Art as an investment - A few handy tips..

by Robb Shingles 22. May 2019 13:35

Katie Hope, business reporter for the BBC in a recent article, seemed to summaris the general consensus when buying artwork as an investment, when she said “It's a fantasy akin to winning the lottery.”

Whilst we at ArtGallery.co.uk concede that it is incredible difficult, is in a rare talent and very difficult to master, there are certainly things any art lover can do to give themselves the best chance, which we delve into further on in the piece.

Patrick Connolly, a financial adviser at Chase de Vere gave the best advice, which was simply “with extreme caution”, and we couldn’t agree more with him. Now this is a sentiment we agree with wholeheartedly.

The below is a handy guide, but it is by no means exhaustive. If you are keen to buy artwork specifically as an investment, we absolutely recommend seeking expert, professional advice.

 

What to choose?

We’d always recommend buying what you love. Just because you’re buying as an investment, it doesn’t mean you should try and jump into a potential buyer’s shoes. Stick to what you know and love, and don’t be led solely by a painting’s financial worth or the artists reputation. If you’re new to art and you aren’t what your tastes are, visit your local art gallery! Browsing an art gallery is a good way to experience new types of art and can broaden your horizons.

When considering art as an investment, it’s also worth finding out about an artist’s beliefs, creative processes and overall vision. To find this out, speak to gallery staff, they should have an excellent relationship with their exhibiting artists and be able to explain everything you need to know.

Expanded XL, by Peter Nottrott

 

As with real estate, it’s all about location, location, location!

Where you place/hang your artwork can make a huge difference and greatly enhance the overall impact if placed in the appropriate place. It ensures the best light, the right view and the ideal focal point. "People have a tendency to hang art too high," says Linda Crisolo, Art.com director of merchandising. "The center of the image should be at eye level."

 

Apple on Books, by Jean-pierre Walter

 

Planning ahead for future valuation

One fantastic positive about buying art as an investment, is that you can enjoy it in the meantime!

As with all this, an expert opinion is certainly worth the money. There are many expert art consultants out there, usually on the end of a Google search.

 

A Girl Like You, by Antigoni Tziora

 

If you need any advice from us, give Chloe in our Sales team a call/email.

[email protected]

Call 01666 505 152

 

 

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Art History | Buying Art

Curb The Creative Block: 7 Ways Artists Can Stay Inspired

by Aileen Mitchell 17. February 2014 15:59

Anyone working in a creative field or medium knows how difficult it can sometimes be to stay in the totally inspired frame of mind. The spirit wanes, the mind occasionally blocks, and the creative impulses dribble from your brain like water down a plug hole.

Sometimes it’s just tricky to keep those creative juices flowing – and sometimes we need a kick up the artistic derriere to motivate and galvanise us.  

So, what to do? Well, as a matter of fact, there’s PLENTY you can do to give those artistic sauces a good stirring and those creative proclivities a thorough pounding. Here are 7 of them.

Surf the web

There’s much to mined from the sensational, interstellar glories of the internet other than dubious Dutch women and funny cats.  Nourish your creative and artistic soul by researching other artists, look at other painters and read about other partial-to-frequent flourishes of the pen and paintbrush.

Even better, take a peek at work you normally wouldn’t go for, artistic styles you’re unsure of, artists you haven’t heard of. In other words, stretch out beyond the norm of your artistic practices, outside your artistic comfort zone.  YouTube also has an extensive range of painting/drawing classes and demos.

Pick up a book

The World Wide Web might be a vast library online, but you can’t beat perusing a bookshop for the real deal, the physical connection you get between creator and tome. There’s something magical about a bookshop or library, and whatever subject, movement, style, period, form or artist you’re interested in – or want to find out about – you’ll find it.Online, you can go to sites such as Amazon, research it, ‘peek inside’, and read reviews before you pluck out your wallet.

Take Photos

Grabbing a digital camera and taking your own photographs is a fantastic way of fuelling the fire of creativity. For starters, you’re out and about, exploring the sights, sounds and environments around you in the living world – often stimulating in itself – and secondly, you’re capturing those moments in a single snap.  It’s surprising the assortment of images you can capture, that enrapturing second, captured in time that kick-starts a whole slew of creative ideas and concepts.  

Visit Art Galleries

Perhaps the most obvious one, but we often miss what’s right in front of us – and an art gallery is one of the best ways to immerse yourself in the work of fellow participants of your craft.  Forget the stuffy conception of art galleries as cobwebbed tombs of ancient creations, commandeered by goose-stepping curators kitted in tweed suits, spectacles and an imperious air.  Modern galleries are lively, vibrant affairs, offering rotating programs of art and installations. Sign up to get regular email updates from your local galleries so you know what’s on.      

Make Art Friends

Any creative act should be something of a communal experience. It should unite people, engage them, and give them something to talk about. Well, talk about it with people who share your passion for art then. Find out about local art groups in your area and join them. Have stimulating conversations with stimulating people who are stimulated by art as much as you are.  

Online Courses and Workshops

Schools and colleges offer evening classes, special centres hold courses and workshops – and they’re another opportunity to branch out, meet new people, and consider other approaches and techniques. Admittedly, some of them can be a bit pricey, but it’s another way of, literally, broadening your artistic palette.   

Carry a Notebook

Just as writers scribble down ideas and sentences in moments of creative epiphany, artists should do the same and draw sketches, as and when they get ideas. If you’re inspired by something you see, such as a landmark or unusual image, sketch it.

If an idea pops into your head as you’re trawling the frozen food section of your supermarket, get it down.  Inspiration and artistic creativity knows no bounds and will come in its own time – and you’ve got to be ready for it. Capture those artistic lightning-in-a-bottle moments and always carry a notebook or mini sketch pad.

This just scratches the surface of some techniques you can employ to stop those creative juices from drying up.

Are you an artist with any other tried and tested methods to stay motivated and keep your inspiration levels up?Share in the comments.

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