Monday, June 23, 2008

How to Collect Art in a Recession

I just love it when people pull together and think outside of the box, especially when the economy has everyone tightening up their wallets. I discovered a wonderful group of young art collectors who have come up with an affordable, creative, and social way to collect art.

If you think you could never afford to buy fine art – READ ON!

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thecollective
Buying, sharing and living with contemporary art.
http://www.the-collective.info/

The Collective is a new, entry-level approach to collecting cutting edge contemporary art for the domestic setting. Enabling its members to share and enjoy works of contemporary art in their homes and tap into stimulating artistic scenes that have traditionally been open to more wealthy collectors.

The Collective aims to:
  • Nurture the collection of contemporary art in a domestic setting as a more affordable and socially inclusive activity.
  • Encourage adults, young people and children to build their knowledge of contemporary art by living with it, meeting artists, visiting exhibitions etc.
  • Build bridges between new audiences, the art market and artists.
  • Help to grow a larger, more culturally diverse population of collectors.
  • Encourage direct support for emerging contemporary artists and curators.
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Art is generally the last item added to someone's list of discretionary expenditures when times are good, and the first to be lopped when times turn tart and those discretionary dollars commence to curtail. Meanwhile back at the ranch, hardcore art lovers will continue to love art and will stay in the game regardless (they'd rather buy art than eat)-- impending events leaving them more art to choose from, and at better prices than they've enjoyed in years. They couldn't be giddier. – www.artbusiness.com

Click Here to find out about starting your own art collectors group.

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