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Author:
Sian Whitehall

An artist’s background is important and definitely impacts on the value of their artworks. Most of us understand that an artwork by an established or accomplished artist is worth more than that of an lesser known artist. An investment quality contemporary artwork is usually made by an artist who has specific art education, who has successfully exhibited his or her works and has some gallery placements. Like all material investments, artworks represent both intrinsic value and expected return.

In term of education, mastering art technical skills and knowledge is currently a desirable educational stepping stone for successful artists. Many aspiring artists acquire an MFA (Master of Fine Arts) degree. In earning an advanced degree, students make artwork under the tutelage of working artists who teach both skills and ideas. Formal education in art exposes aspiring artists to peer criticisms and guidance, helps them build connections and relationships that assist them to have their work exhibited as well as having other advantages both for the practical act of making art and in having the skills and forming the relationships to promote that art.

Artists build their careers over time. For any artist to become successful it is necessary for them to promote their artwork and this is generally done through exhibits. An artist who may be a worthy investment has a mixture of solo or two artist exhibitions roughly every two years in notable galleries. Most favourable artists will also have their art hung in museum exhibitions. A placement of an artwork with a museum is considered a significant achievement. In most cases, particularly with emerging artists – if their education and exhibition history indications are favourable and the artwork is aesthetically pleasing to you, then it is a good investment. Depending on what stage of their career an artist is currently. It may also be informative to look at the auction results of their artworks to see if the value of their artwork is steadily increasing. As a tangible investment, artworks represent both intrinsic value and expected return. As a final rule remember to buy only what you love as every art investment is always going to be partly ornamental and partly investment.

Sian Whitehall is the co-founder for Smart Art Investments. An Australian art investment website. She has built a knowledge base of Australian artists and art investment information and would like to share her own knowledge and understandings with others.

Please accept our invitation to visit our online gallery at http://www.smartartinvestments.com.au to view some fine Australian investment art and learn about the art of investing.

| Article Keywords: Art

A Quick Note From The Publisher... If you like the article above, you may be interested in the following article which is also related to Art... Abstract Art Galleries An abstract art gallery or museum usually hosts art exhibitions and is also used as a location for the sale of art. Some of the abstract art form represented in such museums includes fauvism, cubism, surrealism and abstract expressionism. Some famous abstract art galleries in the world are Centre Pompidou, located in Paris, Stedelijk Museum in Amsterdam, and the Pecci Museum of Contemporary Art and Peggy Guggenheim Collection in Italy. England hosts some famous abstract art museums like Annely Juda, Estorick Collection, Modern Art Oxford, Serpentine Gallery, Tate Modern, Tate Britain, Tate St Ives, Tate Liverpool and Pier Art Gallery. The United States also boosts two popular art galleries, the Museum of Modern Art and Whitney Museum. Centre Georges Pompidou, commonly known as Pompidou Centre, houses around 50,000 art works including paintings, sculptures, drawings and photographs. On the other hand, the Peggy Guggenheim Collection is a small museum on the Grand Canal in Venice, Italy, which primarily contains the personal art collection of Peggy Guggenheim. However, the museum also displays collections of other prominent American modernists and Italian futurists, and includes work based on themes of cubism, surrealism and abstract expressionism. The museum has gained prominence in Italy for its collection of European and American art of the first half of the 20th century. England houses some well-known art galleries. Modern Art Oxford and the Tate Gallery have some amazing abstract art collections. Modern Art Oxford was established in 1969 by a small group of Oxford dons and hosts works of renowned artists like Tracey Emin. Tate Gallery encompasses Tate Britain, Tate Liverpool, Tate St. Ives and Tate Modern, and houses some of the best abstract art in the world. ...