Art Investment

 

Read The Art of a Good Invesment  David Alsop, The Independent, 25 June 2009

 


It's well documented that art can be an interesting alternative to property or shares.  Art is tangible and the sense of enjoyment one gets from owning an artwork you love can be overwhelming. 

 

Other factors also affect value such as the amount of curatorial and collector support. Life fashion, 'branding' plays an important part in generating demand.  Collectors often take refuge in branding as a way of conferring credibility:  branded museums like the Guggenheim, Tate Modern and Te Papa;  branded artists such as Damien Hirst, Ans Westra and Neil Pardington;  branded collectors such as Charles Saatchi in London and James Wallace in Auckland; branded dealers such as {Suite}; and branded auction houses such as Sothebys and Art + Object in Auckland.  These brands have global reach.  

 

Rule # 1 is that you must love the work.  Most certainly there is interesting 'investment' art produced by New Zealand artists - one only has to look at recent price trends for the likes of Bill Hammond, Fiona Pardington, Callum Arnold and Wayne Youle.  However, things can get even more interesting if one is to participate in a market where there is international demand for an artists work.   

 

{Suite} handles a range of works by international and New Zealand artists that can be considered as 'investment' works.  Please call or email to enquire about the availability of any such works.