Publisher's Synopsis
The Definitive Guide toArt Valuation and Investing
"Comprehensive insight into the art world that every seasoned art collector should keep by his or herbedside for quick reference."
Lawrence M. Klepner, Vice President-Investments, UBS Financial Services Inc.
"An essential resource for any art collector, art investor, or art market professional. The informationprovided is so useful and comprehensive that it puts anyone involved in the art market who doesn't owna copy at a disadvantage."
Nicholas Forest, art market analyst, art consultant, and founder of Artmarketblog.com
"Skaterschikov has produced a comprehensive and well-written overview of investment in high-end art.Every aspiring investor should read this book cover to cover-twice-before even thinking aboutwriting their first check."
Don Thompson, author of The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art
"Skate's Art Investment Handbook is a must-read for anyone who is passively or actively involved in the artworld. It is a thorough, accurate, and fascinating account of this market that will certainly enlighten theart market amateur, veteran, collector, and investor alike."
Philip Hofman, CEO, The Fine Art Fund Group
"Thoroughly documented and very well-written. . . . In addition to its original data, this edition of Skate'spulls together bits and pieces of often hard-to-find statistics from other published resources, making itindispensable for anyone researching the market for artworks."
Tom McNulty , MA, MLS, Professor of Research Methodology, Sotheby's Institute of Art, New York;Librarian for Fine Arts, Bobst Library, New York University;and author of Art Market Research: A Guide to Methods and Sources
About the Book
The fine arts represent one of the oldestand most consistently profitable investmentvehicles. Yet, despite its maturity and thetens of billions of dollars generated each yearthrough art sales, the art market has remaineduniquely resistant to the drivers that haverevolutionized virtually every other investmentclass.
Now institutional and private investors canapproach both active and passive investmentin the global art market with a degree oftransparency unavailable to previous generationsof investors.
The most comprehensive how-to guideof its kind, Skate's Art Investment Handbookdemystifies art investing. It provides a detailed,dispassionate look at the global art market andoutlines an original analytical model andrational strategies for profiting from this alternativeasset class.
Drawing on more than a century of statisticaldata, original valuation metrics, andother powerful proprietary tools, the founderand CEO of IndexAtlas Group, LLC, SergeySkaterschikov describes proven techniquesthat allow you to:
- Correctly value art assets
- Accurately forecast theirlong-term values
- Precisely track and forecast trendsin the notoriously fickle art market
- Expertly deploy strategiesfor optimizing returns onart investments
- Confidently invest in funds,derivatives, and other passiveart investment vehicles
Taking art investing out of the murky realmof sentiment and aesthetics and into the bright light of financial valuation and market statistics,Skate's Art Investment Handbook provideswhat you need to generate consistent profitabilityin the global art market.
