Monday, March 9, 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

Putin says Russia can supply oil, gas to Europe as energy prices soar

(Al Jazeera Media Network) Russian President Vladimir Putin has said that Russia is ready to conditionally supply oil and gas to Europe as the US-Israeli war...

Trump order protected herbicide – and a weapon of war

(New York Times) When United States President Donald Trump issued an abrupt order last month compelling the production of glyphosate, the controversial weedkiller known...