This website is designed to be a starting point for people that are interested in making money in the art market. We will give you the basics of how to make money on the art market and then offer any additional information that we feel is relevant. Our goal is to help others make money in the art market by offering a variety of different resources that they can use or research further.
We hope this website helps you to make money spending less time and getting better results. I want to also mention that we do not recommend getting into the art market for short term profits. Although there are many ways to make quick profit in the art market, it is very risky and it takes hard work, knowledge, and a lot of effort to become successful.
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Recent Articles:*How To Make Money In The Art Market – How To Make Money In The Art Market: A blog around using the art market to make money and get rich.*How To Make Money In The Art Market – How To Make Money In The Art Market: A blog around using the art market to make money and get rich.*How To Buy A Painting – How To Buy A Painting: What you should know before buying artwork.*What Can You
How To Make Money In The Art Market is a blog written by a professional art dealer on the subject of how to make money in the art market. The site is updated continuously with new information on how to make money in the art market.
The author is a well-known and respected expert who owns one of the most successful galleries in New York. He also has a Masters in Art History from New York University and is an expert appraiser for Christie’s and Sotheby’s as well as private collectors.
The author has been profiled by The New Yorker, Bloomberg Businessweek, New York Magazine and many other publications. His clients are some of the wealthiest people in the world including entertainers, sports figures, and business leaders such as Rupert Murdoch, Bill Gates, Larry Ellison, David Geffen, Ron Perelman, Steve Wynn and Donald Trump.
The author has lectured at Yale University and Columbia University on art collecting and art investing. He has also appeared on numerous television programs including CNN Money with Maggie Lake, CNBC Squawkbox with Andrew Ross Sorkin, Bloomberg Surveillance with Tom Keene, Fox Business News with Liz Claman and Fox & Friends with Gretchen Carlson.
Contact the author here:
Note From The Author: The Art Market is a very interesting area in which to make money, but it can be difficult and confusing to know where to start and how to proceed, so I have created this blog with all the information you need to get started and stand out from other artists and create a successful career in the art market.
**”How To Make Money In The Art Market” will give you a detailed walkthrough on everything you need to know, from where to find inspiration for your artworks, all the way through creating your own art, learning about what style will suit you best and getting advice on how to build a good reputation for yourself as an artist.**
*Having trouble creating your own artwork? This blog has all the information you need to help get you started.*
**Whether you are a hobbyist or an experienced artist looking for some new inspiration, I have put together a series of posts that will help guide you through making your first artworks and refining your technique so that you can sell them.*
There are tens of thousands of artists, from the famous and acclaimed to the struggling and unknown. Together they make up the world’s largest art market, and it is a market that is always growing. The forces that drive the market are strong and will only grow stronger in the future. The art market is a great place to seek wealth, with plenty of opportunities for both old and new players to get rich quickly if they play their cards right. We will take a look at some of those opportunities here.*
*The Art Market: What It Is And How To Make Money In It*
The art market is composed primarily of three major players: collectors’ galleries, auction houses, and artists. Collectors are individuals or groups that buy artwork from artists. Collectors can be motivated by either financial or aesthetic reasons; their purchases support the creation of new art in one way or another. Galleries are businesses that sell artwork from both living and deceased artists; their role in the market is primarily financial, though they also provide an important service for artists by promoting, framing, and selling their work to collectors. Auction houses serve as middlemen between collectors and galleries; they are motivated solely by financial gain. Artists create the actual works of art sold by collectors, galleries, and auctions
The Art Market is a $65 Billion dollar market. The art market is the third largest luxury goods industry behind cars and gold.
The Art Market has grown at an average annual rate of 5% over the past decade, and it is estimated that the art market will continue to grow by 3% annually.
There are many ways you can make money in the art market. Here are some ideas:
The Art Market, the branch of the art world concerned only with the buying and selling of art, is worth over $50 billion dollars a year.
The Art Market, like any other market place, has a distinct vocabulary which is used to describe the goods and services being traded.
Auction houses are where paintings are bought and sold on behalf of owners and can be private or public. The prices for most works are set by auction but there are usually reserve prices that must be met for a work to be sold. This is where the auction house sets a minimum price for a work that is lower than the price they expect the work to go for.
Next to auctions, there are galleries who sell works through an open submission system (aka Call For Entries) or though representation. Gallery owners (who may also be artists themselves) exhibit and promote artists who they represent.
Art dealers act as agents or representatives for collectors or galleries. They find buyers for their clients’ works by organizing private exhibitions or exhibiting them in their own gallery spaces and promoting them through word of mouth, magazine articles, social media updates and so on.
The entire field of fine arts is divided into various sub-categories: painting, drawing, printmaking, photography, sculpture etc.
Art has always been a vehicle for making money. From the Medici’s to the contemporary art market, it is a way for investors to diversify and to make profitable investments.
Art is also an asset that can be bought, sold and traded. Some billionaire widows have made fortunes buying works of art when prices were low and selling them later when the prices soared. The art market is worth over $50 billion per year.
The art market makes money from three main sectors: collectors, speculators, galleries, auction houses and dealers. In the modern art market, many of the major collectors are individuals who buy or commission pieces of “blue chip” art. Blue chip art has become a commodity that is purchased as a safe investment on which one can place considerable monetary value.
Art has becoming a more popular investment choice in recent years because of the increase in investor-friendly museums and public auctions that have made it easier to trade works of art. Many investors buy pieces of blue chip art while they are still being created so they can sell them at a profit before they become famous and expensive.