11 March, 2021
What do you do if you want to invest in art, but you have a budget of £10,000 or less? Contrary to what many would have you believe, you do not need to have millions in savings to invest in art. In fact, there are several ways you can start collecting art without breaking the bank. We’ve listed some for you below.
Purchase an Artwork by a Contemporary, Cutting-Edge Artist
If you’re looking to purchase a piece of art for less than £10,000, you might want to look at some promising artists who have not yet gained significant attention within the mainstream market. A great way to find these artists is through art galleries, art fairs or online marketplaces including London Trade Art.
It’s important to research the artist’s previous exhibitions, residencies, awards and collectors, both institutional and private, to get a better understanding of their potential. The more international exhibitions they’ve participated in, the higher their potential.
If you’d like to learn more about how to research an artist’s background, check out our ABCs of Art Evaluation.