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In a historic moment characterized from a big economic uncertainty and from the markets crisis, the purchase of antiques goes against the trend.
As emerges from a research of Artprice.com that the Il Sole 24 ore took, art has shown to act in the crisis in a much better way than the real estate market, and even the comparison with the gold trend proves an alignment with this in the last four years.
If initially art was intended as an asset in which the buyer could take refuge from the problems of the fluctuating financial market, in recent years it has instead been perceived as a real strategic objective in which to invest, as it is considered among the safest and above all the most profitable assets.
This is what emerges from the annual reports on art and finance, signed by the Art & Finance division of Deloitte.
In those of 2017 and 2018, in fact, an increasing number of stakeholders were registered (stakeholders, n.d.r), such as enthusiasts and collectors, operators and simple investors.
The report highlights that 2017 was a year of considerable recovery in the art market, also thanks to the continuous expansion of the on-line channel.
The web in fact guarantees investors greater availability of information and accessibility to products, and therefore allows a wider choice and diversification possibilities.
In an economically negative era, art and antiques are solid competitive investment alternatives.
The analysts of Artprice, the famous auction database, based on 3900 lots, have in fact estimated an average return on investment of + 88%, for an average ownership of 11 years. Therefore an annual progression of + 5.9% (Analysis proposed by Il Sole 24 ore, available here).
Even the operators in the asset management sector have seized the enormous opportunities arising from investments in the world of antiques and art.
In fact, the interest in offering specific services dedicated to art to its customers has recently grown.
According to the aforementioned Deloitte report from 2018, investments in art and collectibles by those with high net worth are estimated at around 1,600 billion dollars in 2016, with a forecast of 2,700 billion by 2026.
However, high capital buyers are not the only investors, the art market is in fact also accessible to small and medium-sized buyers: Nicola Maggi, journalist and historian of art criticism, estimates that about 80% of art transactions take place under 5,000 euros, and often even under 3,000 (here the deepening).
Therefore anyone can decide to turn to art and antiques as a safe haven, deciding to invest part of their savings in the purchase of an item that could increase its value over the years.
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