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Collecting Art Sotherby’s Shidonna Raven Fine Art and Giclees
Regardless of the economic conditions both collecting and giving art is the acquisition of assets. While depreciating assets are not really assets at all but liabilities that often have other costs associated with it. Sotheby’s reminds us that art is an asset. Assets that are not depreciating offer the collector or owner options for liquidation or exchange if desired.
Additionally, fine art is often appreciated highly by the collector or owner and is rarely or infrequently sold. Some collector’s may gift their artwork to museums upon their cessation or may allow the artwork to travel through the museum systems in order to increase the value of the work. There are many ways to enjoy, share and profit from collecting and gifting artwork.
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