The art market has become one of the cutting-edge new investment trends in recent years. According to Artprice.com, “The global auction profit has doubled in 10 years, from $103 million in 2000 to $1.89 billion in 2019.” For example, Jean-Michel Basquiat’s painting, previously purchased for $19,000 in 1984, currently sells for $110.5 million at Sotheby’s in New York, setting an auction record for American artists.
We believe that Lake Jr. Masterpieces are the future of art and his methods are spectacular, innovative and easily recognizable in the Art Industry. What makes his artwork unique? Like the pattern of a fingerprint, each composition incorporates X’s and circles, which a small child can identify the familiarity incorporated in his paintings amongst a collection of art.
In 1998 Jeff Bezos was one of the original shareholders in Google to invest $250,000. His initial investment resulted in 3.3 million shares of Google stock, worth about $3.1 billion in 2017. Google’s initial public offering occurred on August 19, 2004. A total of 19,605,052 shares was unveiled at a price of $85 per share.
The Lake Jr. Art Collection is rapidly becoming prominent in the Art Industry. Investing today during a time where prices are reasonable will benefit the benefactor in the long run. Art investments have been proven to make a good diversification for an investment portfolio, which is why the collection is the perfect investment. As individuals leave legacies, this invaluable work of art can be passed down from generation to generation as an accumulating asset to a secure future.