For centuries art was collected for its cultural, emotional, intellectual, political and economic value. 
 
Nowadays, collectors and investors turn to art for the benefits it offers such as asset protection, wealth preservation, portfolio diversification, low correlation with financial markets, profitability and other hedging possibilities in addition to its emotional and aesthetic qualities.

According to the Wealth Report 2023 of Knight Frank, the asset category art increased by 29% in 2022 and 91% over the last 10 years.

&nbsp;

Key factors for art as an investment:

Market Size 
The total market value of sales was estimated around $65 billion in 2021.&nbsp;

&nbsp;

Market Growth 
The $2.1 trillion global marketplace for art and collectibles will reach a forecasted $2,9 trillion by 2026.

&nbsp;

Trends 
Many auction houses and galleries shifted online. This has brought younger buyers to the market. Investors in general have increased their interest in art. As a result, the contemporary art market is setting a new trend for the future of art as an investment.

Name

Artist

Publication year

Size

Number of editions

Signature

Material

Splint Invest Platform Fee 
Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
 
External maintenance costs 
We are committed to providing the highest standards of storage, maintenance and insurance of your equipment on your behalf. The associated costs will be shared between the splint holders and included as an ongoing cost in relation to each asset. So if you own 1% of a bottle of an art piece, your splint account will be charged 1% of the associated costs. Further details and breakdowns are listed in the factsheet for each investment. 
 
Exit fee 
When you sell an investment, you will be charged a flat fee of 2% of the transaction volume. This includes our expenses for sales on the secondary market, our costs for maintaining this market and our organisation of an asset sale at the end of the contract.

“Giacometti, the most important Swiss artist of the 20th century and of timeless style, has experienced an exceptional surge in demand and value. Over the past decade, the global Giacometti market has more than doubled, making him rank among the top 12 best-selling artists by value.” - Javier Lumbreras, CEO at Artemundi 
 
See our successful exit achieved by Artemundi: <a href="https://splintinvest.onelink.me/2VXL/iiwlojfz">Chagall +15.4% net-return in 1.5 months</a> 
 
Who is Alberto Giacometti? 
Alberto Giacometti (1901-1966) is the most important Swiss artist of the 20th century and a leading figure of Modernism. Celebrated for his unique interpretation of the human figure, Giacometti ranks among the best-selling artists globally as his work lastingly impacted the turn of art history. Greatly appreciated by collectors and investors, the global Giacometti market more than doubled in the last decade and shows a steep upward tendency. Giacometti ranks among the top 12 best-selling artists by value and his market reached a turnover of over USD 64 million in 2023 alone. His work "L'homme au doigt" sold at Christie’s in 2015 for USD 141 million and even almost ten years later it remains the seventh highest selling piece of Impressionist, Modern and Contemporary art at auction. 
 
Giacometti’s principal work and fame evolve around his sculptures, yet it is his drawings and often preliminary sketches that allow us to perceive the creative process of his mind. Most of these works form part of renowned museum collections of 20th century art while privately held drawings are increasingly rare: only around 24 pieces come to the market per year. While the market volume for Giacometti’s works on paper remains steady, the market value increased by over 40% in the last decade as prices rise consistently. 
 
Portrait of Soshana 
The 1958 drawing by Giacometti portrays his dear friend and fellow artist Soshana Afroyim, with whom Giacometti shared a deep friendship until his death. The sitter appears seated with her hands crossed in her lap and looks directly at the beholder. Giacometti rendered in pencil the soft features of Soshana with her pinned-up hair, repeating the contours typical in Giacometti’s work. Yet, his depiction of Soshana deprives the vigorous intensity with which Giacometti drew many male figures, and here, instead, he turned to soft and gracious lines to echo the gentleness that his friend evoked. In his usual way, Giacometti focused on the sitter’s face, which marks the center of the composition, and gradually reduced details moving outward. Soshana’s silhouette is only partially lined out, yet the present lines suffice to understand her position, exemplary of Giacometti’s mastery. 
 
Born in Vienna, Soshana Afroyim (1927-2015) was an Austrian artist who lived and worked in Vienna, London, Paris, New York, Cuba, and Mexico. A restless soul, Soshana also traveled widely through Africa, where she portrayed Albert Schweitzer, and through Asia, where she absorbed Asian calligraphy influences in her later work. When Soshana was only eleven years old, her family fled Nazi-occupied Austria and settled first in Paris, then in London, and later in New York, where she attended various art schools and began painting. She quickly became a skilled portrait painter and portrayed well-known personalities, including author Thomas Mann, artist Albert Gütersloh, women’s rights activist Anita Whitney, philosopher Isaku Yanahihara, and many more. Soshana also became acquainted with artists Pablo Picasso, Mark Rothko, Yves Klein, and Marc Chagall. A special bond connected her with Alberto Giacometti, whom she considered one of her best friends and portrayed various times, including postmortem in fond memory of the Swiss artist. 
 
