Art Collecting Tips for Profit and Pleasure (A Six-Part Series): Part 1-Why Buy Art?No comments yet
by L. Marie
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, its 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. Dont ever feel pressured to
buy something you wont appreciate looking at day after day, no matter what other
people may say. Dont buy something that doesnt 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 dont like the artwork at all, dont 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
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/
Art truly is a mirror of the soul. Its 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 youre
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 Melbournes 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
recipients tastes, and keep to a sensible budget. Good art neednt 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.
Happy art collecting!
Copyright © 2006 Carol Chua – Carol Chua is an ex-corporate warrior turned entrepreneur, writer and co-owner of Cherish Collectibles, an online gallery of art, collectibles and gifts by multiple award-winning American artist Edna Hibel. Visit http://www.cherishcollectibles.com to see this renowned artist’s beautiful artwork. Carol also co-owns an online jewelry store with a nature theme, featuring creations by award-winning artist JonY, at http://www.silver-butterfly-jewelry.com
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