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PRIAVLATTEERNBATNIVKEING
ShouldIinvestin
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onFundsdoit,PrivateTrusts byJOHN FALLE,
F
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,b
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ich
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o
t
F
h
l
it?Investinart,thatis.
Falle Fine Art
e
e
y
mingshavesignificant
investmentbutasavehiclewi
k
th
ee
w
p
h
n
ic
o
h
t only as an
their business as well as providing an
to
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theirclientsandstaff.T
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wheni
d made huge headlines
itforte
t
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realisedsomeofitsportfolioafterholding
percentag
y
e
e
o
ars,andPrivateTrustsoftenallocatea
risk.
f their holdings in art to spread the
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an awareness of the
Consideration should be given
ac
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o
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tothefuture.
p
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e
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ot
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some
isknown
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to
tionalmodificationoraccident.Itmaybethat massaged
markets
that
and
canbe
colle
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there
c
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nsofmuseumsandartinstitutionsandis b
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pointofviewt
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ha
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simple
that reason alone tha
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useitensuresfor i
investingin.Butwhatpiecesattr
a
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a
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e
is worth w
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his is in a completely
is
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circumstance.Saythereisanartistwhose
investors?Obviouslyartwhichisinperfec
e
t
yeofthe apricerang
o
e
w
b
n
e
a
tw
nd
e
collectedinamodestwaywith
condition; art which is an extreme rarit
o
y
ri
o
g
r
ina
is
l twenty auction r
e
e
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su
£
l
5
ts
00
p
to
u
£
b
1500basedonsome
u
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an
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iqu
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a
;
s
artwhichhasinthepastbeendiscovered ag
u
a
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s
n
t
ly
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a
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ot
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rm
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en
each year.
th
c
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d
a
bid
s
ders
Kohinoor
a
d
c
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h
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i
m
ev
o
ed great public recognition, the groupofpaintingsbytheartistshouldfalltot
m
he
a
m
ll
example. But the
n
r
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re
Va
m
nGogh'sSunflowersfor a
which are safe to invest
a
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n
,
y
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o
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a
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er pieces of art th
n
o
d
us
t
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e
d
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p
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un
mer price shoots up to several
artist creators, some of whom may
ive
b
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li
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in
known publishedandp
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s
o
.
p
W
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h
se
en the auction results are
somewhoaredeadbutwh
g and theystarttothinkthatthe
e
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hathasbeenachieved,
prope
oseworkhasneverbeen levelandsuddenlyworkby
ti
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a
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as
ar
achievedanew
now, o
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on
so
sideredorassessedandwhoareonly thewoodwork.Thinkthenofthew
ti
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tf
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ll
w
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outof
known and c
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in the future, become well manipulative dealer c
icha
movements what art fa
.
ll
B
s
u
in
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which artists, which s
an deliberately create the
answerisverydifficult.Itreq
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his category? The p
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v
ca
e
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ca
in
re
f
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l
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at
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e
.
interest in a
experienceandknowledge,sotha
e
t
s
is
a
w
greatdealof
art investment advisors and consulta
h
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y
ts
t
,
h
p
ereare E
wh
m
a
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j
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r
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s
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i
e
d
n
e
c
r
e
a
w
tio
a
n
sm
fo
a
r
de
se
tooriginality.Thisisa
c
o
re
h
a
a
t
v
in
e
g
th
in
e
v
k
e
n
s
o
tm
w
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le
n
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t
g
eople
on p
e
o
a
rt
n
fo
d
li
e
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s
p
.
eriencetoadvise applies to every type of arte
r
f
i
a
o
c
u
t,
s investment. It
paintings,silver,clocksandinde
furniture, coins,
I
hasaphysicalpresenceandwhi
e
ch
da
h
n
a
y
s
t
a
hingwhich
a
t
n
i
d
sp
c
o
re
s
a
s
t
ib
e
l
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e
o
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f
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co
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u
w
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se
p
t
o
o
r
d
tf
e
o
v
li
e
o
lo
,
p
bu
y
t
o
t
u
h
r
e
o
p
w
ro
n
c
i
e
n
s
t
s
er
c
e
a
s
n
t asanoriginalcreation.Itcanonlybedis
n
fi
integrity
cannot be improved. Outright faking
g
is
ur
q
ed
u
,
it
i
e
t
UIforward
20/20 thirty seven
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