We all have a personal affinity to a work of art which fulfills and brightens our homes and our daily life, but rarely in our other purchases do we see the item truly grow all-around in it's worth.
-Ashley Beliveau, Sales Consultant at Townley Gallery
Fine Art as an Investment
"The attraction of art as an investment is that fine art provides an opportunity for portfolio diversification into an area that has historically provided high returns and shown a low correlation to other asset classes.
Since the end of World War II the value of art works has appreciated enormously. Quality works of art have proved to be a remarkable store of value. This is predominantly due to increasing rarity caused by an expanding demand from museums and collectors, and dwindling supplies.
The very rapid price rises that characterised the market at the end of the 1980s and the early 21stcentury were the result of speculation. The market has become much more selective, with an emphasis on quality."
"The attraction of art as an investment is that fine art provides an opportunity for portfolio diversification into an area that has historically provided high returns and shown a low correlation to other asset classes.
Since the end of World War II the value of art works has appreciated enormously. Quality works of art have proved to be a remarkable store of value. This is predominantly due to increasing rarity caused by an expanding demand from museums and collectors, and dwindling supplies.
The very rapid price rises that characterised the market at the end of the 1980s and the early 21stcentury were the result of speculation. The market has become much more selective, with an emphasis on quality."
Shane Townley, Copper Patina Wave, 48"x24"
SOLD
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