Dominic Briscoe: What to Look for When Investing in Art at an Auction

1. Dominic Briscoe: What to
Look for When Investing
in Art at an Auction

2. As owner of the auction house National Estate
Marketing, based in Hackensack, New Jersey,
Dominic Briscoe possesses more than 20 years
of experience with fine art auctions. As Briscoe
knows, fine art can make a great addition to any
investment portfolio. In some years, it has vastly
outpaced returns in the stock and bond
markets. Art works best as a long-term
investment and may be vulnerable to
recessions, but it can also perform extremely
well during good times.

3. When investing in art, a buyer should try to
keep emotion out of the decision-making
process. While success in choosing a painting
to match décor or improve the atmosphere of a
room relies heavily on how a person feels about
it, finding a good piece of art in which to invest
is a colder science. Good investors value rarity
in particular and always look for originals. They
also consider an artist’s selling record. If his or
her work has been consistently selling at high
rates and for more than its estimated value,
chances are good it will make a sturdy
investment.