4 Steps to Start Investing in Art

Jul 22, 2020 | Fine Art

As far as hobbies go, an interest in art, supporting your local creators, going to galleries can be great ways to spend your time. This can also be a great thing to do with your partner as you will find more wives keen to go to a gallery than a classic car show. If you want to start in the world of art investing here are a few simple steps.

1. Buy Art Books

Finding out what you like is the goal here, with the purchase of a few art books that highlight the masters in all areas, you will soon find out what you love. You need to know if you like abstract oil paintings or if you might like more modern things. Do you like Van Gogh or Banksy. Buying some books can be an affordable way to find out. Art is a lot like investing in classic cars, watches or even comics the people who will do the best are the ones that love it. If you read these books love them, then art investing is for you.

2. Visit Galleries Competitions

An art exhibition is normally a fun event, it’s a good chance to dress up, enjoy some free drinks spend time with your partner. It’s also good for the wood to be an investor. Now you can see how the new flock compare to the masters. This is a great way to see what is happening in your area, who is getting shows, who is winning awards.

The john Moore painting prize offers the winner a prize of £25,000 pounds will give you a great chance to see all the entries from all the artists. It pays to have an open mind here. Van Gogh was far from an award-winning artist, but seeing what an artist considers his best work is always good.

3. Get Expert Advice

All exhibitions are put on by someone. Normally this is the curator of the gallery. Any curator of a local gallery will be an expert. They know what is hot what is up and coming, they are a great resource and, other than a good job, is often underappreciated. A great idea is to chat with these people ask them what they would buy at the exhibition. It can also be worth looking into the paid service of Maddox advisory, Saatchi Gallery others.

4. Look online

The world of art has changed, many great artists can be found online, Two of the best online sites are www.artsy.net www.saatchiart.com, it can also be a good idea to sign up to galleries mailing lists, this way, they will send you invites to new shows as well as discounts on purchases.

For the best results in investing in art, it is best to know yourself know what you’d like to achieve if you want to turn it into another avenue of return that has results of 20%, then you will have to invest heavily work with experts. If you want to have fun have a return of 5-10%, then you will be able to do it yourself.

Suttons Robertson know the value of art. If you need a fast cash loan but don’t want to sell anything, get in touch, we can use modern or classic art as collateral for an art pawnbroking loan.

Related Reading

Do I Need an Art Advisor?

Do I Need an Art Advisor?

It may seem like it belongs to the realm of the super-wealthy to have your own art buyer. Yet, with the newly energised market, the access to online buyers curators advances in shipping, it has...

read more