Photographs for Investors
Zelda Cheatle, a gallery owner from London, is going to have her biggest deal at the end of August. She is going to sell 4000 photographs, reports Julia Werdigier from the New York Times. Among those pictures is a photo of Pablo Picasso by Brassai or a print of Malcolm X by Eve Arnold. But this deal has nothing to do with Cheatle's gallery. It is intiated by a photography investment fund that she manages set up by the hedge fund WMG in London. Some investors spent the money to buy the pictures and hope for good returns. Photography and art is no more an exotic investment since the auction prices increase as much as during the past ten years.
posted by Photography Collection at
2:48 PM
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