Dalí, ‘Hidden Faces’, 1952
EXITED INVESTMENT
Hidden Faces has been in only one private collection before being bought for fractionalization and is entirely new to the market, which generally positively affects the price. At the time, Dalí made it to the cover of the only novel he ever wrote, Rostros Ocultos (Hidden Faces), which in his home country, Spain, was censored: thirty pages of eroticism did not make it to print. They only saw the light in France, England, and the United States.
One of the most important figures of Surrealism, the unique style of Spanish artist Salvador Dalí is almost synonymous with the art movement he shaped so much. Although one of the most recognizable artists of our times, the Dalí market remains more accessible when compared with other top-level artists. In the last two decades, the total turnover of all artworks sold at auction by the artist surpassed USD 400 million, of which a fourth was paid for works on paper, a remarkable percentage compared to other high-ranking artists.
Artemundi and Splint Invest partnered to offer European investors fractional ownership of this artwork starting at 50€.
Date of issuance: November, 2023
Investment exit: December, 2024
Holding period: 12 months
Realized ROI (net of all fees): 12.8%
Annualized return: 12.7%
Expected return: 9 – 15% p.a.
Press release: Successful Exit of Fractional Investment in Dalí’s Hidden Faces
Why we like this painting
Salvador Dalí, Hidden Faces, 1952