Reprinted from an article by Ivan Cavric
I am in no way affiliated with Mr. Cavric or Prime Quest Capital Corp.
Have you ever considered collecting art for investment purposes? If you are at
home or in your office take a quick look around. Chances are that you have some
sort of art hanging on your walls. You or someone else selected it because you
need something to put on your walls and you liked how it looks. In some cases the
price may have been a consideration. Since you will be buying art, why not select
works that have investment potential?
When it comes to collecting art most people feel inadequate or intimidated. We
have been led to believe that you require specialized knowledge to be an art
collector. The critics and most experts don't offer any help either. Some are more
interested in selling their particular showings rather than educating you how to
become an art lover and a long term collector.
Collecting art can be very profitable and enjoyable. It is one of the few areas
where you can have your proverbial cake and eat it too. Anyone can become a
successful art collector.
BUY ONLY ORIGINALS! Originals are one of a kind. Once an artist becomes
well known there will be many collectors bidding but only one original will be
available.
However, before I get into the basics one point needs to be clarified. I am not
writing about collecting the works of masters such as Dali, Monet, Van Gogh etc.
For this type of collecting you do indeed need specialized knowledge that comes
from years of study. Most of these works have proven their investment quality and
serve as motivation for us to find the next great masters. And there will be new
masters! The only question is which ones.
That's where the fun in art collecting is! You just may be the one of the few who
started buying the early works of an artist who suddenly becomes famous. It is
possible! Imagine for a moment having purchased some early works of an
unknown artist named Picasso. Early in his career his works were affordable and
easily available to anyone. Now, look where the prices for originals have gone to -
some sell for millions. And since we have already established that you will be
buying art anyway, why not buy art as an investment? Who knows, in 5, 10 or 20
years the artist may be the next Dali.
The Internet is a phenomenal resource. All kinds of information is available at the
click of the mouse. It is also a good tool to share and promote your newly
discovered artist. Keep in mind that the reason artists are famous is that they are
well known. The more people you tell about the works you acquired the more will
get to know the artist. Don't be shy, share your discovery with others. Everyone
will benefit.
Finally, don't procrastinate, go out and start collecting. There is only one way I
know of to become an experienced collector and that is to start as a novice.
Everyone has to start somewhere. Don't get discouraged. It's true that everyone is
a critic, but the only critic that matters is YOU!
Ivan Cavric is President and Managing Director of PrimeQuest Capital
Corp. Mr. Cavric specializes in providing investment and business
consulting services to indiviual private clients and corporations.
For over a decade Mr. Cavric and PrimeQuest have provided specialized
consulting services to a growing list of entrepreneurial clients.
This is reprinted from an article on the following page:
http://www.herhobbies.com/collectibles/art.shtml. It has not been reprinted in it's
entirety, but all the words are Mr. Ivan Cavric's verbatim.
I am in no way affiliated with Mr. Cavric or Prime Quest Capital Corp.
Only those who attempt the absurd will achieve the impossible. I think it's in my basement... let me go upstairs and check. --M. C. Escher
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Sherry Baumann
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An Article About Collecting Art As An
Investment