How to invest in art

 

You might have heard plenty about art pieces that were initially purchased for a pittance, only to be later sold for staggering sums in the range of millions. The people who have first bought the respective art pieces, to sell them afterward with such a fantastic return on investment surely must have had incredible business acumen at the time. But where does the truth lie? Can anyone make money by investing in art? Here are some thoughts on the matter.

Learn more about art in general

As a novice, you might feel tempted to think that the only art pieces worth investing in are paintings since they seem to be the ones that always make the headlines. But art means more than just paintings. Beautiful art pieces can belong to sculpture, photography, mixed media, and even digital and video.

Also, you must be aware of the science behind original pieces, prints, and reproductions. You may think that only the originals have value, but that is not true. Prints carry some value, as well, and there are also unique prints that are called giclées. These are superior in value to regular prints, and they are considered to have museum quality. Of course, they cannot be valued as the same price as the originals, but they do come with certificates of authenticity, and they can be turned into money.

 

Understand the challenge of selling

Since we are talking here about investing in art, we need to make something clear. Buying art is easy. You can buy it from galleries, or you can participate in auctions, as the only thing you need to prove is that you have a working credit card.

But selling is a different matter. Art galleries prefer to promote and sell new artwork from successful artists, while auction houses prefer the tried and tested art pieces. Consignment deals can be tricky to strike, and they might also contain a lot of fine print that might put you at a disadvantage.

 

Develop awareness against marketing hype

It is nothing unusual for auction houses and even individual appraisers to give information on how much a particular piece of art is expected to sell for, but the truth is you need to be prepared to take everything with a pinch of salt. There is such a thing as marketing hype for art, too, and many will try to over-inflate the value of a specific art piece, in hopes of gathering more interest from potential investors.

Be ready to live with your purchase

Should the art piece you purchase prove to be a not so easy-to-sell item, you must be prepared to live with it. In other words, buy art that you can enjoy. Purchase something that you will like to look at, in the event that you don’t find a buyer for it.

 

What you should know about The Renaissance

 

 

Progressive rock is not a very popular genre, but it still managed to deliver some good bands back in the days. One of the most popular progressive rock bands in the history remains the English one named The Renaissance.

It was quite famous back in the 1970s and is known for songs like “Northern Lights” and “Mother Russia”. Here you can delight yourself reading some interesting facts about the band.

The history of two separate groups

Although many bands have their members changed throughout the years, The Renaissance basically tells the story of two different musical groups gathered under the same name. The original group was formed in 1969 by two ex-Yardbirds members, Jim McCarty and Kith Reif.

They are known for creating the band’s original progressive-folk-rock sound and recorded two albums. However, despite their local success in England and their second LP being released in the United States, the band didn’t become famous on the international stage.

By 1971, the membership of the band had changed entirely, welcoming four new people – keyboard player John Tout, bassist Jon Camp, drummer Terry Sullivan, and singer Annie Haslam.

 

The winds of change

Welcoming Annie Haslam into the band was a true blessing for the rest of the members as they managed to become famous in the following years. Thanks to Haslam’s unique voice, the band managed to create songs combining various musical genres, including rock, folk, classical music, and even jazz.

Between 1972 and 1979 Renaissance managed to release seven successful studio albums. They organized various tours and established a dedicated fan base in the northeastern part of the United States.

Unfortunately, the popularity of the band started to decrease at the beginning of the 1980s. The Renaissance released two unsuccessful studio albums and was yet again the subject of personnel changes. Finally, the remaining members decided to call it quits in 1987.

However, the band decided to reunite in 1998 and managed to record another album named Tuscany. It was released in 2001 and, even though it was well received by critics and fans, the members of the band decided to go on separate roads once again.

Another reunion of the band was made possible in 2009 thanks to leading members Haslam and Dunford. Although Dunford regrettably passed away in 2012, Haslam stated that the group would continue to tour. The latest studio album was released in 2014 and is named “Symphony of Light”.  

 

Popularity

Renaissance released several hits and albums throughout its existence. But, even though it never managed to gain a worldwide reputation, it was quite popular in the United Kingdom, the United States, and even Japan. In fact, the band released two different singles for the Japanese fans only, one in 1972, and the other one in 2010.

