Art for profit's sake
February 6, 2012 | Raya | Comments (1)
(Snow Clouds by Franklin Carmichael, 1938)
Collecting antiques has been a hobby of mine for many years. I originally started collecting antiques because I took an interest in a particular period in history and wanted to have some of the objects from that period to display in my home. Many people buy art purely as an investment while others buy art because they want to acquire beautiful things. Not every piece of art is a good investment. Anthony Westbridge, a Vancouver art dealer and auctioneer, recommends dealing with reputable dealers or auction houses. Attend numerous auctions and visit as many secondary market dealers as possible before making your first purchase. Do your research so that you can enter the market with the knowledge and confidence you need to make any purchase. And finally, Westbridge says, stay within your budget and don't get involved in a bidding war.
So, if this kind of investment is for you, start your research by taking a look at these books:
