Sculptural Art Investing
For centuries, art investing has focused around famous
artists and their paintings. Vincent van Gogh, Pablo Picasso,
Jackson Pollack and the like have dominated the attention of
art enthusiasts.
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However, there are several other categories of art that can
make great investments, including three dimensional art. More
commonly referred to as sculpture, this medium is often
overlooked in art investing, but every bit as valuable as some
of the most famous paintings.
There is a certain stigma attached to sculptures with regard
to art investing and collecting. Perhaps one reason sculptures
lack the enthusiasm paintings command is simply because of
their bulkiness. Even the smallest piece can be heavy and
difficult to transport. They are a less attractive subject in
art investing for this reason. Art is already difficult to sell
without it being difficult to move to its new owner.
Most people that think about art investing, either for
financial or aesthetic reasons, immediately think of paintings
and drawings. The practicality of displaying a sculpture is
often a turn-off for potential investors. A sculpture of any
size takes up space, and often that is a characteristic that
steers collectors away. Sculpture is often associated more with
architecture than fine art, and the small market makes
valuation and price prediction more difficult. These are all
unattractive features if your art investing is primarily
profit-driven.
Regardless of the drawbacks of sculptural art, there are
many reasons to include it as a part of your art investing
portfolio. It may not be reasonable for everyone, but for some
investors, three dimensional art is a smart choice. Even for
the collectors less interested in art investing and more
interested in art only, there are more than a few redeeming
qualities that make sculptures a valuable addition.
A painting or drawing is often easily reproduced, making
yours less individual and more commonplace. The same is not
true for sculptures. From an art investing standpoint, the
originality of a sculpture is a good thing. Because it is
difficult to recreate, your peace may hold more value as a
one-of-a-kind. This is particularly true if it is an artist
that is famous for another medium such as painting. A famous
painter that dabbled in sculpting may have created a thousand
paintings, but only one or two sculptures.
From an art enthusiast's point of view, aside from art
investing benefits, there are many advantages to owning
sculptures. If you have the space, a well placed sculpture can
add character and depth to a room and can complement the
existing fine art you have already. It also rounds out a
collection, especially if you have other mediums created by the
same artist that did the sculpture. If all else fails, you get
the sculpture home and hate it, use it as a coat rack until you
find a buyer.
Art investing is often about trial and error. A painting you
loved at the gallery could look hideous when you get it home. A
piece that was supposed to triple in value may suddenly become
garage sale inventory. However, the sculpture that you thought
twice about could surprise you. Your art investing portfolio
should contain a spectrum of mediums, from paintings and
sketches to antique sculptures. Whether your purposes are more
art and less investing, or more investing and less art, a
sculpture can add variety you never knew you needed.
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