In view of economic fluctuations, financial crises, and low interest rates, many investors are looking for alternatives to traditional investments. Investments intangible assets such as antiques are for this reason quite interesting because they are not only beautiful to look at, but can also be used as “commodities” at the same time.
Nevertheless, the most important rule remains: Buy what you like! After all, you should feel comfortable in your surroundings. If you enjoy buying and owning antiques, you have killed two birds with one stone with this form of investment. However, it is important that the furnishings do not get too much wear and tear, as this can reduce their value.
In contrast to investments in stocks, bonds, or other financial products, which are ultimately only “virtual” on your computer, antique furniture and works of art are things you come into contact with every day at home. They benefit from a historical, cultural, decorative and financial heritage.
At first, an antique seems to guarantee something like the stability of value. No matter how the economy or the value of money may evolve, the old piece of furniture will always remain as a tangible object.
Of course, this does not mean that every piece of antique furniture will automatically increase in value over the years. Top prices are still paid for top antiques. In principle, they represent a separate market segment. Who engages itself here, must already reach deeper into the bag. Several tens of thousands or even hundreds of thousands of euros for an object are not uncommon. Also with such antiques high increases in value can be realized.
The most important at the end! The sale from art sales is tax-free if you have previously held the object for more than one year!
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