Art Collecting Tips for Profit and Pleasure – Why Buy Art?

May 23, 2010

Art

A SIX-PART SERIES ON SUCCESSFUL ART COLLECTING


PART 1: WHY BUY ART?


WHY BUY ART? To answer this question, ask yourself what your reasons are for
thinking of acquiring a piece of art. An artwork can cost a considerable sum, but if it
meets your needs, it’s worth every penny. Anyone can buy art, and for almost any
reason. Many people buy an artwork simply because they like it, even if the artwork
may be by an unknown artist. Art, as long as you enjoy it, is never a waste of
money. As John Keats puts it in Book 1 of Endymion:


“A thing of beauty is a joy forever:
Its loveliness increases”



Art Is For Enjoyment


Art is meant to be displayed, unlike shares or bonds. Don’t ever feel pressured to
buy something you won’t appreciate looking at day after day, no matter what other
people may say. Don’t buy something that doesn’t appeal to you just because it is
trendy, because the artist is famous, or because you have been advised that the
artwork will make a good investment. If you don’t like the artwork at all, don’t buy
it!An artwork should touch your soul, stimulate your thoughts and bring a smile to
your lips. It should bring you pleasure, and even joy.There are only 365 days to a
year (366 on leap years). Be selective about how you live those days. Avoid wasting
them on something you dislike.


Art Enhances Your Environment


Have you ever noticed that all beautiful homes have art as an integral part of the
decor? Art lends life and color to otherwise plain and ordinary walls, nooks and
crannies, and mantelpieces. A well thought-out art collection will help create a
unique ambience in your home and make it more attractive. For similar reasons, art
often graces commercial premises, such as office lobbies and the offices of top
executives.


Art Makes a Statement


The kind of art you surround yourself with says much about your personality, tastes
and values. Edna Hibel art, for instance, is associated with strong family values and
humanitarianism. See why at: [http://www.cherishcollectibles.com/site/
1256072/page/459196][http://www.cherishcollectibles.com/site/]
1256072/page/459196


Art truly is a mirror of the soul. It’s an expression of who you are. Be true to
yourself, and choose art which is meaningful to you.


Art Can Be An Investment


Art can pay handsome returns, but this very rarely happens overnight. If you’re
hoping to make a fast buck, art may not be the right avenue for you. There are
investors, of course, who like to put their money in art. They do this for two main
reasons: emotional as well as financial benefits.


Art is one of those peculiar investments which you can actually admire and enjoy.
And researching and hunting down a desired piece of art can be as much fun as
owning it! Many art collectors enjoy combing galleries, websites, auctions and even
flea markets in pursuit of their passion. Profiting eventually from the sale of a find
becomes a bonus.The promise of both pleasure and profit from art certainly adds to
the appeal of art collecting.


Art Enriches Your Life


At a conference on health and ageing, held in Brisbane, Australia, the founding
professor of complementary medicine at Melbourne’s RMIT University shared his
findings that love – even the love of an activity or an inanimate object, such as a
work of art – contributes to healthier living and a longer lifespan. Art should enrich
your life. Otherwise, why spend precious time and resources on it?


Art Makes An Impression


When you need to give a gift which will make a lasting impression, a delectable
piece of artwork is hard to beat. Any beneficiary will appreciate receiving such an
exclusive gift, and be honored that you valued her enough to give her something so
unique and precious.Just remember to select something which will appeal to your
recipient’s tastes, and keep to a sensible budget. Good art needn’t cost an arm and
a leg.Before you part with your money, there are several golden rules of art
collecting to consider. Look out for them in Part 2 of this series, titled
“SIX GOLDEN RULES OF ART COLLECTING”.

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