Arpita Singh Painting Wish Dreams sold for Rs.9.6 Crore

[Image Source: FamousWhy.com]

Arpita Singh’s Painting “Wish Dreams: sold for Rs.9.6 Crores ($ 2.4 Million)

Delhi artist Arpita Singh has established a new record. Her mural, titled “Wish Dream”, fetched Rs 9.6 crore ($2.24 million) at a Saffronart online auction on Thursday. With this, the 73-year-old has become the country's top-selling woman artist worldwide. reported Economic Times.

Arpita Singh was born in 1937 in West Bengal, India. She is a famous Indian artist.
She attended the, "School of Art, Delhi Polytechnic in New Delhi" and right after he graduation she worked for the Indian Government's "Cottage Industries Restoration Program". During her work with the Government she met traditional artists and weavers in India, from which she got the inspiration of artwork.

Art is the great asset class and investors invest in art for huge capital gains. If you are also an artist than you have a great ability to create assets out of your mind. And your art work can make you a millionaire or even multi-millionaire.

Tipu Sultan Paintings on Sotheby’s Auction

 

Tipu Sultan Paintings on Sotheby’s Auction

Art is one of the most precious asset class. Owning an art is just like owning any other asset class such as stocks, bonds, gold, real estate, mutual funds and businesses.

According to Economic Times,

Twenty-four rare paintings depicting the famous Battle of Pollilur, in which the East India Company army surrendered to Tipu Sultan and his father Hyder Ali, are the piece de resistance of British auction house Sotheby's Oct 6 Islamic World Sale of Art.
The paintings are estimated at 650,000-800,000 pounds.
The Battle of Pollilur, which took place Sep 10, 1780, marks its 230th anniversary this month. The battle is one of the worst defeats the British suffered on the subcontinent, with a high casualty.

Art is the great asset class and it is not just the hobby anymore. Investors invest in art for huge capital gains. Many rich people invest their surplus money to buy art.

World’s richest person Carlos Slim Helu is an art lover and he has his own art house in Mexico. Anil Ambani also owns art portfolio. Thus, art is a great asset class.

Art Investment in India for Dummies

Art Investment in India for Dummies

Do you know that Art is the asset class? Owning an art is just like owning other assets like stocks, bonds, gold, Mutual funds, businesses, intellectual properties, web properties …etc..?

Well, yes. Art is not just the hobby anymore but it’s now the asset class in which investors invest for the huge capital gains. The Indian Art gives the 20-40% compounded annual return in the long run.

Indian art market is still in the nascent stage. In year 2004 it was just Rs.50 Crore market but today it is hundreds of crores of market. Here are the two possible ways by which you can invest in the Indian Art.

01) Direct Art Investment -

Here you buy an art from your money. You can buy a piece of art from eBay online or you can simply buy it from the art gallery or from the auction houses. Almost all the metro cities of India have several art galleries from which you can buy the art of your choice for the investment purpose. However, the main limitation of direct art investing is that, you MUST be expert in analyzing and valuing the art otherwise you will end up overpaying the art.

Most of the people have little to no knowledge about the art and that’s why they overpay for the art. And unfortunately, there are lots of scams in this market because the Indian art market is highly unregulated. So if you are an art expert than and only invest in art directly.

However, you can anytime hire some art expert or even an artist for helping you to take informed decision to buy the quality art at fair valuation.

02) Art Funds -

Art funds in India is the new concept. They are just like the traditional mutual funds. The only difference is that, here the underlying asset is an art. The fund manager of your art fund will invest your money on behalf of you to build the art portfolio and after 5 years or on maturity, your art fund will sell its art folio via auctions or directly to the other investors and distribute the profits among the investors.

This is the most convenient way to invest in the Indian art. Following 4 are the good art funds in India.

01) Copal Art

02) Edelweiss Securities

03) Crayon Capital

04) Osian’s Connoisseurs Art - (Also Read from Forbes India: Osian’s Art Fund – The Broken Paddle)

The only problem with the art funds is that, they have higher minimum investment amount. If you want to invest in any of the above art funds than the minimum entry price is Rs.10-15 lakhs. So this is a little bit costly for the average investors.

The another problem with art funds is that, we don’t have any proper valuation method for the art and that’s why sometimes the fund manager of your art fund may end up buying art at over priced value (However, these art fund managers are expert so chances of doing this are very less).

