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.

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Key factors for art as an investment:

Market Size 
The total market value of sales was estimated around $65 billion in 2021.&nbsp;

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Market Growth 
The $2.1 trillion global marketplace for art and collectibles will reach a forecasted $2,9 trillion by 2026.

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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.

Why Invest in Günther Förg? 
A Visionary Artist 
Born in 1952 and deceased in 2013, Günther Förg emerged as one of Germany's most significant artists of the post-war generation, heralding a new era of artistic exploration and pushing the boundaries of traditional mediums. One of the defining characteristics of Förg's oeuvre is its remarkable diversity. He seamlessly moved between sculpture, painting, printmaking, photography, and drawing, often blending these mediums to create hybrid works that challenged artistic conventions. This interdisciplinary approach foreshadowed the rise of installation art, making Förg a visionary ahead of his time. 
 
Early Years and Conceptual Foundations 
He studied at The Academy of Fine Art Munich from 1973 until 1979. During these early years, Förg painted almost exclusively black monochrome acrylic paintings with a translucent gray coat, giving a veiled surface effect. These early investigations into monochrome and abstraction were the foundation of his commitment to Conceptualism against the predominant trend of figurative painting at the time. 
 
Photography and International Acclaim 
In the early 1980s, Förg temporarily abandoned painting to focus on photography, documenting significant architecture from unique perspectives. His large-format grainy photographic works achieved critical acclaim and were exhibited at major museums internationally. 
 
Blurring Boundaries: Sculpture and Painting 
In the late 1980s, Förg returned to painting but with the inclusion of new materials like wood, lead, and bronze, thus blurring the lines between sculpture and painting. When creating bronze sculptures, he treated the surface like brushstrokes, adding a painterly quality to three-dimensional artwork. 
 
The Iconic Grid Paintings 
Beginning in the 1990s, the renowned ""Gitterbilder"" (""Grid Paintings"") emerged in Förg's work. A synthesis of sorts, encompassing his experiments with Conceptualism and his research on architecture, the grid paintings created the illusion of space and structure. Later, Förg incorporated a brighter palette and a more expressive touch to his grids through the use of intersecting colors and vibrant brushstrokes. 
 
Works on Paper and Modernist Legacy 
Förg also delved into works on paper, applying acrylic, oil, and gouache onto various surfaces with gestural fluency. Working in various scales, he approached his work with gestural fluency and an improvisational hand, addressing formal and chromatic relations on a two-dimensional surface. Throughout his career, Förg remained dedicated to investigating modernism and its legacy, pushing artistic boundaries with each new exploration. 
 
Prestigious Collections 
Today, his works are in the collections of the Hamburger Bahnhof in Berlin, the Tate Modern in London, the Museum für Moderne Kunst in Frankfurt, the Museum of Modern Art in New York, the San Francisco Museum of Modern Art, the Broad in Los Angeles, and the Louisiana Museum of Art in Denmark, among others. 
 
Selected Solo Exhibitions 
2024 
Galerie Edouard Simoens, 'Günther Förg', Knokke-Heist, Belgium 
CAC Málaga, 'Günther Förg: Legacy of Modernism', Málaga, Spain 
Galerie Max Hetzler, 'Häuser Und Fenster', Berlin, Germany 
 
2023 
Galerie Bärbel Grässlin, 'Günther Förg: A Silence Already Filled With Noises', Frankfurt, Germany Hauser &amp; Wirth, ‘Günther Förg: Tupfenbilder,’ London, UK 
Galerie Lelong &amp; Co., 'Peintures sur Canson', Paris, France 
 
2022 
Galerie Thomas, 'Günther Förg', Munich, Germany 
Galerie Max Hetzler, 'Günther Förg: Exposition Collective 1974-2007', Berlin, Germany 
 
2021 
Tarmak22, 'Günther Förg: Mostly Landscapes', Gstaad, Switzerland 
Galerie Lelong &amp; Co.,'Günther Förg: Petits Formats', Paris, France 
Galerie Max Hetzler, 'Günther Förg: Constellations of Color', London, UK 
Hauser &amp; Wirth, 'Günther Förg: Appearance', Los Angeles, CA 
Almine Rech Gallery, 'Günther Förg: A Game of Chess', Paris, France 
 
