“Art belongs in homes and hearts. It should reflect something about who we are as individuals and the life that we deserve to create.”
The art of art appreciation it is something we all can do. It does not take any formal training. It is simply an ability to recognise quality and value. The best time to start appreciating and investing in art is yesterday. The next best time is right now!
Never buy in the heat of the moment at an art auction. Never believe you will be able to sell next week and pocket a promised profit. View your art purchase as a long term investment seven to ten years minimum.
Consider what stage the artist is at in his or her career is it the beginning, the middle or the end? Is there potential for the painting’s value to increase before he or she dies? How has the artist’s work been performing? Has there been a steady increase in price?
Like everything, investing in art involves a degree of guesswork, as you can never know for sure what will happen. Worst case scenario, a painting will be worth what you paid for it.
Do your own research. Make your own decisions. Remember, while art can be a great addition to your super fund or investment portfolio, investment should not necessarily be the driving force behind your purchase. Buy it because you like it. Follow your heart. After all, it’s you who will have to live with it.
Art is about life. Whether you have one or many pieces in your collection, they add to who you are and what you do. They will become part of the way you live life. Something you enjoy.
It is not always about how much a painting is worth but more about the journey the artist endured to create the work. This is what gives each piece its own personality and meaning.
Great art begins deep within an artist’s soul. So when you look at a great painting, you are looking inside someone. That is what makes art truly worth appreciating.