Over the centuries, art has been hailed as a great creative reflection of past times, a record focusing on definite aspects of society in that particular time.
Increasingly in recent years,these records by highly regarded artists throughout the past have become seen as invaluable and very priceless items. I say, 'almost' priceless, because as they frequently see in a number of the world's great auction houses, works of art selling for incredibly high sums.
How difficult it is to place a value on an original one-of-a-kind piece of art that is the only representation of a definite scene in the work of that period.
Fashion does have an element to play in the increase or decrease of a painting. The most susceptible type of work to 'fall from favour' overnight is modern, or contemporary work. From the investor's point of view timing is absolutely critical when purchasing or selling a piece of this art. As they have seen, a contemporary painting valued at over a million pounds can sometimes be sold for a mere fraction of that figure when the fashion changes and the work is regarded as 'old hat'.
The safest, and probably the most sensible approach to investing in art is to think about artists that have a proven track record for plenty of years. Not basically a local or national artist that has been heavily promoted by the publishers for a short timeframe, who then drops in to obscurity within a matter of years. But an artist whose work is seen in plenty of public galleries throughout the world and has had an very successful career, an artist who is work is collected by knowledgeable members of the community, and is held in high esteem throughout the art world.. The work by these artists are definitely the most collectable, as they will stand the check of time and have something of actual value to say to their observers.
Do not be persuaded by the luxury furnishings of a well placed gallery as well as a professional seller. Do a tiny analysis in to the artist's work that you require to collect, and keep in mind that in case you are purchasing for adornment only, then let the cost you pay work some work reflect that. In case you can merge pleasure and investment then it is a bonus, but it is a difficult and tricky task to do so. Plenty of people are lulled in to a false sense of security, listening to only what they require to listen to, and are surprised years later that their 'investment' has increased as much as their automobile or piece suite'.
David Tatham has been involved in the world of fine arts for over0 years and. His website contains a wealth of knowledge, also hundreds signed, limited edition prints and original works of art by world famous artists, eg. The conservationist and wildlife artist, David Shepherd.
http://www.davidshepherd.com.
By David Tatham
Source:http://ezinearticles.com/?The-Value-of-Real-Art&id=6524668
Increasingly in recent years,these records by highly regarded artists throughout the past have become seen as invaluable and very priceless items. I say, 'almost' priceless, because as they frequently see in a number of the world's great auction houses, works of art selling for incredibly high sums.
How difficult it is to place a value on an original one-of-a-kind piece of art that is the only representation of a definite scene in the work of that period.
Fashion does have an element to play in the increase or decrease of a painting. The most susceptible type of work to 'fall from favour' overnight is modern, or contemporary work. From the investor's point of view timing is absolutely critical when purchasing or selling a piece of this art. As they have seen, a contemporary painting valued at over a million pounds can sometimes be sold for a mere fraction of that figure when the fashion changes and the work is regarded as 'old hat'.
The safest, and probably the most sensible approach to investing in art is to think about artists that have a proven track record for plenty of years. Not basically a local or national artist that has been heavily promoted by the publishers for a short timeframe, who then drops in to obscurity within a matter of years. But an artist whose work is seen in plenty of public galleries throughout the world and has had an very successful career, an artist who is work is collected by knowledgeable members of the community, and is held in high esteem throughout the art world.. The work by these artists are definitely the most collectable, as they will stand the check of time and have something of actual value to say to their observers.
Do not be persuaded by the luxury furnishings of a well placed gallery as well as a professional seller. Do a tiny analysis in to the artist's work that you require to collect, and keep in mind that in case you are purchasing for adornment only, then let the cost you pay work some work reflect that. In case you can merge pleasure and investment then it is a bonus, but it is a difficult and tricky task to do so. Plenty of people are lulled in to a false sense of security, listening to only what they require to listen to, and are surprised years later that their 'investment' has increased as much as their automobile or piece suite'.
David Tatham has been involved in the world of fine arts for over0 years and. His website contains a wealth of knowledge, also hundreds signed, limited edition prints and original works of art by world famous artists, eg. The conservationist and wildlife artist, David Shepherd.
http://www.davidshepherd.com.
By David Tatham
Source:http://ezinearticles.com/?The-Value-of-Real-Art&id=6524668
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