Sunday, January 11, 2026

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

Iran says over 100 officers killed as protesters defy government crackdown

(Al Jazeera Media Network) Iran’s state media say dozens of members of the security forces have been killed during protests against an economic crisis, as...

U.S. launches major strikes on Islamic State targets in Syria

(New York Times) The United States carried out major airstrikes against the Islamic State in Syria on Saturday, following up on even larger retaliatory attacks last...