1. Investing in art works has increased over period of time as art works is able to deliver returns during an economic boom as well as a slowdown. Auction houses has enabled provision of secondary market for the sale and purchase of the art work and thus the liquidity has increased substantially.
2. Even a few art funds have been launched which are helping investors realise their long term goals. However before investing in any art work do remember to undertake independent and objective advice on art works.
3. I bought a few good paintings 3 years back at meagre RS 2000- Rs 3000 per piece and now same were being sold for more than 10,000 by the same artist. I just bought it for the decoration of my house and it is serving dual purpose by being able to decorate my house as well as help me in appreciation of my assets. A number of upcoming Indian artists exists who have the potential to be tomorrow winners. One should guard against the lack of transparency in pricing which puts off a number of potential buyers.
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2. Even a few art funds have been launched which are helping investors realise their long term goals. However before investing in any art work do remember to undertake independent and objective advice on art works.
3. I bought a few good paintings 3 years back at meagre RS 2000- Rs 3000 per piece and now same were being sold for more than 10,000 by the same artist. I just bought it for the decoration of my house and it is serving dual purpose by being able to decorate my house as well as help me in appreciation of my assets. A number of upcoming Indian artists exists who have the potential to be tomorrow winners. One should guard against the lack of transparency in pricing which puts off a number of potential buyers.
Subscribe Here to Get Free Millionaire Potential Stocks in Your Email Inbox Free Of Cost.
