Art as an investment… in a quality of life
In a 2012 report by Barclays Bank, only a tenth of those surveyed reported they bought art purely as an investment. 75% revealed they bought art for enjoyment. Ten years later and in spite of the pandemic, savvy collectors continue to put a percentage of their wealth into art. According to Artprice.com, “the [art] market is back at full speed with unprecedented stats. $2.7 billion worth of contemporary works changed hands at auction over the 2020-21 exercise.”
It stands to reason that collecting art is about investing, but also in the quality of life. To be sure, there is an element of sociability to it, like book clubs, you feel connected to people by what they’ve read and experienced with you. More than anything, collecting art is about supporting artists and their creative process, expression, and style, which in turn adds beauty and makes home and work environments more enriching. Collecting art inspires critical thinking skills and helps to widen the aperture of understanding the world, other cultures and perspectives generating civil discourse or lively dialogue between viewers. It creates memories, celebrates life, and commemorates significant events. Collecting art fosters the social structure building a sense of community. It records likenesses of people and the contexts in which they lived. It entertains. It communicates emotions and ideas. And collecting art gives the buyer a sense of self-curatorial accomplishment.
We love to connect people with artists! Let us help you build your quality of life!
Kathrine Page
Project Director