The Paul Newman Rolex Daytona is arguably the most iconic and sought after watch by watch collectors today. Purportedly coined by vintage Rolex enthusiasts sometime in the 1980’s the term ‘Paul Newman Daytona’ became synonymous with the Rolex Daytona watch variety that is defined by its distinct dial, commonly referred to as the ‘exotic dial.’ Read more
Fine Art is an asset that can see large sums of investment. We’ve previously covered how Fine Art sums up as an investment, concluding that art is something you should invest into if you really enjoy the medium of creativity and have a lot of knowledge on the topic. Though, as with all asset area, none comes with a safe guarantee. However, art is currently seeing a rise through the loan industry according to theartnewspaper. They have identified the areas of growth at the higher tiers of artwork sales, where the artwork is being estimated to hold their value for longer periods of time. Art loans have faced issues in the past, with artists failing to fulfil their contracts terms, such as Annie Leibovitz, but this hasn’t seem to of prevented the current boom of the art loan industry. According to Widewall, on the report the company Skate released, the Global Art-loan industry is up to $10 billion for 2015, double of what it was in 2011. It has been said by the art loan market has the projection to grow to $100 billion, although this has been identified as highly unlikely by artmarketmonitor who report that this number isn’t “plausible.”. Who lenders that are siphoning this growth in the art loan industry?
The world-famous Pebble Beach Concours d’Elegance is finally upon us. Two huge auctions happen during this week. This year RM Sotheby’s auction is so big that it has been split into two; one purely focusing on the stunning Pinnacle Portfolio – more on that later – and the other on their traditional auction. There is also the Gooding & Company event. These auctions are key to understanding the position of the classic car market with some extremely rare cars likely to be breaking records. The cars are generally immaculate with a typical ‘as new’ look rather than the European preferred style of patina. Read more
Tim Cook recently spoke upon donating away $800 million of his tech earned fortunes after he had paid for his nephew’s education. To who or where he has yet to specify, but his previous public advocacies of human rights, equality, climate change and the prevention of HIV/Aids have been mused upon as an indication. This gives a contrast to the previous Apple CEO, Steve Jobs, who was not known as a philanthropic pioneer. However, like Tim Cook, other wealthy individuals in our world have made it their business to publicly share some of their earnings with charitable causes. Read more
Investing in art is complex. The question is Fine art a good investment is one which should be tackled with the open perspective that what art itself is has yet to truly be defined. This view is to give you some insight into the infinite facets that make up a piece of art’s value. Buying art as an investment is something that, depending on the nature of what you value to be an investment, is a game with only a few winners. It should be approached with the frame of mind that the analysis and the curation of opinions from art critics and master investors is something that can provide you with only a slither of what you think you need to know. Fine art is an asset that is a complete curveball, due to its unpredictable value and the way in which that value emerges from cultural niches that only a few of the most culturally entwined individuals could have seen coming. Read more
Millions of people have dreamed of owning a Ferrari – but for real car lovers with money to spend owning a piece of the company is a whole other level of investment. Fiat Chrysler revealed plans to list 10 percent of its stake in Ferrari on the New York Stock Exchange last fall and in July 2015 filed documents with the SEC ahead of an IPO expected to come in early 2016. Read more
When it comes to investing in fine watches, Cartier isn’t the brand that usually springs to mind. The idea of owning a watch from a brand like Rolex seems a lot more appealing due to their perceived value, but of course there is no guarantee that any watch will hold its value, regardless of who made it.
The history of Ferrari is one which is an inspiration to race car and luxury car lovers alike. The company’s hard earned success and status, founded in the innovation and genius of Enzo Ferrari, is maintained by the engineering of the modern Ferrari team and is exercised by the skill of the drivers that handle the prancing horses with both finesse and vigor.