irl1
Full Member
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December 2017
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This is a good read, by Criminal Mischief on Jul 22, 2018 4:05:41 GMT 1, I agree, read this article yesterday. Pretty depressing, if you ask me. As a millennial that's recently caught the bug, sad to see the decline of collectors buying for the intention of aesthetic appreciation and increase of buying to turn a profit. I wonder if that will change in time as they become more mature/more seasoned collectors.
I agree, read this article yesterday. Pretty depressing, if you ask me. As a millennial that's recently caught the bug, sad to see the decline of collectors buying for the intention of aesthetic appreciation and increase of buying to turn a profit. I wonder if that will change in time as they become more mature/more seasoned collectors.
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shy
Junior Member
Posts โข 1,590
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June 2018
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This is a good read, by shy on Jul 22, 2018 4:40:32 GMT 1, It's basically the writer's opinion. Doesn't mean it's 100% accurate. i know plenty of millennial's buying to hold and not looking to turn a profit. So I don't believe this generalization is necessarily accurate.
It's basically the writer's opinion. Doesn't mean it's 100% accurate. i know plenty of millennial's buying to hold and not looking to turn a profit. So I don't believe this generalization is necessarily accurate.
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blerd
Junior Member
Posts โข 1,349
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November 2016
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This is a good read, by blerd on Jul 22, 2018 9:55:05 GMT 1, It's basically the writer's opinion. Doesn't mean it's 100% accurate. i know plenty of millennial's buying to hold and not looking to turn a profit. So I don't believe this generalization is necessarily accurate.
It's basically the writer's opinion. Doesn't mean it's 100% accurate. i know plenty of millennial's buying to hold and not looking to turn a profit. So I don't believe this generalization is necessarily accurate. Its not the writers opinion its based on a nationwide survey of Millennial collectors by the US Trust. |
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irl1
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Posts โข 9,274
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December 2017
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This is a good read, by irl1 on Jul 22, 2018 11:33:25 GMT 1, I think a lot of people buy with investment in mind, be it short or long-term. Unless you have very deep pockets anything over a couple of grand, you really do have to think about the value. Art is a big outlay for a lot of people, more so if they have other bills and a family to support. We would all love to buy the art we like but a lot of the times its just out of reach. Look at art before the crash, it was nearly impossible to gauge what a piece would go for. A lot of art then was purchased with the banks money, which gave us a false market.
You can't really blame people buying art with some kind of investment in mind. Its nice to know you have something you like, and something you can sell (be it for cost or profit) for that rainy day.
I think a lot of people buy with investment in mind, be it short or long-term. Unless you have very deep pockets anything over a couple of grand, you really do have to think about the value. Art is a big outlay for a lot of people, more so if they have other bills and a family to support. We would all love to buy the art we like but a lot of the times its just out of reach. Look at art before the crash, it was nearly impossible to gauge what a piece would go for. A lot of art then was purchased with the banks money, which gave us a false market.
You can't really blame people buying art with some kind of investment in mind. Its nice to know you have something you like, and something you can sell (be it for cost or profit) for that rainy day.
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shy
Junior Member
Posts โข 1,590
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June 2018
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This is a good read, by shy on Jul 22, 2018 21:06:43 GMT 1, I agree irl1 art can be an investment but more so at the blue chip level... or if one wants to save a few pounds then they can try emerging artists but it's a high risk game
pre blue chip market is a good bet but only if you ride the "right artist"
there's so much amazing art on the market- so many talented artists but very few will strike gold
so buyer beware!
I agree irl1 art can be an investment but more so at the blue chip level... or if one wants to save a few pounds then they can try emerging artists but it's a high risk game
pre blue chip market is a good bet but only if you ride the "right artist"
there's so much amazing art on the market- so many talented artists but very few will strike gold
so buyer beware!
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irl1
Full Member
Posts โข 9,274
Likes โข 9,380
December 2017
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This is a good read, by irl1 on Jul 22, 2018 22:01:05 GMT 1, I agree irl1 art can be an investment but more so at the blue chip level... or if one wants to save a few pounds then they can try emerging artists but it's a high risk game pre blue chip market is a good bet but only if you ride the "right artist" there's so much amazing art on the market- so many talented artists but very few will strike gold so buyer beware! 
I agree irl1 art can be an investment but more so at the blue chip level... or if one wants to save a few pounds then they can try emerging artists but it's a high risk game pre blue chip market is a good bet but only if you ride the "right artist" there's so much amazing art on the market- so many talented artists but very few will strike gold so buyer beware! The only artists i ride at the moment are dead one's |
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moron
Junior Member
Posts โข 2,711
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September 2017
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This is a good read, by moron on Jul 23, 2018 18:59:39 GMT 1, Doesn't this,
A new survey of "high-net-worth collectors" by U.S. Trust reveals
make the survey meaningless?
Doesn't this,
A new survey of "high-net-worth collectors" by U.S. Trust reveals
make the survey meaningless?
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