The acquisition of a work of art is an aesthetic and financial investment, a blend of pleasure and profit.
Art today represents a solid and constantly growing international market. Less sensitive to economic crises and geopolitical events than other financial assets, the art market stands out from other assets such as shares or real estate. Independent from the economy and the stock market, the art market obeys its own rules, is self-regulating and its growth remains constant. This means that return on investment can be spectacular in some cases and encourages the growth of capital.
The French tax system is specific and particularly attractive in this area: works of art not subject to the solidarity tax on wealth are deducted at 100% from the tax, and at a limit of 0.5% of turnover for businesses (law of 1 August 2003, article 238b AB of the CGI).
If speculation makes the art market more volatile, indeed opaque, investment very often pays off in the long term. Time is absolutely key to the development of an artist’s rating. This rating is based on various criteria: career, credentials, advocacy on the part of galleries, museums and institutions, networks, collectors, prices obtained, results achieved at auction, rarity of works, media coverage and so on.
Investment in this area requires careful attention to be paid to a range of private and public factors (institutions, galleries, auctions, collectors, artists etc.). The key qualities of LDAC are its intimate knowledge of this market down to the smallest details and ability to identify those works whose appreciation in value are likely to be considerable in the long term – all after ascertaining your personal preferences and setting out a purchasing strategy, whether public or private, in France or abroad.
LDAC is able to anticipate fluctuations, to home in on new offers and opportunities and to guarantee the quality and value of your acquisitions by negotiating the best possible transaction for your account.
A thorough knowledge base, analysis of the market and networking efforts are all brought to bear to ensure a rigorous, optimum investment process.