Art Investment For Fun And Profit!
If you enjoy art,then investing in art may be fun and rewarding to learn more about and make money too. This is the kind of hobby where you can really enjoy being good at. This is the case with most things, but may, for example, you make an investment of money in the futures market in pork belly shares without knowing or worrying about the product at all. Ultimately, it is always best to do business in areas that interest you, but art is especially crucial. When you surf auction listings online, go to an auction online, or perhaps delve into the basement of a person during a house sale, simply you must have the art “bug” to maintain interest and increase your knowledge.
There are, of course, many categories to choose in the art profession. There are many periods, places, styles and media and can have a very specific area of concentration or take a more holistic approach. Specialization in generally at least to some extent is necessary, or be overwhelmed by the large number of items to choose. Personally, I like old paintings, which itself is a very large field. Years can mean almost anything 19th century or earlier (although some may include Century 20, depending on your definition of “old”). There are also American, European, Asian and artists from around the world.
First, you may wonder if the art piece is a good investment. This is almost impossible to answer, like whether the property or the stock market are a good investment. In all these cases, the answer depends entirely on what exactly you are investing in. also, unfortunately,it depends on market factors that can not be predicted.
With art as with investment options while others are safer and more speculative. If you are buying art, but the list (one of his first investments, if you’re at all serious, should be a reference guide of artists and paintings, or perhaps an online subscription service with these lists)
The value of his paintings (I suppose you buy images for the purposes of this section, but it could be said of prints and sculptures) is almost certain that one up, or at worst remain stable. Less known, or unknown artists, who are still having a bit of a risk. Therefore one of the first rules of buying art is that even if you’re looking at it as an investment, you can only buy something you like, if the market is not correct it may be in your possession for a long time!
Another type of risk associated with the purchase of art. It’s authenticity. There are, unfortunately, a lot of forgeries in the art world. There are also more serious, many frauds. As for the autographs, all signed paintings were signed by the artist whose name appears on them. There are many skilled forgers out there. There are also techniques to make art seem much older than they really are. In addition to outright fraud, there is also a large gray area when it comes to selling art, including auctions, either online or live.
Many studies, for example, are described in the style of “,” attributed to “or” … school. “Sometimes these words have little or no meaning and nothing more than a platform for bidding language for a small masterpiece of sound exciting.
If you go small and modest amounts of money say nothing of less than $ 100 for a couple of thousand dollars in art,you must face the fact that the rule is quite caveat emptor (buyer beware). If it is high end auction houses, this type of maneuver is less common but not unknown. At least in these cases it is more likely to be able to trace the origin of matter.You must also spend more money of course.
The cheaper end of the market
My own experience in the art world, I confess is the cheaper end. I found unexpected treasures in garage sales, auctions countries (although even these are often followed by sharp dealers) and thrift stores.
Naturally, if you pay very little for their investment. ” caution is less a problem. The chances of finding something worthwhile, especially today, when everyone is looking for treasure to sell on eBay are pretty difficult, but still out there. However, if your investments are in search of good art, the rule is to keep your eyes open at all times.
Auctions online can be a fun and easy way to buy art. The dangers here are probably more extreme than anywhere else, although you might think otherwise. People are worried about the honesty of online merchants, fake offers (for example, offers made by the seller using alternate IDs or friends who are raising the price), but the same phenomenon occurs in the auction houses Live. The rule is, be careful if you are spending any significant amount of money (to you).
This means, without exception, by checking the information of the seller. Read the negative comments. In addition, make sure to read its description. Some suppliers are very clever to deceive potential buyers, without lies. For example, some shops sell paintings in antique frames *period (or part of the time). May describe a painting, such as a scene of English fox hunting, or portrait of a 18th century lady or gentleman.
This does not mean that the painting itself from these periods. It might have been painted last month! Remember to check the warranty or refund policy sellers. I noticed that most sellers who use such tactics just described are also very explicit about not giving guarantees or refunds. In fact, most live auctions have similar stipulations, if you read the discovery of printing when you buy something. Again, caveat emptor!
Common tricks of trade
I’m really trying not to scare away potential investors in the art market, only to highlight some common tricks of trade. If you’re new to the field as in any other business, start small. Find an area that you know and make small purchases. Doing research in your specialty or area of interest. Read books and magazines that belong to him, the artist.
After these relatively small purchases,then see how fast you can go back and if you make a profit.Even after you learn and get experienced,be careful as it is easy to buy wrong and loose money, best to be sure of you purchase.
Sometimes you may just break even or losing a few dollars. But you can also make very rewarding windfalls and worth the effort. It is best not to approach the art market, hoping to make a fast killing, applies in any particular market. That’s how people end up paying in the negotiations and offers. Use your rational mind and intuition itself, get a feeling for it.