Another great problem with art funds is liquidity issue. You can not redeem your investments before its maturity and on maturity also, suppose if art fund fails to sell its portfolio, you will incur a loss.

Another great problem with art funds is – their NAV. I mean the Indian art market is so small that and we don’t have any worldwide acceptable valuation method for the art so what happens is – it’s next to impossible to determine the exact price of NAV of any art fund. Suppose if the NAV of some Art fund is Rs.135 per unit than what is the basis for this NAV? The art fund managers do valuations of their art on their own assumptions and past sales in the same segment of the art. And that’s why this method of calculating art funds NAV is not very accurate.

Thus, Indian art is a great asset class. But the only problem is that, you will need the expertise to invest in art funds as well as we need the proper valuation system for doing valuation of the art.

Pros and Cons of Art Funds

Pros and Cons of Art Funds

Art funds are the new investment vehicles in India. And since 2004, few Indian firms have launched their own art funds. Art has emerged as a new asset class. And that’s why it is very important to understand the pros and cons of this new asset class.

First of all, Read the Basics of Art Funds in India: Art Funds in India Review

Advantages (Pros) of Investing in Art Funds -

- The main advantage of investing in Art is – Diversification of your wealth. If you have already diversified your wealth among the traditional asset classes such as stocks, bonds, gold and real estate than it’s time to go for Art Investments.

- The Indian Art market has given 30-40% compounded annual returns in the past.

- Art funds provide you a professional management of your money. Your money is being invested by the professional art managers and thus, you can get maximum returns on your investments.

- Even if you don’t have expertise to invest in art, you can invest in art via art funds just like stock mutual funds.

Disadvantages (Cons) of Investing in Art Funds -

- The main limitation of investing in art is – The lack of proper valuation system for the art.

- Another disadvantage is small sized Indian art market.

- The art market in India is highly un regulated and lack of SEBI regulations.

- According to Forbes India, Osian’s Art fund of India is the biggest flop show because of several reasons. One reason was that, the fund manager of this fund Tuli has bought the art which was he thought that will be valuable in the future. But that day never come. This is the main limitation of investing in Art. Because of the lack of proper valuation methods, it is really unpredictable to do proper valuation of the art.

My Opinion -

In my opinion, you should only go for Art funds if your over all portfolio net worth is well above Rs.1 crore and you should never invest more than 10% of your total portfolio net worth in the art. Just follow this simple rule before investing in any art fund.

Remember that, Businesses (Stocks) are always more predictable in valuations than the art. So always give first priority to the equity.

Is Art Really a Good Investment?

Is Art Really a Good Investment?: Why You Must Invest in Art?

If I ask you that, Have you invested in Art? Than you may be surprised by my this question. This is because many of you may ask me that, How art is an Investment?

Well, Art is an asset class. It’s just like any other asset class in the world such as stocks, bonds, gold, real estate, mutual funds, businesses, web properties, intellectual properties…etc..

Owning an art means owning a valuable asset. And when you buy an art, you are not only buying it for your hobby purpose but actually you are investing your money in this valuable asset class.

You may not believe but the truth is that, Art can give you 30-40% Compounded annual return in the long run which is much more than the stock market and gold returns.

Which Art Funds available in India?

Read my Article, Art Funds in India review and you will get all the answers of your questions.

Following are the 4 best art funds of India

01) Copal Art

02) Edelweiss Securities

03) Crayon Capital

04) Osian’s Connoisseurs Art

The minimum investment amount in each art fund is around Rs.10-15 lakhs. What I advise investors is, you can invest 5-10% of your total portfolio in art.

But of course,for that your entire portfolio should be more than Rs.1 crore than and only you can enjoy investing in Art. In my opinion, if your overall portfolio net worth is not well above Rs.1 crore than don’t invest in art.

Art Funds in India Review

Art Funds in India Review

Art is the ancient asset class of India and rich people used to invest in Indian art since centuries. But well, Art funds is the entirely new concept in India.

What are the Art Funds and how they generate returns?

Well, Art funds are exactly same like the traditional mutual funds. But the only difference is that, here the underlying asset is Art rather than stocks, bonds and gold.

