Paris entrepreneur to launch art ‘stock exchange’
It’s finally happened. The French capital is about to witness the launch of the world’s first art stock exchange, according to The Guardian. From January (not now January, mind you, some sort of postponed later January) A&F Markets will allow ‘investors’ to buy ‘shares’ in a variety of Modern works (a Kiefer and a LeWitt are among the early offerings but there are no more details as yet) for around €10 per unit. The works in question will have been created from the mid-nineteenth century onwards and will cover the full range of media.
Pierre Naquin’s firm will offer investors shares in major modern art works in a move that has horrified some critics