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Adam Sender, among the top 200 art collectors in the world. That is quite a tribute to the world collectors. Adam started collecting art in the late 80s – early 90s. He apparently has a knack for selecting which new artist will make the upcoming list of new artists on the rise. Since Sender was once the owner of a hedge fund company and was very gifted at selecting hedge funds for investment, he branched out into the art area to try his genius at picking potential winners in the artwork arena.
To say the least, his genius is working again and has increased his wealth considerably. Over the years, Sender has purchased over 1000 pieces of collectible art and the cost of millions and millions in purchases. At auction, the return on investment will bring him profits that could shake the coconuts out of their trees.
A recent purchase Sender made was a piece of ruled paper, with a song scribbled out on it that was written by none other than Bob Dylan. No, it wasn’t “Lay Lady Lay”, but close. It was “The Times They Are aChangin”. Dylan wrote so many hits in his early years that are still popular today, but this piece really gave him notoriety and now the original piece of paper it was written on belongs to Adam Sender for a measly $422+K. Adam Sender is no fool, as he plans to sell this item for $1.4 million.
Adam and his wife, Lenore have recently moved from their New York Manhattan penthouse in the SoHo Area to a home in Miami, FL. They plan to exhibit many of the items in their art collection in one of their vacant homes in Miami as a pop-up exhibition. Their feeling is to share the beauty with their close friends, and what is the object in having these beautiful items if you don’t have space enough to view the pieces.
Although their penthouse in SoHo, NY measured over 3,000 sq. ft. of living space, with three terraces, that is hardly enough room to exhibit the beautiful collection the Senders own. Along with their Miami properties, the SoHo penthouse, there is the Sag Harbour property in the Hamptons and a home in Bel Air. Larger items in the collectibles are vehicles, fourteen to be exact, and one piece is a beauty. A 1970 Cadillac Eldorado Convertible, of course, in mint condition and would need a room of its own to be shown off to the public.
Starting later this year, Sender has approximately 400 art items that will be auctioned off through Sotheby’s of New York. The items are expected to provide an excellent return for Adam Sender’s (Observer) initial investment. His curator has a full-time job managing the collection, and time will tell what the ROI will net.