Art as an investment? [electronic resource] : a survey of comparative assets / by Melanie Gerlis.

by Gerlis, MelanieLooking glass; ProQuest (Firm) [supplier.]Looking glass.

Publisher: Burlington, Vermont : Ashgate Publishing Company, 2014.Description: 1 online resource (193 pages).ISBN: 9781848221536.Subject(s): Art as an investmentLooking glass | Art -- Economic aspectsLooking glass | Electronic booksLooking glass
Contents:
Introduction: risks and returns -- Art and stock markets -- Art and gold -- Art and wine -- Art and property -- Art and private equity -- Art and luxury goods.
Note: Includes bibliographical references and index. Alternative form: Print version: Gerlis, Melanie. Art as an investment? : a survey of comparative assets. 9781848221345 9781848221529 (DLC) 2013042345Online access: Read this e-Book from ProQuest
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Enhanced descriptions from Syndetics:

Aimed at collectors and investors, this user-friendly guide explains art's value as an asset through comparisons with more familiar investments, including property, shares and gold. It draws on extensive research and interviews with key players in these other markets, as well as the author's own experience, to clarify the specifics of art as an asset class.

Includes bibliographical references and index.

Introduction: risks and returns -- Art and stock markets -- Art and gold -- Art and wine -- Art and property -- Art and private equity -- Art and luxury goods.

Description based on print version record.

Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.

Reviews provided by Syndetics

CHOICE Review

Gerlis (art market editor of The Art Newspaper) opens with an anecdote designed to illustrate the peculiarity of the art market: a willing buyer was denied the chance to complete the purchase of a piece in which he was interested. This story serves to set the stage for the author to analyze a market that sidesteps the usual restrictions of supply and demand and functions without resort to rationality. Gerlis selects a handful of other familiar investment markets and compares operations in them to the art market. Some alternatives would be on most people's lists of investment options (stocks, gold), while others are similar to art esoterically (wine, luxury goods). The author identifies the characteristics that distinguish the various markets and discusses the similarities and differences with the art market deftly, comparing the risks and potential returns in art with other options that have either an intrinsic use-value (i.e., property) or an enduring sustainability (i.e., gold). The book draws on extensive research and interviews with key players in the markets to clarify the specifics of art as an asset class. The question mark in the title provides a clue as to Gerlis's conclusions regarding the appeal of art as an investment. Summing Up: Highly recommended. Lower-division undergraduates and above; general readers. J. M. Nowakowski Muskingum University

Author notes provided by Syndetics

Melanie Gerlis has been the Art Market editor of The Art Newspaper since 2006, reporting on auctions, art fairs and market news globally since then. She previously worked for ten years at RLM Finsbury, a strategic communications and investor relations firm, advising investment banks, hedge funds and other financial services clients. She has a BA in English Literature from Cambridge University and an MA in Art Business from Sotheby's Institute, London.

Other editions of this work

No cover image available Art as an investment? : by Gerlis, Melanie ©2014

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