Art Share: Fractional Art Investment Platform Launches in San Marino

A new platform called Art Share allows investors to buy fractional shares of artworks starting at €100. Founded in San Marino by gallerist Claudio Poleschi and legal-financial expert Maurizio Fontanini, the initiative also involves critic and curator Fabio Cavallucci, who coordinates cultural content with a team of critics and curators. Art Share has been certified as a highly innovative startup by the Republic of San Marino, granting significant tax breaks and exemption from VAT, which are passed on to investors, making the initial cost of artworks at least 15% below market price. The platform, artsharesales.com, enables users to select artworks, pay via bank transfer or credit card, and wait for the entire piece to be sold. An algorithm based on Poleschi's decades of gallery experience determines the optimal selling time to maximize returns, aiming to sell within a few months and not exceeding two years. The projected return for investors is 10-15%, with hopes for higher gains. Cavallucci's team will produce articles and research on the art system and market, potentially expanding into exhibitions and new productions if profitable.