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People
often think that collecting art means old masters, or at least,
art that is old. But there is also a big market in contemporary
art and for modest amounts you can buy colourful, decorative pieces
relatively cheaply.
If
you buy the right items your work of art can end up as a good
investment. www.art4interiors.co.uk pioneered internet sales of
modern art and has recently joined forces with www.artiquegallery.co.uk
They
offer items from £25 to £7,000. You can search by
price of painting category i.e. abstract or contemporary. Or just
take pot luck. And the company even lets you try before
you buy, where they will bring the painting round to your
home or business, hang it up and let you see if you like it.
Some
pieces are what artists like to call challenging
the kind of works that make people say I wouldnt give
it houseroom. But among the weird there is the wonderful.
No one knows which of the artists will hold their value or come
to be collected. But that is where the fun and the judgement
come in.
Stephen
Evans of www.art4interiors.co.uk said It is speculative.
Buy things you like, but the gallery will be happy to advise on
what they think will appreciate. If you had bought a James Thorn
original Cave Panel Painting a year and a half ago, it cost £400.
You would now expect to pay between £900-2,000. You have
to look at what is happening with an artist over the next 12 months,
then you can expect to get growth.
source:
Cook and Partners accountants
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