Art for an Investment
Buying art for investment became more popular than ever in 2007, with auction highs breaking records all over the globe.
Tips for Investing:
• Always buy work that you personally like; if you like it then others will, it's a good start.
• Do your research and keep an eye on artists' careers. Look for artists that are involved in exhibitions, winning prizes and that are having their work bought by museums, institutions and private collectors.
• Buy work by emerging artists to begin with as their work will still be affordable and is likely to increase in price more rapidly if their career escalates.
• Always buy signed work. Limited edition prints are more affordable than unique works such as paintings, so are a good place to start, and as long as they are in a limited edition and signed and numbered by the artist, prints are classed as original works.