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Oct. 21, 2018
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Arts and entertainment

Passion, appreciation outranks potential profits for art collection, says UBS

December 7, 2017

Galleries still serve as a guidance point for art collectors. Image credit: UBS Global Art

 

By Jen King

According to a new report from UBS, 41 percent of art collectors have never insured or appraised their collections because the hobby is not viewed as an investment, but rather a passion pursuit.

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  1. Day's wrap: Neiman Marcus, Rolls-Royce, Tamara Mellon, Nordstrom, McLaren and 24 Sèvres
  2. Gucci, GQ head to Iceland for latest short film
  3. Fendi looks to incite fashion frenzy with drop
  4. Register now: Women in Luxury conference New York, May 9
  5. Announcing: Luxury Marketing Forum New York Sept. 26
  6. Influencer marketing brings relationship building into digital age
  7. Bloomingdale's gamifies in-store shopping through Snapchat filters
  8. Luxury travelers value experiences over dining, sightseeing: Resonance
  9. Announcing Luxury FirstLook 2018: Exclusivity Redefined, New York, Jan. 17
  10. Subscribe now: Full access to 75,000+ articles, reports, videos and images
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