OriginalArtBroker
Sports art offers a twofer: nostalgia and a good return on your money
www.originalartbroker.com/blog/artwork/original_art/sport...
With the current unstable economic market, many people are look to broaden their range of investments. The unpredictability of the stock market and housing prices has encouraged people to invest their wealth in more unconventional methods. Some of the most popular new investments modes are artwork and sports memorabilia. Both avenues offer something you can enjoy in your home while it also earns you money. These tangible assets are also considered a more stable and safe investment in today’s uncertain economic climate.
While investing in either artwork or sports memorabilia is a smart money decision, and even better payoff is to combine the two fields of potential earning. Recently, Charles Fazzino’s series of prints titled Mr. October: Reggie Jackson is expected to go for $2700 per print. That price may be worth it, considering Fazzino’s 2006 Derek Jeter series prints have more than doubled in value. Originally sold for $2000 each, they are now closer to $5000 a piece.
Beyond the obvious investment potential, sports art can also be a smart choice for personal reasons. If you are sports lover, the connection is obvious. But on a more practical level, sports art is easily available at a wide range of price points, making it a market available for anyone with interest.
When determining which piece of sports art to buy, there are a number of important factors to consider. First, make sure it has a signature. People want to know who the artist is and know that the work is an original. Beyond that, having a signature from the athlete can make the work especially valuable. Inscriptions can also up the value. Also, how successful an athlete is going to go on to become later in their career is a deciding factor. It may be worth the risk on a hot rookie that may turn into the MVP one day, as the value of that early piece will significantly increase.
Also, buying pieces that are one-of-a-kind of limited edition prints is going to give the best potential to increase your earning potential down the road. A great example of this is the most famous sports artist of all time, Leroy Neiman. You can buy a very expensive and lucrative Neiman original painting, or you can buy one of his slightly less expensive but also highly sought after limited edition serigraphs.
Either way, you are buying a better value because the piece of art you have has a guaranteed limited quality. Investing in sports art can be a very smart move. It can give add diversity to your investment portfolio and give you a way to invest your money that you can also enjoy as it appreciates in value. As long as you make smart decisions on your investments, sports art can be a smart personal and money move.
Story by The Wall Street Journal
Sports art offers a twofer: nostalgia and a good return on your money
www.originalartbroker.com/blog/artwork/original_art/sport...
With the current unstable economic market, many people are look to broaden their range of investments. The unpredictability of the stock market and housing prices has encouraged people to invest their wealth in more unconventional methods. Some of the most popular new investments modes are artwork and sports memorabilia. Both avenues offer something you can enjoy in your home while it also earns you money. These tangible assets are also considered a more stable and safe investment in today’s uncertain economic climate.
While investing in either artwork or sports memorabilia is a smart money decision, and even better payoff is to combine the two fields of potential earning. Recently, Charles Fazzino’s series of prints titled Mr. October: Reggie Jackson is expected to go for $2700 per print. That price may be worth it, considering Fazzino’s 2006 Derek Jeter series prints have more than doubled in value. Originally sold for $2000 each, they are now closer to $5000 a piece.
Beyond the obvious investment potential, sports art can also be a smart choice for personal reasons. If you are sports lover, the connection is obvious. But on a more practical level, sports art is easily available at a wide range of price points, making it a market available for anyone with interest.
When determining which piece of sports art to buy, there are a number of important factors to consider. First, make sure it has a signature. People want to know who the artist is and know that the work is an original. Beyond that, having a signature from the athlete can make the work especially valuable. Inscriptions can also up the value. Also, how successful an athlete is going to go on to become later in their career is a deciding factor. It may be worth the risk on a hot rookie that may turn into the MVP one day, as the value of that early piece will significantly increase.
Also, buying pieces that are one-of-a-kind of limited edition prints is going to give the best potential to increase your earning potential down the road. A great example of this is the most famous sports artist of all time, Leroy Neiman. You can buy a very expensive and lucrative Neiman original painting, or you can buy one of his slightly less expensive but also highly sought after limited edition serigraphs.
Either way, you are buying a better value because the piece of art you have has a guaranteed limited quality. Investing in sports art can be a very smart move. It can give add diversity to your investment portfolio and give you a way to invest your money that you can also enjoy as it appreciates in value. As long as you make smart decisions on your investments, sports art can be a smart personal and money move.
Story by The Wall Street Journal