Affordable Art 101 - wydr - interior art gallery
0

Your Cart is Empty

The reality is that investing in art is attracting more and more people every year. Either because more people are learning to appreciate the different artworks or because they believe this provides them with prestige, the art world is increasing.

Another reality that we have been watching lately in the launch of many different internet art galleries as well as websites where art lovers can find some art on sale or even some more affordable art.

However, if you're just starting buying art, you need to consider 4 things:

#1: Don't Get Caught Up In The Hype

One of the things that we have been seeing is that because art had an appreciation, this triggered the excitement about the entire art industry. So, people are just getting their hands on everything they think will will be a lot more valuable in the future.

However, if something is true in the art industry is that only a handful of artists as well as artistic periods will be able to generate the returns most people is expecting to get. When someone is trying to sell an artwork that will be the next big thing or because it was made by the soon-to-be-discovered artist, this usually ends up being the exception, and not the rule. 

#2: Buying Art As Venture-Capital Investing

As strange as it may seems, this is the best approach you can have when you're buying art at as an investment. Just think about it for a minute. Every startup is different; and the same goes for every artwork. While some startups are a huge success, most of them will disappear in less than 5 years.

One of the things that makes buying art so difficult is that every single person can see or feel something different. There's really nothing more subjective than art.

#3: What You Will Get With The Sale

While most people tend to only think about the moment when they are buying art, it's also important to consider the moment when you will sell it in the future. It really doesn't matter if it will be next year or in 30 years from now. The important thing that you need to consider is that you'll not get all the sale money for yourself. There is a tax rate on gains and it can go as high as 28%. So, you may only end up making about 60 to 70% of the sale.

#4: Your Art Collection Is Valuable As A Whole

Most art collectors, especially the ones that are just starting, tend to look at their collection as individual artworks. However, the highest value of your art collection is when you look at it as more than just the sum of its parts.

 

Subscribe to this blog's RSS feed using http://wydr.myshopify.com/blogs/st-art-up.atom


Ready to hang?

not ready
to hang on a wall

un-stretched

 

Paintings that do not contain any  bars to support it.

You will have to get it stretched on wooden bars.

ready
to hang on a wall

stretched

 

Means that the painting comes with wood stretcher bars attached against the back of the painting. This simply means that you are now able to hang your painting on a wall once received.

ready
to hang on a wall

framed

 

Allows you to protect the painting for several years. Of course, it is ready to hang once received

it depends...

other

 

That could be anything else... From an installation or sculpture, to paintings on a special surface like wood, stone or glas.

Because we are global and have artists offering many different types of works, It is always recommended to review the full artwork description.