Investing in art is a practice that is centuries old, traditionally only accessible for the most wealthy of individuals to satisfy their tastes and bring some beauty to their stately homes.
Over the year’s art investment has grown in popularity with Galleries and Fairs offering a spectrum of art pieces and collectables to the wider market, the options for accumulating art as an investment are growing. Fine Art is an attractive investment proposition though it is important to understand both some key considerations and what investing in art entails.
Firstly investors need to define their niche and determine the forms of art they are interested in. From oil to acrylic paintings, sculptures and photography, each medium appeals to a different audience and from an investment perspective will subsequently be subject to the nuances of that specific segment of the market. Understanding this will influence the type of artwork an investor will own.
Art is a very tangible and visible medium; it provides a sensory experience that few assets can parallel, evoking discussion and a feeling of satisfaction as well as the proven potential for significant growth in underlying value.
Here at Altvest we have formed close working relationships with both promising artists and renowned galleries to offer an array of artwork to appeal to every investor’s “palette”. Let us help you take the first step in understanding the world of art and the benefits of adding this unique asset class can bring to your investment portfolio.