In the spring of 2012, the work of only one artist – Pablo Picasso – had exceeded the $100 million mark at auction. By the end of the following year, so had Edvard Munch, Andy Warhol and Francis Bacon. As I write this, a further five artists have surpassed the milestone since.
It’s unsurprising given the figures that investors have begun to look at art as an alternative asset class. It is a very exciting market. However, whether you are new to art world, or are a lifelong collector, art presents an opportunity riddled with challenges. The team we have built at Mintus recognises that art industry expertise is essential to the delivery of a quality art investment product. Much like picking stocks, a knowledge of the art market and its mechanics is fundamental to recognising a strong investment opportunity.
Mintus Art Division
Our art team is underpinned by a strong Mintus Advisory Board which includes Brett Gorvy, the former Chairman and International Head of Post-war and Contemporary Art at Christie’s, and Tad Smith, the former CEO of Sotheby’s.
As an art lover and specialist in Impressionist & Modern as well as Post-War & Contemporary Art, I’m incredibly passionate about helping more people get access to iconic contemporary art through an ownership model that would previously have been inaccessible to them. This fusion of the art and investment worlds is what makes Mintus so special.
In sourcing new artworks, we will use our collective expertise to identify paintings from established players while also bringing a fresh approach by building a pipeline of emerging talent, that in our view have the best investment potential.
I’m excited to be part of changing the art investment landscape and look forward to welcoming investors to this new asset class which I hope will spark a passion for the arts.