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Have you ever wondered why people collect art? Any art collector would have a reason as to why they chose to start their very own art collection. We’ve put together a list of a few of those reasons. Who knows? It may offer up some inspiration for you to start your very own art collection.
COLLECT ART TO DECORATE YOUR HOME
“I started collecting art (…) simply because I wanted pictures to hang on the wall. I noticed what a difference a picture could make to the ambience of a room and indeed how shifting work around could change a room’s whole feeling.” (Michael Audain)
Hanging art on the walls of your home adds personality to your private space. Art incorporates colour and texture to your home, adding more depth. It can transform a dull, uninteresting room into a livable and complete habitat. Art and interior design go hand in hand. They work seamlessly together. Art is so versatile that whatever style you choose, it will be an expressive and creative addition to your lifestyle and your home decor.
It is an expression of who you are but not only that but the art you choose to decorate your home with shows off your creativity. There really is no reason why we shouldn’t all be filling our home with beautiful works of art.
COLLECT ART TO CREATE ART
“If a patron buys from an artist who needs money, the patron then makes himself equal to the artist; he is building art into the world; he creates.” (Ezra Pound)
When you purchase art from an artist, you’re financially supporting them. When an artist doesn’t have to worry about their financial situation, they can create more art. Hence, when you start collecting art, you’re indirectly creating it. What a wonderful thought.
Particularly since the beginning of the COVID-19 pandemic, artists have taken a huge financial hit. Some European governments are offering art collectors interest-free loans for purchasing local artwork. Kunst Aan Zet offers support for galleries and art collectors in Flanders and Brussels while Collector Plan is a program set up by the Arts Council of Wales. The Netherlands also have a zero-interest art collector loan called KunstKoop.
Furthermore, New York Painter Guy Stanley Philoche, hit the headlines back in December 2020 for acquiring more than $65,000 worth of artwork from artists who have been affected by the coronavirus pandemic.
COLLECT ART FOR THE SAKE OF IT
“Collecting is not really about art, or Pez Dispensers, or whatever. Collecting is about collecting.” (David Blanchard)
What’s wrong with collecting art for the sake of it? Do we all need a reason for doing something or can we just collect art because we want to?
COLLECT ART AS A FORM OF INVESTMENT
“I do not invest in art as a financial instrument. Art is an investment in quality of life.” (…)”Art is there to stimulate our minds and to question our ways of thinking and not to be simply a further financial investment!” (Francesca von Habsburg, in: Adam Lindemann, Zeitgenössische Kunst sammeln, Taschen 2006, p. 169, trans. Andrea Buckland)
There are many moving parts when it comes to collecting art, particularly if it is a form of investment – you really need to know where to begin. That being said, art collecting can be financially profitable. Art tends to appreciate steadily over time, meaning that, if you acquire wisely, your collection will increase in value over time, not only that but there are no market fluctuations in collecting art. But bare in mind, art collecting for the purpose of investment can only become a fruitful investment if you do your research well.
COLLECT ART BECAUSE YOU PURELY ENJOY ART
“If buying art is to matter to us deeply, then it has to engage with our emotions and bring something to what one might as well, and with no supernatural associations whatsoever, call our souls.“ (Alain de Botton)
This is arguably the most important reason why you should collect art. Yes, it can be a financial investment, yes it could work well with your home decor, yes you can be supporting the arts. But ultimately you should love what you’re collecting.
A 2012 report titled ‘Profit or Pleasure? Exploring the Motivations Behind Treasure Trends’, interviews 2,000 wealthy individuals in 17 countries. The results were that only a tenth of those questioned said they collected art for investment purposes. 75 per cent stated that the reason why they collect art was for the pure enjoyment of the work. They are collectors first and investors second.
COLLECT ART TODAY
Check out some of the top artists represented by UP & COMING ART and start your very own art collection today.
Sculptor Aleksei Medvedkov creates masterpieces by fusing recycled scrap metal with old tools. Aleksei works from his creative workshop alongside fellow metal sculptors to create fine-art pieces from scrap metal.
Russian-born artist Yulia Ani, produces abstract, multi-layered paintings. Each painting takes you on a journey, layer upon layer of exploration. Her harmonious use of colours create a warm and comforting atmosphere for your home or workspace.
Fine art photographer Ugne Pouwell, finds inspiration in the likes of Carl Gustav Jung, Saul Leiter & Jonas Mekas. This results in various abstract compositions. The monochrome enhances the intensity and emotions of the story behind her subject.
Swedish-born sculptor Johannes Nielsen captures a synergy of realism and introspection in his work. His creations centre around the human body and mind, yet most of the time, his work is not what it appears to be at first glance.