Not all of us have an eye for art and we sometimes don’t understand the beauty of the various strokes of colour magnificently painted in a canvas. If the art scene is not your cup of tea, you might think that collecting artworks should not be where you should put your hard-earned money.
Art is subjective and what one might consider as not a reliable form of investment. But people who collect artworks would tell you otherwise since the possibilities when it comes to acquiring artworks are endless.
Collecting artworks is exciting
Collecting artworks is exciting because it is unpredictable. No one could foresee how the market will move and one affordable artwork now might be priceless in the future. If you want to have an investment that will pay off in the future (but not exactly sure when) investing in Art is the right decision for you. If you are willing to take big risks but could eventually end up with an even bigger payback, collect artworks now especially from up-and-coming artists. Who knows these artworks could be your most profitable assets in the future?
Collecting artworks is a long-term investment
Not all artists become famous overnight. Some of them take time and some are even appreciated long after they are gone. If you are not in a hurry to see your ROI or return of investment, collecting artworks is the appropriate saving venture for you.
As an artwork collector, not only would you benefit from the artworks when the artist becomes famous or when you have sold the pieces because looking at an artwork for countless hours especially one that invoke strong positive emotions could already be considered as a return of your investment.
Not only that, you could even lend your artwork to galleries, museums or art festivals for a charge. Or displaying your art collection on these venues and events could even help you meet more affluent art collectors who could be willing to buy your collection for a heftier price tag.
Collecting artworks is a worthwhile journey
When you start collecting artworks, you just don’t buy the first thing you see right off the bat. You do your research and you ponder whether the up-and-coming artist is someone you should invest in. Or if the classic painting that someone is selling you is worth its exorbitant price.
Collecting artworks is a journey that could lead you to places you haven’t imagined visiting. You could meet people ranging from the ordinary to eccentric. If you are open to have interesting and varied experiences, collect artworks.
When you look at an artwork, don’t automatically calculate and consider how you would profit from it in the near or far off future. If it is an artwork that you don’t enjoy or does not particularly resonate with you, don’t buy it just because you think it will sell in the future. Art is personal and one way or another, it will pay off.