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Our mission
Objects of museum quality can stay in private collections for decades. Museums often cannot afford to buy them. We are building a third way: people acquire a significant object together, and the object goes to a museum on long-term loan, where everyone can see it.
People sell and buy whole objects: a painting, a watch, a coin, a violin. Independent experts examine each object before it is listed. Each object receives its own certificate of authenticity, and that certificate passes to the buyer when the sale closes.
Fractional ownership campaigns for blue-chip art and collectibles, in the plain sense of the words, as soon as we obtain the regulatory approvals they require. A campaign names one object and one cultural institution. People contribute together to acquire that object from its current owner, and each of them holds a fraction of it. The object then goes to the agreed museum or institution on a long-term loan, to be kept, studied and shown to the public. The museum does not become its owner.
A share of ownership in one named physical object — not in a digital asset. Each campaign has its own set of documents, and those documents state what is acquired, how the shares are divided, where the object is kept and exhibited, who insures it, how decisions are made, and what happens if the object is ever sold.
The certificate, its fractions and the provenance ledger are not financial instruments, securities or a means of payment. They identify an object and keep its history. A share of ownership is not an investment product, and CoArt Market promises no yield and no profit from it.