London News: The City is Getting Serious About Making Money from Art. Samson Spanier Follows the Trail of Bank Notes.
Apollo 2005, Jan, 161, 515
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Pin-stripe suits and Krug champagne are not alien to the art world, but there were nevertheless remarkably large amounts of both at art dealers Beddington & Blackman in Savile Row, one evening last month. The neo-Georgian green wails hung with Canaletto-esque views of Venice enjoyed this surfeit because many of London's financial bigwigs were discussing making money by investing in art something that we all dream about, but which is now being taken seriously for the first time. These bankers, professors of economics and art dealers had all come from the St George's Gallery at Sotheby's, around the corner, where there had been an afternoon of talks about investing in art. It was hosted by the Fine Art Fund, a registered us Limited Partnership managed in the UK, that buys and sells art. It is pushing for clients on both sides of the Atlantic to invest in it a total of $100 million, and New Yorkers should be receiving right now invitations to a similar event in February at Christie's on 6th Avenue.
- 2,99 €
- Category: Performing Arts
- Published: 01 January 2005
- Publisher: Apollo Magazine Ltd.
- Print Length: 9 Pages
- Language: English
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