NEWS & EVENTS

In the September 2022 issue of the International Family Offices Journal, Winston Art Group Managing Director Elizabeth von Habsburg is cited as a source of expertise on market practices and art valuation. As mentioned in the article, “the art market remains the least regulated of the major asset classes in transactional matters and the art is an opaque economy, extra due diligence when buying or selling artworks must be undertaken by the individuals engaged in those activities.”

On art supply and demand, Klein cites Von Habsburg from Fine Art and High Finance: Expert Advice on teh Economics of Ownership (ed: Clare McAndrew) to write that “Rare or exceptional works of art with historical importance; art ‘fresh to the market’ from estates, major institutions or private collections; and the long market cycle, typically several decades, add to the scarcity value of art.”

Follow the link below to read the full article:

IFOJ September 2022_Family Offices and the Art of Investment