good place to invest? In the following, we will try to address this question by presenting some historical examples.
ِDamien Hirst at Sotheby’s auction, 2008.

This article is only available in Persian.

Author(s)

Sevana Boghossian
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