Tuesday, June 9, 2020

Modern art paintings

Many collectors and investors choose modern art paintings because they are the forefront of contemporary art. They reflect the energy of today's world and serve as barometers against the ever-changing art scene. They can also become significant investments if they are created by a promising modern artist and bought early in his career.

The reason why modern art paintings are successful today is the same reason that Picasso's paintings were successful in their day. The art scene is full of movements over time. These movements are usually reactions to the previous contemporary artistic practices of the previous times. For example, impressionist artists around the world developed a completely revolutionary way of creating great works in their time. Instead of painting within the studios as had been the custom for hundreds of years, impressionist painters from around the world such as Claude Monet, Pierre-Auguste Renoir, Camille Pissarro, Paul Cezanne in France and Australia, Tom Roberts, Fredrick McCubbin, Jane Sutherland, Charles Conder and Authur Streeton took their palettes outside and captured the light in "plein air" in completely new ways with color. At the end of the 19th century, these were the best works of modern art. Today, these paintings are revered throughout the world for what they brought into the art world at the art Jerusalem.

However, if you place a Monet next to a Jackson Pollock, you will see surprising differences in conceptual development, technique, and painting practice. This is a reflection of the development of art over time. Modern works of art are successful because they open new artistic paths and show us our world in new and fresh ways. Today, some think that current practices are not a reaction to previous genres, but a totally different attitude to making art.

Many expert collectors invest in modern art paintings. They choose to invest in these over traditional paintings for the reasons I described earlier. It is great to be part of an artistic movement, either as an artist or as someone who collects the art of the time. As a collector, it is very exciting to invest in an artist's work when you are young in your career and emerge in the art world. The thrill is knowing that you are on to something that will pay big dividends in the future. It is always a gamble, however there are generally some indications that these paintings will be a great investment. The other reason people invest in young and future modern artists is because they have an emotional resonance with the particular modern art paintings they buy. Over time, artists have always relied on collectors to follow their work and invest in it. In Michelangelo's day, it was the Catholic Church that collected his modern art paintings. Today, they can be wealthy collectors, celebrities, artists, art lovers, and just about anyone who collects works by modern artists.

I think everyone should hang modern art paintings in their home. Each new development in the art world must be supported by the people living in the world at that time. However, art is a very personal and highly subjective matter. What one person loves in a painting, another will absolutely detest. The artwork that I have collected from other artists that I have purchased because I love them and I also love supporting other artists. I would not buy something that I did not like simply to earn money in the future, since I have to live with art in my home. I also buy from artists that I think are still emerging and haven't been discovered yet, but have the potential to do really well in the future. The best way to approach modern art collecting is to combine personal taste and business understanding. Remember you can have this hanging on your wall for years, so if you are not a fan of Damien Hirst's self portrait with the severed head image, then don't buy it.

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