Whether art makes for a good sound investment strategy or not, is a question that has been asked over and over again for many years. The fluctuating market condition, economic recessions, and different trends in diverse art forms constantly makes people wonder as to whether they should put their money in this market.
In this article, we try to examine the investment value of art, current trends, and the pros of investments here. You can also buy best contemporary artworks online via Londontradeart.co.uk.
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Art sales trend over the years has shown that its value has gone up. In fact, during the last twenty years, this market recorded has performed much better than the stock market. Many auctioning stores like Christie's and Sotheby's prestigious to have an increased number of works of art at the moment, thanks to their growing value and high collection rates.
Reversed art investment
These market trends have shown to do the same and often better than the stock market. Also, the artwork can be displayed on your home/office, adding to the prestige value of which is not available with the stock.
For art sellers
If you are an art seller with prestigious or creative pieces with you, the best time to market yourself is now. People are on the lookout for good pieces of art that can be purchased at a low price and later on be sold for higher returns. The Internet is emerging as a strong selling platform and artist websites, forums, and third-party sellers are today available to advertise your wares.