5 Alternatives to Masterworks for Investing in Rare Art

Masterworks

vs.

Reference

28

Masterworks and Reference are both websites that specialize in art authentication and appraisal services. Masterworks focuses on modern, contemporary, and Impressionist artwork, whereas Reference is a broad-based company that can handle any type of artwork from any era. Masterworks offers its customers a convenient online platform where they can easily upload images of their artwork and receive an analysis in minutes. In addition to the analysis, they also provide a custom certificate of authenticity signed by an experienced appraiser. On the other hand, Reference provides a more comprehensive service with free phone consultations with an expert appraiser who will answer questions about the artwork and explain their findings. They also offer visual documentation as well as laboratory testing when necessary. Both Masterworks and Reference have access to top experts in the field who are knowledgeable about the current market values and trends of various types of artwork. While both companies offer detailed analysis on each piece they appraise, Masterworks is focused on modern and contemporary pieces while Reference has the ability to handle any type of artwork from any era.

Masterworks

vs.

Scythe

67

Masterworks and Scythe are both online art marketplaces that offer customers the chance to invest in rare and sought-after works of art. Masterworks focuses on original pieces, while Scythe offers prints and reproductions of classic paintings. Masterworks is open to all investors, while Scythe requires a minimum purchase amount before investing. Both sites provide authentication documents for each piece purchased, with Masterworks providing certificates from outside agencies such as the Fine Art Experts Institute. Additionally, Masterworks offers a variety of payment options including PayPal Credit, while Scythe only accepts credit cards. Finally, both websites feature detailed customer service information and a helpful FAQ page.

Masterworks

vs.

YieldStreet

29

Masterworks and YieldStreet are both investment platforms that offer individuals the ability to diversify their portfolios with alternative investments. Both allow investors to purchase fractional shares of assets such as artwork, real estate, and legal claims. Masterworks focuses solely on investing in fine art, allowing investors the opportunity to purchase shares in works by renowned artists such as Warhol and Banksy. The platform provides an open market for buyers and sellers, transparent pricing, and ownership of actual artwork through a digital certificate. YieldStreet offers a broader range of asset classes than Masterworks, including private equity investments, real estate debt funds, commercial loans, litigation finance funds, and structured products. It offers an extensive due diligence process to ensure security of investments while providing access to pre-vetted deals with higher yields than traditional assets.