The art fund collects money from Investors and the fund manager of the art fund is expert in the valuations and analyzing the art. And they invest your money to buy art at very low price on behalf of you. The Art funds build and maintain an art portfolio for you and keep that portfolio for 5 years and later on sell that portfolio for huge capital gains and distributes this profit among the investors.

The funds sell units like any other mutual funds and can be bought with transactions which are the same as the transactions for stocks and shares. On buying, the units get listed as part of your portfolio and on selling them your account is debited of these units. However, some of these funds have a lock-in period during which you cannot trade the units. The net asset values (NAVs) of these funds can be monitored on any NSE terminal in India.

Advantages of the Art Funds

The main trouble in investing art is – lack of proper valuation methods of this asset class. For someone, one art may be worth of Rs.5 lakhs while for the other it may be just worth of Rs.10,000. And that’s why it requires a high level of expertise to choose an art to invest in.

Art funds have their own experts who are expert in buying valuable art at lower price.

Which are the Art Funds in India?

Following institutes of India have launched their own art funds.

01) Copal Art

02) Edelweiss Securities

03) Crayon Capital

04) Osian’s Connoisseurs Art

The above are the most successful art funds of India.

Most of these funds have attracted investments in the range of 2.5 billion USD. Examples of successful art funds in US which invested in Indian Art are the ones launched by Arts India, which have attracted investments ranging from USD 9.5 Million to USD 15 million, respectively.

What is the Unit price for Art Funds?

Consider the example of the “contemporary scheme 1” of the art fund launched by Osian’s Connoisseurs of Art in June, 2006. One unit of the fund was priced at USD 2.5 and the minimum investment limit was pegged at USD 24,400. The funds attracted investment worth USD 3 billion, which was utilized to buy art created by 112 artists. The list included names, such as Akbar Padamsee, V.S. Gaitonde, F.N. Souza, M.F. Hussain, Bikash Bhattacharjee, Tyeb Mehta, and Ramkumar amongst others.

What is the Minimum amount of Investment in Art?

It’s roughly between Rs.10-15 lakhs which is really attractive entry price to invest in Art funds.

Buy Art During Inflation

Buy Art During Inflation

Art is one of the most precious asset class on the earth. One art involves literally hundreds of hours of mind labour work of the artist and this mind labour work makes it valuable. Art is the asset class which has beaten the inflation very well.

The US Government is printing more and more money day by day. And that’s why sooner or later it will suffer the hyperinflation means rising in prices. And Art is the Best Investment that can beat the inflation very well.

What I advise you is that, if you have spare money than rather than keeping it in Cash, just buy an art from it. Well, buying an art doesn’t mean that you buy millions of dollars of paintings. It can be a $ 100 of Sketch also on the A4 size of paper. The art can be worth of anything. It ca start from few hundred dollars to literally millions of dollars.

Just visit the eBay and see the collection of art for Sale on it and buy a nice peace of an art from it or visit your local art gallery and buy some good art for you.

Art can beat the inflation very well. Keeping money on hand is a Fool’s plan because the inflation will erode its value over the time and make it worthless in the long run. While art is something which will appreciate in its price year after year forever.

So Invest in Art…!!!

Vintage Car Paintings

Amazing Vintage Car paintings

I am accidently came across this great painting collection. Let me tell you that what these paintings are about? Well, these are the oil paintings of Vintage Cars & Great Palaces of India as backdrops. Isn’t it Great?

The Average size of the Painting is 5’ * 3’. Following are the Oil Paintings of the world famous Vintage Cars and great Indian Palaces.

This is amazing creation. I mean Vintage Cars are the precious Asset class & the Paintings (Art) are also the Asset class. In both of these Asset Classes, The Investors invest for huge Capital Gains. Now, creating paintings of Vintage Cars means creating Assets out of Asset. Isn’t it a great idea?

These are just the few paintings. There is an Exhibition of these Paintings in an Art Gallery of Delhi. Here is the address of this Art Gallery.

These paintings are well appreciated by the Best Car Art Galleries around the world.

S&S Art Gallery at 428/1, Ghitorni, MG road, New Delhi-110030
E-mail: sandsgallery@gmail.com
Contact Persons: Sudhir & Suresh

I really love this Vintage Cars Painting Collection. In fact, I have never seen such an amazing Assets in my life. Hope one day I can buy all of them….!!!!!

