F.A.Q.

Who is it for?
The user of the ART SHARE service is a private client, a consumer, collector or investor in the contemporary art field who is interested in making a good short-or medium-term profit or in purchasing exclusively a work which they like.

How can I invest?

The purchase is made online on this site in the Artworks section.

You choose the work and indicate the number of shares you wish to purchase, with a maximum of five shares, in order to allow a wider diffusion of the ownership of the shares.

It is necessary to sign the regulation and provide the requested data.

Payment is made by credit card or bank transfer. The completion of the purchase is subject to collectionThe purchase is made online on this site in the Works section. Choose the work and indicate the number of shares you wish to purchase.
You must accept the regulations and provide the requested personal data. Payment is made through credit card or bank draft. Completion of the purchase depends on the receipt of payment.

What am I buying?

The ART SHARE project offers shares of art works.

We are not selling a financial product.

We are selling co-ownership shares in a work of art.

How is the co-ownership managed?

The work made available for purchase is kept in a trust which safeguards the whole work. Art Shares deals with the sale and uses its experience to maximize economic performance.

How long does it last?

The operation lasts until Art Shares sells the work on the market.

The work is managed with the aim of obtaining the sale with the best result in the shortest possible time.

If the work is not sold on the market within five years, the administrator will evaluate whether to offer the work at auction.

The conclusion of the sale of the entire work on the market is communicated on the website www.artsharesales.com.

When do I get reimbursed?

Within 30 days of the sale of the work the proceeds are divided up among all the co-owners on the basis of the shares held by each one, as described in the Example section. Payment is made via bank draft onto the account indicated by the collector.

How much does it cost?

ART SHARE subtracts from the collector’s profit a commission of 2.5% of the share of the sale price.
The commission is not applied when there is no profit and can never be greater than the profit made by the collector.
The aim is always for the collector to make a profit.

Why is it convenient?

The offer price of the works for our clients who purchase them in shares is the same as the one applied to wholesale galleries. Share placement and the subsequent sale of the work in the interest of private collectors (not for companies) is not subject to VAT because the goods are kept in San Marino and are delivered there. 

Can I sell independently?

If the collector does not wish to wait for the sale on the market by the ART SHARE management, they can sell their shares of the work directly by yielding their position to a third party, deciding the price on the basis of a free negotiation with said party.
This operation does not involve Art Shares Srl.

Art Shares will reimburse the new owner of the share with the final sale, provided that he/she has accepted the online contractual documentation and has provided the same documentation as the original customer, also for the purposes of due diligence (KYC) if the conditions are met. The old owner must declare in writing the transfer in favor of the new owner, in addition to giving explicit authorization to Art Shares for the payment of the share of the price of the artwork to his/her successor in title, indemnifying Art Shares from any liability towards the transferor.

Where is the work?

The work is kept at the ART SHARES premises in San Marino. By notifying the co-owners it can be shown in exhibitions in galleries and museums in order to continue optimizing its value.

What guarantees do I have?

The works, when they are offered in shares to collectors, are the property of Art Shares or are in its exclusive availability, free from any encumbrance.

Can I purchase the whole work?

The whole work, corresponding obviously to 100% of the shares, can be purchased by our client by offering a price which gives a profit of at least 10% to all the other co-owners of the shares.

You can purchase all the shares of a work. Select How it works in the horizontal bar at the top. Go to the section Do you want to purchase the entire work? and use Contact an expert where you can choose the work if published on the site or you can download the Request to purchase all shares form, to be filled in and sent by email or regular mail, after accepting the contractual provisions reported under Legal Notes at the bottom of the page, also available in the menu of the horizontal bar at the top.

How is delivery made?

The work is delivered in the Republic of San Marino, and it is picked up directly or via a carrier commissioned by the buyer.

What taxes must I pay?

There are no taxes to pay, neither VAT nor other indirect taxes.
Who is it for?
The user of the ART SHARE service is a private client, a consumer, collector or investor in the contemporary art field who is interested in making a good short-or medium-term profit or in purchasing exclusively a work which they like.

How can I invest?

The purchase is made online on this site in the Artorks section. Choose the work and indicate the number of shares you wish to purchase.
You must accept the regulations and provide the requested personal data. Payment is made through credit card or bank draft. Completion of the purchase depends on the receipt of payment.

What am I buying?

The ART SHARE project offers shares of art works.

We are not selling a financial product.

We are selling co-ownership shares in a work of art.

How is the co-ownership managed?

The work made available for purchase is kept in a trust which safeguards the whole work. Art Shares deals with the sale and uses its experience to maximize economic performance.

How long does it last?

The operation lasts until ART SHARE has sold the work on the market.
The work is managed on the basis of a constantly-refined algorithm aimed at obtaining the best sale possible considering a short duration for the investment. After two years, if the work has not been sold on the market, it is put up for auction.
The various stages of the sale in shares and the sale on the market are always clearly visible on the site artsharesales.com.

When do I get reimbursed?

Within 30 days of the sale of the work the proceeds are divided up among all the co-owners on the basis of the shares held by each one, as described in the Example section. Payment is made via bank draft onto the account indicated by the collector.

How much does it cost?

ART SHARE subtracts from the collector’s profit a commission of 2.5% of the share of the sale price.
The commission is not applied when there is no profit and can never be greater than the profit made by the collector.
The aim is always for the collector to make a profit.

Why is it convenient?

The offer price of the works for our clients who purchase them in shares is the same as the one applied to wholesale galleries. Share placement and the subsequent sale of the work in the interest of private collectors (not for companies) is not subject to VAT because the goods are kept in San Marino and are delivered there. 

Can I sell independently?

If the collector does not wish to wait for the sale on the market by the ART SHARE management, they can sell their shares of the work directly by yielding their position to a third party, deciding the price on the basis of a free negotiation with said party.
This operation does not involve Art Shares Srl.

Art Shares will reimburse the new owner of the share with the final sale, provided that he/she has accepted the online contractual documentation and has provided the same documentation as the original customer, also for the purposes of due diligence (KYC) if the conditions are met. The old owner must declare in writing the transfer in favor of the new owner, in addition to giving explicit authorization to Art Shares for the payment of the share of the price of the artwork to his/her successor in title, indemnifying Art Shares from any liability towards the transferor.

Where is the work?

The work is kept at the ART SHARES premises in San Marino. By notifying the co-owners it can be shown in exhibitions in galleries and museums in order to continue optimizing its value.

What guarantees do I have?

The works, when they are offered in shares to collectors, are the property of Art Shares or are in its exclusive availability, free from any encumbrance.

Can I purchase the whole work?

The entire work, corresponding obviously to 100% of the shares, can be purchased by our customer at a price that will take into account the ongoing negotiations and market trends. The conclusion of the sale will occur with the delivery of the work at the same time as the payment of the price.

You can purchase all the shares of a work. Select How it works in the horizontal bar at the top. Go to the section Do you want to purchase the entire work? and use Contact an expert where you can choose the work if published on the site or you can download the form Request to purchase all the shares, to be filled in and sent by email or by ordinary mail, subject to acceptance of the contractual provisions reported under Legal Notes at the bottom of the page, also available in the menu of the horizontal bar at the top.

How is delivery made?

The work is delivered in the Republic of San Marino, and it is picked up directly or via a carrier commissioned by the buyer.

What taxes must I pay?

There are no taxes to pay, neither VAT nor other indirect taxes.