Choose To Buy From A Reputable Art Dealer
The best art dealers to buy art from are the ones that are open, honest and up front. These dealers will be able to provide good background information on the artist and their portfolio. Make sure the work you are thinking of buying has a certificate of authenticity. This certificate is signed by the artist and proves the work is one hundred percent genuine and accurately valued.
The title and visual description of the artwork
• Edition numbers and collection details
• Materials and techniques used
• Size and dimensions of the work
• The copyright holder
• Distributor details
• Release date of the artwork
• Printer’s details if relevant
• Comments from the artist
• Notes on caring for the artwork
Positives of Art Investment
Investment in stocks and shares will yield a small return and because of the economic climate most markets are fragile and risky for investment.
Art prices are rising
The art market so far has been resilient to macro economic negative factors
Negatives of Art Investment
Buying and selling art is hard, it’s not as easy as trading stocks and shares
The art market is unregulated
Art can go out of fashion and values rapidly decrease
Some argue art is not a financial asset
Remember, Art investment is only risky if the investment period is going to be shot. Many successful art investers buy works to invest in them for 10 years or more – this usually generates a strong return upon sale. Art investors that do this often purchase high value art.