When most people see the prices for art, they are getting astonished. The figures may look especially incredible for abstract art while some of it may not require any outstanding painting skills and is more concentrated around an artistic idea. Still, modern art pieces may go for millions, so answering why can be rewarding in itself. It is especially true for anyone … [Read more...] about Why Art Is So Expensive?
Have you ever wondered why a piece of canvass with a few splashes of paint or abstract forms on it may cost millions? Discover the world of investment art together with our authors, sharing market basics, facts, and latest trends. Keep reading our articles below and find Picasso among aspiring artists.
More than often the first encounter with contemporary or modern art makes many of us shrug. Phrases like “I or my 4-year old could do better than that" are heard so often that they have become a no-no expression in professional circles. Still, in many instances, such a reaction from laymen and beginner art investors alike may be well anticipated. Developing gut feeling for … [Read more...] about Understanding Modern Art: A Short Guide for Beginner Art Investors
Investing in art was always popular with the rich and powerful who commissioned artists for creating artworks to decorate their walls. With art pieces being a limited commodity, the demand has been consistently high, making art a popular investment asset. Today, only in the United States, the total value of art possessions is estimated at around $1 trillion. The majority of … [Read more...] about What Are the Reasons for Investing in Art?