THE ART OF COLECTING FINE AR T

Alberta Venture - - The Money Book -

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

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