Did you know Andy Warhol and Mick Jagger of the Rolling Stones were great buddies?
It’s true.
Warhol even designed the cover for the Stones’ 1971 album, Sticky Fingers.
But I’m not writing today to tell you about a bromance between two stars.
Instead, I’m here to tell you about a piece of art that memorialized their friendship — and how you can invest in it for what could potentially be a 1,000%+ profit.
Curious? Read on…
Three Reasons the Wealthy Invest in Art
Last week, I explained why the wealthiest 1% invest in art.
For starters, it provides diversification. So even if the stock market is crashing, art can keep growing in value.
Furthermore, art offers a hedge against inflation. In inflationary times like we’re in today, that’s a valuable trick.
But perhaps most important of all, art can provide market-beating returns.
For example, since 1995, one popular art index has outperformed the broad-based S&P 500 by nearly 3x. And individual pieces — including classics from major artists like Warhol — have done far better than that.
For example, in 1989, Warhol’s Orange Shot Marilyn was acquired for $17.3 million. In 2017, that same painting traded hands for around $200 million — for a gain of 1,156%!
Perhaps these benefits help explain why, according to the Knight Frank Global Wealth Report, 37% of individuals worth at least $30 million collect or own fine art.
But now, art isn’t just for the super-wealthy anymore…
Get Ready for Freeport
At the end of my article last week, I introduced you to a soon-to-be-launched investment platform for art called Freeport.
Freeport offers a straightforward way for ordinary investors like us to get exposure to fine art.
For each piece of art it offers, Freeport creates a business entity that holds the art as its sole asset. Shares are then issued in that entity, enabling you to gain exposure to extraordinary (and extraordinarily expensive) pieces without needing to purchase the entire asset yourself.
The art will be kept in a secure vault on the East Coast of the U.S. In the future, the company plans to allow viewing of the art — by you, and perhaps by the public.
Freeport intends that investors like you will soon be able to sell your shares on a secondary market, or you can hold your shares until the physical art has been resold — hopefully at a big profit.
Hello, Mick!
Freeport is about to launch its first offerings.
One of them will be a series of Warhol prints of Mick Jagger.
You see, in 1975, Warhol decided to create a series of ten prints of his friend. Each one depicted Jagger’s face in a different pose.
Next month, Freeport will be offering one of these prints for sale — an incredibly rare “artist proof” of what’s called FS 141. Here’s what it looks like:
As you might be able to see even from this small, digital version of the picture (the real print is 43.5" x 29"), it features bold signatures from Warhol and Jagger. Plus, if you ask me, it also happens to be really cool.
Pricing
“Shares” of this art will be priced at $22.63 each. And the minimum number of shares you can buy is 10. Accordingly, the minimum investment is about $226.
Keep in mind, all the typical caveats about investing apply here:
For example, don’t invest more than you can afford to lose; invest in what you know; and be sure to dip your toe into the water before diving in.
Furthermore, since Freeport doesn’t have a secondary market yet, its art won’t be “liquid.” That means it can’t necessarily be converted into cash at the snap of your fingers.
So don’t invest your rent or grocery money here.
But if you’re looking to invest like the 1%, art can be a great place to start!
Join the Waitlist Today
The Freeport platform is launching soon.
And public access to buy shares of the Jagger print opens up on May 10th.
If you haven’t done so already, we’d recommend joining Freeport’s waitlist now so you can check it out — and potentially use it to invest in art!
To join the waitlist so you can get first dibs when it opens, sign up here for free »
Happy Investing
Please note: Crowdability has no relationship with any of the startups or investment platforms we write about. We’re an independent provider of education and research on startups and alternative investments.
Best Regards,
Founder
Crowdability.com
