Jul 28, 2014
Investment activities do not necessarily constitute a business or trade. Some devious collector-investors call themselves art dealers so others will offer them art at wholesale levels and they do not pay sales tax.
Jul 11, 2014
Investors often store in warehouse or bank vaults paintings valued at more than $1,000,000 to protect them from being damaged or stolen.
Jun 25, 2014
When scanning a painting for the first time, examine its condition and view it under a black light to discover if it has had new paint added to it.
Jun 13, 2014
An art investor reviews, evaluates, and reworks details pertaining to investments, keeps careful watch over the art market, is aware of developing cultural and economic changes, and is able to hold assets if a disaster causes the financial markets to come to a standstill.
May 27, 2014
It takes more than money to make a sound art investment. Constructing a successful, diversified investment portfolio isachievable with properly integrated data from analysts, strategists, economists, and art experts.
May 5, 2014
Before purchasing a painting a person needs to understand what he or she is looking at, know how the art market favors or disfavors an artist under consideration, be able to evaluate the worth of the artwork and the reputation and credibility of a seller , or find a qualified person who can assist.
Apr 14, 2014
For art to remain pivotal in people’s lives, artists need to be sponsored and encouraged to experiment freely.
Mar 24, 2014
By 1990, too many buyers identified art as a lucrative commodity (not an invaluable aesthetic) and untutored investors flooded the marketplace. Their demand to purchase for profit clashed with the desire of purist collectors to keep art.