Do's & Don’ts of Investing In Art

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Do's Donts of Investing In Art

• As we are halfway down to 2023, people are more
  inclined toward art as an investment option.
  Although it is not a liquid asset, it is a great
  option for people who know its do's and don'ts.
• One prime reason art is evolving as a potential
  investment option is that it holds great value in
  the long run, unlike most assets that wear out
  with time.
• Above all, if you love collecting art pieces or
  genuinely love artworks or famous gladiator
  paintings, why not? If you plan to invest in an
  art piece, you've landed on the right page!
• In this article, we are going to discuss the dos
  and don't of investing in art. Let's dive in!
• Why Should You Invest in Art?
• Do you think investing in art pieces is a good
  investment opportunity that can fetch great
  results in the long run? According to art
  lovers, it is an excellent and long-term reliable
  investment option as there is no price
  fluctuation, unlike stocks or other investment
  options.
• This was noticed during the covid-19 pandemic
  when a sudden fall in stock prices was
  experienced in all industries where the prices of
  art pieces remained stable. Another major reason
  to choose this pathway is if you truly love and
  admire art pieces.
• Having a collection of unique and rare art pieces
  is a matter of pride which can be a conversation
  starter during family gatherings or dinners.
  However, you need to be extremely

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• passionate about it. If you're intrigued by any
  artwork, it is best to invest in it, which can
  become the center of attraction.
• What to Look for When Investing in Art Pieces?
• When you're a newbie in the art world, it is best
  to start with thorough research to understand
  different genres and time periods. You can choose
  what period or genre you want to invest in based
  on your preferences.
• Once you have built a brief understanding of what
  to buy and what to skip, ensure you get the best
  deals only. For the same, you can connect with an
  art advisor at The Goat Wall Art, who can assist
  you in every step of the process.
• As an expert, they will keep a close eye on
  different factors like the present condition of
  the art piece, the artist's market value, its
  provenance, awards, auction records and more to
  ensure you crack the best deal possible. When
  you have your eyes on the most loved piece,
  consider storage, hanging and framing.
• Do's Don'ts of Investing in Art
• Every industry has its own do's and don'ts that
  one needs to be mindful of. Same as other
  industries, the world of art is no exception.
  Here are the top Do's and Don'ts of investing in
  art
• Do's
• Set your priorities right
• Are you looking for an art piece for a particular
  wall or a space in your home or office? Is there
  any motivation behind buying an artwork? Is it
  only for investment purposes? Before making the
  final investment, finding answers to these
  questions is important to determine your
  priorities.
• Stick to a budget
• It is often noticed that art lovers tend to
  exceed their budgets while investing in art
  pieces. Although it is fair to a certain extent
  however, establishing a budget before
  kickstarting the search process is an excellent
  option. While finalizing your budget, consider
  additional costs such as shipping, insurance and
  more.

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• Check the material used
• If you're investing in a canvas or an acrylic or
  oil painting, there is no need to thoroughly
  check the material. Whereas in the case of mixed
  media or while buying a famous gladiator
  painting, it is best to check all the materials
  used to make the painting. Certain materials
  might not age very well hence, you, as a buyer,
  should know this.
• Consider the weight and scale of the art
• People living in apartments or owning a house
  with a small door entrance tend to neglect to
  measure the size before investing in an art
  piece. It can result in additional costs like
  restretching and un-stretching painting to enter
  your house. In case you're investing in bronze or
  a concrete piece, ensure that the art piece can
  reach your location without any damage. Hence,
  considering the weight and scale of the art is
  crucial.
• Don'ts
• Choose prints only
• Although starting your art collection by
  investing in prints is highly recommended
  however, do not limit yourself to these only.
  You can also explore pieces of emerging and new
  artists, which are priced quite affordably and
  are appreciated over time.
• Ask for extra discounts
• Asking for discounts is not but to a certain
  limit only! Asking for additional discounts may
  put you under the "do-not-sell" list, especially
  if you're extremely disrespectful or aggressive.
• Assuming that the artist has signed the artwork
• When investing in an art piece, do not go by
  assumptions. Certain artists do not sign their
  workpieces which collectors do not realize while
  investing. An unsigned article may lead to
  several issues, especially when you're planning
  to resale it in the future. Hence, ensure that
  your artwork is signed before purchasing.
• Except for overnight delivery
• Once you have completed the art buying process,
  you need to be patient as it may take a longer
  time for the art piece to reach you than
  expected. To avoid such delays, people tend to
  choose shippers who ship the product in the
  least time, but it may result in a damaged
  product. Choose shippers who provide shuttle
  services that combine different art shipments but
  take a longer time to reach your doorsteps. So
  be patient!

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Wrapping Up Investing in art is more like a hobby
and an investment option which goes hand in hand.
It has evolved as an excellent investment option
that can reap multiple benefits. Before buying,
ensure you conduct thorough research to make an
informed decision. You can also invest in the
Famous gladiator painting to build a rare art
collection!
Contact Us
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