Invest in multimillion-dollar art shares
Invest in exclusive collectibles
Investments
$3,000
The minimum investment required on Mintus for art investment opportunities is $3,000, with investment amounts typically ranging from $15,000 to $100,000.
Moderate Risk
3/5
Investing in Mintus carries risks such as market volatility affecting art values, limited liquidity options until the secondary market launches, potential regulatory changes impacting investment practices, operational challenges, and the subjective nature of art valuation.
High Risk
4/5
Investing on Timeless involves risks such as market volatility, liquidity constraints, regulatory changes, and asset-specific issues like authenticity. Additionally, platform-related risks such as data security and operational stability could affect investments. These factors highlight the importance of thorough risk assessment and consideration of personal risk tolerance before investing in collectibles through Timeless.
Minimum Liquidity
1/5
Mintus plans to introduce a secondary market feature, which is currently marked as "coming soon". This future addition aims to enhance liquidity by allowing investors to sell their shares in artworks to other users, although it's not yet available.
Moderate Liquidity
2/5
While traditional collectible investments are illiquid, Timeless offers a level of liquidity by enabling trading among investors during the average holding period of 2 to 8 years. However, liquidity is influenced by demand within the platform and the collective decision to sell the asset.
Receive new reviews from Fintorial
Moderate Return
8.9 %
Mintus targets an 8.9% annual growth rate for investments, though actual returns may vary due to market conditions and art performance.
High Return
40 %
Timeless cannot guarantee returns as the collectibles market is unpredictable. However, historical data shows an average annual return of 40% on their platform, with returns ranging from 9.1% to 93.1% per year. Investors should note that past performance is not indicative of future results.
Long-term Investment
5+ years
Investments through Mintus generally have a long-term horizon, often spanning several years, due to the nature of art appreciation and market trends. Exact duration may vary based on specific artworks and market conditions, with potential for earlier liquidity once the secondary market is introduced.
Long-term Investment
2-8 years
The typical investment time horizon on Timeless ranges from 2 to 8 years, varying by asset class. During this period, investors can trade shares for liquidity before a collective decision is made to sell the asset, subject to majority approval.
Who can invest
International
Mintus allows both individual investors and institutions to invest in artworks. Individual investors need to qualify as "high net worth individuals", "sophisticated investors", or "accredited investors" and pass an appropriateness assessment. Institutions like wealth managers and family offices should contact Mintus directly for specific investment options.
Who can invest
European Union
To invest with Timeless, individuals must be at least 18 years old, possess a valid ID card or passport, have a SEPA bank account, and not be taxable outside the EU. Additionally, they must have a permanent residence. Importantly, US citizens and US taxpayers are excluded from using Timeless's services due to SEC restrictions and the implications of the FACTA, which targets tax evasion by US citizens abroad.
Moderate Volatility
3/5
The volatility of assets on Mintus, consisting of high-value artworks, is influenced by art market dynamics, economic factors, and the unique characteristics of each piece, such as rarity and provenance. These elements can cause fluctuations in art valuations, making them inherently volatile investments that require careful consideration.
Moderate Volatility
3/5
The assets on Timeless, being exclusive collectibles, are subject to inherent volatility due to factors like fluctuating market demand, the rarity and exclusivity of items, condition and authenticity concerns, and broader economic and cultural trends. These factors can lead to significant price swings, making the value of collectibles unpredictable over short periods. While Timeless carefully selects collectibles with high potential for appreciation, investors should be mindful of this volatility and how it aligns with their investment goals and risk tolerance.
Regulation and audits
FCA Regulated
Mintus is authorized and regulated by the Financial Conduct Authority (FCA) in the UK. This regulatory oversight ensures Mintus meets strict standards for investor protection, transparency, and market integrity, although specific audit details are not mentioned.
Regulation and audits
BaFin Regulated
Timeless is registered with the German Federal Financial Supervisory Authority (BaFin) as a contractually bound intermediary of CONCEDUS GmbH, under register number 80174023. This indicates regulatory compliance and oversight by BaFin in its operations.
Insurance
Yes
Details on insurance for artworks on Mintus are not explicitly mentioned. Typically, art investment platforms secure artworks against risks like damage or theft through insurance.
Insurance
Yes
Timeless stores collectibles in a secured German facility with insurance coverage, though it's crucial to note that not all damages, such as those from force majeure, may be covered. Additionally, there's no guarantee of compensation for losses, as there are no guarantee funds or deposit insurance for investors. This points to a risk of partial or complete value loss in certain scenarios.
Payouts
No Recurring Payouts
Mintus does not offer traditional dividends. Instead, investors gain returns through the appreciation and eventual sale of the artworks, receiving profits based on their share ownership.
Payouts
No Recurring Payouts
Timeless does not provide traditional dividends. Instead, investors gain returns from the appreciation of collectibles, realized when these assets are sold for a higher value than their purchase price. Profits from such sales are distributed among investors based on their shareholdings, acting as a one-time capital gain rather than regular dividends.
Withdrawals
Investors on Mintus receive their returns after the sale of an artwork, with profits made available in their wallet. They can then choose to withdraw these funds to a bank account or reinvest in other artworks on the platform.
Withdrawals
Investors on Timeless receive their money back after the sale of a collectible by entering their SEPA bank account details on the platform. After the sale and distribution of profits, the funds are automatically transferred to the investor's bank account within 10 banking days, allowing for a straightforward return on their investment.
Extra Fees
Yes
Fees on Mintus vary by artwork and investment structure, with all fees shown in advance in the Memorandum document available for each opportunity.
Extra Fees
Yes
Timeless charges a one-time 2% service fee and a management fee at the initial purchase of fractions, covering costs like division of collectibles, documentation, transport, maintenance, and insurance, with management fees varying from 1% to 6% depending on the asset. Trading involves a 2% service fee for buyers, with no fees for sellers. There are no ongoing fees for the storage or operation of the platform, and no fees are charged to investors upon the sale of a collectible.
Taxes
Annual Statement
Mintus notes that artworks don't generate income while held, so tax implications mainly stem from capital gains upon sale.
Taxes
Annual Statement
Timeless assists investors with tax reporting by enabling the download of an Excel spreadsheet that records their purchases and sales, simplifying the process of tracking transactions and preparing tax documents.