Filed under: Art
From the years preceding the current financial crisis, it'd be pretty easy to get the impression that art is only for a small percentage of the world's wealthiest. Thinking this way, however, could lock you out of the greatest art buying opportunity in nearly 20 years. Even great art is relatively cheap right now, so if you've been looking for a reason to enter the market, you've just found it.
If you get creative, you can make your art investment stretch even further in today's tough market. Artists and galleries are desperate for the sale, so they'll generally find a way to work with you (as long as you're within the current definition of "realistic").
1. Join an "artist of the month club"
It's not as crazy as it sounds. There are several clubs that will send you emerging artist pieces for a few hundred dollars a month (just remember that this can mean up to 12 new pieces s year ... make sure you have space for them). Invisible Exports' Artist of the Month Club, which is run by a Lower East Side gallery, sends members a piece every month for an annual fee of $2,400 a year. If prestige is an issue, this is a gallery buy, so you can puff your chest when explaining to your friends how your gallery helped.
[Photo of glass artist Charley Keila]