Acquiring and collecting art means welcoming a piece of living energy into your life. Studies show that looking at art daily stimulates the release of Oxytocin, making us feel happier and more grounded. It is a decision to surround oneself with objects that tell a story, uplift your well-being and make your home unique.
-If you are thinking about art as an investment that goes up in price and can be sold any time, the market starts at 6 digit figures. Keeping & storing the artwork while waiting for the work to be traded on the secondary market, can take years and has no guaranties.
-instead collecting emerging artists, who are less expensive but definitely above 10.000$ rather 30 to 50.000$. It´s like buying a start up, the risks is high, the timeframe is long and you just can not predict it.
-my approach in collecting is: buy what you love, what makes you feel good, inspires you and fits in your life, your mood, your space. The payback is your well being and if you ever need to sell it, it`s like selling a piece of stylish furniture, a car or a fantastic piece of clothing.
If you are thinking about collecting, or about art as an investment, understanding the art market is key. to start: I recommend the book HOW TO COLLECT ART by Magnus Resch, Phaidon.