Wednesday, March 18, 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 supreme leader says Israel to pay for killing officials

Iran supreme leader says Israel to pay for killing officials (Al Jazeera Media Network) Iran’s new Supreme leader Mojtaba Khameini says Israel will pay after...

European groups join aid convoy to Cuba amid crippling oil blockade

(Al Jazeera Media Network) As Cuba faces a nationwide blackout and energy crisis, the first members of a global aid mission taking more than 20 tonnes...