{"id":75694,"date":"2014-12-10T23:57:14","date_gmt":"2014-12-10T21:57:14","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=75694"},"modified":"2014-12-10T17:44:37","modified_gmt":"2014-12-10T15:44:37","slug":"the-most-popular-luxury-investments","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/75694\/the-most-popular-luxury-investments\/","title":{"rendered":"The most popular luxury investments"},"content":{"rendered":"<p>Luxury goods auctions have smashed records in 2014, but overall investment into the sector is slowing, according to a new report.<\/p>\n<p>The Knight Frank Luxury Investment Index (KFLII) for 2014 grew by 6% in the 12 months to June 2014, with investment into classic luxury cars driving it forward.<\/p>\n<p>The KFLII highlights the value of selected luxury investments as a long-term portfolio diversifier, cross referencing with other, more specific indices.<\/p>\n<p>The value of the world\u2019s most collectable vehicles have risen by 25% year-on-year, according to the Historic Automotive Group International\u2019s (HAGI) TOP index.<\/p>\n<p>According to Knight Frank, in August, a 1962 Ferrari 250 GTO Berlinetta set a new auction record when it went under the hammer for $38 million at Bonhams\u2019 Quail Lodge sale in California.<\/p>\n<p>Luxury cars have shown the highest investment growth when measured over 5 and 10 years, having recorded 111% and 469% growth over those periods, respectively.<\/p>\n<p>However, the rate of growth of the luxury car index is slowing, from 47% in 2013, to an expected drop of 12% in 2014.<\/p>\n<p>Coins also put in a strong performance with the Stanley Gibbons 200 Index rising 10% on the year, Knight Frank noted.<\/p>\n<p>Other luxury goods which have shown investment growth over the course of the year include Art (5%), Stamps (3%), Wines (3%) and Jewellery (3%).<\/p>\n<p>Conversely, in the past 12 months, 5 years and 10 years, antique furniture has shown a consistent decline in investment, dropping 8% in the past year, and 22% and 24% over the 5 and 10 year periods.<\/p>\n<div id=\"attachment_75696\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><a  data-lightbox=\"post-image\" href=\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2014\/12\/1962-Ferrari-250-GTO-Berlinetta.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-75696\" class=\"size-full wp-image-75696\" src=\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2014\/12\/1962-Ferrari-250-GTO-Berlinetta.png\" alt=\"1962 Ferrari 250 GTO Berlinetta\" width=\"600\" height=\"400\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2014\/12\/1962-Ferrari-250-GTO-Berlinetta.png 600w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2014\/12\/1962-Ferrari-250-GTO-Berlinetta-300x200.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><p id=\"caption-attachment-75696\" class=\"wp-caption-text\">1962 Ferrari 250 GTO Berlinetta<\/p><\/div>\n<h3 class=\"my-4\">Top luxury goods investments 2014<\/h3>\n<div class=\"table-responsive\"><table class=\"table\" border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>#<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Luxury Goods<br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Change<\/strong><\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>Cars<\/td>\n<td>25%<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Coins<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td><strong>3<\/strong><\/td>\n<td><strong>KFLII<\/strong><\/td>\n<td><strong>6%<\/strong><\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Art<\/td>\n<td>5%<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Stamps<\/td>\n<td>3%<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>Watches<\/td>\n<td>3%<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Wine<\/td>\n<td>3%<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>Jewellery<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Chinese Ceramics<\/td>\n<td>-2%<\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td>Antique Furniture<\/td>\n<td>-8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div id=\"attachment_75704\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><a  data-lightbox=\"post-image\" href=\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2014\/12\/Luxury-goods-5-year-and-10-year-change.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-75704\" class=\"wp-image-75704\" src=\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2014\/12\/Luxury-goods-5-year-and-10-year-change.png\" alt=\"Luxury goods 5 year and 10 year change\" width=\"600\" height=\"298\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2014\/12\/Luxury-goods-5-year-and-10-year-change.png 821w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2014\/12\/Luxury-goods-5-year-and-10-year-change-300x149.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><p id=\"caption-attachment-75704\" class=\"wp-caption-text\">Luxury goods 5 year and 10 year change<\/p><\/div>\n<p>Record-setting luxury auctions:<\/p>\n<ul>\n<li>1962 Ferrari 250 GTO Berlinetta &#8211; <strong>$38 million<\/strong><\/li>\n<li>Edward VIII Sovereign coin &#8211; <strong>$809,000<\/strong><\/li>\n<li>British Guiana 1856 1c stamp &#8211; <strong>$9.48 million<\/strong><\/li>\n<\/ul>\n<h3 class=\"my-4\">More on luxury goods<\/h3>\n<p><strong><a title=\"Permalink to Luxury assets on the rise in SA\" href=\"http:\/\/businesstech.co.za\/news\/general\/51832\/luxury-assets-on-the-rise-in-sa\/\" rel=\"bookmark\">Luxury assets on the rise in SA<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Most expensive whisky in SA\" href=\"http:\/\/businesstech.co.za\/news\/general\/70909\/most-expensive-whisky-in-sa\/\" rel=\"bookmark\">Most expensive whisky in SA<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Most expensive wines in South Africa\" href=\"http:\/\/businesstech.co.za\/news\/general\/71440\/most-expensive-wines-in-south-africa\/\" rel=\"bookmark\">Most expensive wines in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luxury goods auctions have smashed records in 2014, but overall investment into the sector is slowing, according to a new report.<\/p>\n","protected":false},"author":10,"featured_media":51851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,6832,7585,9274],"class_list":["post-75694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline","tag-index","tag-knight-frank","tag-luxury-goods"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/75694","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=75694"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/75694\/revisions"}],"predecessor-version":[{"id":75712,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/75694\/revisions\/75712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/51851"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=75694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=75694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=75694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}