Buy Street Art Online 3 Tips
Buy Street Art Online - 3 Tips
In the UK as well as in the US street art has been flourishing in the last decade or so. Street artists such as Banksy or Alec Monopoly enjoy a great deal of exposure thanks to their unique street art. But there are also many other street artists, less known, whose artwork, usually in the form of prints, can be bought online.
Should You Buy Street Art Online?
It all depends on what type of street art you buy, and how passionate you are about it. Investing in art is generally regarded as challenging, but at the same time, known for its potential to be highly profitable. The question is not really whether investing in art (and especially in street art) is good, but whether itís the right thing for you to do. That is because to invest successfully in any alternative investment you need to pick the investment type that's right for you.
What You Need to Know When You Buy Street Art Online, here are three useful tips for when you buy street art on the web. Before making any purchases, familiarise yourself with the street art market, including the websites selling it. Learn about the street artists and their work, the formats available, the people interested in this kind of art, and the intermediaries.
1) Buy what you personally feel attracted to. Do take into account the name of the artist and the reputation of their work though.
The price of a street artwork can be misleading. Although usually reasonable, the price of street art oftentimes reflects only the current trends. In other words, the price is more reliable for collectors than for investors.
3) Settle for a piece of art that you like and that has a reasonable price, and you won't go wrong.When you buy street art online, just as when you are making an art investment in general, you need to know the market and buy what you would enjoy to own yourself.
How much do you have to invest?
How long do you want to invest for?
When do you require a return on investment?