Over the years, the demand for Aboriginal art has grown significantly both in and outside Australia. Following the law of demand, the cost of buying one piece of this art has also increased significantly during this period. It has now become one of the most expensive arts in the art industry.
The history of Aboriginal art started around 40,000 years ago as a way of telling stories and documenting events within the Australian communities. Eventually, it became a tradition that was passed on from one generation to another to the current generation. This makes it the oldest and the most original form of arts in the history of Australia.
Today, Aboriginal art is produced in modern designs and colors while maintaining its originality. As a result, it has become the most fashionable and appealing form of art, explaining the significant growth we see in the market.
Although growth is a positive thing, it is not without challenges. The increasing demand for Aboriginal art has complicated the market, especially to the investors. There are now more art galleries, more designs, irregular prices, and the market is flooded with fraudsters. This has made it so hard to authenticate the artworks and even harder to tell when you are being exploited. If you are not keen, you can easily lose your money in the market.
If you are planning to invest in Aboriginal art, there are several things you need to know.
1. Research is Important
Although the market is tough, you do not have to lose your money. You can still find what you are looking for if you are more careful. The key is gathering as much information as possible about the artists, the sellers, the prices, and any other relevant information about the Aboriginal art market. You can also visit aboriginal-art-australia.com to find out more about Aboriginal art. The more information you get, the more informed your decision will be.
2. Aboriginal ArtWork is Australian Based
Everything about Aboriginal art is Australian. From the artists to the stories, the techniques, the colors, the images, you name it. It’s all Australian based. You need to confirm that the art is indeed original Aboriginal before investing your money. To do that, you will need to familiarize yourself with the regions and the communities where the art originated. As a result, this will help you understand the style of the artwork.
If you are looking for a cheaper option, consider buying from one of the upcoming artists with a good track record. You will be surprised to find out that you can pay twice or thrice less than what you would have paid an experienced artist for the same piece of art.
Although age does not affect the quality of art, it is still an important aspect of Aboriginal art. People respect the tribal elders more because they believe that they are more detailed. This explains the huge difference in price between the experienced and the upcoming artists.
3. Provenance is Key in the Aboriginal Market
Before investing your money, you need to authenticate the artwork you intend to buy. All authentic artwork must have written documentation to support the claim. This is usually a Certificate of Authenticity from the seller to validate the artist. Other information includes:
- The title of the painting
- The story
- The biography of the artist
- Other relevant information such as his/her achievements, exhibitions, and collections
If you are interested in the technique of the artwork, you can also ask the seller to include the photos of the artist doing the artwork and after the job is complete in the documentation. But this is not a mandatory requirement. Some people are just camera shy. The seller will provide the photos only if it is possible.
4. Take Your Time
If you are into arts, then you know that it is a personal venture. This is especially true for Aboriginal art. They bear stories both happy and sad, love stories, success stories, stories of nature, heroic stories, life teachings, inspiring messages name it. Art should influence your life one way or another, so make sure you find a connection before you invest any money.
Don’t be in a hurry to buy your art. If you do not find it rewarding, keep searching. Even if it takes longer than you expect, keep going. Use the time to gather more knowledge about the artworks. Eventually, you will find that piece of Aboriginal art that will satisfy you.
Read More: 8 of the Best Ways to Sell Your Art Online
The Aboriginal art industry is doing so well right now. According to the signs, this is not about to change anytime soon. In no time, Aboriginal art will dominate the world’s art market.