Elton John’s $1.9 million Banksy sale reveals unexpected investment opportunity.
Their |
An iconic Banksy painting from the collection of Sir Elton John shattered expectations when it sold for a whopping $1.9 million at auction this year. But even more surprising is a group of investors also celebrating this sale: 65,928 everyday users of one investment platform.
Why? Because that platform, called Masterworks, enables anyone to invest in shares of blue-chip paintings by artists like Banksy, Basquiat, and Picasso. This way, not only the music moguls and billionaires of the world can benefit from the art market.
In fact, with 23 exits, Masterworks investors realized net annualized returns like 17.6%, 17.8%, and 21.5% from 3 illustrative sales.
Best of all, as a special partner, our subscribers can skip the waitlist to join here.
The content is not intended to provide legal, tax, or investment advice. No money is being solicited or will be accepted until the offering statement for a particular offering has been qualified by the SEC. Offers may be revoked at any time. Contacting Masterworks involves no commitment or obligation. Contemporary art data based on repeat-sales index of historical Post-War & Contemporary Art market prices from 1995 to 2023, developed by Masterworks. There are significant limitations to comparative asset class data. Indices are unmanaged and a Masterworks investor cannot invest directly in an index. Net proceeds distributed back represents the total liquidation proceeds distributed back to investors, net of all fees, expenses and proceeds reinvested in Masterworks offerings, of all works Masterworks has exited to date. See important Reg A disclosures at masterworks.com/cd.
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