Investing in artwork

Investing in art can be an excellent way to increase your wealth. When you buy a piece of art, you’re buying a tangible asset that can appreciate in value over time. Tv storyboard can be display in a live monitor to review each scenes of the movies.

With the right research and advice, you can find out what will sell well in the future, and potentially make some money with your investment.

Considerations when investing in art

There are a number of different factors to consider if you’re thinking about investing in artwork.

Whether you’re considering investing in artwork or just want to add to your collection, we’d advise visiting galleries and exhibitions, talking to dealers and consulting our guide on how to invest in art before making a purchase.

Check out some of the top tips to investing in art.

You don’t have to be an expert.

Although it’s useful to have a good eye, knowledge of art history and the ability to spot original pieces, you can still invest wisely without those skills. There are plenty of guides on what to invest in and how to get started. It’s also worth talking to experts and dealers who can advise you on pieces that have good investment potential.

Buy what you love.

If you’re buying art as a hobby, only buy something if you really love it. If you’re looking for an investment piece, try and find something that’s rare or unique but that you still like. This will ensure you get a better price for it when it comes time to sell up.

Consider your surroundings.

When choosing a piece of artwork, think about where it will be hung and how it will fit in with your existing decor. Also consider whether you’ll want to move it from room to room as your interior design changes over time.

Make sure the piece is authentic.

If buying from a gallery or dealer, ask for proof that the piece is authentic.

The art market is a thriving industry, with an annual turnover of around $65 billion. In fact, it’s now bigger than the global music industry, and it attracts wealthy investors looking for a classy place to put their money. But how do you actually invest in art?

There are two ways to invest in art. You can buy pieces directly from galleries, auctions or even the artist themselves. Or you can invest through funds that pool money together to buy pieces on your behalf. For most people, investing via a fund will be the simpler option — but let’s take a look at both ways you can get involved.

Artwork can be a very good investment. Even the most conservative of collectors are now looking at art as an asset class that can outperform real estate, stocks and bonds. However, it’s important to understand how the art market works in order to become an astute collector.

The value of artwork depends on many factors including:

  • the artist’s reputation
  • the timing of a purchase
  • the quality of the piece

Great artists from history are usually considered very safe investments, even though their prices are quite high. Their prices will only go up with time, and they rarely lose value. The more famous works by these artists have gone up in price by more than 10% per year for some years now, which is a much better performance than most asset classes. These include Picasso, Monet, Miro, Warhol and Matisse. There are also some contemporary artists whose work has been increasing in value at over 10% per year for a decade or more – Damien Hirst, Zhang Xiaogang and Alexander Calder spring to mind. Also look out for younger artists who may have potential – you can find them at major art fairs such as Frieze or Art Basel.