Art, Antiques & Collectibles
Have you heard about cosmetics-heir-turned-super-collector Ronald Lauder paying $135 Million for a Gustav Klimt painting? Closer to home five years ago, the GSIS paid a cool Php46 Million for Juan Luna's 110-year-old painting “Parisian Life”. If that is too high up there, recent auctions of Southeast Asian art including the works of Filipino painters Amorsolo and Magsaysay-Ho by leading auction houses Sotheby's and Christie's saw prices rise twenty to thirty times their pre-auction estimates. Indeed there is tons of money in art and in other rare, priceless items. Investing has evolved into a more pleasant and aesthetic undertaking.
Investing is not all drab and serious business. Investing can be fun, enjoyable and exciting. For the savvy, unorthodox and non-traditional investor, investing in other tangible assets such as artworks, antiques and rare collectibles has produced much greater returns than investing in traditional investment instruments. Simply put, the intrinsic value that art offers is real and substantial. No way can it be sneezed at.
MoneyWorks provides investment advice to those who desire to buy or sell works of art, antiques, and collectibles. Whether you are a buyer or seller, MoneyWorks has the network to source desired or sought after works of art as well as find buyers for these valuable items. MoneyWorks acts as broker-dealer for these rare, non-traditional investment items anywhere in the Philippines. We also conduct background investigation and item verification with the National Museum and with renowned art experts and critics to ensure that transacted antiques and artworks are of known provenance, authenticity and rightfully legitimate.
Types of Art Investments
Paintings (Old Masters/Modernists/Contemporaries)
Antiques
Collectibles
Investment Amount
Depends on transacted item's value
Commission Fee
10% of transacted item's value; commission may be paid by both buyer & seller
Transaction Expenses
Research, investigation, authentication, verification, transfer expenses and facilitation fees are all for customer's account
Actual & Incidental Expenses
Travel, hotel, meals, transportation and other incidental fees incurred in facilitating the transaction are all for customer's account |