We believe that true wealth is not based on material but on mental and cultural aspects. We know that during the 14th and 15th centuries that the famous Florentine Medici family was patron to Renaissance artists. The principal cause of the family’s prosperity is said to be due not to politics or power, but to its sponsorship of the arts, supporting culture as a whole. Today, into the 21st century, many companies are attempting to build up art collections. Investment in art contributes to culture and benefits the company at the same time strengthening and improving its image - which will lead to greater acceptance of the type of system in question. But, please, take not of all the private big investors that put a lot of their cash in art. Maybe of only two reason. First as a nice decoration of the home and second as investing in art is a very secure and nice way to invest money. You enjoy the art every day. It will not be the same decorating your walls with share capital. The Chase Manhattan Bank, for example, has been a collector of art for fifty years - aware of how profitable this is for the company. The promotion of the art business implies considerable prestige, which in turn reflects upon the company, as in the case of companies such as IBM, MOBIL, PEPSICOLA, etc. This strategy adopted by such companies in relation to art has meant a real “boom” reflected by the lively activity witnessed in the paintings business. In the New York and London auction markets it is evident that high
prices encourage even higher prices - in this way two giant auction
houses, Sotheby’s and Christi’s, have increased their For these reasons, the company MIROL INVEST was constituted on this new art-associated system. Thus members of this fund can enjoy ownership of worldwide fame whilst generating income, this being a highly profitable investment, which has the added advantage of contributing culturally, via exhibitions, etc. The acquisition of works of art constitutes both an investment and a hobby. The purchase and sale of art does not involve such (restrictive) “rule enforcement” as does investment in property. Ownership of art is simple. It is at the time of valuation that problems can arise: Ensuring that the purchase or sale price is satisfactory, ascertaining the authenticity of the work, etc., is where professionals with experience in this field are essential. The system in question facilitates ownership of works of art, which is to the advantage of the client or fund member as well as to WORLDWIDE FINEART itself. Presentation or the art-based method Our objective is to invest in Great Masters due to the fact that the exchange and price fixing of the later is easier. What I mean is: artists as Chagall, Picasso, Miró, Dali, and also the new big names as Theo Tobiasse, James Coignard, Bengt Lindstrom, Vasarely and many others. We will make a collection of both original works and graphics. |
Via experience, this system guarantees total security The ownership of a painting is shared amongst the members. These members are obliged to maintain their corresponding and proportional part during a determined period of time before sale of the asset can be embarked upon. MIROL INVEST will also hold shares in the painting or art form bought by the company - whilst leading the operation the company guarantees The fund’s investments and privileges regarding the possession of whatever work of art. The purchase of a painting or other art form involves its maintenance administration and its later sale that requires the experience of professionals for which reason there exist companies that manage the entire process. Members of the fund are free to view acquisitions whenever they wish. The artworks will be displayed in the ________________________________ which will act as administrator to the works. Maintenance CostsSome of the artworks can be loaned to museums and/or cultural exhibitions. Maintenance costs will be reduced and maybe covered by the above-mentioned lending of the works of art. SalesThe team of professionals MIROL INVEST will analyze the percentage price increase, style or artistic movement within the art auction market. The artworks will be put up for sale when considered opportune and will be auctioned by Sotheby’s and/or Christi’s - these auction houses established since two hundred years ago and being of premier category worldwide in terms of auctioning art. Note; can also be sold direct to private investors. The profit to be paid out is equivalent to the sale price, minus general costs (auctioneers costs included here) divided amongst the fund members.
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Why should I share the purchase of a picture I like with the fund? The acquisition price of a piece of artwork can be extremely expensive - the artwork could be a forgery and there are maintenance and administration costs to be paid. All these entail considerable risk and it is for this reason that MIROL INVEST facilitates the operation and bears the risk Add to this that we are professional art dealers with straight contacts with many international painters and big international art-galleries. |
As regards the putting up for sale of a work of art that decides, when, and where? MIROL INVEST holds the responsibility — as have extremely good and professional contact after our time in gallery business in Sweden, Norway and also Monaco, (in which places we was dealing a lot with international art) its professional team ascertains the appropriate time and price of the sale through daily consultation of the art market. |
If the works of art belong to the group owners of the fund why then does MIROL INVEST reserve the right to decide upon the sale? The
entire process from purchase to sale of the artwork is the responsibility
of MIROL INVEST - costs are charged to MIROL ART-FUND INVEST.
