Investing In Art By Clyde Lee Dennis

As you probably are already aware great paintings and art work does not come cheaply. In fact paintings and other art work by certain artists are sold for millions dollars. While the work of other artists is sold for only a few hundred dollars. Even the smallest piece of work of art can cost you upwards of $300 at the same time. Consequently, those who invest in art expect more from their purchase and rightfully so.

There are certainly lucky art collectors. Those who have been fortunate enough to collect excellent pieces of art over the years. Some artists paintings they've collected in the past are worth much more than they originally paid for the piece. There are always cases in which a collector purchases the work of an unknown artist only to have the artist become famous. This leaves the collector holding the work of a famous artist and gives him all the financial gains that come along with being in such a position.

If you love art there is no reason you too could not shop for art and paintings and expect that the piece of artwork you bought will fetch you a price worth a lot more than your purchase price. Collectors are in the business of investing in art work after careful examination.

Examining artwork does not mean that it should merely be attractive to your naked eyes. Excellence in art is determined by the smoothness and finish of the work. Excellence is also measured by the choice of subject and how well the subject has been expressed. As history has shown a piece of art may have only one or two colored strokes but these simple strokes being able to reflect what the artists was thinking makes the work valuable. Determining this value is the essence of art collecting.

Examination includes checking the condition and authenticity of the pieces. Of course if you are going to purchase any piece of art you must receive assurance and certification that the piece is authentic. Uniqueness should also be of some concern as a bulk product may not be of any use to you as a collector considering that others possess a similar piece. This is one of the considerations that greatly enhances the value of a piece of art. The most treasured pieces of art in the world are those that are unique and authentic works by a famous artist.

Most art collectors and investors also give careful consideration detailing in the piece of art. So to be sure it is necessary to have an eye for art. To be a successful investor you should be able to determine a good piece and a not so good piece of art if it comes from the same artist.

Art

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1 comment:

Austin Maloney said...

Some good point's. I believe one of the easiest ways to start investing in art is to buy small original oil paintings from artists like Duane Keiser or myself. Their perfect for decorating on a budget.