Nov
2024
Fabergé to design unique investable Christmas Egg for Konvi
DIY Investor
29 November 2024
Renowned luxury jeweller, Fabergé, will be commissioned to create its first-ever Christmas Egg Objet by Konvi, Europe’s leading luxury assets fractional investment platform
Available to invest in today, the piece will be a unique custom-made egg objet and the world’s first Christmas-themed piece of its kind, nicknamed the ‘Christmas Egg’.
The Fabergé eggs represent the pinnacle of luxury jewellery, originally created for the Russian imperial family in the late 19th century using a blend of precious metals and gemstones. Konvi calculates that Fabergé egg pieces achieve a historic appreciation of 28% per annum, given figures from all public egg valuations and sales between 2000 and 2014. Some eggs now fetch over $1 million, causing many to look to the creations as assets for investment.
As of today, investors can buy fractional shares in this exclusive Christmas piece through the Konvi platform from €250. After a value appreciation period set by its investors, the egg will be sold at auction through Konvi partner, Henry’s Auktionhaus, to return profits to investors. The value of the piece will be set once funded by its investors.
Fabergé makes only around 2,300 pieces annually, meaning that the supply of these assets is highly limited. The extreme scarcity of these luxury creations gives them strong potential as investments, with unique one-of-a-kind pieces having even more room for value appreciation. The Fabergé Winter Egg from 1913 famously sold for nearly $10M in 2002.
The lofty cost of a Fabergé egg, with new pieces selling for over €60,000, means that these high-return investment opportunities have historically been far out of reach for the vast majority of retail investors. However, Konvi’s fractional investing platform lowers the market entry cost, enabling almost anyone to invest in the piece. This model enables users to access an extremely rare investment that would usually require significant capital and a broad network of collectors and auction houses to invest in.
Eran Peer, Co-Founder and CEO of Konvi, commented: “Launching this exclusive Christmas Fabergé Egg investment opportunity for Konvi users is central to our goal of democratising luxury asset investing. By providing these investment opportunities, we aim to bring previously inaccessible luxury investment opportunities to a broader range of people. This offering means people can own these luxury jewellery pieces, traditionally only held by the wealthiest of individuals, and reap the investment rewards. We’re excited to be bringing such a high-profile asset to our platform and look forward to launching similar investment opportunities in the near future.”
Luxury assets are much more than a popular accessory, as they provide promising investment opportunities. The fact that returns on luxury items are negatively correlated with those on equities, bonds, and other collectible investments, makes them a great addition to an investment portfolio, ensuring strong diversification.
Investing in luxury assets such as art, fine wines, whiskeys, watches and vintage cars has long been inaccessible to the majority of people. High up-front costs, low availability and opaque, private markets with high fees mean historically only the most sophisticated investors and wealthy individuals could capitalise on these opportunities.
Konvi is the first Pan-European investment platform that enables retail investors to diversify their portfolios by fractionally investing in luxury assets. By collaborating with industry experts with strong track records, Konvi ensures that investment opportunities on its platform are carefully curated and accessible to everyone.
Visit Konvi’s website to find out how you can invest in this Fabergé piece: https://konvi.app/
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