Buying a painting is an interesting thing to do, because painting can make a room beautiful and relax our eyes. In addition, the various types of paintings can also be the main attraction. For example, paintings of natural landscapes, ornaments, and history are very suitable to be displayed in the living room of a house.
As we all know, a painting has a story from each painter. No wonder the price of a painting can reach millions of dollars. Call it the paintings of Leonardo da Vinci, Van Gogh, Raden Saleh and several other big names, their paintings are very expensive and we can still enjoy their paintings until now.
Then why are there so many rich people out there who like to collect paintings?
Quoting from US News, many investors in the United States put paintings in one of their portfolios. According to 2022 Global Art Market data, the aggregate value of painting transactions in 2021 reach $65.1 billion. This value is very high and is equivalent to the transaction value in other investment portfolios.
For this reason, it is very important to add paintings as one of your investments. For advice, it’s better to study the painting that you want to buy first to be used as an investment, starting from knowing who the painter is, the story about the painting, and whether the painting has been collected or not.