Blog
02 Jan 2020
Andy Warhol
There are many reasons collectors accumulate art. Of course,having a stunning collection of pieces that they truly feel a connection to andwant to display is often the primary reason people choose to collect. Some artcollectors value art as a form of expression and want to support their favoriteartists so they can continue to grace the world with their masterpieces, Butmany wise art collectors use the art for more than a social statement or roomdecoration. Some wise collectors use these art pieces as a modern currency. Nomatter what the economic landscapes look like, art can be a wise long-terminvestment.
The twentieth century saw multiple wars, massive naturaldisasters, and fluctuating government policies. These factors all contributed tothe devaluing of many currencies worldwide. Yet, through these tumultuous timesand economic uncertainty, art value skyrocketed. Why? The value of art has nocorrelation to the stock market or world economics.
Vincent van Gogh
Using art collecting as an investment isn't a new concept.People from as far back as recorded history extends have been using art as acurrency. We don't even have to look that far back in our history books to seeart being used as a form of currency. Take a look at our recent world historyand you will see a few examples of the importance of art to the world economyduring the twentieth century.
Gustav Klimt
In the 1920s, the United States saw a major art boom. Eventhough art sales slowed after the 1929 stock market crash, art valuemaintained. In fact, one of the greatest art deals in recent history took placeduring the Great Depression. This transaction resulted in the foundation of theNational Gallery of Art in Washington, DC. As far back as Roman times, art hasbeen viewed as a currency. Napoleon also valued art and tried to grow hiscollection by stealing multiple pieces including the Greek Horses of SaintMark. Hitler and the Nazi party acknowledged the monetary value of art too andblatantly looted and stole many famous and valuable pieces during his reign.
Albert Gleizes
Today, we are in the electronic era. Practically everyperson on Earth is touched by computer technology in one way or another. Evenour economy is being influenced by technology. Bitcoin and other electroniccurrencies have become popular investments, much like art have been throughouthistory. These new currencies have excited old investors and drawn new peopleinto the idea of owning stock. Of course, playing the stock market can makepeople very wealthy, but it can also rob people of their life's savings. Whileputting your money into the newest and hottest trend can be exciting, it is nota very stable investment. Art, on the other hand, has withstood the test oftime. Unlike trendy stocks that fluctuate daily, art never loses its value.
Evgenia Klimenko
Why is art so valuable and such a safe investment? Forcenturies art has been valued for its ability to record history, communicateemotion, convey ideas and enhance and enrich lives. This explains its culturalvalue, but why is it a valuable currency?
Vitaliy Gonikman
One of the factors that makes it so valuable is itsuniqueness. Artists create one-of-a-kind pieces. Even the artist can notexactly duplicate his or her own original piece. Handmade pieces of any mediashow variances in style or application, even if it is subtle. Many paintingsand pieces are fragile and vulnerable to damage from mishandling andenvironmental issues, natural disasters, and thieves. Unfortunately, as soon asa painting or piece of art is destroyed, it will be gone forever because thisuniqueness makes every piece irreplaceable. The pieces that survive through theyears become even more important and more valuable, especially if the artistsof the pieces have become recognized or beloved by the art community.
Lenny Khimishman
Data regarding the appreciation of art value during thetwentieth century shows that art appreciates at a rate that will generate alarger return for the investor than a savings account or other types ofinvestments. Art is also a safer investment than many other options like thestock market and even real estate which all fluctuate greatly. Art is atangible item that can be sold, collected and traded, which is much differentthan a virtual stock that many investors don't quite understand and can nothold in their hands. And art does not depend on the temperature of the economylike real estate and other investments.
Igor Dubovoy
In addition to the monetary value of art, collecting it canbe a vehicle for making positive social connections. Everyone knows that whenit comes to succeeding in life, "it's not what you know but who youknow." Although this isn't always true, having friendly relationships withpowerful and influential people can be a smart career move. Art collecting opendoors to social activities that appeal to the world's most powerful people. Fromattending gallery openings, sitting on museum boards and discussing the latestacquisition, art can be the gateway to meeting influential people in everyindustry.
Anna Drik
Though art collecting is an investment tactic used by theworld's economic elite, it is not just reserved for the rich and famous. Withmodern technology, any art lover can become a collector. Through onlinegalleries, everyone can jump into the exciting and lucrative world of artcollecting. Affordable art is at your fingertips! Modern paintings, as well asolder pieces from established and respected artists, can be acquired at anaffordable rate on the internet.
Patrick DeCicco
Before you make your investment, however, do your researchand only purchase art through a reputable dealer. Even though art can be agreat investment, you need to deal with reputable dealers to avoid fraud.
Aurucom
Once you have jumped into the exciting and rewarding worldof art collecting, you will begin to see how enriching and profitable it can befor your life and your pocketbook. Not only can you enjoy looking at yourfavorite pieces in your own home or office, but you can rest easy in knowingthat you have made a good investment.
Looking for the perfect paintings for sale is as easyclicking a few buttons. Consider an art original as an investment in yourhappiness and your economic future.
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