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Artwork, An Investment For The Future Or Enjoyment For The Present

Can a painting be seen purely as an ornamental work or as an investment. Certainly an old master painting hanging within the National Gallery has long passed its original point of being a visible representation, and has transformed into being an investment purely for its own sake. Alternatively, a piece in oils of a local scene might by no means reach a higher worth than its original sale price but nonetheless convey pleasure to its owner.

When paintings are used as a method of creating wealth it’s usually assumed that they will be locked away from the public eye, or to preserve their integrity. Such work then turns into a mere vehicle for realizing profit. These masters, selling for many thousands and thousands of pounds can only be bought by those rich enough sometimes with greater spending power than sovereign states. These are actually far beyond the means of an average art lover.So is there scope for the small investor to buy a piece of art that will not only give pleasure but hopefully increase in value.

The answer is optimistic and with the aid of a discerning eye and some extent of care, work by a fledgling artist can be found long before that particular person becomes famous. One supply of new artists is at exhibitions held at Universities displaying works by their students previous to graduation.Artworks, whatever the medium used or the subject, are easily and readily available. Most main towns and cities boast galleries where work could be seen and purchased.Most galleries will display works by a variety of artists, sometimes holding exhibitions showing work by an up and coming painter or one more established.

However there are different venues available where paintings is instantly available. These would include street markets where aspiring hopefuls will show their works and many bargains can be discovered, particularly where the love of art is foremost. Nor should local exhibitions be ignored, they often display paintings by amateurs, many are of a very high standard equalling those of their professional counterparts.

The topic choice is down to the purchaser at the end. Some subjects prove to be better investments than others. The smart investor with an eye on market trends will select a subject that over time will show to be in demand. An example could be of wildlife subjects being more in demand than a portrait, unless the subject of the latter is a well-known person. Nevertheless the buyer could effectively choose to purchase a specific work simply because that particular person likes it and monetary returns are of secondary importance. Sometimes even original art can be too costly for the average person. In this case consideration needs to be given to the signed limited edition prints. Excellent in every way to the original, these prints are restricted to a small run, the less the number printed, the higher the preliminary price, however with a better resale value. This is a wonderful strategy to purchase works by a famous artist but inside a limited budget.

In the final evaluation, the choice of whether artwork is a matter of investment or of ornamentation, will depend on the purchaser. It’s a risky means of long term gain but if the paintings is appreciated then the enjoyment must be taken into consideration as well. Whether it is acquired simply because of the pleasure it brings to the new owner then the painting in itself is priceless.

David Tatham, fine art dealer for over quarter of a century, has a detailed knowledge of the biography L.S.Lowry. Signed, prints and paintings can be viewed and purchased from the Lowry website.