Nobody likes an art flipper, but popularity aside, the number of companies who want to make a quick buck off art is growing. We just spotted a new one on Craigslist.
Chad Jase Fine Art and Tangible Assets, a company based in Rhode Island, is seeking new investors (that could be you!) in the world of fine art. It’s hard to figure out exactly what they’re looking for in a client, but like any good company, they claim to know what they’re doing—they have a system. It’s called the “COELHO Method,” based on the advice of artist and Chad Jase Fine Art and Tangible Assets employee Dennis Akervik Coelho.
Alas, Chad Jase Fine Art and Tangible Assests does not yet have enough believers in the method. They’re looking for more over on Craigslist. Specifically, they want:
- Shareholders to help fund one of the six galleries they plan on opening.
- Clients who need help with flipping artwork. “We handle all of your art needs … [like] placing works at auction at the right time for best return on investment.”
- Investors who want “portfolio incentives such as asset incentives for every fifty thousand dollars invested into your portfolio. [W]e add five thousand in tangible assets to show that we value our collectors/investors and that we are confident in what we do.”
If you’re still not convinced on why you should be investing in the COELHO Method, there’s 2,410 words explaining the matter over on Craigslist.