Despite the challenging conditions 2020 has brought, the art market has continued to grow at a significant rate. The art market's detachment from stocks and shares, means our investor's assets haven't been swept away with the economy as many markets have.
With the independent demand for limited-edition art steadily growing year by year, it's no wonder why so many have decided to invest in the art market since lockdown. Our network of relationships with leading galleries and private art collectors ensures our clients have access to some of the rarest, most sought-after, and profitable pieces for your investment purposes.
With the new year quickly approaching, it is time to recognise where your investments should be, and how to strengthen your financial assets for investment in 2021.
The Resilience of Limited-Edition Prints
The truth of it all is that art sells. Even in times of hardship, the market and its buyers know the value of artwork and look to it for inspiration. Even through the recent economic uncertainty, many have experienced, collectors have continued to be actively engaged in the art market.
The fine art market is a thriving one and there is a large supply of limited edition art prints produced every year. More importantly, the demand for these prints seems to be growing at a constant steady rate regardless of local, national, or even global economic wobbles. Indeed, there are many experts who consider collecting in the fine art market to be a better option than commodities such as gold, even in trying economic times.
The art market has been tracked and analysed on a professional level for many decades. The results have been very encouraging to the market, though they have not been widely disseminated – the trend is to keep a ‘good thing’ to one’s self. Experts like Wolfgang Wilke (Dresdner Bank, 2000) have found that on average fine art and limited edition art print sale prices rise more than comparable goods in times of short-term economic recovery, and follow the overall economic trend with a positive bias.
Have a listen to Smith & Partner's Senior Portfolio Manager's conversation with LBC radio as they discuss the benefits of investing in limited-edition art prints.
Taking Confidence In our Collection
When a limited-edition run of prints is created, there will be no more. They are produced under the watchful eye of the artist and/or their master printer, who ensure they are of the highest quality. Using the finest papers and inks alongside the best technology the industry has to offer, means that having such pieces in your portfolio is a marker of incredible quality. As such, each print comes with a certificate of authenticity that is signed by either of the aforementioned individuals.
Within the art market, the majority of the buyers are high net worth individuals – specific people with the resources to invest in this unique commodity. Next come art dealers and museums, both individual and corporate.
The majority of sellers in the art market are not individual artists. Auction houses and galleries account for the bulk of the pieces sold as they have the reputations and contact networks among suitable buyers to make the effort economically feasible. Only a few artists sell a great deal of work personally and then only the most well-known.
What Smith & Partner Can Do for You
We pride ourselves on providing a diverse range of artworks for all styles and budgets. We aim to make collecting limited edition fine art prints and the art market in general much more approachable to prospective collectors with little or no experience, as well as providing a range of specific services for those already familiar with the market.
Book a free consultation with one of our art brokers and find how you could benefit from investing in the art market today.