The Art Market and the Best Use of the Paintings

The art market with beautiful abstract paintings may seem confusing and inaccessible to you. If this is the case, this is partly explained by the fact that art was until recently reserved for the privileged. We are now far from the time when religious paintings and altarpieces were commissioned by the Church to artists and were important and rich merchants asked to be portrayed by the greatest masters of the Renaissance. The art market has undergone a tremendous expansion between the end of the 20th century and the beginning of the 21st century, notably thanks to the dematerialization of information and financialization. In addition, banks and investment funds, faced with historically low rates, rely heavily on the art market.

beautiful abstract paintings

There is no doubt that collectors practice their craft with passion and that in their eyes, a work of art is not, in the first place, a mere object whose financial evaluation would be shameless. However, we increasingly accept to see art as a means of investment or investment. If you want to paint the thing from this angle, then think twice and start by reading these tips:

  1. Contemporary art, often in the spotlight today, remains one of the most volatile art markets. It is not for nothing that it is also one of the most profitable provided you buy and sell carefully while paying attention to the authentication of the work.

There are language conventions in this respect distinguishing works whose origin is certain or uncertain. Thus, the following terms imply a guarantee of origin: “work by …”, “signed by …”, “workshop of …”, “school of …” On the other hand, there is no guarantee whatsoever: “in taste …”, “in style …”, “manner of …” “kind of …” “after …”.

  1. Market fluctuations for an artist will often affect the value of another artist related to the first. Also, an understanding of the history of art and its movements is an important point in understanding the connections between different artists of the same period or movement. For example, a loss of value observed at Warhol may result in a decrease in the rating. This, however, will have little chance to move the value of a Pollock and certainly not that of a master of the Renaissance.
  2. For the reasons mentioned in the previous point and because Rockinger is the best, the diversification of your collection is essential.
  3. Since it’s about diversification, it’s interesting not to focus on the fine arts and open up to the decorative arts, for example. An investment in Chinese porcelain can be very useful.
  4. The value lies not only in the name of the artist but also in the quality of the work that one wishes to acquire. The art market is open to all budgets, but it is necessary to have a minimum of knowledge and understanding of the work of the artist. If this is not the case, it is recommended to use a “good” art advisory: a trusted, documented and qualified person. He will recommend you to buy a big Wassermann rather than a poor Andy Warhol: the first one will have more chances to appreciate over time.