Frank Bramley (Newlyn School) oil painting 'The Tulip Tree'. Sold for £13,000 in May 2012
beyond those of indigenous porcelain, furniture and works of art. There are already signs that this is beginning to take place at the upper end of the market and encouragingly, the Mei Moses Old Masters and 19th Century Index showed a 6.4% increase in values in 2012.
Another potential source of work for aspiring investors in modern works are the art college graduate
exhibitions held annually, and shows for young emerging artists such as Frieze and the Affordable Art Fair in London and the LISTE Art Fair Basel. Here, potential investors can view works by hundreds of different young artists, with prices ranging from just £50 to £4000. The trick is to try to spot talent which will propel a particular artist into the limelight, carrying the value of their existing works with them. Not easy to achieve, but a buyer with
a good eye, who is willing to put in the work and has learnt to understand what can set an artist on the road to wider recognition can reap the rewards over time. A good example of this would be the artist Chris Aerfeldt, whose work as a recent graduate could be bought for £1,000-£1,500 around six years ago, but which now commands figures well in excess of £10,000 since inclusion of his work in Charles Saatchi’s collection.
Having said all this, there is a golden rule for anyone potentially considering investing in art, which bears repeating again and again. It is simply ‘Buy art because you love it’. No investments are guaranteed and investing in art is certainly a high risk strategy. The time and effort spent searching can be extremely rewarding but make sure you like what you buy – at least that way you will never regret your decision to take the plunge!
20/20 Finance & Investment
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