The Art Collecting Problem
Whether you want to buy art worth $100 or $10,000, the high-level process is the same:
Managing your art collection for future success.
The art has to go somewhere, right?
(Hint: private museums tax benefits)
Sadly, there’s an epidemic going around. The reason most art buyers, collectors, and art foundations fail is a lack of education. If you’ve ever failed in your own efforts to start an art collection or invest in fast wins, I’m guessing that was the root cause.
On top of that, you’re in a constant battle of not having enough hours in the day and you don’t know where to focus your limited, energy, and money.
That’s the bad news.
The Answer
The good news is you have more opportunity today to optimize your art collecting methods than ever before. And you don’t need a killer new museum idea or millions of dollars in startup capital to do it.
The good news is there isn’t a shortage of strategies. They’re out there!
This book will share specifics on how to increase the vitality of your art collection–on your own time, on your own terms, and without hiring an expensive consultant. We’ll look at real-life examples of people just like you making it happen.
I’m going to arm you with ten “operating manuals” that don’t require a ton of time or money to get started.
And spoiler alert: there are no get-rich-quick schemes inside. Instead, you’ll learn proven strategies for tapping into the growing art market economy to supplement your tax benefits, diversify your art collection, and reduce your reliance on so called “experts” for the wellbeing of your collection.
Go Where the Art Is Already Flowing
Art Collecting Method focuses on strategic institutions that already exist, where you can put your expertise and assets up for sale or loan. There are hundreds of ways that you can manage your growing art collection, it’s just a matter of choosing the right path.
Consider the tax advantageous benefits of structuring your art collection as a “commercial trader” - keyword: profit and loss account.
Art flipping involves correctly predicting which artists and artworks will be significant. Online tools such as Art Rank can help you observe day-to-day shifts in the art market.
Not sure how to increase the value of your investment? Loan your collection to museums to further public interest and drive demand through good PR.
These manuals are the “gateway drugs” of art collecting. They’re easy to get started on, to get the high from your first sale, and to keep coming back for more.
Does It Really Work?
I’ve researched extensively into the high level strategies implemented by high profile art collectors, such as Charles Saatchi and the Samdani’s, and have broken it down into highly actionable manuals that you can use over again.
The common thread is they restructured their collections on pre-existing platforms that made it easy for other art buyers to find them and spend money with them.
This book will show you exactly where and how to set up your art collection to generate highly investable assets while showing you solutions to problems you never thought to consider.