Tuesday, December 16, 2025

Art auction houses muscle their way into the loans business

With art becoming recognized almost as much for its investment value as for its esthetics, art auction houses including industry powerhouse Sotheby’s have entered the art loans business. The loans component has even progressed to the point of reselling art loans to investors. AS CNBC points out, investors should be aware of the risks of using art as an investment product.

 

https://www.cnbc.com/2021/02/25/the-wealthy-are-borrowing-billions-against-their-art-collections-.html

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

Ukraine drops NATO bid – will Kyiv get security guarantees from the West?

(Al Jazeera Media Network) Ukrainian President Volodymyr Zelenskyy has said he is prepared to abandon Ukraine’s pursuit of NATO membership in exchange for tighter western security...

At least 15 killed in Sydney attack at Jewish event

(Al Jazeera Media Network) A mass shooting at Bondi Beach in the Australian city of Sydney has killed at least 15 people and wounded 40....