FAQs
What is NAAC?
NAAC is an art collecting club. We offer our members curated, exclusive, not-to-be-missed acquisition opportunities.
NAAC is a club of passionate art enthusiasts and collectors who would like to share the benefits of investing in the art world with a new group of potential investors.
Our ultimate goal is for everyone to appreciate art and have the opportunity to uncover, learn about and support new and different artists. In doing so you will share in the success of the artists you support.
Remember, it’s an art club, not a fund!
How do I get in?
We would like to get to know our members. It all started with our close circles of friends.
If you would like to join the Club, please reach out and we will get in touch, get to know you and tell you more about how the Club works.
While we want to keep the Club intimate, we also believe in spreading the love of art. Feel free to share the good word and refer your friends and family if you think they would be interested in joining.
Why investing in art?
We believe art belongs in all investment portfolios. Auction house price history shows that Contemporary Art returns have consistently over performed most other asset classes. It is also less correlated to the global economy.
We will look to source emerging talent with proven collection history (private collectors, foundations, museums…) with a strong gallery representation and solid auction history when applicable.
We will look to offer artworks between 5,000£ - 30,000£ in value. We believe this provides the best opportunities for return on investment.
How does the exit work?
One of the biggest barriers for individual art collectors can be their ability to monitor the market, access information, build a network and eventually know when the time is right to sell.
This is where we come in. At NAAC our expertise is to maximise the value of the artworks we place on offer.
Exiting your investment is only possible at the time we sell the artwork and return the proceeds to the investors.
As for the entire process, we take care of everything from prospective calls to potential buyers and auction houses, to dealing with the logistics of the sale, and managing the financial flows.
What about logistics?
We realise some of the artwork we are offering will not fit in your living room. We think logistics are another important obstacle of entry for new art collectors.
NAAC has you covered! We take care of collecting the artwork. We ship it to our professional storage facility and insure it in line with industry standards.
The costs of storage and insurance are covered by NAAC.
NAAC also provides condition assessment reports when we acquire the artwork and throughout its holding period.
Where does my money go?
Members are offered regular opportunities to collect exciting artworks through bite-sized acquisitions, called NAACkets.
Once you have paid for your NAACkets on the website or directly through us, we will acquire the artwork from the seller.
We bundle the acquisition costs together so the only cost to you is the price of the NAACkets.
When the artwork is sold, NAAC returns the net proceeds to all owners of its NAACkets.
How are the investments structured?
NAAC provides the opportunity to invest small-size tickets into a greater number of artworks, diversifying your portfolio.
We want to keep things simple. We do not over engineer the acquisition of artworks, nor do we use leverage to acquire artworks or sell shares in a trust.
You remain the sole and full owner of your NAACkets until the artwork is sold. You cannot pass, sell, lend or securitise your NAACkets.
What are the risks involved? Can I loose my investment?
Investing in art involves a degree of risk. Owning artworks does not generate revenue, so investors will only enjoy a return on their investment if an artwork is eventually sold at a profit.
Timing of a sale is uncertain. No current market exists for NAACkets and artworks tend to be an illiquid asset. You must be prepared to hold your investment for an indefinite period of time.
Costs will diminish returns.
Investing in art is subject to numerous risks, including claims with respect to authenticity or provenance, physical damage, legal challenges to ownership, fraud, market and economic risks.