There are many methods you can use to trim down the price and make sure it fits into your budget. Here are a few tips on how you can reduce the price of art, ranging from negotiating a discount to art commissions.
Getting back into the art collecting game in the time of the post-pandemic can be difficult. Funds are reduced, jobs are uncertain, and buying art can seem like a luxury. Luckily, there’s an exciting world of affordable artworks out there, fit for all tastes and all budgets.
In normal circumstances, collectors would be flying the world visiting one art fair after the other. But due to the gathering and travel restrictions collectors are forced to buy art from their homes. The virus accelerated the art world’s digital transformation, but its overall results were mixed, to say the least.
A professional art consultant (also called art advisor) can educate clients both about art history and the art market. Many art consultants take their clients to art fairs, galleries and museums to help them learn more about a certain art genre or art history as a whole as well as how the art market functions.
Apart from having an impact on their career, investing in living artists can change the future of art as a whole. If we want to have a constant flow of quality art in the future, we need to invest in the artists of today. However, supporting upcoming artists goes beyond the world of art and affects the entire society.
It appears that there is no industry in the UK which will be untouched by Brexit, including the art world. What does the British art industry look like in post-Brexit Britain? With her extensive experience, Olyvia Kwok is perfectly placed to be able to help us to unlock how Brexit might impact the UK art industry.
Art advisors work both with individual and corporate clients, seasoned collectors and art collecting novices. Art advisors cover everything from big corporate acquisitions to small one-time purchases. They can help their clients decorate hotels or source a single piece for a specific collection.
Sometimes it seems like artists get instant recognition for their work. But more often than not the success of an artist is the result of a thought-through strategy constructed by other art professionals. Let's talk about the role of galleries, dealers and artists’ estates in building powerful artists’ brands.
Although some art investors manage to get high returns on their purchases, investing in art is, in fact, a high-risk endeavor. Art investments carry a wide range of risks and expenses that many people aren’t aware of when entering the market - let's look into some of them.
Art auctions are considered the most transparent art trade channel out there – sales are clear, prices are made public, anybody can participate. However, there are some unclear practices that cast a shadow over the seemingly straightforward auction process.
Purchasing or selling art can be a long process with lots of factors that can affect the final price. One of them is taxes you'll have to pay. Various taxes can significantly raise the price of the artwork. That’s why we composed a list of several different taxes you'll have to pay when purchasing or selling art.
The price of art depends on many factors, some of which can be manipulated by collectors to grow the value of their pieces. Let’s take a look at how collectors can influence these factors to increase the value of their collection.
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