Dear Friends,
Welcome back from an enjoyable summer. With fall upon us, it is apparent that the international market has become increasingly unpredictable. Many investors are moving their assets out of the stock markets and into cash.
A smart alternative to hedge against growing uncertainty is blue-chip art. It is an ideal time to consider the tangible asset of distinguished artworks. Important Impressionist artists are long dead and fewer and fewer sellers are in the market but demand, especially from Asia is getting more intense. These artrworks will continue to grow in value for decades to come.
We welcome your calls and emails and look forward to working with you on the acquisition of artwork for aesthetic and investment purposes.
Long live art!
Very truly yours,
David Benrimon |
| Met Museum Denies Fashion Loans to Russia |
| Clyfford Still-Sour Grapes at Christie’s |
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Art Double-Dip?
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Everywhere you look, commentators are speculating on the future of the art market in these turbulent times. The market for works under $250,000 has slowed down but big trophy hunters are still stalking their prey and big deals continue to be completed behind the scenes. Sellers are asking phenomenal sums for important works but there is heavy negotiation.
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Occupy Wall Street
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 You may have read about anarchists and their associates protesting at Wall Street about the economy and social classes in America. There was no coherent message but the Occupy Wall Street members took up the cause of the striking Sotheby’s art handler’s union at the auction on September 22, 2011. It is a video worth watching, despite the sparse crowd for the antics.
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