• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Partner in Art

Estelle Fournier - Your Partner in Art

Partner in Art

  • Home
  • About
  • Services
    • Art Acquisition & Collection Management
  • Art Tours
  • News
  • Contact

Is Art inflation-proof?

November 24, 2022

So, is art resistant to inflation? Is art inflation-proof? 

This is a question a few of my clients have asked lately. The quick answer is Yes. In times of high inflation and high market volatility, like now, turning to art is a wise decision.

For the most part, contemporary art is shielded from inflation, as most galleries take a long view on their artists’ career and their pricing structures closely follow each individual artist’s trajectory, and not the economy. This applies to art collectors who mostly buy art on the primary market (as in directly from galleries or artists).

In times of rampant inflation, it is reassuring for art collectors to know that the price of art is not correlated to the inflation rate.

Historically, buying art has also proven to be a smart investment. From 2000 to 2018, the Artprice 100 index, tracking the top 100 artists in the market, delivered an annual growth of 8.9%, while the S&P 500 averaged 3.4%. In 2021, the Artprice 100 index showed an increase in value of 36%  to 27% for the S&P 500 over that same year.  While this index draws its data from auction results and is not a true reflection of the overall art market, it is nevertheless telling of the strength of the contemporary art market.

Art is now widely considered a smart investment that not only offers great personal satisfaction and a good return on investment over time but also holds its value in times of economic downturn.

Now is a good time to buy art. Contact me for advice on buying contemporary art and collecting wisely, and sign up for my quarterly newsletter for the latest art happenings and insights. #contemporaryart #art #artadvisor #buyart #investinart #collectart #artcollector #trends2022 #artmarket #inflation #artforyourhome #artcollecting

[Published on LinkedIn: https://www.linkedin.com/posts/estelle-fournier-art-consultant_contemporaryart-art-artadvisor-activity-6983793217422946305-06Om]

Articles

Latest Art Happenings and Insights 

Is Art inflation-proof?

Primary Sidebar

SIGN UP TO RECEIVE PARTNER IN ART NEWSLETTER

You will find in this newsletter highlights from the art world based on what I feel are the best shows and important news of the moment as well as tips for art collectors. I hope you will enjoy this newsletter as much as I enjoy putting the content together, and that you will find reading it insightful

SIGN UP

RSS Recent Newsletters

  • Latest Art Happenings and Insights December 15, 2022
  • Latest Art Happenings and Insights August 4, 2022
  • Latest Art Happenings and Insights March 23, 2022
  • Latest Art Happenings and Insights December 9, 2021
  • Latest Art Happenings and Insights May 27, 2021

Recent Articles

A year in review

December 29, 2022 By partnerinart

The art market continues to thrive in 2022

November 20, 2022 By partnerinart

Search

Footer

LET’S TALK ABOUT ART

I would love to hear from you. Schedule your free art consultation today!

Get in Touch

PARTNER IN ART

  • Terms
  • Contact Me
  • Privacy

Copyright © 2023. ALL RIGHTS RESERVED – partner in art