[bestwriter]

The word 'invetment' mostly relates to investing in shares, bank deposits, property but there is yet another instrument if I might call it and that is art.

Paintings by budding artists could be a long term investment. One needs to attend exhibitions or read about them. A birthday gift I received from my family is a painting by an unknown artist . It is years now that I possess it. I must go search and see if he has risen from the unknown

[OldGuy]

My parents had a close married couple as friends but much older than my parents. We all got to know the couple and visited their home many times. They had lived an exciting life and shared many stories with us. The wife had spent her career as a home visiting nurse and had retired long ago.

She had a long time patient facing hard times financially and there came a time they could not pay her for her services. In tears, they took two small paintings off their wall and handed them over as the best they could do for payment. They were both very little paintings, maybe 5 or 6 inches on a side. When she went home, she put them up on her own living room walls, and there they stayed for nearly a half century.

She happened to see an article in a magazine about the value of paintings and read the article. She noted a particular artist name that seemed familiar who's paintings had recently become very expensive collector favorites but could not place where she had heard or seen it before.

Maybe a week or so later as she was house cleaning, she again spotted that name ... on those little paintings she had hung so many years before. Although she didn't think it would be much, she decided to take them to an art appraiser just to see if they were worth anything.

What a shock! they both turned out to be original hand paintings from this now deceased but recently discovered artist, and each one was now worth something over $75,000! They had been given to her to pay her $10 a day visit. Yes, there can be some surprising profits in various art pieces.

[augusta]

Yes, they are arts work that are worth investing in. You just have to go for those arts you can make money off them if you need to sell them off.

[bestwriter]

Yes, there can be some surprising profits in various art pieces.
1

The sad part is that I can give you just one repuation point for this story I better go upstairs where this paiting I talked about is hung - in the guest's bedroom. This guy may have earned a name too. Keeping my fingrs crossed.

--- 31 Jan 2025, 13:59 ---

Yes, they are arts work that are worth investing in. You just have to go for those arts you can make money off them if you need to sell them off.

You have to be vigilant as one never knows when one becomes famous

[Alexandoy]

I have a friend who have bought a big number of paintings which were done by not popular painters. After 5 years he was disappointed that no one seemed to be interested in his collection. I guess investing in art work is for the rich only.

[bestwriter]

I have a friend who have bought a big number of paintings which were done by not popular painters. After 5 years he was disappointed that no one seemed to be interested in his collection. I guess investing in art work is for the rich only.

There are agents who can do the marketing.

[eldavis]

Over here people don't really invest in arts, so it's not common.

[bestwriter]

Over here people don't really invest in arts, so it's not common.

It is not common because there is no awareness

[Tendz]

Attending exhibitions and reading about up-and-coming artists you can stay informed about the latest trends in art. You may also discover hidden gems that could increase in value over time.

[bestwriter]

Attending exhibitions and reading about up-and-coming artists you can stay informed about the latest trends in art. You may also discover hidden gems that could increase in value over time.

That is the right approach Hope you will one days succeed

[darrensurrey]

Great story, Oldguy.

I've done some research into art investing.

You need to find artists who have one or more of these ticked:

-they studied at art school
-they have and are exhibiting in exhibitions and galleries
-their work is modestly priced (otherwise they may have peaked and you're buying at the top of the market)

Also, it probably helps if you like their work because you may be staring at it for a long time while they become established and their value increases!

I would also see what the artist says about the piece. There's a difference between art and a picture (and this is why AI is just pretty pictures and not art) - it's about the meaning or emotion that the creator is trying to convey. Sure, you can get an artist selling a piece of work for £300 and they say "it's whatever the viewer feels or sees" and there's nothing wrong with that but that piece of work is probably going to be sold by you for £50 when you want to get rid of it. And sure, the piece is probably worth £300 if you're willing to pay £300 but this thread is about investing and that piece is not an investment piece.

I'm sure you can find outliers to prove me wrong, of course, but this is about reducing the risk so you don't end up buying 100 pieces of art that end up being donated to a charity shop in 2035.

The business of art is a funny thing.

[bestwriter]

You have expressed your view on the risk involved. There is risk in every kind of investment But when it comes to a painting it is bought because one likes it and adrons one's house. Even if the painting is not sold it stays in the house.

Keeping a vigil on the popularity of the unknown painter is where the value of a painting increases.

[darrensurrey]

You have expressed your view on the risk involved. There is risk in every kind of investment But when it comes to a painting it is bought because one likes it and adrons one's house. Even if the painting is not sold it stays in the house.

Keeping a vigil on the popularity of the unknown painter is where the value of a painting increases.

Yeah - that's my point, you'd better be buying the art because you like it just in case it doesn't go up in value. There will be people out there who buy stuff just for the investment. Take classic cars. There were cars that were cheap because they're crap but are now expensive and still crap - if the price drops (it's faltering) then they will have an expensive piece of crap on their drive that they can't shift.