Man is a collector by nature: the act of collecting has been with us since prehistory, at that time man accumulated objects. Prehistoric man, motivated by reasons that go beyond simple survival, accumulated repeated artifacts. Archaeologists prefer to relate the habit of storing objects to the survival instinct and not to address the field of collecting research. The American School recognizes in this habit of prehistoric man a primitive form of collecting. The French School, on the other hand, prefers to cite the Middle Ages as a landmark of collecting. A time when the collections of weapons and sacred relics were famous.
The American School recognizes in this habit of prehistoric man a primitive form of collecting. The French School, on the other hand, prefers to cite the Middle Ages as a landmark of collecting. A time when the collections of weapons and sacred relics were famous.
Collecting art is a safe and guaranteed investment
When buying a work of art, they are revalued by at least 5%. Art prices are not subject to much volatility and uncertainty like other investments, but of course you have to take the advice of a good art advisor into account so that not only your investment is assured, but that your return on investment is guaranteed.
Currently the art of noble metals guarantees a good investment and profitability: the gold bar probably ends up in a safe. On the other hand, the noble metal works of art are the result of a great investment and a status symbol.
Art investment in deceased artists continues to prevail for the sake of profitability, although 2% of acquisitions of living artists correspond to already almost 4%. According to a report by Art Basel and UBS, sales in the world art market reached 67 billion in 2018, 6% more than in the previous year, with an increase of 9% per year in the last decade (2008-2018).
According to Art Market Research in the last 10 years, the works of contemporary artists have been revalued by an average of 12.4%, surpassing the emerging market, raw materials and the bond market. James Touzer published an article in The Economist in 2016, in which he showed that profits from the art market surpassed the American S & P500 index.