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	<title>GalleristNY &#187; Loans Backed by Art Are a Hot New Trend, Says Artvest</title>
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		<title>GalleristNY &#187; Loans Backed by Art Are a Hot New Trend, Says Artvest</title>
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		<title>Loans Backed by Art Are a Hot New Trend, Says Artvest</title>

		<comments>http://galleristny.com/2012/04/loans-backed-by-art-are-a-hot-new-trend-says-artvest/#comments</comments>
		<pubDate>Fri, 06 Apr 2012 12:10:45 -0400</pubDate>
					<link>http://galleristny.com/2012/04/loans-backed-by-art-are-a-hot-new-trend-says-artvest/</link>
			<dc:creator>Dan Duray</dc:creator>
				
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		<description><![CDATA[<p><div id="attachment_16971" class="wp-caption alignleft" style="width: 310px"><a href="http://nyogalleristny.files.wordpress.com/2012/04/134089632.jpg"><img class="size-medium wp-image-16971" title="A Bonhams auction house employee poses f" src="http://nyogalleristny.files.wordpress.com/2012/04/134089632.jpg?w=300&h=210" alt="" width="300" height="210" /></a><p class="wp-caption-text">(Photo courtesy of Getty Images)</p></div></p>
<p>So you've got a Warhol on the wall, and it's appreciating in value, but you want to put some of that capital back into the market. Why not take out a loan using the painting as collateral? According to <a href="http://artvest.com/the-truth-about-art-financing-%E2%80%93-a-two-tier-system/">Artvest</a>, a company that offers art investment funds and analysis of such investments, it's a growing trend in the art market (<a href="http://artinfo.com/news/story/797602/navigating-the-art-loan-biz-a-surging-industry-attracting-both-big-banks-and-loan-to-own-sharks">Blouin Artinfo also recently noted the development</a>), representing some $7 billion in loans.<!--more--></p>
<p>You might not be able to pull it off, Michael Plummer writes on the company's blog, because "it is easy to get a loan against a work by Warhol but very difficult to get a loan on one by Banksy." But if you're successful, and a strong investor, it's a way to garner an even better return on investment from your art.</p>
<p>Marion Maneker offers more <a href="http://artmarketmonitor.com/2012/04/05/the-14bn-in-art-pledged-as-collateral-on-art-loans/">analysis</a> of the trend on his site, where we first found the post.</p>
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		<content:encoded><![CDATA[<p><div id="attachment_16971" class="wp-caption alignleft" style="width: 310px"><a href="http://nyogalleristny.files.wordpress.com/2012/04/134089632.jpg"><img class="size-medium wp-image-16971" title="A Bonhams auction house employee poses f" src="http://nyogalleristny.files.wordpress.com/2012/04/134089632.jpg?w=300&h=210" alt="" width="300" height="210" /></a><p class="wp-caption-text">(Photo courtesy of Getty Images)</p></div></p>
<p>So you've got a Warhol on the wall, and it's appreciating in value, but you want to put some of that capital back into the market. Why not take out a loan using the painting as collateral? According to <a href="http://artvest.com/the-truth-about-art-financing-%E2%80%93-a-two-tier-system/">Artvest</a>, a company that offers art investment funds and analysis of such investments, it's a growing trend in the art market (<a href="http://artinfo.com/news/story/797602/navigating-the-art-loan-biz-a-surging-industry-attracting-both-big-banks-and-loan-to-own-sharks">Blouin Artinfo also recently noted the development</a>), representing some $7 billion in loans.<!--more--></p>
<p>You might not be able to pull it off, Michael Plummer writes on the company's blog, because "it is easy to get a loan against a work by Warhol but very difficult to get a loan on one by Banksy." But if you're successful, and a strong investor, it's a way to garner an even better return on investment from your art.</p>
<p>Marion Maneker offers more <a href="http://artmarketmonitor.com/2012/04/05/the-14bn-in-art-pledged-as-collateral-on-art-loans/">analysis</a> of the trend on his site, where we first found the post.</p>
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