Emerging Artists
The international art market is worth over $3 trillion and has an annual turnover of $50 billion. Many private clients are art lovers, own collections or actively buy and sell in the art market. Investing in fine art has always been associated with the wealthy, but investing in emerging artists can reap astonishing rewards. Sourcing artists responsible for pioneering new trends can be extremely rewarding financially. Purchasing pieces from such artists needs to be done selectively – distinctive of that artist’s characteristic style and a quality piece of work. It is a big mistake to buy poor quality doodles from big names. Always buy what you love!
Also corporations are a significant cumulative patron of art, owning and displaying several million art works … worth billions of dollars.
Art is and will always be a great investment. The less available an artist, a style or a type of piece, the more likely it will appreciate in value. The current market allows artist to bypass the high commission gallery experience and it is win-win for the artist and the art lover.
Like any other asset class, first decide what your budget is and what level of involvement you desire. billion. Investing in the art market can provide
impressive returns. Buy something you like and don’t expect it to rocket in value next week.