When looking to invest, many people want to find investments that are beneficial to their lives. This means things that are edifying and interesting for your daily life while also increasing your financial wealth. For many, this can include the purchase of fine art.
While fine art purchases are always a great investment and improve your quality of life, they are not always the most affordable investment. When looking to decorate your home, you may find yourself reduced to cheap reproductions or knock-off prints. Included here are a few ways to make fine art purchases more affordable.
The founder of Park West Gallery, Albert Scaglione, created the gallery because he desired to make fine art more accessible for the masses. This meant creating a way that fine art could be bought and sold amongst all average Americans without having to be excessively wealthy or important.
One of the best ways to find fine art to add to your home environment is through attending art auctions. Dealers will bring in pieces of art that are already proven as well as new works from up-and-coming artists. You can guarantee the piece you purchase is one-of-a-kind and only pay as much as you can afford.
If heading to auction is not your preferred method of purchasing, consider going online. Many online auctions exist and can offer even lower prices on their fine art because they avoid all overhead costs. Online galleries also may have shorter auction times on pieces which could allow you to get a veritable steal on a lower-priced piece of fine art.
Oftentimes, the best way to get a good price on your fine art is through buying pieces from emerging artists. This would include people who are new to the scene, just producing work or who have not sold much. Before being endorsed by any galleries or celebrities, many artists will sell their work for an exceptionally low price.
To find emerging artists, consider joining local art groups, seek out “art watch” type blogs or visit your local galleries and coffee shops. Many coffee shops will display works of art that are for sale by local artists for a small percentage of the sale from the artist. Getting involved with your local art advocates group and community can also expose you to greater opportunities to purchase art.
Visit Local Colleges
Surprisingly, many community colleges have thriving arts programs. The artists who are smart enough to know that attending expensive universities is unlikely to pay for itself in art, will attend local community colleges to gain skills without spending too much.
Visiting your local colleges may allow you to see what is being produced and which artists are up-and-coming. You will likely receive a significantly discounted price on the artworks because the artists are not yet proven and are simply looking for exposure.