Understanding the fine art market during the pandemic requires understanding that fine art goes far beyond looks. As many know fine art is an investment. While many will tell you that the fine arts market is down nearly $14 million dollars annually since the pandemic, what one must understand is the nature of assets during an economic crisis like the pandemic. The world is not new to economic crises on a national or global level. During such times it is common for fine art to be sold enabling the seller to address the economic times he or she may be experiencing. This affords those who are able during such times to purchase fine art in order to increase the ascetics of their space all while making investments of their own.
As an investor once told me, now is the market and now time to buy fine art. While an astute fine art seller will not lower his or her prices during such times having a clear understanding of the nature of the market and the times, now is the time to purchase fine art and real estate alike to increasing ones investments and portfolio as we emerge from the pandemic and the ensuing economic global crisis it caused. Happy collecting. Collect with those who know not those who copy.
What is your current portfolio standing? Is it diversified? Stock and/or physical? Which Shidonna Fine Art & Giclee(s) will you make apart of your asset portfolio?
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