Quick guide for buying art
Investing on art – some insights
- Early mover scenario is still on offer
- Asset has a long term investment perspective
- Established artists have sustainable value
- Younger artists have higher risk/higher return
- More buyers looking for younger artists
- Young artist prices are increasing rapidly
Research regarding an artist when buying his or her art
- Age of the artist
- Academic qualifications
- Awards / Citations / Merits received
- Participation in National / International shows / workshops etc.
- Contents of the work
- Medium of the work
- Artist’ ability to explain the work and the thought processes
- Technique & style of work
- Buyers’ list
- Critics’ perception of the artist
- Association with prominent art galleries