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Fine Art Can Be a Fine Investment

Fine Art Can Be a Fine Investment

By Stephanie Barton

The fine art market is booming: It seems like every day, another auction record is set for “the highest price ever paid [fill in artist’s name here].” So what does that mean for the painting you bought to match your sofa a few years back? It may increase in worth, or it may be as salable as your kid’s pasta-filled craft project.

So how do you tell? Well, as with any investment, you need to do your research and go beyond your comfort zone. The art market is fickle, and there are no guarantees of profitability, but with a little legwork and forethought, you can fill your home with images that may prove worthy assets down the line. Consider these tips for choosing fine art and identifying the Michelangelo from the macaroni.  Read Full Article…

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