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Investing in Art

4/1/2015

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Why do people invest in Art? Is it for the pure passion and pleasure they feel from the art or long term financial gain?

Some of the biggest investors in art such as Eli Broad, Steve Cohen and Ronald Lander, have spent millions on building their collection. Why do they invest so much in creating a collection of art work?

The message from the industry indicates that you should invest in what you "like", rather than look at it as an investment.
An article on the subject from the Telegraph. maybe of interest to those looking to create art to sell and also the market you should focus on.


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The price of art ? - Peter Doig example

3/18/2015

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Acclaimed artist Peter Doig is reported to have sold one of the most expensive paintings from a living artist. Originally he sold the work for a welcome £1000 to a collector. The painting was later sold for a staggering £7million. (dont quote me)
How does he feel? Bitter that he has not seen the monitory benifit? Flattered?.
My question is. "How can a painting increase in such value" ?
Answers on a postcard or simply comment below:
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    Professional artist. Winner 1994 Fuji professional award for creative publicity - BAFTA.

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