Artwork as an Investment: Things to Think About When Purchasing Artwork

Artwork is an investment. Like any other investment that you make, you want to make sure you are thinking about various aspects that might influence your decision. While everyone’s evaluation criteria is different for selecting their artwork, here is a quick list of items to consider before making a purchase. This list is based on the questions that I receive from clients as they work through the process of selecting their pieces and displaying them.

• Placement: Is the artwork placement permanent or is there a chance you will move the artwork to different places in your house or summer house?

• Longevity: How long are you thinking of displaying this artwork? Would you like to pass it down to your children or are you looking to change out your pieces as the seasons rotate?

• Artwork Weight: How sturdy are your walls and how secure is your artwork mounting? Some acrylics and frames can be heavy (especially the larger pieces). If applicable, consider purchasing a lighter canvas or photo print for less sturdy walls.

• Budget: Sometimes people ask me how much $$ they should spend on artwork (in comparison to other items in their monthly budget). This depends on the person, their desired lifestyle, income, etc. I encourage you to spend only what you feel comfortable with. Please note that many small businesses and artists are willing to work with you to find the right price. If you really like a piece, do not hesitate to contact the artist to discuss.

Have questions about investing in a Mary’s Mark piece of artwork? Feel free to reach out to us here and we’ll be happy to answer any questions that you have.