Six Super Art Investment Tips – artmarketblog.com Six Super Art Investment Tips – artmarketblog.com
In recent times fine art has gained popularity as a hedge against the volatile fluctuations that have plagued the more mainstream financial markets
money. For instance, did you know that Picasso produced quite a number of limited edition ceramic objects that can be purchased for as little as a few hundred pounds? Picasso ceramic works are particularly desirable and present a rather interesting alternative for those who have a more limited budget.
5. Buy from a reputable source
Auction houses, galleries and art fairs are the best sources of investment quality fine art. Although it may be tempting to just jump on ebay, the high number of fake and fraudulent works of art sold online make going to a reputable dealer who will guarantee the authenticity of what you are buying well worth the extra effort. That is not to say that I would never recommend purchasing works of art online. If you are going to purchase online you need to make sure that you are purchasing from a reliable source that has an excellent reputation and will provide a written guarantee of authenticity. Regardless of whether you are purchasing from a dealer or online, it is well worth getting the opinion of a few experts before deciding what to purchase and where to purchase from.
6. Build a collection
Once you have purchased your first piece of fine art it is likely that you will be bitten by the bug and want to buy more. By building a collection based around a particular theme, movement, artist or medium, you can develop a certain level of expertise and knowledge that will help make future purchases much easier. Developing a collection is an enjoyable and rewarding process that also encourages a certain amount of discipline and connoisseurship that will help you make more rational and justifiable decisions – decisions that are more likely to result in the purchase of works that will increase in value.
**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of http://www.artmarketblog.com, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications