The Art Of Buying Art Download !FULL! 1
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Written by Dr. Clare McAndrew, founder of Arts Economics, and based on a survey of more than 2,700 collectors in 11 key global markets, conducted in collaboration with UBS, the new report examines the willingness of collectors to travel and attend events post-COVID, as well as their changing sentiment towards buying locally versus internationally. The report also profiles the composition of their collections in terms of gender, artist status, and other key variables; and examines the international trade in art across borders. A Survey of Global Collecting in 2022 continues the research conducted over the past seven years by Art Economics and UBS and is the largest of the surveys conducted to date.
Almost three-quarters (74%) of collectors surveyed had purchased work at an art fair in 2022, compared with just more than half (54%) in 2021. As more and more real-world fairs returned, 65% said that they had bought a work at an in-person event (up from 37% in 2021), while 59% were still buying through art-fair online viewing rooms.
HNW collectors consider their carbon footprint one of their four chief concerns when thinking about buying a work of art, and 57% say they are willing to pay up to 25% on top of the purchase price in order to reduce the environmental impact of their acquisition, from its creation to shipping and packaging. Almost all (98%, up from 90% in 2019) said that they would opt for a sustainable option even if it was more expensive and slower.
Dealers remained the preferred channel for buying art amongst the HNW collectors surveyed, with 76% having purchased through this channel at some point in the year. While online sales retained a greatly increased share of total art sales by value compared to 2019, if given a choice between offline and online experiences, most HNW collectors (69%) still preferred to view art for sale in person at a gallery or fair. 19% preferred to view art online, and 12% were indifferent.
Despite having fewer opportunities to buy in-person, collectors surveyed remained actively engaged with the art market in 2020, buying an average of nine works, versus 10 in 2019. 66% of those surveyed said the pandemic had increased their interest in collecting, and one third (32%) said this increase had been significant. Many intend to be active in 2021, with 57% planning to purchase more work. Foot traffic data from UBS Evidence Lab offers early indications of renewed visits to commercial galleries in 2021.
Sales across 2018 brought the global art market to its second-highest level in a decade, representing a rise of 9% since 2008. Other insights from the report, which integrates several strands of UBS research, include active buying by millennials, and growing engagement with online sales.
Art Basel and UBS present A Survey of Global Collecting in 2022, an international survey of high-net-worth collectors focusing on their spending, travel, and trade within the art market in 2022. Written by Dr. Clare McAndrew, founder of Arts Economics, and based on a survey of over 2,700 collectors in 11 key global markets conducted in collaboration with UBS, the report examines the willingness of collectors to travel and attend events post-COVID, as well as their changing sentiment towards buying locally versus internationally. The report also profiles the composition of their collections in terms of gender, artist status, and other key variables; and examines the international trade in art across borders.
Sarah Nelson, who leads content development for The Frame, believes the new device and accompanying service will encourage users to buy artworks for their home digitally, much like they pay to download films or TV shows.
"We think that by providing a really simple and affordable way for people to collect art, we can potentially make buying and collecting art as common as it is to purchase a TV show or listen to your favourite album."
Users can choose from 100 free artworks that come pre-loaded on The Frame, or pay to download additional pieces from a range of different art galleries and dealers such as Albertina, the Museo del Prado, Lumas and Saatchi Art.
As mentioned this is such a small curation of what is all available online, but we love all of these and they would all work so well in many different styles of homes. So now that you have some of the art picked out, it comes time to purchase the file, download it, and then send it off to be printed. There are so many places to print and you might have somewhere local that could do it for even cheaper than what we have listed, but here are just a few that we would recommend:
Keep an eye out for any big craft shows. There is one twice per year around here that features a lot of great artists selling their work. You can find photos and paintings of all different kinds, and the prices are reasonable because you are buying directly from the artist.
For instance, the Etsy sites Art Vintages, Arts Cult, and Antique Stock have hundreds of thousands of listings for downloadable prints of plants, birds, reptiles, shells, and about a dozen other nature-related categories. The stores have 10,000, 441, and 30,026 sales respectively at time of publication. (Art Vintages and Arts Cult appear to be run by the same person, as one of the websites listed on Etsy for Art Vintages directs the user to the Arts Cult website.) Depending on the listing, buyers can buy a single print, or download prints in bulk as ZIP files.
New internal and external forces are challenging the status quo at all stages of the buying cycle, from sourcing to delivery. Understand some of the key areas including CSR and data-driven decision making.
Shopping with no intentions of buying will also immerse you in the culture without getting caught up in the buying process. Your emotions can get the best of you when you fall in love with a piece, and self control is the only way to keep a level head.
Brittney Morgan is a noted land mermaid and a Virgo with a penchant for crafts, red lipstick, and buying way too many throw pillows. Her work has also been published at Apartment Therapy, NYLON, HuffPost, Hello Giggles, Elite Daily, and more.
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