Loading...
PHYNX AND MORGAN GALLERY
United States Fine Art Investments - 29.4% 2024.
Amid the economic turmoil of 2023, investment in luxury assets grew – with fine art experiencing an annual boost of 29.4% (Knight Frank Luxury Index 2024)
U.S. FINE ART INVESTMENTS HAVE GROWN NEARLY 75% IN 6 YEARS*
Historical Returns.
With Art’s non-correlation to traditional markets, an investment into art acts as the perfect investment hedge against market volatility. With full asset ownership, your funds are secured against a tangible asset with an inherent value.
THE ART MARKET IS BOOMING.
THE TIME TO INVEST IS NOW.
Art is a global commodity. It can be bought and sold between collectors anywhere on earth, making it a truly worldwide market. With the long-term, worldwide trend of increasing wealth, alongside a growth in knowledge around Art, a much larger community has started to be interested in collecting and investing in the market.
An investment in Art provides an existing investment portfolio with further balance, and exposure to new growth markets. The investment grade art market, has outperformed all comparable asset classes over the last decade. Since 1950 the Art market has averaged returns between 4.20% – 11.30% Per Annum.
141% ROI
Fine art increased in value by 141% over the past decade.
With the long-term, worldwide trend of increasing wealth, alongside a growth in knowledge around Art, a much larger community has started to be interested in collecting and investing in the market.
$5.8 BN
Christie's Fine Art & Auction Revenue
2019 - 2020.
Between the 1st June 2019 and 30th June 2020 the average percentage profit achieved by our clients was 25.2%. With full asset ownership, your funds are secured against a tangible asset with an inherent value.
THE MAIN BENEFITS OF
ART INVESTMENT
WHAT IS THE RECOMMENDED INVESTMENT AMOUNT?
The investment-grade artwork we deal with here at Grove Gallery ranges from approximately $1,000 to $10,000. There is however no limit to the amount you could invest.
HOW LONG DO I HAVE TO HOLD ON TO THE ARTWORK FOR?
Ideally, you should aim to hold on to the artwork for between 2 to 3 years although, to maximise your returns, you should aim for between 3 to 5 years.
WHAT ARE THE COSTS INVOLVED?
Our pricing model includes insurance and storage of the artwork so the price you pay is fixed and final. There is a single commission at the end of the investment which is 20% of the profit of the final sale price of the artwork.
WHERE IS THE ARTWORK STORED?
The artwork is stored in a London-based facility through our storage partner who specialise in the transportation and storage of museum-grade artwork. The exact location cannot be published for security reasons.
HOW DO I SELL THE ARTWORK?
PHYNX AND MORGAN GALLERY will assist you in selling the artwork by either placing the work with a private collector from our extensive network, hanging the work for sale in our gallery, marketing the work online through art platforms such as Artsy and Artnet, or placing the work with an auction house.
CAN I SELL THE ARTWORK QUICKLY?
If you experience a change of circumstances and need to sell the artwork quickly, please get in touch with us and we will endeavor to find a buyer as quickly as we can.
ARE THERE ANY TAX IMPLICATIONS?
Yes. Capital Gains Tax is payable on the profit generated from the sale of a work of art worth £6,000 or more. However, for the tax year 2022-2024 your personal capital gains tax allowance is £12,300 so, unless you have used all of this allowance, the gains will be free of tax. Please do not take this information as tax advice and refer to a tax advisor for information regarding your own personal tax situation.
WHAT ARE THE RISKS?
Art is not a liquid asset and like any asset, the value of art can rise as well as fall. Depending on the artist’s performance and their future collectability, there may be a risk that the projected returns are not achieved.
WHAT ARE THE PROJECTED RETURNS?
Art investments have averaged a return of 8.43% since 2000 and have outperformed the FTSE by over 400% between 2000 and 2020 and there is nothing to suggest that these returns aren’t set to continue. Therefore, conservatively, we predict the equivalent of a return of approximately 8.5% per annum.
WHY IS INVESTING IN ART SAFER?
Quite simply because you will own a tangible, physical asset. By investing in stocks, bonds, or ISAs you are investing in an idea or an assumption that the economy and the markets will work in your favour and gain you capital return. With art you own the asset outright and, should you wish, you can view it in person or even hang it in your own home.
WHAT IS PREDICTED FOR THE FUTURE OF THE ART MARKET?
Quite simply because you will own a tangible, physical asset. By investing in stocks, bonds, or ISAs you are investing in an idea or an assumption that the economy and the markets will work in your favour and gain you capital return. With art you own the asset outright and, should you wish, you can view it in person or even hang it in your own home.
WHAT SECURITY DOES AN ART INVESTMENT OFFER?
By owning a tangible asset such as a piece of art, you have security in something physical that is not affected by news reports or market movements. Grove Square Galleries will provide certificates of ownership and a valuation so you will have all of the documents you need for insurance and security and, more importantly, peace of mind. We also offer you the option of professional storage so you can be sure that nothing untoward will ever happen to your investment.