Sell your Splints? We now provide you with the option to repurchase your splints at market value anytime. Please note that an additional processing fee will apply. The processing fee varies based on the volume, investment, and your holding duration. Use the contact form to initiate the process.

The price of 98,800 € includes the Splint Invest platform fee and external maintenance costs of 4,800€. 94,000 € can be allocated to the asset. 
Platform Fee Splint Invest: Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
External maintenance costs: Shipping, handling, 4 years storage, and insurance.

Variable Costs

Delaware Freeport, 111 st Alan Dr, Newark, DE 19711, USA

40708 Alberto Giacometti, Portrait of Soshana, 1958

Since the beginning of 2020 until November, Giacometti has had 3 artworks sold for over 10 million dollars and 4 artworks that surpassed the million-dollar mark in the auction market. 
 
Since 2000, the Giacometti index multiplied fivefold, leaving far behind the S&amp;P 500 index and the Global Artprice index, which grew around half as much.

Return

The most expensive work sold at auction was "L'homme au doigt," which fetched $141.3 million in 2015. 
 
While the market volume for Giacometti's works on paper remains steady, the market value has increased by over 40% in the last decade as prices continue to rise steadily.

Stability

Comparable works by Giacometti sell for an average of over 300’000 USD, almost triple the purchase price.

Alberto Giacometti  Portrait of Soshana| 1958

Giacometti, a leading Swiss artist of the 20th century, is renowned for his unique depiction of the human form, greatly impacting art history, his work has significantly influenced art history and enjoys widespread popularity among collectors and investors. His market value has doubled in the last decade, with sales surpassing USD 64 million in 2023, ranking him among the top 12 best-selling artists worldwide.

Track Record

Since our foundation in 1989, Artemundi has evolved into an industry-leading art investment company with thousands of successful transactions and over a billion dollars managed in art. Artemundi is the trusted advisor of Spectrum Utilis, S.L.

Artemundi was born out of a rebellious idea and a principled objective: to help our clients build and diversify their art investments without the excessive fees associated with traditional brick-and-mortar art companies while adhering to transparent business practices. We specialize in art investments with expertise in Impressionist, Modern, Post-War and late XX century historical artworks, deliberately excluding contemporary emerging art for investment purposes. 
 
Since our foundation in 1989, Artemundi has evolved into an industry-leading art investment company with thousands of successful transactions and over a billion dollars managed in art. We have a successful track record providing expert art fund management, and other services. In addition, we have pioneered on a global scale the adoption of technology to create new investment opportunities through blockchain and art securitization. 
 
We know that art is a real and tangible asset that appreciates over time in addition to its priceless emotional, intellectual, and cultural value. 
 
DEDICATED EXPERTISE 
Decades of experience and our successful track record set us apart as the only art investment management company with a tested methodology. We achieve attractive rates of return for investors looking to diversify holdings into tangible assets with performance unrelated to the capital markets. 
 
REBELS BY NATURE 
Since 1989, we have grown contrary to traditional brick-and-mortar art businesses that carry huge overheads and excessive fees and commissions often on both ends.

Artemundi

CEO &amp; Art Collector 
 
Javier Lumbreras (USA &amp; Spanish citizen) is an investor, developer, fund manager, philanthropist, and art collector. He is widely recognized as a pioneer in the field of art finance, namely art funds. He is the current chairman of the board of directors of The Art Fund Association in New York. 
 
His 34 years of experience in managing art as an alternative asset, including securitization and portfolio management, as well as art collecting, museum endowments, and art-related estate planning, has earned him frequent invitations to lecture at international forums, including The Alternative Investment Association (CAIA), The Authentication in Art Congress in The Hague, the Sotheby’s Institute at the University of London, the Heckerling Institute on Estate Planning, the Art Investment Forum, the American Appraisers Association and Deloitte’s Art &amp; Finance conferences among others.

This is an investment opportunity where we have recalculated the expected performance given by the external expert (Artemundi advisor of Spectrum Utilis, S.L.) and have thus verified that a positive return can be expected after deduction of all costs for storage and insurance.

Furthermore, we have verified the existence, the professional storage and the insurance of the artwork.

Alberto Giacometti Portrait of Soshana| 1958

Asset's Life Cycle Details

Storage location

Asset ID

Token terms

Expert

Category

Status

Total number of Splints

Date of issuance (launch)

Issue price per Splint

Investment horizon in years

Time period for the divestment

Documents

Aurelio

Do you have questions?