There are many reasons collectors accumulate art. Of course,
having a stunning collection of pieces that they truly feel a connection to and
want to display is often the primary reason people choose to collect. Some art
collectors value art as a form of expression and want to support their favorite
artists so they can continue to grace the world with their masterpieces, But
many wise art collectors use the art for more than a social statement or room
decoration. Some wise collectors use these art pieces as a modern currency. No
matter what the economic landscapes look like, art can be a wise long-term
investment.
The twentieth century saw multiple wars, massive natural
disasters, and fluctuating government policies. These factors all contributed to
the devaluing of many currencies worldwide. Yet, through these tumultuous times
and economic uncertainty, art value skyrocketed. Why? The value of art has no
correlation 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 a
currency. We don't even have to look that far back in our history books to see
art being used as a form of currency. Take a look at our recent world history
and you will see a few examples of the importance of art to the world economy
during the twentieth century.
Gustav Klimt
In the 1920s, the United States saw a major art boom. Even
though art sales slowed after the 1929 stock market crash, art value
maintained. In fact, one of the greatest art deals in recent history took place
during the Great Depression. This transaction resulted in the foundation of the
National Gallery of Art in Washington, DC. As far back as Roman times, art has
been viewed as a currency. Napoleon also valued art and tried to grow his
collection by stealing multiple pieces including the Greek Horses of Saint
Mark. Hitler and the Nazi party acknowledged the monetary value of art too and
blatantly looted and stole many famous and valuable pieces during his reign.
Albert Gleizes
Today, we are in the electronic era. Practically every
person on Earth is touched by computer technology in one way or another. Even
our economy is being influenced by technology. Bitcoin and other electronic
currencies have become popular investments, much like art have been throughout
history. These new currencies have excited old investors and drawn new people
into the idea of owning stock. Of course, playing the stock market can make
people very wealthy, but it can also rob people of their life's savings. While
putting your money into the newest and hottest trend can be exciting, it is not
a very stable investment. Art, on the other hand, has withstood the test of
time. Unlike trendy stocks that fluctuate daily, art never loses its value.
Evgenia Klimenko
Why is art so valuable and such a safe investment? For
centuries art has been valued for its ability to record history, communicate
emotion, convey ideas and enhance and enrich lives. This explains its cultural
value, but why is it a valuable currency?
Vitaliy Gonikman
One of the factors that makes it so valuable is its
uniqueness. Artists create one-of-a-kind pieces. Even the artist can not
exactly duplicate his or her own original piece. Handmade pieces of any media
show variances in style or application, even if it is subtle. Many paintings
and pieces are fragile and vulnerable to damage from mishandling and
environmental issues, natural disasters, and thieves. Unfortunately, as soon as
a painting or piece of art is destroyed, it will be gone forever because this
uniqueness makes every piece irreplaceable. The pieces that survive through the
years become even more important and more valuable, especially if the artists
of the pieces have become recognized or beloved by the art community.
Lenny Khimishman
Data regarding the appreciation of art value during the
twentieth century shows that art appreciates at a rate that will generate a
larger return for the investor than a savings account or other types of
investments. Art is also a safer investment than many other options like the
stock market and even real estate which all fluctuate greatly. Art is a
tangible item that can be sold, collected and traded, which is much different
than a virtual stock that many investors don't quite understand and can not
hold in their hands. And art does not depend on the temperature of the economy
like real estate and other investments.
Igor Dubovoy
In addition to the monetary value of art, collecting it can
be a vehicle for making positive social connections. Everyone knows that when
it comes to succeeding in life, "it's not what you know but who you
know." Although this isn't always true, having friendly relationships with
powerful and influential people can be a smart career move. Art collecting open
doors to social activities that appeal to the world's most powerful people. From
attending gallery openings, sitting on museum boards and discussing the latest
acquisition, art can be the gateway to meeting influential people in every
industry.
Anna Drik
Though art collecting is an investment tactic used by the
world's economic elite, it is not just reserved for the rich and famous. With
modern technology, any art lover can become a collector. Through online
galleries, everyone can jump into the exciting and lucrative world of art
collecting. Affordable art is at your fingertips! Modern paintings, as well as
older pieces from established and respected artists, can be acquired at an
affordable rate on the internet.
Patrick DeCicco
Before you make your investment, however, do your research
and only purchase art through a reputable dealer. Even though art can be a
great investment, you need to deal with reputable dealers to avoid fraud.
Aurucom
Once you have jumped into the exciting and rewarding world
of art collecting, you will begin to see how enriching and profitable it can be
for your life and your pocketbook. Not only can you enjoy looking at your
favorite pieces in your own home or office, but you can rest easy in knowing
that you have made a good investment.
Looking for the perfect paintings for sale is as easy
clicking a few buttons. Consider an art original as an investment in your
happiness and your economic future.
