An Introduction to Art Investment
As auction records continue to be regularly broken and the art market continues on an upward climb more and more people are taking an interest in investing in art. But where does one start??? I would suggest first of all that you do some research into the art market starting with some of the major newspaper and financial news websites in your country which will should include articles and columns on art and the art market. If you search for art and art and art investment in the news website archives you should come up with quite a bit of information, facts and figures to give you some kind of idea of how the art market is tracking.
I would also have a look at some of the art market index sites such as artprice.com, findartinfo.com and artnet.com all of which will give you give you some idea of how the performance of the art market is tracked. It is important for you to do your own research to satisfy yourself which shouldn’t be too hard considering all the positive press that the art market has received lately.
Before you begin deciding on the best approach to art investment for your situation it is important that you understand the art market and the various options available to you so that when it does come time to make a purchase you are able to make an informed and rational decision.
**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of artmarketblog.com, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications.