We have seen PureFunds gemstone ETF (symbol GEMS), a patent for dematerializing diamonds and various types of art funds such as the Fine Art Fund or The Collectors Fund; and Precious Time, a collectibles hedge fund specializing in watches with an emphasis on Patek.
While both the Count of Custoza Family Office and IGA Automobiles have opened "Classic Car Funds" there are no coins or cars ETF's, yet.
From Quartz:
Luxury investing is gaining a somewhat geeky profile, with gearheads, coin collectors and philatelists gaining ground on urbane, wine-sipping art enthusiasts.The best luxury investment over the past year is classic cars, according to property consultancy Knight Frank. In its latest assessment of various luxury asset classes, the index for cars gained nearly 30%, outperforming all other categories. The most expensive car ever sold at auction—a grand prix-winning 1954 Mercedes-Benz (pictured above)—fetched £19.6 million ($31 million) in July.
+
If you are into the ziggurat-of-diamonds-look this $3.5 mil Piaget Emperador Temple watch might be a good start to either a diamond or a watch fund:Overall, Knight Frank’s index of luxury goods rose by 7% in the year to June, matching the increase in central London property but falling short of the 12% gain in the FTSE 100 share index. Gold, meanwhile, lost nearly a quarter of its value over this period.For those with money to spare, coins and stamps also performed well over the past year, beating the overall luxury index. Fine art was the worst performer, falling by 6% in value, with furniture, jewelry and wine also lagging....MORE+
