Assess their risks, liquidity, investments, returns, timeframes and other terms
Invest in fractionalized multimillion-dollar paintings
Invest in fractionalized fine wine collections and rare spirits
The minimum investment required is $15,000, which can be used to buy one or more assets.
Investing in art through Masterworks has risks, including concentration in a single artwork, limited insurance coverage, market volatility, and uncertainty in the secondary market.
Investing with Vint carries inherent risks, including market volatility and economic fluctuations that can impact the value of wine and spirits collections. The lack of a secondary market further increases risk by limiting early exit opportunities for investors.
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.
Vint currently does not offer a secondary market for the trading of interests in its wine and spirits collections, which means that investors generally lack immediate liquidity options.
Vint has achieved a net annualized return of 28.7%, calculated from realized exits of its investment offerings, reflecting the aggregate average performance of the platform's assets under management.
Vint's investment time horizon for its collections spans 1 to 3 years on average.
Masterworks welcomes individuals, corporations, or entities from any location, including the United States.
Investment opportunities with Vint are open to accredited investors, who must satisfy certain SEC-mandated financial criteria.
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.
The wine and spirits market experiences volatility, which can lead to rapid changes in the value of Vint's collections.
Masterworks provides SEC-approved offering circulars for each artwork, allowing public investment. AGD Legal reviews art investments annually.
Vint adheres to SEC regulations by providing offering circulars for public investment and undergoes regular audits to maintain financial transparency and regulatory compliance.
Artworks are insured for up to $500 million by Lloyd's of London, but coverage may not fully match the artwork's value.
Vint's investment assets are professionally stored and fully insured, with a strategic focus on location, primarily in the UK and additional facilities in the US, to align with potential sale markets.
Vint does not issue regular dividends; returns are generated from the sale of assets at a gain.
Investors should wait for the company to sell the painting to receive their share of the proceeds, after deducting fees.
Investors receive funds from Vint after a collection is sold and proceeds are distributed, less any applicable fees.
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.
Vint applies a transaction fee of 2.85% on both the purchase and sale of wine shares, encompassing costs for acquisition, storage, insurance, and selling. Additionally, there is a spread fee of 1.5% applied to the transactions of wine shares.
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.
After a collection sale, Vint issues pro-rata proceeds to shareholders and provides a 1099-DIV for tax reporting, prioritizing the settlement of any liabilities first.