{"id":140345,"date":"2016-10-17T16:13:42","date_gmt":"2016-10-17T14:13:42","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=140345"},"modified":"2016-10-17T16:13:42","modified_gmt":"2016-10-17T14:13:42","slug":"these-are-the-best-performing-luxury-investments-right-now","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/140345\/these-are-the-best-performing-luxury-investments-right-now\/","title":{"rendered":"These are the best performing luxury investments right now"},"content":{"rendered":"

The average value of investment-grade classic cars and wine has increased by 8% over the past year, according to the Knight Frank Luxury Investment Index.<\/p>\n

The index noted that classic cars remains the top performer – with growth totaling a staggering 458% over the past 10 years (to Q2 2016), while wine is on an upwards journey over the past 12 months.<\/p>\n

Coins meanwhile, remain a solid investment.<\/p>\n

Knight Frank said that collectors are still prepared to dig deep when rare cars with a great provenance and in authentic condition become available.<\/p>\n

\"luxury-index_us_kflii\"<\/a><\/p>\n

At the Monterey sales a 1962 Shelby Cobra ($13.8 million) became the most expensive US car to sell at auction, while the\u00a0 1955 Jaguar D-Type pictured below ($21.8 million) secured the equivalent record for a British marque.<\/p>\n

Read: Why this \u2018superbuffalo\u2019 just sold for R168 million<\/a><\/strong><\/p>\n

In Paris earlier in the year, a 1957 Ferrari 335 Sport (\u20ac32 million) took the overall crown, in sterling and euro terms at least.<\/p>\n

On the other end of the scale, art and antique furniture continues to disappoint.<\/p>\n

More on luxury investments<\/h3>\n

11 luxury items millionaires blow their money on<\/strong><\/a><\/p>\n

South Africa launches the world\u2019s first luxury diamond safari \u2013 this is how much it costs<\/strong><\/a><\/p>\n

7 of these R4 million SUVs were sold in South Africa last month<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The average value of investment-grade classic cars and wine has increased by 8% over the past year, according to the Knight Frank Luxury Investment Index.<\/p>\n","protected":false},"author":10,"featured_media":140351,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121,9880],"tags":[26,7585],"class_list":["post-140345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-wealth","tag-headline","tag-knight-frank"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/140345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=140345"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/140345\/revisions"}],"predecessor-version":[{"id":140361,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/140345\/revisions\/140361"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/140351"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=140345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=140345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=140345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}