Antoine Gaber Historical Paintings Value 1997-2003 vs. S&P 500

Note: The above graph is for illustrative purposes only, and does not represent that past returns are indicative of future returns. Over time returns can vary greatly and any investments should be made in the context of, amongst other considerations, the tolerance for risk, net worth, time horizon, taxes, and liquidity requirements. The S&P 500 * was chosen as a representative benchmark because it is broadly recognized as the benchmark for equity investment returns in the US. The "Gaber Market Value" represents the average realized price on the sale of art based on actual sales.

The data suggests that a $1.00 investment in a Antoine Gaber painting in 1997** would have earned a compound annual return of 37.9%, whereas, an investment in the S&P 500 would have earned a return a compound annual return of 0.4%.
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* S&P 500 (Standard & Poor's) description widely regarded as the standard for measuring large-cap U.S. stock market performance, this popular index includes a representative sample of leading companies in leading industries. The S&P 500 is used by 97% of U.S. money managers and pension plan sponsors. More than $1 trillion is indexed to the S&P 500

** Data from December 1997-August 2003