Friday, October 28, 2016

Art Money, a New Startup, Is Offering Collectors Money to Buy Art

Gallery-hopping in Chelsea on a Thursday night or strolling through the booths of an art fair can be a masterclass in window shopping. For most people, the pieces on sale are simply impossible to afford or financially irresponsible to buy. Even for those with means, who would technically be capable of purchasing pieces at the lower end of the market, $1,000 to $50,000 can feel like a prohibitively expensive amount to spend all at once. But Art Money, a company that launched in the U.S. during EXPO Chicago, is looking to change the mental math behind buying a work of art.
Read the whole article here.