Tips to invest in fine art with confidence, part1
Admittedly, buying art is an expensive affair, and affording a work can seem out of reach. After all, the sales made during the important fairs and auctions of the year are staggering! Even on a smaller scale, the art world can be intimidating. Between the silent galleries and the conceptual works that everyone seems to understand so easily, sometimes it's hard to get comfortable. But all it takes is a little click and good support to get started! Let's go for a decryption of the art market today with the experts of Artsper . Invest in art It is well known that art can grow in value - sometimes a lot . You necessarily have in mind these stories of masterpieces found in a cellar or an attic, authenticated as originals by Leonardo da Vinci or Van Gogh, which made their owners hopelessly rich. Or the stories of unknown artists of their time, who sold their paintings to their friends or neighbors for pennies, making them the owners of an invaluable work several decades after their death. If these anecdotes are very rare, it is still possible to invest in art! First of all, it is important to differentiate between the two essential values of an artwork. Any art object that we acquire has a financial value, but also a sentimental value. And the latter is even the first to consider! Indeed, if you decide to buy a work, you must first of all like it. Whether for its decorative aspect, its colors, or because it provokes in you an indescribable emotion, it must above all convince you emotionally. It is important to consider this aspect, too often underestimated, as an investment in its own right. By purchasing a work, you are investing in a piece of art that will bring you happiness, in a unique way and in the long term. Secondly, it is possible to consider the financial value of the work. And even more, the growth potential of its value. Some objects are safe values: over time, they will produce relatively certain added value. Some are riskier, and still, others should be avoided if you are absolutely looking for financial gain. In any case, as in any field, no acquisition is a won bet; and works that increase in value do so over decades - even generations! So, when buying, you have to be sure of your choice. An interesting investment: famous artists Among the works of art that can be considered good investments, there are several categories. The first brings together the so-called "sure values", the bestsellers. Within it are the works produced by very famous artists: Picasso , Cocteau, Warhol, Dalí , Bacon, in modern art, particularly, an acquisition usually promises a nice growth in value. These artists having died, their production has stopped, and it is, therefore, more complicated (and expensive) to afford an original and unique work of such an artist. It is important to note that a painting has more value than a drawing, which itself has more value than a sketch, which itself has more value than a reproduction. The best way to afford the work of a very famous artist is to opt for an edition. By its ease of multiplication and the lower cost of its production, this medium is less valuable and much more economical. However, not all editions are created equal. A limited edition has much more value, and therefore potential profitability, than an unlimited edition. The limited prints must also be numbered and signed by the artist, to be considered interesting. For this reason, moreover, at Artsper, works from a so-called "open" edition, as well as unnumbered works, are not accepted for sale. In addition, any work must be signed by the artist. The signature can be present on the original model, then reproduced; or, for added value, it is ideal that the reproduction has been individually hand-signed by the artist. The work must also be accompanied by a certificate of authenticity. For reliability reasons, evident especially in the case of resale, carefully check these two conditions before considering your purchase. www.artsper.com via Le figaro, culture
Admittedly, buying art is an expensive affair, and affording a work can seem out of reach. After all, the sales made during the important...