Is African Art A Good Investment?

Is African Art A Good Investment?
Author

Mille Arts

Release Date

Sunday, May 1, 2016

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When we speak of artistic or financial investment, there are several ways to interpret this. However, the reasons are the same. Today, African art knows a new dimension. For a few years now, art by African artists have become popularised. Some years ago, African art has developed its own territory. Nonetheless, enthusiasm around this art was not important. African artists struggle to expose theirs works in large cities and galleries.

Today, this time has passed. For example, when we talk about "1:54" the first Contemporary African Art Fair, this exhibition groups together artists of different countries in order to showcase their talent to the Western world. Now that African art has been opened to new horizons, new perspectives are seen and taken in.

Artistically, African art is characterised by an important artistic freedom. Artists can represent what they want and under different forms (painting, sculpture, music....). The artistic freedom that offers this art give away to diverse interpretation.

African art does not understand, it suffers. This is a very rich art, the works are dynamic and alive. They attract the interest of amateurs and professionall of the art world and because there is so many things to interpret by observing a painting. On the financial plan, the demand is very important. There are several collectors interested by these works. Further more, they spend lavishly to acquire these works. Likewise, it is an emergent market so the price of acquisitions stay low. But the enthusiam that accompanies this art makes it possible to resell works at a higher price. In fact, African works increases in value at the same time as the market progresses.

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