Updates
An Andy Warhol ‘Marilyn’ Estimated to Sell For $200 Million at Christie’s
3 months agoLast week ArtNet reported that “an iconic portrait of Marilyn Monroe by Andy Warhol is expected to fetch $200 million at Christie’s in May” (source).
This is the highest estimate ever recorded for a work of art at auction.
The portrait being sold by Christie’s is Shot Sage Blue Marilyn (1964), and is one out of five in a series. This record-breaking sale goes to demonstrate the high-potential for appreciation of the masterpiece market.
You can still join the waitlist to invest in Andy Warhol’s Marilyn on StartEngine.
*The article referenced represents auction results for comparable works but does not represent all sales for similar objects and does not represent sales of the work currently being offered by StartEngine Collectibles.
*This Reg A+ offering is made available through StartEngine StartEngine Collectibles Fund I, LLC. No broker-dealer or other intermediary is involved in this offering. StartEngine Collectibles Fund I, LLC is not currently accepting investments from WA, NJ, FL and TX. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the portfolio of StartEngine Collectibles' offering circular and risks associated with this offering.
Important Announcement
3 months agoAs many of you are aware, StartEngine Collectibles has been notifying the public about the number of days left to invest in Andy Warhol: Marilyn. Given the amount still available in the offering, StartEngine Collectibles has decided to adjust the final day to invest, which will now be March 31, 2022.
We appreciate your understanding and look forward to fulfilling the offering moving forward!
This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.
Only About 20% of Andy Warhol: Marilyn Available to Invest
5 months agoAndy Warhol's iconic Marilyn offering is presently invested at about 80% of its maximum offering amount, with approximately 20% left. Don't miss out on your chance to invest.
An industry that traditionally has high barriers to entry, Fine art is an asset class that has consistently outperformed the S&P 500 over the last 25 years (source). We’re making it easy and accessible at StartEngine to invest in legendary artwork.
This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the portfolio of StartEngine Collectibles' offering circular and risks associated with this offering.
Updated Fee Structure
6 months ago
You spoke and we listened!
StartEngine is venturing out into this exciting new world of collectibles, and is therefore navigating a new field and business model, and doing the right thing for our investors.
We are happy to announce that after receiving your feedback, we have decided to change our fee structure for StartEngine Collectibles. For all collectibles currently open for investment on StartEngine our fee structure is below:
16.7% Sourcing Fee: Our sourcing fee is approximately 16.67% of the total amount we are seeking to raise and is built into the offering. The sourcing fee covers shipping, expertise, appraisal, and sourcing expenses.
0.5% Yearly Management Fee: This fee is retroactively charged when the object is sold and includes the costs for insurance, quarterly inventory assessment, and annual value appraisal, and storage
20% Profit Split: Lower than some of our competitors who charge as much as 50%.
We do not intend to charge you any other fees related to your collectibles investment!
What Has Changed:
Expenses and Fees: Previously expenses and fees were deducted from profits or had to be repaid by investors. We have now included those expenses in our fees and will deduct them from there rather than burden our investors.
Profit split: Previously the profit split was 50/50 to match our competitors, it is now 20% making us one of the leaders in the industry.
We look forward to implementing this new fee structure and more importantly to listen to you, our StartEngine community. If you have any questions, comments or concerns feel free to email us at assets@startengine.com.
FOR ANY SERIES OF STARTENGINE COLLECTIBLES FUND I LLC FOR WHICH THE OFFERING STATEMENT FOR THAT OFFERING HAS NOT YET BEEN QUALIFIED BY THE SEC:
NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED.
NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION.
AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. YOU MAY OBTAIN A COPY OF THE PRELIMINARY OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM HERE https://www.sec.gov/Archives/edgar/data/1841003/000110465921147333/tm2133841d2_1apos.htm.
StartEngine Celebrates Success Of Warhol Launch
6 months agoIt has been an exciting time for StartEngine Collectibles in offering investors an opportunity to diversify their portfolios with Andy Warhol’s Marilyn. In just over a week since its launch the shares in the Marilyn have nearly sold out. Currently at 99% sold.
Here she is in the viewing we did prior to purchase!
“This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.”
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