Top Reasons Why You Should Consider Becoming An Art Investor
Art has always had a high value, nowadays regular people can actually profit from this fact! Owning a piece of art, regardless if it’s a classic or something modern, it’s still a valuable asset worth investing in, with classic art only grossing higher in value over time.
The rarer the art pieces, the higher the value! But on the other hand, investing into art doesn’t mean spending thousands and millions of dollars on old paintings and reselling them at a higher price – it’s much more complicated and diverse than that! So here are some top reasons why you should consider becoming an art investor!
It’s easier than you think
Sure, investing is not for everyone, not a lot of people are willing to let go of their earnings and place it in the hands of something like investments that may or may not work in the future. But, that doesn’t mean that you should drop the idea altogether, as long as you keep your finances in check, you can actually manage to invest in art easily!
This doesn’t mean you have to spend thousands and millions of dollars on art, you can easily invest in smaller-scale art-related investments, and build your portfolio from there. Nowadays, it’s much easier to get a hold of art investors and buyers, as many platforms are tailored to their needs, as well as the ability to invest in digital art as well, allowing you to spend less money while still being able to hold stock!
Different types of investments work differently, some are liquid and risky in terms of their value, as other factors influence them – like natural resources, the same goes for real estate.
Art is somewhat long-term, if you are able to get your hands on a piece of original artwork from a classical artist, if you manage to preserve its state by shielding it from light and mixture, you have a great investment in your hands. The magic behind art investing is the fact that the prices can only go up, especially if the artists are gone and left only a limited amount of their work.
So if you want to invest your money in something, art is a great and secure way to do so – if done properly! If you want to put down a bit of money, and get a piece of art, regardless if it’s a real piece or a stock, as long as you wait it out, you can resell it at a great price no matter how long you wait!
Risky, but rewarding
A lot of people shy away from investing altogether, due to fear of spending money and getting scammed, This is obviously a normal fear, it, unfortunately, happens to some people if they aren’t too careful!
But on the other hand, there are so many platforms that the art investor communities have recognized, as long as beginner art investors stick to already established sellers, there is no reason to worry! While owning a piece of classic art seems impossible, it’s actually a possibility to hold a share of the art piece, making you a partial owner!
A platform such as Masterworks io gives investors the possibility to own a piece of priceless art, instead of only having one, the rightful owner. This alone gives anyone the possibility to invest, even if they aren’t millionaires ready to spend their fortune to own a piece of art from great artists such as Andy Warhol or even Picasso!
Rules are straightforward
Like with any other kind of investment, you need to do a bit of research – especially when handling that much money. It should be pretty easy to grasp that art is a great investment since the market is fairly small, but the prices are pretty high. Sure, some art is more expensive than others, it all depends on the artist and the year that the art was made. On top of that, there is a big difference in price when it comes to original pieces, especially from classic artists that are long gone, while on the other hand there are copies and prints that are also good assets to invest in.
But the bottom line is, research is key, knowing how this kind of market works is going to help you a lot whilst making the right decision. Most of the time, you’ll have to rely on a bit of knowledge, you can even immerse yourself in the community and see first hand how art buying and selling works!
It’s a lot of fun
If you are an art lover, it’s highly likely that you want to get into art investing solely because you love the art on its own! This is a major plus since you’ll have to do a bit of research and be up to date with up-and-coming artists as well as keeping dibs on the classics. Going to museums, auctions, and just being in spaces where art is discussed and taken seriously, is the most rewarding feeling ever – especially when you get to profit out of it later on.
For a brief period of time, you’ll feel like you own a masterpiece before it’s sold to some other art connoisseur! So if you are interested in art, and want the glorious feeling of owning something like your favorite artist’s work, investing is a great way to earn your money back later on. All in all, a lot of art enthusiasts are ready to spend an extensive amount of money on art, and as time goes by the price can only get higher!
At the end of the day, there is just something magical about art, especially if you own a piece of it, even for a little bit you are able to have a piece of history with you.
The same goes with modern art, the art investment industry is only getting bigger, going beyond reselling classic paintings! Amongst other things, you’ll have a steady, safe source of money, making it a great type of investment. If you have a bit of money on the side, going into art investment can be a fun and interesting journey that won’t disappoint you!