Art as an Investment
People have been buying art for thousands of years, and the reasons for the purchase of art is almost as numerous.
Increasingly, people have been buying art as an investment. The ability for Australians to manage their own superannuation has increased the amount of art being bought and sold for investment. If you are considering purchasing art as an investment the following points will be useful.
Before You Buy for Investment
Does the artist you are buying have a good record of sales at the price you are considering.
Has the value of the artists work been increasing over time.
Has the artist ever sold at auction.
Was the work the created using artist quality materials. (this is important as it work created with inferior quality materials can fade or degrade within a few years, ruining your investment)
Was the work framed using archival quality materials and processes. (This is just as important as the artist quality materials as poor framing can destroy the art work)
If you are buying work through a gallery they should be able to confirm all of the above points.
The Broome 6 Gallery uses Art House Framing and Art Supplies for all its framing. Art House are the only framers in the Kimberley to offer a life time guarantee on all its archival framing.
The gallery now represents more than twenty artists, all local to the Kimberley area, including Indigenous work of the Wandjina tradition from the people of Mowanjum Community. All work in the gallery has been created using artist quality products.
Visit our forthcoming exhibitions page to see the events planned for the Gallery for the rest of the year. If you would like to be reminded of these events click here and supply your email address to us and we will send you a reminder before each exhibition comes up.
it is our policy not to supply or sell our mailing list to anyone outside the gallery and its associated company.
