Canvass The Opportunity: Your Guide To Investing In Australian Art
Art presents a unique investment opportunity, by which it can be enjoyed while it appreciates in value. Jack Phillips investigates the potential of investing in Australian art.
Editor’s Note: This story originally appeared in Volume III of B.H. Magazine. For access to future issues, subscribe here.
Yves Hernot’s extravagant Sydney penthouse is a gleaming mishmash of mirror and gold, a lavish backdrop for an art collection he claims is worth “over one million dollars.” Perched high above the glittering harbour, with Hyde Park and St Mary’s Cathedral just beyond, it’s undeniably a million-dollar view. Several, I would expect.
For 70-something Hernot, art has been a lifelong obsession. His collection is so extensive…