Fine Art Vs. Stocks: Which has Greater Investment Potential?

A plan of art is a actual asset that you can acknowledge on your bank while it is affectionate in value. On the aforementioned two canicule that Wall Street took it's celebrated 1,000 point bead and some of our better banking institutions collapsed, a above single-artist arrangement at Sotheby's London of abreast works by Damien Hirst brought in abutting to $200 actor — and one of those works was a cow abysmal in a case abounding with formaldehyde. Nobody knows absolutely what is advanced in the accomplished art field, area almanac prices accept been toppling for abounding years in a row, but with the banal bazaar accomplishing bungee all-overs anniversary in and anniversary out, accomplished art as a actual asset and abiding investment is accepting a additional look.

Lou Salerno, buyer of Questroyal Fine Art in New York, and one of 40 galleries accommodating in the accessible 12th anniversary Boston International Fine Art Show (BIFAS), Nov. 13-16, has conducted a absolute appraisal of the investment abeyant of American paintings created above-mentioned to 1950. On Saturday, November 14 as allotment of the "New Collectors' Lecture Series" at BIFAS, he will altercate his allegation in a affairs blue-blooded appropriately, "Art Investment or Art Appreciation?"

Over the endure fifty years, the address states, American art yielded college admixture anniversary allotment than stocks, bonds, or gold, and even beat out the Impressionists and Old Master art. Will these allegation authority accurate in today's art market? Should art be a allotment of your investment portfolio?

In the aforementioned way astute investments in the banal bazaar account from ability in specific industries, ability of the companies authoritative the offerings, annual letters and added research, advance in accomplished art requires connoisseurship in selecting art wisely. However, there are rewards to be acquired in because art both as an adept and banking asset. Mr. Salerno will altercate both the pros and cons of art as an investment.

For those who ambition to access their "art smarts", aswell on the agenda for Saturday, November 15 at 2:00pm is a console blue-blooded "How to Discern Quality in Art", advised to advice ambitious investors and collectors admit above if it comes to painting. When a archetypal figurative, mural or still activity painting can amount $2,000 to $2,000,000 or more, alive how to anticipate above becomes a analytical skill. The console is host by Joshua Rose, editor of American Art Collector magazine, and participants cover acclaimed bounded artisan Joe McGurl, and Steve Diamant of Arcadia Fine Arts and Richard Rossello of Avery Galleries, both exhibitors at BIFAS.

The 12th Annual Boston International Fine Art Show (BIFAS) takes abode Thursday - Sunday, November 13-16, 2008 at The Cyclorama at The Boston Center for The Arts (BCA), aperture with a Gala Preview that allowances the Boston Symphony Orchestra. The alone accomplished art fair of its affectionate in New England, BIFAS appearance 40 galleries from the United States, Europe and Canada, alms added than 3,000 aboriginal works of art in all amount ranges, from museum-quality works to added affordable works by today's arising artists. For added advice alarm (617) 363-0405, or appointment www.FineArtBoston.com.