Antiques Are Becoming a Highly Sought-After Investment Opportunity


Posted November 9, 2021 by rbrown

A new and fast way to grow your money is through investing in antiques, a lot of people have made a handsome amount.
 
There are some survey reports released recently by some well-known media houses and they suggest that antiques are becoming a highly sought investment opportunity especially between billionaires.

The survey covered some of the world's top billionaires and the media house asked them questions about their investment strategy and their views on changes in the world of investments.

The report suggests that there has been a huge increase in interest in regards to investing in antiques. People are seeing it as an asset that can increase their wealth even more and in a very safe way.

In this matter, the owner of AntiquitiesArt, one of the popular antiques collectors, said that “Antiques have become a more profitable investment option than gold, cryptocurrency, stocks and other traditional niches. Billionaires who already have substantial investments in oil and gas, real estate, agriculture and manufacturing are now starting to invest heavily in antiquities. This is because of the "return on investment" they are getting with it. The value of antiques is increasing at an unmatched pace”.

He further added that, Antiques come at a cost but they each have their own value, which adds up over time. The older the antique, the more expensive and valuable it becomes. As a well known Antique item collector they revealed that interest in furnitures and jewellery of around 1900-1920 has been in trend right now. People are willing to spend any amount to buy items of this era, and the value of these items will double in the next few years.

Billionaires have their own opinion, some look at antiques as a profitable investment option whereas others have some stories to collect. Dr. Arnott Philip Michael is a billionaire and has a good investment in areas such as real estate, agriculture, oil and gas, manufacturing, and antiquities too. Recently, in a blog post he said that “Every antique has its own story and by collecting them I am collecting those stories.He further added that “antiques add more value to its surroundings and also give us more topics to talk about”.

As this business is growing, more and more players are joining this game. It is reported that there has been a 7% increase in antique reseller businesses worldwide. Which is huge in numbers compared to other businesses in the same duration.

Since the wealthier people are always in search of new ways to invest and increase their assets, it is quite possible that more billionaires will join the race. And this field will grow at an even faster pace. Survey also highlighted the fact that traditional art-works are also becoming new assets for businessmen and billionaires. Both belong to the same category but actually there are some very crucial differences between them.

However, most people working in this field believe that the increase in interest in investing in antiques is a very positive sign for the sector and businesses, as will the coming era for the buyers and sellers of antiques as well. Many interesting things will emerge. And they have to be ready to take advantage of all the opportunities.
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Issued By Antique Insight
Country United Kingdom
Categories Arts
Tags antique , art , artifacts , collectibles
Last Updated November 9, 2021