Startup Masterworks offers customers the ability to buy shares in a piece of art, with minimums starting at $1,000
Masterworks, a two-year-old startup, buys artwork with profit potential then sells shares in it to its customers using its online platform.
“But the only way to really invest in art has been to purchase a painting. Masterworks is the first platform that allows anyone to really invest in these great works of art.” For instance, Monet’s “Coup de Vent” painting, valued at $7 million, has a couple of thousand investors right now, according to Lynn, who expects more interest by the time Masterwoks decides to sell it to a collector and then shares profits with its clients.
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