- 6. December 2001
- Posted by: Thomas González
- Category: Art Finance, Art Investment, Art Loans
Historically, the bad liquidity of art ownership is considered the biggest disadvantage of art investment. Unlike stocks or bonds, González writes that art, like real estate, can not be converted into money within a day. If the sale to a collector or dealer does not succeed directly, then the art investor would have to sell through the auction houses which can take three to twelve months. The advantage: no quick decisions are needed. With tools like art financing and art lending the art investors is able to get liquidity immediately.