Ex­pert ad­vice on luxe in­vest­ments.

Forbes - - CONTENTS - JOHN REARDON In­ter­na­tional head of watches, Christie’s VIC­TO­RIA JAMES ZOHAR ELHANANI CEO of Mu­tu­alArt, a com­pre­hen­sive on­line art­mar­ket in­for­ma­tion guide Part­ner and bev­er­age di­rec­tor at Cote restau­rant in Man­hat­tan, som­me­lier, au­thor

Min­nesota’s rich­est man made his for­tune in print­ing and now reigns over a mid­west­ern em­pire made up of NBA and WNBA teams, a news­pa­per and plenty of farm­land.

Buy, hold, sell: Ditch Napa caber­nets, snap up African art.

BUY Charles Frod­sham & Co. Chronome­ters

For hand­made qual­ity and a sense of his­tory, look to th­ese re­cently re­leased time­pieces (about $75,000). They’ve been presold for years; get ready to join a long wait­ing list.

HOLD Greubel Forsey

This brand (be­low) of­fers ex­cel­lent watch­mak­ing with so­phis­ti­cated de­sign. Buy one (for a half-mil­lion dol­lars!) and en­joy. Some­day this watch­maker will take hold of the global mar­ket.

SELL Women’s Di­a­mond Bracelets

Ladies’ di­a­mond-bracelet watches’ re­sale prices are dis­mal. Bling watches from Chopard and Cartier of­ten have a re­sale value of just 25% of the orig­i­nal $45,000-ish re­tail price— and the sit­u­a­tion is only get­ting worse as brands ask sky-high prices rel­a­tive to in­trin­sic value.

BUY Louis Bo­vard Déza­ley Grand Cru Medinette

Few wines are made in Switzer­land, let alone ex­ported. Snag what­ever you can find and squir­rel it away. Bo­vard’s white from Chas­se­las (roughly $50 per bot­tle) will im­press even the big­gest wine geek.

HOLD Cru Beau­jo­lais

Since the un­der­whelm­ing “nou­veau night­mare” wines of the 1980s, many scoff at Beau­jo­lais, but qual­ity pro­duc­ers in the re­gion make age-wor­thy bot­tles that go for $35 to $55. Hold tight on to vin­tages from Bre­ton, Foil­lard and Lapierre.

SELL 1999–2002 Napa Caber­net

Many of th­ese gloopy, high­oc­tane wines (some as high as $1,000) were once well­rated but are now fall­ing apart like a bad meat­loaf.

BUY Zanele Muholi

The South African pho­tog­ra­pher’s work is mak­ing the jump from small gal­leries to in­sti­tu­tions like Cape Town’s Zeitz Mu­seum of Con­tem­po­rary Art Africa. At auc­tion her work re­mains be­low $15,000.

HOLD Han­nah Wilke

Wilke’s con­tro­ver­sial min­i­mal­ist work is be­ing re­ex­am­ined along­side other un­der­val­ued fe­male artists of the 1960s gen­er­a­tion. Re­newed crit­i­cal ap­pre­ci­a­tion should lead to growth; works now go for $4,000.

SELL David Wo­j­narow­icz

This pain­ter’s “mar­ket con­fi­dence” is high ($708,500 for “Science Les­son” this May), but there are no solo ex­hi­bi­tions on the hori­zon, so his price mo­men­tum is un­likely to be sus­tained.

Mu­se­um­goer with pho­to­graphs by Zanele Muholi.

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