"Art is not an investment. Art is something you buy because you are financially solvent enough to give yourself a pleasure of living with great works rather than having to just see them in museums".
The above quote is undoubtedly true, but we firmly believe that it is possible to combine sensitivity to art with financial sense. Art should be bought because it appeals to you, not because you want to make money from it. Buying it is an expression of maturity.
But let's be honest, if you can afford it, then you are also financially wise, and you wouldn't be if you didn't care what you spent your money on. So what are the financial justifications for buying art?
Safeguarding the value of money: Art can serve as a hedge against inflation, as its value often increases during times of economic uncertainty or inflation. According to the Mei Moses Fine Art Index, which tracks the value of repeat sales of art, the average annual return for art from 1957 to 2020 was 5.3%, outpacing inflation rates during that time period.
Art has historically been a good hedge against inflation. According to the Art Market Report 2021 by Art Basel and UBS, the art market has outperformed global equities, the S&P 500, and gold in terms of inflation-adjusted returns over the past 25 years.
Tax Advantages: In some countries, there are tax advantages to investing in art. For example, in the UK, art is considered a "wasting asset," meaning that if it is sold after two years, it is exempt from capital gains tax. In the US, there are also tax advantages for art investors, including the ability to donate art to a museum or nonprofit and receive a tax deduction for the appraised value of the artwork.
Investment Potential: Art can also be a valuable investment, with the potential for significant returns. For example, an analysis by Artprice found that the price of contemporary art sold at auction increased by an average of 9.8% per year between 2000 and 2020.
The value of art has increased significantly over the years. According to the Art Market Report 2021, the global art market was valued at $50.1 billion in 2020, up 2% from 2019. Furthermore, the report states that the average annual return on investment-grade art has been 5.4% over the past 25 years.
Diversification: Investing in art can help diversify a portfolio, as the art market often behaves differently from other asset classes like stocks and bonds. This can help reduce overall risk in the portfolio.
Each of Andrew's works is permanently marked in a way that allows verification of authenticity, the plate also includes the title of the work and its number. Each work is unique, handmade and unrepeatable and with it the purchaser receives a certificate of authenticity with the first owner noted. None of the designs will ever be re-created again.
Below you will find the works currently available for sale, if interested please contact us to confirm availability and if they are not currently part of an art exhibition.
Monstera
Fire Pit, thickness – 7mm, height – 1 meter, weight – 70 Kg
3 800 EUR
Limewood
Fire Pit, thickness – 7mm, height – 1 meter, weight – 65Kg
4 200 EUR
Slavic Goblet
Fire pit, thickness – 7mm, Height – 0,6 Meter, Diametr – 0,8 Meter, Weight – 40 Kg
4900 EUR
Goblet of fire
Fire Pit, thickness – 7mm, Height – 0,6 Meter, Weight – 35 Kg
2 900 EUR
Deer
Width - 1 m, height -1 m, weight -11 kg
1 800 EUR
Cow Family
Width - 0,8m, height - 0,6 m, weight - 4,5 kg
1 400 EUR
Ahura Mazda
Width 0.4 m, height with the figure of Ahura Mazda – 0.25 m.
1 400 EUR
Slavic sun
Diameter – 0.5 meter
900 EUR
Sun
Diameter - 40 cm
390 EUR
Sagitarius A
Diameter – 40 cm, Weight – 5 kg
800 EUR
Swiatowid
Height - 0.65 meters, weight - 6.5 kg.
500 EUR
