If you have decided that you want to start investing in art, it can be daunting knowing where to start. This is due to the fact that there are various options for you to choose from.
However, once you decide the type you want to invest in, you will be able to start looking at pieces.
Some people feel like they need a degree in art, to be able to really understand the art they are looking at.
Yet, at Singulart, they believe that everyone should be able to invest in art. They give platforms to artists to showcase their work.
In this article, we will be discussing how Singulart can help you to invest in art.
Who Are Singulart?
Singulart has always had the same mission to designers and artists to share their passion for art and leave their mark on the world.
They have a deep belief that creativity and art hold a lot of power, as it is a way of someone being able to express their emotions that others can relate to.
All the artists that are showcased on Singulart’s website, are shown to a worldwide audience.
This then allows art collectors or art lovers to explore the newest artists and get inspired by pieces of work that they may never have normally come across.
Financial Aspect
As we have mentioned above, Singulart believes that investing in art should be an option for everyone.
Curator of Singulart, Marion Sailhen, has spoken about the financial aspect of investing with them. She has said that each investment can greatly differ.
You need to make sure that the investment you are making is a safe investment. Or is it a higher risk investment with the possibility of a higher reward.
For example, if you buy a piece of art for $5,000 and hope to resell that same piece for $10,000 in around 10 years’ time.
You don’t have to start off by investing large sums of money. Begin by investing $900 to $2,000.
Even though it’s a small amount of money, it can still be a great investment, if the career of the artist remains stable or grows really quickly. Both of these make that small investment look a lot more promising.
At Singulart, there are different brackets, on their website, that allow you to filter through all their art by the budget you have set for yourself.
Therefore, if your budget is less than$1,00, there will be some art for you to invest in. If you have a bit more money to play with, you can look at that category at the $,500, $10,000.
How Do You Know Their Artwork Is Investible?
Singulart checks every piece of work and artists that they collaborate with.
The most important to think about when investing in art is choosing what kind of art you want to invest in, whether that is classic art or more modern art.
Then you should always check the CV of the artist that you are intrigued to buy the work from.
On Singulart, you will find all the artists that they are working with on their website, with all the information that you need.
Which makes researching these artists a much easier task. In addition to that, all the important information that you really need is made as clear as possible, to help you make an informed decision.
Some of the information that is enclosed is whether the artist has an international recognition.
This is a really important factor when you are thinking of investing in a particular artist, or whether you want to resell the work that you invest in.
Alongside that, Singulart also offers you a search tool, to be able to filter the artists. You may be looking for someone who already has worldwide recognition, or you may want to invest in emerging artists.
Singulart gives you the options to find the perfect artist and their art that you want to invest in,
Is It Worth The Price?
Once you have found someone or a piece of art that you want to invest in, then it is important to make sure that you do your research.
When you find a price you want to purchase, it can be a complicated process to know whether it is worth the price.
Singulart will suggest other similar artists, and then you can check whether the art is worth the price, by comparing the prices of other similar artists.
You shouldn’t go to the artist about the price, as they may not know how much their art is worth, and they may not price it fairly.
However, Singulart does allow you to communicate with the artist, which may be useful to get a better understanding of the person that created the art.
Singulart have a great team that will help you through the whole process of investing art through them. Customers have praised how easy the whole process is and how open communications are.
Therefore, you can trust that the art you want to invest in, comes from a reputable source and the price is fair.
In addition, you don’t have to spend lots of money to invest with Singulart, as they have art ranging from various price ranges.
Final Thoughts
Singulart is a great way to start investing in art. They have carefully picked a broad range of artists that they believe you should invest in.
You will see artwork that you may not have come across otherwise. In addition to that, all the art that is available to purchase, can be seen on their website for you to browse through.
This is where you can also learn more about the artist and their CV. Singulart makes investing in art simple and easy.
We hope you have found this article insightful, and have a better idea on how to invest in art through Singulart.
If you enjoyed this article, you might enjoy our post on ‘How To Invest In Lumber‘.
- Essential Reasons to Implement Pound Cost Averaging in Your Investment Strategy - November 20, 2024
- Breaking the Cycle: Understanding Why We Repeat Poor Financial Decision-Making - November 18, 2024
- Unlocking the Potential: Is Silver Investment Worth It? - November 16, 2024