PHILADELPHIA, PA, August 28, 2013 /24-7PressRelease/
-- As both a savvy business investor and a fan of the arts, Dean Cutler, Scarsdale, NY
art collector, has done his research into the world of art collecting and the current art investment market. As such, he knows that while many pieces of art available for sale to interested collectors are solid investments that are guaranteed to grow in value over the years, just as many or more will never be worth more than their initial price tag.
A recent article
by the San Francisco Chronicle explains this further, explaining that the market for art is fickle and often uncertain. The pieces that art collectors invest in and proudly display in their homes may very well appreciate in value to be worth great profits someday. However, the article warns, many are just as likely to never be worth more than even the most rudimentary children's' craft project.
To help prospective art investors make sure that they are realizing the real potential worth of their investments beforehand, Dean Cutler and the article offer the following advice.
The first and most basic guideline to art investment is realizing the drastic difference between an original work and a print. Many prints, says the article, may look just as attractive as original paintings but with much more attractive price tags. Giclee prints in particular may even rival the original work for color or clarity.
However, there is a reason that original works are so much more expensive. "One major factor in the value of an art piece is its uniqueness and rarity," explains Dean Cutler, Scarsdale, NY art investor. "More prints can almost always be made, so it is rare for any single print to grow significantly in worth over time. However, there will only ever be one true original of a painting, which is why they cost so much more - and why they are much better investments in the long run."
This is not to say that no prints are ever worth anything, though, the article explains. In some cases, an artist's prints can command real and significant worth, even if the value and its changes are not as dramatic as with original paintings. This worth of a print is dependent upon a number of factors, including how many prints of that work the artist put out, whether or not the print in question is signed or numbered by the artist, and the condition of the print itself.
Many amateur or beginning art investors may want to start out with cheaper, easier to find art prints, as might those collectors who are more interested in aesthetic value over monetary value. However, says Dean Cutler, Scarsdale, NY art collector, serious art investors should look for original paintings and rare prints whenever possible to maximize the value of their art collections.
Dean Cutler, Scarsdale, NY
resident, has been many things throughout his life. He began his business career working in an auto parts company owned by his family, then eventually became the president before selling it to a competitor. He then began several more successful businesses in a variety of fields, including real estate, mass recycling, and even laundry services. Outside of work, he is a private investor in and collector and aficionado of fine art, particularly modern art. He is also a member of several art organizations, including the Museum of Modern Art, the Metropolitan Museum of Modern Art, and the nonprofit group Art for Learning.