Alternative Investment. Where to spend millions..
Real estate, art, cars or old wine... that's only some of a form of investment.
I wish to present you something else and very exiting.
In few next posts and maybe videoblog I will tell you more about investing in
RARE VIOLINS and rare music instruments .
Let me give you some data coming from a website "elanfineinstruments.com "
Investing in Rare Violins
Often seen as a passion project, or part of a philanthropic venture, rare & fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment. Though historically rare violins have not been widely recognized as assets for investment, this category is gaining interest due to the steady increase in value, a lively international market and finite supply
With greater than 150 years of valuation, studies have demonstrated that fine classical Italian instruments offer a steady increase of approximately 3-5% per annum with a dramatic percentage increase over the last couple decades. Over the past 20 years, many instruments in the top tier have climbed in value 12-25% with little downside or volatility, performing among the top asset classes exclusive of private equity.
Even instruments not in the top-tier offer a steady increase in value, appreciating approximately 5 ½ % annually as cited by Donald M. Cohen, publisher of “The Red Book – Auction Price Guide of Authentic Stringed Instruments and Bows,” whose latest publication covers 15 years of collected auction sales results in the violin trade from 1997 to 2012. Donald also notes that the total dollar volume of auction sales has increased by more than 10% per year since 2006 further demonstrating an active and healthy market."
On that website You will find much more but let me tel you from my experience how important is for us musicians to find a good instrument and always a good investor who can pay those enormous $$$$$$ for a great instruments.
Here you have an examle of an auction
Notable Violin Sales at Auction in 2016
“The past few years have seen phenomenal growth for 2nd and 3rd tier makers in the stringed instrument market. 2016 in particular has brought surges in demand for instruments in the $100,000-500,000 range. As most of the famous 17th and 18th century Italian makers have now exceeded this price range, new attention and interest is been given to makers like Vuillaume, Rocca, Balestrieri, Storioni and Pressenda. Investors who take a long view and are interested in slow-steady growth can find great opportunities in this segment of the violin market.” – Jason Price, Founder & Director of Tarisio Auctions
Great popularity and prices up... I personally invest that way..but I know I'm a musician and I have contacts and people around to help me since 15years in that field.
I wish to help you and find also a people here who maybe once making a great money on Bitcoin - Altcoin trading will invest in some art. Beautiful art , beautiful violins.
Let me know what you think about an alternative investing?
