Fractional Art Investing
Vedat Mizrahi is a director of Mintus, fractional art investing experts. They help investors access the high end of the art market, by allowing for fractional ownership of artworks. Graham introduced this 350th episode by referencing other milestone episodes. Here’s a quick link back to some of the guests we had on those milestone episodes:
Well, that’s then, and this is now.
Vedat is the Chief Financial Officer of Mintus. So, prior to that, Vedat worked for a Swiss bank and was an angel investor in Mintus. No surprise, Mintus saw the potential in having Vedat join them. You’ll see why as the podcast goes on. He’s a very impressive chap! For more on Mintus, and to take advantage of Fractional Art Investing, visit Mintus.com.
Vedat told us that Mintus was his 12th early-stage angel investment. He really liked the idea. And that’s important because the more you discover about the potential of investing in the art market, and owning a fraction of specific high-end pieces of art, the better it looks!
What Attracted You to Mintus as an Investor?
Before Mintus, most HNW Investors really didn’t have a prayer of investing in high-end artworks, like is now possible with Andy Warhol and George Condo.
You Were Previously Excluded
Mintus focus on post-war contemporary art. They focus on 40 established artists. You’ll have heard of Andy Warhol. And maybe even George Condo.
See how those two artists have performed since 1986!
How Does it Work?
The ‘investment horizon’ is 7 years. 80% of the art market is priced in dollars. That is why the costs are presented in dollars.
Less Volatility at Higher Price Points
Kevin wanted to hang the Warhol in his Northumberland home for a week, to reflect his investment! You have to laugh. Instead, Mintus will send share certificates to those that own part of the artwork.
Mintus draw in art experts and pour over lots of data to filter the best target returns of 15-20% returns.
Why Choose Mintus?
Vedat Provides This Testimonial for The Next 100 Days Podcast
The Next 100 Days co-hosts…
Graham runs Finely Fettled to help organisations that want to market to affluent and high-net-worth customers. He also runs Meet Professionals which is being offered to financial advice groups as a white-labelled lead generation and conversion system. Contact Graham on LinkedIn: Visit Graham’s LinkedIn Profile and by email.
Kevin specialises in finance transformation and implementing business change. He’s the COO of GrowCFO which provide both community and CPD-accredited training designed to grow the next generation of finance leaders. You can find Kevin on LinkedIn and at kevinappleby.com