Is Art a Good Investment?

With the stock market ups and downs and theinvestment.
low interest rates on deposits currently, people#1 Become an educated art collector. Find out
often ask me if art is a good investment.which artists are popular among collectors,
In addition to the beauty, aesthetics and oftencurrently and what some of their previous
inspiration that art brings to our lives, collectableartwork is selling for compared to what the
art such as limited edition signed and numberedoriginal issue prices were.
prints, and fine art originals can be a very goodSome of the ways to do this are:
investment financially.*Read collector's magazines such as Southwest
A few examples are selected works by popularArt ( ), Western Art Collector, or others.
artist Bev Doolittle. Her painting Bugged Bear had*Research on the Internet
an original issue price for a limited edition of 1,000*Talk to an experienced dealer at an art gallery
signed and number prints of $85. Those prints(we are always happy to answer questions about
sold out and are available on the secondaryart and maintain a 1800 number for collectors to
market only, and are selling for approximatelycall in on)
$7,000 each through art galleries who have*Check out the original list prices on a publisher's
access to them.website, such as Greenwich Workshop and then
That is an increase of over 8200% or 82 timesask an authorized dealer for the current
the original investment.secondary market price.
Another of her prints, Doubled Back, which had a#2 Buy art that you enjoy.
larger limited edition size of 15, 000 signed andArt has an inherent value. Whether the artwork
numbered had an original issue price of $245.you buy goes up in value or not, the joy and
Those sold out and currently have a secondaryoften inspiration that truly beautiful art will bring to
market price of approximately $2,100 through artyour life is priceless.
dealers who can help their customers acquire one,Art can invigorate you when gazing at an image
for an increase of approximately 857% or overof a wild horse ride with Indians charging into
87.5 times the original investment in the yearsbattle, or relax you looking at a foal resting in the
since it's release.grass on a spring day, or remind you of the
Prices of secondary market prints change withbeauty in the world through a painting of a child or
availability and demand but those are the currenta nature scene, and even inspire the imagination
approximate prices for the two prints as of thiswith paintings of what might be or help remind us
writing.of the magic or spiritual nature of life beyond the
Now, there is no guarantee that a particular workeveryday.
of art will go up in value or will go up by aSo, I always recommend that collectors buy art
particular amount, so there are two things Ithat they enjoy and that enhances their life first
recommend to anyone interested in art as anand foremost.