Invest in fractionalized multimillion-dollar paintings
Invest in wine and whiskey
Investments
$15,000
The minimum investment required is $15,000, which can be used to buy one or more assets.
Moderate Risk
3/5
Investing in art through Masterworks has risks, including concentration in a single artwork, limited insurance coverage, market volatility, and uncertainty in the secondary market.
Moderate Risk
3/5
Investing with Vinovest involves market fluctuation risks, potential loss from early sale fees, limited insurance coverage, and no guarantee of liquidity or fair value realization on the secondary market.
Moderate Liquidity
2/5
You have the option to trade shares on the platform's secondary market, but there are certain restrictions on what and how you can trade.
Moderate Liquidity
2/5
Vinovest permits selling of assets with no extra commissions but charges a 1.5% listing fee for sales made before the ideal time window. Liquidity is not guaranteed and depends on market demand.
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Moderate Return
8.9-13.8 %
Between 2015 and 2022, whiskey and fine wine have historically generated annual returns of 13.8% and 8.9%, respectively.
Long-term Investment
5-10 years
Vinovest offers three time horizons for wine investment: short-term (5-7 years), medium-term (7-10 years), and long-term (10+ years), with customization options for higher-tier clients.
Who can invest
International
Masterworks welcomes individuals, corporations, or entities from any location, including the United States.
Who can invest
International
Vinovest is open to investors who can meet the platform's minimum investment thresholds, catering to a wide audience from beginners to seasoned collectors and various entities.
Moderate Volatility
3/5
Art market fluctuations can lead to rapid price increases and declines, posing risks for short-term investors who may lose a significant portion of their capital.
Moderate Volatility
3/5
Vinovest's assets, like wine and whiskey, can face market volatility with swift price changes, posing risks of financial loss for short-term investors.
Regulation and audits
SEC Regulated
Masterworks provides SEC-approved offering circulars for each artwork, allowing public investment. AGD Legal reviews art investments annually.
Regulation and audits
Audited
Vinovest is audited annually by insurers and an independent auditor but is not SEC-regulated as it does not deal in securities.
Insurance
Yes
Artworks are insured for up to $500 million by Lloyd's of London, but coverage may not fully match the artwork's value.
Insurance
Yes
Vinovest insures client assets against damage, with reimbursement at full market value, although not all loss scenarios may be covered.
Withdrawals
Investors should wait for the company to sell the painting to receive their share of the proceeds, after deducting fees.
Withdrawals
Investors get money back from Vinovest after selling matured or scarce wines, generally within a 10 to 15-year timeframe.
Extra Fees
Yes
Masterworks charges a 1.5% yearly fee in equity, takes a 20% cut on art sales profits, and has a one-time sourcing fee per investment.
Extra Fees
Yes
Vinovest charges tiered management fees: 2.5% (Standard), 2.35% (Plus), 2.15% (Premier), and 1.90% (Grand Cru), applied only on invested capital. A 1.5% selling fee is incurred upon sale, with free listing.
Taxes
Tax Form
US taxpayers: subject to collectible gains rate (capped at 28%), unless owning 10%+ of a single painting. Masterworks provides a free Consolidated Tax Statement. Foreign investors: no US taxes or tax withholding.
Taxes
Annual Statement
Wine gains taxation through Vinovest depends on location: taxed as collectibles in the U.S., often exempt in the U.K., with similar exemptions in other countries. Vinovest provides monthly and annual statements for tax reporting, not 1099 forms.