What you should know about Frédéric Chopin

 

Nocturnes, preludes, waltzes, drama, and fame – Chopin was a Polish composer who gave artistic birth to some of the greatest piano music, appreciated by both classical music lovers and by the casual listener. If you want to learn more about him, his life and his body of work, these interesting facts I’ve put together should satisfy your curiosity.

Frédéric François Chopin was born in Poland, Europe, and he was part of the Romantic era. Ever since his debut, he was called a poetic genius and praised for the complexity of his pieces. He grew up in Warsaw and showed signs he was a prodigy ever since he was a young child.

 

 

Although he loved his native country, at the age of 20, he left for France, where he settled in Paris, a city much more fitted for his artistic endeavors. It’s a well-known fact that for the first eighteen years of his life, he only gave around thirty public performances, mostly because he was shy and loved the intimacy of the salon.

An interesting piece of trivia is the fact that he didn’t grow up rich, despite his immense talent. He had to support himself like most artists nowadays, by selling his compositions to the highest bidder. In this tumultuous period, he became friends with another musical genius, by the name of Franz Liszt.

Initially, he did have many problems, both professional and financial. He made his debut in February 1832, in Paris, where Chopin realized that he was too delicate with the keyboard, too emotional, a thing which was less than ideal for the masses gathered in larger concert spaces. But, as fate had it, he soon met the wealthy Rothschild banking family which changed everything.

His kindness and elegance made him a favorite among the members of the family, in whose house he could often be found playing his compositions. However, even in the middle of the glamorous Paris, his art was strongly influenced by his nationalist feelings, as his body of work contained many mazurkas and polonaises.

In 1835, the musician obtained French citizenship. A sadder aspect of Chopin’s life is that he never seemed able to maintain healthy relationships with the women around him, as all his love connections failed. Also, for most of his short life, Chopin was in bad health. He went on and died in Paris, in 1849 at the crude age of thirty-nine, probably of what doctors suspect was tuberculosis.

The last thing you should know is that all of Chopin’s compositions include the instrument he loved the most, which is the piano. Many of them are for solo piano, though he did also write two piano concertos which are lesser known by the general public. And even though he had a short life, his legacy still lives today, which is no small feature.

What makes the difference between modern and contemporary art?

 

Studying art and understanding its concepts is not that easy as anyone would assume, especially since there are countless forms art can have. If we look around us, everything can be cataloged as art – buildings with their architecture, our homes with our interior decorations, paintings, the music we listen, and even the food we eat while watching a movie.

However, as volatile as it may seem, art does have some strict grounds, especially regarding its type. And, in order to try to talk about it, you first need to know exactly the type of art you are looking at. The different styles of art are mainly dictated by the times in which they appeared, as well as the types of techniques and materials used to create them.

But, while classic art and ancient art can be easily told apart in terms of materials and techniques used, spotting the difference between modern and contemporary art requires a certain level of subtleness. So how do you tell these two apart?

 

Modern art

According to most critics, modern art appeared anywhere between the 1860s and the 1880s and it was heavily influenced by the technological revolutions in Europe. Most of the manual processes were replaced with mechanical ones and the world seemed to learn the perks of technology for the first time.

We consider a piece of art being modern if it was designed or created between the 1860s and the 1950s. The main reason why art was called “modern” back then is because it didn’t rely on something that came before it or techniques that were already discovered.

One of the pioneers of modern art is considered to be the painter Edouard Manet because he was the first one to depict scenes of modern life in his paintings, instead of replicating real life. In fact, Manet had no reason to mimic real life in his paintings, and this inspired other painters to experiment more with their techniques and even create new styles.

As a result, throughout modernism, there were developed a series of other movements, all as famous as modernism itself. From Impressionism to Cubism, Abstract Expressionism, Expressionism, and Surrealism, these all heavily influenced the way we see art nowadays.

Henri Matisse, Wassily Kandinsky, Andy Warhol, Claude Monet, Salvador Dali, Frida Kahlo, Vincent van Gogh or Pablo Picasso are just some of the most famous modern painters the world gave to us in less than one century.

 

Contemporary art

Contemporary art refers to a specific timetable, mainly after the 1950s. Every piece of art that was created after the 1950s, including all its movements (minimalism, postmodernism, feminism) is considered to be contemporary.

According to other definitions, contemporary art is created by artists who are still amongst us.