Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, July 06 2022 - 23:03
AsiaNet the Artprice 100(C) index up +36% in 2021
PARIS, July 6, 2022 /PRNewswire-AsiaNet/ --

Art is now widely considered an alternative investment that not only offers 
high returns but also a relatively low correlation to other financial assets. 
Investing in the greatest artists (such as Pablo Picasso, Claude Monet, or 
Georgia O'Keeffe) can therefore be a matter of personal satisfaction and 
financial advantage – as long as we take into consideration certain art market 
specificities such as the timeframes for selling unique works and the 
considerable associated costs.

Thierry Ehrmann, CEO, and Founder of "We are very proud to have 
played a leading role for 25 years, with Artprice, in the process of 
democratizing the art market. Restricted to an elite group of connoisseurs 
until the end of the 20th century, the art market is now accessssible to a much 
larger number of people. Our services offer affordable information that can be 
consulted anywhere, without limiFt and it is updated every hour. With our 
value-added data, art professionals and enthusiasts can buy and sell 
exceptional and family works with complete peace of mind".

Frequently, it seems, the Art World is shaken by a sensational story. From the 
discovery of a Turner in the bric-a-brac of a garage sale to the sudden 
increase in value of a self-destructing Banksy at the end of its sale… there 
appears to be many different ways to make a substantial profit on the art 
market. But in reality, these sensational stories remain exceptional, and for 
each of them, tens of thousands of works change hands every year in a much more 
discreet and reasonable manner. 

Reducing uncertainty

Risk, in the financial sense, is an integral part of any form of investment, 
and art is no exception to this rule; indeed quite the contrary. Fortunately, 
this risk can be partly controlled in several ways, notably by knowing how to 
recognize the value of a work and by buying at the best price.

The buyer who dared to acquire Christopher Wool's Untitled (1990) in 2000 for 
$35,250, completed an extraordinary operation by reselling it fifteen years 
later for $2,405,000. Nevertheless, that investment involved significant 
financial risks linked to a high level of uncertainty. The value accretion of 
works by Christopher Wool essentially began after the financial crisis of 2008, 
as revealed by the price index calculated by Artprice for original works by 
this artist. In fact, a collector who bought a canvas (or a drawing) by 
Christopher Wool just after he joined the Gagosian and Simon Lee galleries in 
2006, would have benefited almost as much from Wool's success, but without 
taking the same risks as the buyer who bought in 2000.

Investment Strategy

The second way to reduce volatility is – as with any other asset class – to 
diversify a portfolio. This is the practical raison d'etre of the 
Artprice100(C): to simulate a collection that follows a simple and objective 
diversification strategy. Like the major stock market indices, the 
Artprice100(C) invests in the hundred best-performing signatures on the 
secondary art market. 

Description of the Artprice100(C) and its methodology:

The benefits of diversification do however have certain limits. While the 
Artprice100(C) shows an increase of +36%, substantially higher than that of the 
S&P 500 (+27% over the year 2021), the Artprice Global Index reveals that the 
value of a general portfolio, i.e. relating to the entire art market, would 
have fallen by -1% during the same year 2021.

The "division" of artworks… "fractional" investing

The Artprice100(C) is by nature a purely theoretical exercise since it is 
practically impossible to constitute a portfolio that would unite works 
representative of the markets of the world's one hundred most successful 
artists. Nevertheless, many investors like the idea of instruments that allow 
them to participate in the art market in a flexible way.

In this domain, a number of new proposals have recently been made – notably by 
the companies Masterworks and ARTBnk – that offer investors the opportunity to 
acquire shares in collections for which the risks and returns have been 
estimated. These offers include a particularly interesting feature: the freedom 
to buy and resell your shares at any time. This type of instrument has the 
distinct advantage of obviating the need for what can be a long and costly 
operation when it comes to reselling a unique work in the best place and at the 
best time.

In this context, NFTs open up highly original perspectives. With NFTs, you can 
exchange a digital title (of a unique or a limited edition work) on 
ultra-secure blockchain networks. Transaction costs are much lower (around 2% 
to 3%) compared to those practiced on the traditional art market. However, 
these low costs reflect the absence of expert appraisal and promotion work 
provided by art dealers and auction houses. 

The information and econometric studies sold or published by 
provide an analysis of the trends and statistical evolution of the art market 
and should not in any way be considered as a solicitation, incentive, or advice 
to invest in the art market.

Copyright 1987-2022 thierry Ehrmann [] - []

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About Artmarket: is listed on Eurolist by Euronext Paris, SRD long only and 
Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF.

Discover Artmarket and its Artprice department on video: [ [ ]

Artmarket and its Artprice department was founded in 1997 by its CEO, thierry 
Ehrmann. Artmarket and its Artprice department is controlled by Groupe Serveur, 
created in 1987.

See certified biography in Who's who (C):
Biographie_thierry_Ehrmann_2022_WhosWhoInFrance.pdf [ 

Artmarket is a global player in the Art Market with, among other structures, 
its Artprice department, world leader in the accumulation, management and 
exploitation of historical and current art market information in databanks 
containing over 30 million indices and auction results, covering more than 
784,000 artists.

Artprice by Artmarket, the world leader in information on the art market, has 
set itself the ambition through its Global Standardized Marketplace to be the 
world's leading Fine Art NFT platform.

Artprice Images(R) allows unlimited access to the largest Art Market image bank 
in the world: no less than 180 million digital images of photographs or 
engraved reproductions of artworks from 1700 to the present day, commented by 
our art historians.

Artmarket with its Artprice department accumulates data on a permanent basis 
from 6300 Auction Houses and produces key Art Market information for the main 
press and media agencies (7,200 publications). Its 5.4 million ('members log 
in'+social media) users have access to ads posted by other members, a network 
that today represents the leading Global Standardized Marketplace(R) to buy and 
sell artworks at a fixed or bid price (auctions regulated by paragraphs 2 and 3 
of Article L 321.3 of France's Commercial Code).

Artmarket with its Artprice department, has been awarded the State label 
"Innovative Company" by the Public Investment Bank (BPI) (for the second time 
in November 2018 for a new period of 3 years) which is supporting the company 
in its project to consolidate its position as a global player in the market art.

Artprice by Artmarket's 2020 Global Art Market Report published in March 2022:
[ ]

Artprice's 2020/21 Contemporary Art Market Report by

Index of press releases posted by Artmarket with its Artprice department:

Follow all the Art Market news in real time with Artmarket and its Artprice 
department on Facebook and Twitter: (over 5.8 million followers)

Discover the alchemy and universe of Artmarket and its artprice department ( ) headquartered at the famous Organe 
Contemporary Art Museum "The Abode of Chaos" (dixit The New York Times): ( 

L'Obs - The Museum of the Future:  (4.3 million followers)
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