Its supervisory role facilitates the sharing out of profit amongst
the members to avoid confusion. Note; what said before; International contact
with Artists, big art-galleries, Art-fairs in
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Many forgeries are known to exist, what would MIROL INVEST do if a forgery had been purchased by the fund? Before the purchase of a work of art, thorough analysis of our professional team and experts is made to ensure that the above does not occur - if it were to happen, MIROL INVEST would bear all costs incurred |
How is the purchase chosen? MIROL ART INVEST analyses the art market and studies and chooses the most advantageous profitable artists. |
What happens if/when paintings are stolen or damaged by fire? All the works of art are insured with several insurance companies. The fund pays yearly insurance policy quotas. |
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This first collection of art will be named; |
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All the members in the “MIROL INVEST ARTFUND” will receive a nice photo-album with photos and description of all the art that belongs to the fund. |
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to start this fund, = 20.000.000.- |
The minimum investment will be 5.000 This means 4.000 shares. Your investment in the fund will be confirmed both by MIROL INVEST and our lawyer. One owner-document will be send on the same time. MIROL INVEST will keep 10% of this investors money for covering the cost for buying and traveling etc. Full information will be given to every investor in the group. Before the whole investment-sum is collected the money will be in a bank and the interest will belongs to the group. Even before all the 20.000.000 USD have been invested to the MIROL INVEST ARTFUND, buying of art can start and we will present to the owner what art the MIROL INVEST have been buying. The idea is that the art will be hold for a minimum year of 5. If MIROL INVEST find it of interest to sell some pieces of art before 5 years we will have the right to do so, (depends on the market and time-situation) and, of course, inform the investors. Of the price that MIROL INVEST ARTFUND will receive from auction-house or from private MIROL INVEST will keep 5% and the rest to be divided between the group depending on the sum the different investors have invested in the fund. Of course, members of the fund can always give a separate offer on some of the objects that will be of private interest for them. MIROL INVEST will negotiate with the client and, after consulting the rest of the members, make the decision of accepting the price or not. Majority of the members need to be for yes or no. If 50/50, the MIROL INVEST has the last word of power to make the decision. When the MIROL
INVEST Art-Fund 1 - will be complete and more investors like to come in to the fund
the MIROL Art-fund - 2 will be set up. The capital for this fund
will be increased to 50.000.000 |
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As art-lowers, you have two choices.
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Buy art as a collector or be one investor in the fund of MIROL INVEST Art-Fund 1 If you are a collector you will easily fell in love with your paintings. Here I am talking of my own experience! When, and if being one investor in the fund, you don’t involve your feelings. You will just be thinking of money. US$ But, of course, if you like to create your own art-collection, We = (Mirja and myself) have done that. There is absolutely nothing wrong in this. With professional advice and support you can invest your money in to a unique collection that will give you many years of pleasure. And, of course, this advices and support you will be given by us = Mirja and Olof. |
Normally, in one large-scale collection, and with professional advice, the results will be, that 20% of the collection pays for it all many many - times. 60% will be one extremely good investment and the rest 20% - well - maybe not the best investment but, in any way, keeping the prices. |
More information direct from:
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Specific your question (if any) and send them e-mail artfund@mirolcentre.com Be sure, we will be happy to come back to you. |
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Please, sign our GUESTBOOK or e-mail = artfund@mirolcentre.com Back to “MAIN PAGE” |
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If you have questions, please send us an e-mail = artfund@mirolcentre.com Welcome to contact us. I look personally forward to hear from you Best regards Hans Olof Savasen Chairman and Principal, MIROL INVEST |
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+34-695-924862 = mobile only = 24 hours a day. |
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+34-971-514556 = telephone & fax ------ but still, please use my e-mail = |
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MIROL INVEST Alta de apartamento numero 45 AP Visiting
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Where do you like to go from here ? |
