Affordable Artwork Investing
Many people think of art simply as something to hang on their walls or add to the decor of a room. However the value of an original oil painting does increase over time which makes art colleting both an enjoyable hobby and an investment much like stocks or real estate. In fact many financial experts consider art collecting to be much less volatile than many other types of investing. Unlike stocks, which can become entirely worthless if the company goes out of business, as long as you keep the artwork in good shape it is highly unlikely to ever be worth nothing. Unlike real estate artwork is less dependant on economic forces. For the most part if you own artwork from a recognized artist and keep your original oil painting, or limited edition art print, in good condition you can only expect the value of the work to go up. Art only ever becomes worthless if the artwork itself is destroyed beyond repair.
Why then dont more people invest in original oil paintings? Many people have the idea that original oil paintings are too expensive for the average person to own. If you have gone into a local art gallery or attended a large scale art auction you may have been surprised at the high prices. Like in most things dealing with a middle man can add a lot onto the price of any item. In an art gallery the gallery itself takes a large, sometimes even majority, percentage of all sales and for art auctions the venue does the same, as well as having to pay for the auctioneer and insure all the artwork.
The best way to get investible quality art for an affordable artwork price is to cut out these middle men. Buying original oil paintings direct from the artist insures that you get a great deal on your art and that your money is going directly into the hands of the creator of the artwork. Leonid Afremov has both an online art gallery and does online art auctions from his own website. Many of these are $1 art auctions- and unlike large scale auction houses there is no reserve. If the high bid stays at $1 the bidder wins the artwork, there are no hidden fees to drive up the price or loopholes so the sale can be cancelled.
Another option to make sure that affordable artwork gets into the hands of the people who really appreciate it and not just the people with the most money in their bank accounts are Afremovs limited edition art prints. These archival quality art prints of some of this artists most popular original oil paintings are of a limited run, are hand embellished by the artist himself, are signed and numbered by the artist, and come with a certificate of authenticity. These limited edition art prints are another great investment to consider.