My Art Invest Offers Share by Share Ownership of Contemporary Art

April 12th, 2014

Damien Hirst Skateboards, via My Art InvestA new venture has opened its doors in London, allowing interested buyers to purchase shares in art on view, and to take the work home to show for a fraction of each year.  Called My Art Invest, investors can buy shares in works for as little as $8, with share value determined by an artist’s market value, including works by Basquiat and Damien Hirst.  “We want to democratise art,” says Tom-David Bastok, My Art Invest’s 25-year-old founder. “For me, it’s very, very, very important that everybody can put a foot in the art market.”Read more at Reuters