The Property Thesis · 8 of 8
Art and collectibles
Provenance is a trail by design. Anti-money-laundering rules now make every dealer a record-keeper.
Built to
Portable, private value outside financial reporting.
Addressable today · Running
Provenance is a trail by design. In the United Kingdom, dealers must verify the ultimate beneficiaries of art transactions over €10,000, and HMRC began fining non-compliant dealers in April 2022.12 Auction records, insurance schedules and shipping logs complete the picture.
Extrapolation
AI-assisted image matching and authentication tie each object to its history, and each movement to its owner.
Verdict
The more valuable the piece, the better documented its owner.