Why We Buy Art It is normal to hear people talking about buying art as an investment decision, but should this be the true reason we buy art? Traditional art galleries and important auction houses are encouraging the thought that art is a commodity to be chosen and sold purely for its monetary value; this is something the upper classes of civilizations all around the globe have accepted for a very long time, and it is unfortunate because art is one thing that is meant to be liked for its beauty, not dollar signs.
If you are asking yourself right now what some good reasons are to
buy art, read on. Art should be purchased because it inspires you whenever you look at it; it can be a feeling of peace, some creative energy, or simply to be something beautiful in your home or office that you can view at your leisure. Art should be there primarily to be enjoyed, and as a piece will be on your walls for many years, whether you love the piece is much more important than just considering it as an investment.
That’s not to say that a lot of art won’t appreciate in value, and if you are considering buying art for this reason, there are a few simple rules you can follow.
Firstly, make sure the artist is committed to their career. A sign of this is often the pursuit of an art-related degree from a college or an art school, or even a mentorship with a more seasoned artist in their speciality. Something to prove that they are serious about their future as an artist. You can also tell from the exhibition history of an artist whether they are really serious about developing and growing as an artist, and this gives a possible projection of how they might develop in years to come.
Sell Art OnlineAnother thing you can look for is the level of promise an artist shows early on in their art career. It can be more difficult to judge the talent of an artist because it takes an eye for skill and ability, but start with attending the year end shows of local colleges and art schools. If you see something that you think is an excellent example of fine art, it might be a worthwhile investment to support that artist now that they are out of school and entering into the art world.
Which leads me to a key point: art may appreciate in value, but it is a long-term investment, and so unless you discover a Picasso in a local second hand store, it’s highly unlikely that you will see significant returns in the short term.
Buyers seeking to buy art are not in charge of the prices they pay, and are at a loss as to how they can keep prices down because the people who are in control want to push them up in order to gain more profit from comissions. If an artist does not sell at major galleries and auction houses, their work might not appreciate in value as quickly, so make sure to find out where and how the artist promotes themselves before you buy art from them as an investment. This is not a fair practice at all, because the only party winning in this equation is the middle man (the gallery or auction house), but this is the way the industry has been operating for years now.
The fact of the matter is, there are more artists and works of art than there are spaces on a gallery wall. This means that the galleries have to be very picky about the works they take in, because they are in the business of making money by representing artists whose work will sell quickly. If you want to buy art and avoid the hassle and outrageous prices of galleries and auction houses, read on! A savings of 50% - 60% awaits you!
A new online platform Artweb.net has recently launched, which was designed to allow art buyers and collectors to buy art direct from the artist at 0% commission. The site only showcases art from selected and approved artists, which means that the quality of the work on the site is never in question. This makes browsing easy and a buyer can confidently search for and buy art from the comfort of their living room.
So the moral of the story -
buy art because you love it, and if you happen to discover a great artist who’s work appreciates in value, well done! Browse art online through virtual galleries like
Artweb.net and deal with the artist direct!