I mentioned in my previous post about how Sue and I had to make investments to create a pension. When I realised that our shares-type investments were all doing badly, I decided that the time had come to “diversify” as the jargon goes.
At about the same time, a company sent me an invitation to invest in some established-artist artwork. Now I know nothing about this, and so was extremely cautious about the idea. However it seemed like a good concept, after enquiries into the company (Collins and Kent) and into the whole idea. One of the troubles for someone like me is: how does one know what an item is actually worth? There is no easy way to tell or find out.
To cut a long story short, we bought a short series of signed prints by Joan Miro, the Spanish artist, called the Graveur prints. One is shown above, here are the others:
They are each about 60 x 90cm
What are they worth? No idea. What did we pay for them? Compared to the second question, I have no idea about the first. How will we turn them into tangible assets (ie money) when the time comes? That, I now realise, is the key question to which I have no answer!