2020 
Galerie Edouard Malingue, 'Günther Förg: 1986-1992', Hong Kong 
Galerie Lelong, 'Günther Förg: ""Standomi un giorno solo a la fenestra...”', Paris, France 
Galerie Bärbel Grässlin, 'Günther Förg: Ohne Titel, 2008', Frankfurt, Germany 
Hauser &amp; Wirth, 'Günther Förg: Surface of Bronze', Zurich, Switzerland 
Galerie Mikael Andersen, 'Günther Förg: Works 1988-2007', Copenhagen, Denmark 
 
Selected Group Exhibitions 
2024 
Galerie Thomas, 'Diversity in Visions', Munich, Germany 
Almine Rech, 'Monaco Opening Show', Monaco 
Galerie Max Hetzler, 'On Paper', Paris, France 
Galerie Max Hetzler, 'Works from the Eighties and Nineties', Berlin, Germany 
Skarstedt, 'Selected Works', Paris, France 
 
2023 
Galerie Max Hetzler, 'Remembering, Envisioning, Sensing Landscape', Berlin, Germany 
Galerie Max Hetzler, 'Surface Works', London, UK 
 
2022 
Galerie Thomas, 'Works on Paper - Highlights', Munich, Germany 
Almine Rech, 'Dialogues', Paris, France 
Hauser &amp; Wirth, 'Chromophilia', Zurich, Switzerland 
macLYON Musée d'art contemporain de Lyon, 'Une histoire de famille : Collection(s) Robelin', Lyon, France 
 
2021 
Almine Rech, 'Portraits / Abstraits', Paris, France 
Almine Rech, 'Un Hiver à Paris', Paris, France 
Galerie Arnoldi-Livie, 'Master Drawings 1500-1950: Kulmbach to Beckmann and Picasso. In Dialogue with works by Günther Förg and Fred Sandback', Munich, Germany 
Galerie P. W. Richard, 'Sean Scully / Robert Mangold / Günther Förg / etc.', Berlin, Germany 
 
2020 
Galerie Thomas, 'Shaping Contemporary Art', Munich, Germany 
Galerie Max Hetzler, 'FIAC at the gallery', Paris, France 
Salon Dahlmann, 'Abstract Art from the Miettinen Collection', Berlin, Germany 
Galerie Edouard Simoens, 'Summer Exhibition', Knokke-Heist, Belgium 
Galerie Max Hetzler, ‘Bed and Clock, Moon and Beach: Edvard Munch’, Berlin, Germany 
Hauser &amp; Wirth, 'Stronger than Language', St. Moritz, Switzerland 
Galerie Lelong, ‘Rhythms and Vibrations‘, Paris, France 
 
Why invest in Untitled 87 Series 
A Unique Medium 
The dark watercolors of the series Untitled 87 convey a severity that is unusual for its medium. They remind of a glimpse out of the window where the slowly falling night or a black-painted window glass blocks the direct view of the landscape behind. Occasionally, only a few colored spots light up. Black dominates the image structure, arranging and organizing the composition, at times even dissolving it. In these works, Förg also uses figurative elements. One recognizes window frames, crosses, and even spider webs, but these could also be plain abstract forms. 
 
Prestigious Galleries 
Since 2018, the artist’s Estate has been represented by Hauser &amp; Wirth, one of the most prestigious galleries worldwide, which has contributed to introducing Förg’s work to wider audiences and new generations internationally through exhibitions and by supporting the publication of the artist’s catalogue raisonné. From 2021 to 2024, prices have surged by +84% from selected comparable auction sales. 
 
On the Rise 
Günther Förg is ranked 119th in Artprice.com's top 500 world rankings of best-selling artists at auction in 2024 based on turnover. He was ranked 158th in 2023 and 167th in 2022. Förg is regarded as one of the most important German artists of the post-war generation. His work has received critical acclaim and recognition in the art world, making it highly sought-after among collectors and investors. 
 
