Buying fine art

Fine art is a true-and-tried alternative for asset preservation and ease of transport. Throughout the ages it has been used by collectors to preserve value and transfer wealth to their heirs. But it is an alternative only to those who know what they are doing. Resorting to fine art is good for those looking for long term conservation. It is not a good scheme for short term convertibility or financial speculation.

Demand is stable

“We have seen a flurry in demand for fine art,” said , an art auctioneer and dealer. At two galleries, activity has remained stable. “We are not encouraging people to buy unless they are genuinely interest in the arts,” said