Online art sales are higher than ever right now. Valued at $1.57 billion in 2013, the online art market has grown to $3.27 billion in the last two years alone, and is expected to reach a whopping $9.58 billion by the end of the decade — an exciting time for artists, art-buyers (and us!) indeed.
As an artist, making what I love is a priority, and as an art-lover, keeping up-to-date on what art-buyers and the general public are interested in inspires me to redecorate and enhance my gifting plans (and I always want to do more of what I love). So, let’s check out these art trends for 2018. Continue reading “Art Trends 2018”
A lot of investors seem to have a stigma against investing in fine art, and they should if they lack expertise in the subject. The fine art market is largely a market all its own, and if you don’t understand how it works, of course you aren’t going to see results. If you know the game and you understand art, however, it’s actually pretty easy to make money investing in art. Continue reading “Why Investing in Art is Actually a Good Idea”
Before you get started with art collecting, it is imperative that you are familiar with all of the costs you might pay in the process. The list may seem daunting, but don’t let it discourage you. There is plenty of money to made in art with these costs in place, but it is essential that you know what the costs are so you can plan accordingly. Also keep in mind that not all of these costs will apply to everyone in every situation. With that, here is a list of the most common art collecting expenses: Continue reading “The Costs of Investing in Art”
You’ll often hear that there is no intrinsic monetary value in art – that it is a false market – and this is true only insofar as there is no intrinsic monetary value in anything. Gold, even, has its price set not by any a priori means but as a result of many market factors that ultimately obscure any sort of platonic “goldness” that may have otherwise dictated value. Some believe that prices are actually a complex reflection of the a priori value of something. Despite which is true, one thing remains the same: The monetary value of art, as with everything, is the price that someone is willing to pay for it. Continue reading “The Theory of Art Investing”
There is no shortage of information out there on investing with art. Between tracking the rise and fall of commodities to predict the fine art market to projecting how sanctions on Russia will affect the price of Renaissance Art, it’s hard to know where to begin. Well, take a deep breath, and don’t even think about what I just said. Instead, read this list of straightforward and practical tips to get you started with art collecting. Continue reading “Investing in Art: A Beginners Guide”