My Art Invest Offers Share by Share Ownership of Contemporary Art

April 12th, 2014

A 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