000 02392cam a2200325 i 4500
001 22915933
005 20251109095906.0
008 230103s2023 nyuaf 001 0 eng
010 _a 2022059817
020 _a9780231201780
_q(hardcover)
035 _a22915933
040 _aDLC
_beng
_erda
_cDLC
_dDLC
_dAU
042 _apcc
049 _aAlfaisal Main Library
050 0 0 _aN8675
_b.C54 2023
100 1 _aCifuentes, Arturo,
_eauthor.
245 1 4 _aThe worth of art :
_bfinancial tools for the art market /
_cArturo Cifuentes and Ventura Charlin.
264 1 _aNew York :
_bColumbia University Press,
_c©2023
300 _a253 pages, 8 unnumbered pages of plates
_bchiefly illustrations (some color) ;
_c24 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
500 _aIncludes index.
505 0 _aUnderstanding the Art Markets. Estimating Returns in the Art Market -- Simple Comparisons to Uncover Interesting Trends -- Price and Color in Paintings -- Art Market Indices -- Investment Strategies. Portfolio Management Strategies -- Art-Secured Lending -- Auction Guarantees -- The Market for Collectibles -- Art, Data and Finance: A Few Speculations About the Future -- Appendix for Poets.
520 _a"In recent years the art market has grown in both size and importance. It is currently estimated that ultra-high-net-worth individuals (UHNWIs) maintain 6% of their holdings in art-related assets; thus, at least US$ 1.75 trillion are invested in art worldwide. This figure does not take into account the holdings of museums, banks, endowments, insurance companies, and other institutional investors. Artistic objects, notwithstanding their aesthetic merits, can also be valuable financial assets. This book shows readers with finance backgrounds how to use the analytical tools employed in more conventional markets (stocks, bonds, real estate) to assess the risk and rewards associated with participating in the art market as an investor, collector, banker, insurer, lender, auctioneer, speculator, etc. The book demonstrates the use of data analytics and statistics for art valuation vs. subjective appraisal based on connoisseurship"--
650 0 _aArt
_xValuation
_vHandbooks, manuals, etc.
655 0 _aPrint books.
_2local
_94
700 1 _aCharlin, Ventura,
_eauthor.
942 _2lcc
_cBOOKS
999 _c607842
_d607842