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Investing in Art and Collectibles

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With investments like the stock market and Bitcoin getting all the news these days, does anybody consider investing in art and collectibles anymore?  Our next guest’s expertise in this area has been on display on PBS TV shows such as Antiques Roadshow and Market Warriors and the Art Breakers airing currently on the Ovation Network and she says you should be aware of the pros and cons (and maybe even the sharks) before you dip your toe into the art/collectibles market.

Mike Switzer interviews Miller Gaffney, an art advisor in Greenville, SC.

 

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.