Takung Art Co Ltd (TKAT)

[StockLogistics]

“During World War II, the art market experienced a massive boom in occupied countries. Its discretion, the inflation-proof character, the absence of market interventions and the possibility to resell artworks abroad, have been named as the reasons to explain why investing in artworks was, and has continued to be, one of the most interesting and lasting opportunities.[1]

As a concrete example, the sales between 1942 and 1945 of the main French auction house Drouot were analyzed in a recent study by Kim Oosterlinck. By examining the 24,500 paintings offered in this period, Oosterlinck created an index from the repeated sales, finding that the average price of canvasses increased by 114% in just one year.”

https://artemundi.com/art-market-boom-during-wwii-with-drouot-auction-house-as-case-study/