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Passion Assets: A True Love of Collecting

Art Peritus

Like conventional assets such as real estate, stocks, and bonds, passion assets can also serve as collateral for loans, provided their value exceeds the debt plus interest. For example, appraisals for Fair Market Value or Marketable Cash Value guide lenders in structuring asset-backed collateral loans.

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The Importance of Contemporary Art Appraisals

Art Appraisal Resources

Loan Collateral Art collectors or investors who use their contemporary art as collateral for loans may require an appraisal to determine its value as security. They will also look for specific characteristics that may influence its value, such as the medium, size, complexity, and rarity.