The experience of attending a local Beaverton art exhibition is a pleasure enjoyed by people from all walks of life. For some enthusiasts, however, appreciating art serves an additional purpose. Investing in art might sound like an activity reserved for high-end collectors, yet it’s actually more accessible than many people realize. If you’re weighing up the potential of art investment, here are some benefits to consider.
What Are the Advantages of Investing in Art?
People buy art for many reasons, from brightening up a home to intentionally building a valuable collection. We find that when people take their first steps into art investment (no matter the motivation), that they will discover many upsides.
Potential for Appreciation
The potential for art to significantly appreciate in value has made it a go-to option for investors around the world. When talented artists increase their exposure and popularity an earlier work could become a quite valuable commodity, as new trends in the art world lead to a gradual or sudden rise in value.
Diversified Investment Portfolio
Many a wise investor uses art purchases to diversify their portfolio. While turbulence in the financial market can see stocks, bonds and other assets rise or fall, your art investments typically won’t track these trends, and can offer some stability.
Cultural Enrichment
Very few investment opportunities offer the same cultural value as art. Among the many benefits of buying art online is the opportunity to surround yourself with beauty and creativity in your daily life. Whether exhibited in your home or kept in storage for occasion viewing, the emotional and intellectual rewards of owning art cannot be underestimated.
Tax Incentives
Investing in art can offer some potential tax incentives depending on your location and other factors. Getting tax relief for a purchase may be possible, as the IRS holds art to be an alternative investment category. Of course, these benefits vary for each collector, so you’ll need to consult a tax or investment professional.
Networking Opportunities
The arts community in many cities is lively and engaged, with many opportunities to attend social engagements, visit exhibitions and build relationships with like-minded people. When you start investing in art, you’ll find it easy to network with galleries, artists and other collectors for future purchases.
Support New and Talented Artists
New and talented Oregon artists often rely on the support of investors and those appreciative of their work to fulfill their potential. When you identify a new talent, it’s usually possible to buy their art at an affordable rate. By making a purchase early-on you can both support an artist’s development, and possibly find a gem that soars in value.
Invest in Art From Top Oregon Artists
Grey Raven Gallery is a popular Oregon art gallery located in Beaverton. We display and sell works from a range of much-loved artists, offering paintings, prints, textiles, jewelry and sculptures. Visit our gallery today or buy art from our online shop.
