THE ART OF COLECTING FINE AR T
Collecting art is no longer exclusive to the wealthy; if done right, art can diversify an investor’s portfolio while providing personal enjoyment and gratification. Like any pricey investment, art collectors must be informed buyers. Realizing which pieces of art you enjoy is one thing; understanding the marketplace is another. Ania Sleczkowska, art rental and sales gallery manager at the Art Gallery of Alberta, says collecting art is a long-term commitment and requires an investor to be active in the art world. “You have to learn how to spot the direction of interest in the art world,” she says. “You want to spot trends before everyone else.”
Sleczkowska says there is an emerging trend of young buyers purchasing reasonably priced works of art for the dual purposes of investment and enjoyment. But if you’re not an expert and want a leg up when considering a new piece, she says learning from art professionals like curators and art appraisers is the best way to go.
PABLO PICASSO’S Les Femmes d’Alger (“Version O”) $179,000,000