Collecting Antiquities is a Timeless Passion

Archived in the category: antiquities, hicham aboutaam
Posted by Alex on 01 Apr 10 - 0 Comments

Hicham Aboutaam, co-owner of Phoenix Ancient Art, on why antiquities are timeless investments:

“There is no more supply. What is rare now will be even more rare in ten years. If a major find should be made in any of the source nations, it would be impossible for it to reach the market. The more you hold on to ancient objects, the more valuable they will become. Of course, the moment that somebody decides to sell something, it is usually expected that he will get less than he will like. But the moment a buyer decides to buy something, he is expected to pay a little more than the market value. Antiquities are traditional, not something that goes in and out of fashion. They have always been collected throughout history.”

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