Below Market Value 
Prices at auction for similar works—multiple-part watercolors on paper—have increased from $6,144/part in 2021 to $11,300/part in 2024, marking an 84% rise over 2.5 years and averaging a 34% annual increase. Additionally, the artwork offered (“Untitled 87”) was valued at a 34% discount ($7,500/part) to the current market price, providing an extra potential return of 11% annually.

The price of 89,750 € includes the Splint Invest platform fee and external maintenance costs of 6,100 €. 83,650 € 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

SEV Société des Entrepôts Vevey S.A., Port Franc, Av. Reller 1, 1800 Vevey, Switzerland

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Prices at auction for similar works—multiple-part watercolors on paper—have increased from $6,144/part in 2021 to $11,300/part in 2024, marking an 84% rise over 2.5 years and averaging a 34% annual increase. Additionally, the artwork offered (“Untitled 87”) was valued at a 34% discount ($7,500/part) to the current market price, providing an extra potential return of 11% annually.

Return

Förg's artwork has garnered widespread critical acclaim and recognition within the art world. His pieces have been showcased in prominent museums worldwide and featured in numerous solo and group exhibitions. Additionally, the exclusive representation of the Estate Günther Förg by Hauser &amp; Wirth, one of the largest and most prestigious international galleries in the contemporary art world, along with the active participation in the artist's secondary market by other renowned galleries such as Almine Rech, Galerie Lelong &amp; Co., Galerie Max Hetzler, and Galerie Thomas, provide a stable foundation that will likely continue to drive steady price increases for Förg's works.

Stability

Förg is regarded as one of the most important German artists of the post-war generation. His work has received critical acclaim and recognition in the art world, making it highly sought-after among collectors and investors.

Günther Förg, Untitled 87, 1987

Günther Förg is ranked 119th in Artprice.com's top 500 world rankings of best-selling artists at auction in 2024 based on turnover. He was ranked 158th in 2023 and 167th in 2022. His work has received critical acclaim and recognition in the art world, making it highly sought-after among collectors and investors.

Track Record

M&amp;A Arts represents the leading edge in art and finance, spearheaded by Asher Edelman, the renowned investor and art collector. With an unparalleled experience and extensive relationships in the art world, M&amp;A Arts offers deep knowledge and expertise in the financial aspects of the art market.

M&amp;A Arts is a Swiss company at the forefront of the art and finance sectors. It was founded in 2023 by Asher Edelman, the renowned financier and art collector, and his wife, Michelle Edelman, who has dedicated her career to managing, promoting, and placing international artists, connecting global opportunities with galleries, museums, art fairs, and private sales. 
Together, Asher and Michelle bring decades of experience and expertise and a unique vision to drive success in the dynamic realm of art and finance. Alongside a diverse team of experts in the fields of art, finance, and business, they have cultivated an unparalleled understanding of the intricacies of the art world. 
 
M&amp;A Arts is positioned to become a leader in art-related businesses, facilitating the creation of new investment opportunities by identifying and sourcing works by artists with the highest investment potential.

M&A Arts Sàrl

Asher Edelman is an internationally recognized financier, art collector, and innovator in art finance. Asher began collecting art in the early 1960s, earning recognition for his early identification of artists such as Jasper Johns, Cy Twombly, Robert Rauschenberg, Brice Marden, and Jean-Michel Basquiat. His passion for art led him to create the FAE Musée d'Art Contemporain in Pully, near Lausanne, which launched the first European retrospective exhibitions of Jean-Michel Basquiat and Roy Lichtenstein. He has also run various companies in the art sector, including activities related to lending, leasing, advisory services, and artist management. 
 
Michelle Edelman brings over 30 years of experience in branding, marketing, and Contemporary Art. She founded Traffic Creative Management and TRAFFICARTS, a leading creative agency and artist incubator in New York City, specializing in brand design and advertising, as well as the management, promotion, and placement of international artists with galleries, museums, art fairs, and private sales. 
 
Cedric Autet is a seasoned executive with wide expertise in financial operations and art finance. He has a proven track record of delivering value through strategic planning and execution of various art-related transactions, including lending, leasing and fractionalization.

This is an investment opportunity where we have recalculated the expected performance given by the external expert (M&amp;A Arts) 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.

Günther Förg, Untitled 87, 1987

Asset's Life Cycle Details

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Aurelio

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