If you have money to invest and an appreciation of fine craftsmanship, then investing in antique art might be the right choice for you. Antiques are collectable objects such as furniture or artwork that have a high value due to their age, quality, and rarity.
Investing in antiques is not the most conventional way to make money, but if you know where to look and what to look for, antiques can be lucrative investments! Here are some tips to get you started investing in antique art:
1) Educate yourself on which antiques are of value
Visit local museums, antique malls, antique stores, and auctions whenever possible. 19th Century art is good, 18th Century art is even better, and if it’s true Renaissance art, then you’ve got a winner. Avoid flea markets, garage sales, and estate sales, since these tend to include personal items that may or may not be of value.
2) Invest only in things you like
What you are purchasing will most likely be in your home for years to come. Buying things you love makes sense because you can enjoy looking at them!
3) Buy from established sellers
If you buy from authentic sources, you’re less likely to be taken in by a clever reproduction. Getting a professional appraisal before you buy as it can give you an extra layer of protection.
4) Look for rare items
Easily available items are of less value than things that are difficult to find. Choosing items that are rare and unusual is a better investment because they will appreciate over time.
You’ll need to be careful and educate yourself if you want to invest in antiques. For a savvy buyer, though, it’s worth the effort because, in addition to making money, you get to surround yourself with beautiful things that you love!