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The Art of Buying Art Itself: Why People Buy Art

22.01.2021
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Why people buy art

For the Love of Art

The pure enjoyment and emotional investment towards creation and craft is reason enough for why people buy art. The devotion to art has many outlets. Art has opportunity inside of its being, it holds the unknown knowledge that anyone can enter and escape. Works of art offer a sample into a fantasy of livelihood. Thus, a love for freedom through interpretation can hook people to becoming dedicated to artistic discovery and reason as to why people buy art.

Who Buys Artwork?

Anyone. Everyone. Whoever wants to. In a larger sense of the understanding answer, anyone who holds knowledge, respect, or a type of investment towards art and its production, buys artwork. Why do people like to buy? Beyond the love for the conception, art holds and serves as a great investment. As one of the oldest ways of investing money, artwork ventures aid and reason for the affluence of individuals. To build and invest in an art collection from years, through the years, is one of the most expressive ways to gain financial worth.

Living by the concept to collect and invest are some of the most influential art collectors recognized by the knowledge of the public. Some of these notable art investors include Peggy Guggenheim (niece of Solomon R. Guggenheim), who was one of the most prided art collectors of the 30s and 40s. Gertrude Vanderbilt Whitney, born in the Vanderbilt family, lived as a sculptor amongst the artists she invested in, and in 1931 she opened the Whitney Museum of American Art that brought focus to works and artists in the United States.

Why People Buy Art?

Who buys artwork

Art is an expression of an inner sense of being that confronts honesty. Artists have the gift of the talent to discover something in this world and shape it into something of imagery. Artists create physical forms of vulnerability and rawness through their expressions of sincerity. Observing and devoted individuals are also reasons for some of the (financial) stability and success of some artists. With this, investment towards and to art, not only cushions their own accounts, but in cases, just as well towards the artist themself.

Art through Devotion and Investment

The forms of life created by artists throughout the world, expose a layer of deeper expression from humans to the individual observer. Through devotion to discovery and passion from the artist, and investment of time, money, and genuine respect from art collectors, another sole reason why people buy art can be noticed through such actions. With this, art is helped to be kept alive: an idea that desperately needs to be caressed and supported with all the delicacy and commitment.

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