Anyways….So Here are the Paintings. You can enjoy them.

 

Painting: 1 -- Buick 4’ * 3’

Painting: 2 - rr Phantom 2 – 6’ * 4’

Painting: 3 - Merc Sports 5’ * 3’

Painting: 4 - Bentley 6’ * 4’

Awaiting for your Comments….!!!!

New Media Art

Let us today for new Investment opportunity. Well, I am not talking about some exotic business ideas. But I am talking about the Art – The New Media Art.The new media art consists of the following.

- Mixed Media Installations
- Video Art
- Digital Prints
- Mechanical Art including Car engines
- Compute Graphics
- Internet Art
- Virtual Art
- Interactive Art technologies
- And many more….

Well, previously, there was only the market for paintings as an art. But now, There is a huge market for New Media art all around the world. People invest in new media art.

This new Media art is auctioned by the two great Art Auction Houses.

01) Christie’s

02) Sotheby’s

Some of the Digital Arts are worth of millions of dollars. For the Investors this is the entirely new asset class for the Investment. Just few years back, there was no market at all for this asset class in India. But now, these arts are selling at 2-20 Lakhs per art piece.

Owning a New Media Art is exactly same like owning the any other asset class such as stocks, bonds, gold, real estate, businesses and mutual funds. And these arts sometimes appreciate much more faster than the traditional stock market.

Installation art is normally bought by museums. There is a great role of Museums to help make people art literate.

Now, literally more and more people are entering into new media collections. The future of this entirely new investment opportunity is very bright. This is because of the Growth saturation of the traditional asset classes such as stocks and real estate.

And because of this saturation, Investors are diverting their wealth towards these new Asset classes. So if you can create any one or more of the above traditional media art than it means that you have the ability to create an Asset that can be worth of Millions of Dollars…!!!

Do’s & Don’ts of Investing in Art

Art is an Asset class. People buy art not only for hobby but they basically invest in art. An art is the Investment vehicle. Owning an art is just like owning any other asset such as Stocks, Bonds, Gold, Real Estate, Mutual Funds, Businesses and any other asset.

But well, investing in art is not as simple as walking into a gallery and picking out the piece that you thought would look best on your living room wall. It’s the job of an expert. Only the collectors and real art experts can pick up the classical art from the large collection of art pieces.

Do’s and Don’ts of Investing in Art -

- Choose historically significant pieces of art

- Take time to do research into the exhibition and literary history of piece

- Do not go for Cheapest bet or by hearsay

- Remain invested for at least five years, to benefit fro appreciation

- Begin by investing only 5-10% of your portfolio in art

Just like investing in stocks, real estate, mutual funds and businesses, you do the proper research and after proper research only you invest in it right? The same thing is true for art investing. Here also you have to do proper research otherwise you will miss the great investment opportunity.

Remember: Art only makes sense as an Investment if it has a credible amount of historical significance. Without this no art wok should be contemplated.

The second factor you have to see is the Market. Most of the investors invest in paintings because there is a huge and liquid market for this. Thus, you will find a ready buyer for your art.

According to the experts, you can give 5-10% allocation of your portfolio towards the art. You can buy art either from art galleries or from Auction Houses.

Art Investment - New Concept...

Art Investment is a new concept in India.

U will think that , "Is Art an Investment?"

Well.. Yes.... Art is a Seperate Asset Class..
This is true. This is a new Asset Class.

if u Buy an Art than it means that u have invested your Money in a different Asset Class.
U won't believ that but this is true that,

In 1997, Modern Indian Art was barely a 1 Million US $ Market.
But today in 2008 it is $ 400 million Market.

if u r an Artist than it means that u have a skill to create your own Asset.

This is true....
there r so many artists in india at present whose art is selling at lacs of rupees in the open market.

The lack of ranspernt domestic market is the reason y the Indian Art market is unrevealed.

Today, bcoz of growing volatility in the Financial Markets, there is a new respect fo the Art Investment.
Every Major Financial Institutions and High Net Woth Individuals (HNI) r looking at new Portfolio diversification Options with the Arts.

No Country in he World, including China has this much of vast potential base of Genuine Collectors and Art Lovers.

So DIversify your Portfolio with Art Also....!!!!!!