Stock exchange index for art, from Artmark.

They are setting up the last details for this index, an index that could tell you that the works of Marginean sold at public auctions last year grew with 71,35% since 2008.

The index brings into prim-plan approximately 1000 of the most traded artists in the last 15 years.

The founders of the auction house Artmark are Alexandru Baldea and the former Swiss ambassador in Romania, Radu Boroianu.

The three portfolios at Artmark are a novelty as well.

Liquid investments have 100 artists like: Rudolf Schweitzer-Cumpana, Theodor Pallady, Nicolae Vermont, Leon Biju, Iosif Iser. Perfect for for players who want to invest in a short term, so this a short term investment index .

Then we have the portfolio index, for this Artmark offer works by artists like: Camil Ressu, Gheorghe Petrascu, Horia Bernea…

And the last index is Artmark Conservator, this is very useful for collectors, they offer art from Grigorescu, Tonitza and Aman.

The year 2009 was record maker, last year wore made more transactions over 100.000 euro – ‘Fetita in roz’,Nicolae Tomitza; ‘Aise’,Camil Ressu or ‘Port’,Marcel Iancu.

For 2010 the market for Romanian art will go up, in the first nine month of 2009 the prices were with 40% bigger them 2008.

I got the information from Forbes number 25.