5 reasons to start collecting art in your 20s
Peggy team on September 15, 2023
Many assume that art collecting is reserved for the wealthy or experts—in other words, you need to be established to start collecting art. Yet, this can't be further from the truth. You can enter the art market at very reasonable price points (under $500!) and start a great collection. By the time you're established in your field, you'll have an enviable art collection of all your friends and colleagues. Beginning early allows a collector to grow with the artists they support, observe trends, and make informed choices. It's not just about buying pieces; it's about understanding the story behind each work and making connections in the art community. Engage with art now, and let it enrich your life for years.
Here are five compelling reasons to embark on your art-collecting journey in your 20s:
1. Investment Potential
Starting an art collection early gives you ample time to cultivate a discerning eye for pieces that not only resonate personally, but may also appreciate in value. Unlike other investment forms, art offers a dual return: the aesthetic enjoyment of owning a piece and its potential financial growth. As your knowledge expands and the art market fluctuates, certain pieces you acquire might become significant financial assets.
2. Personal Growth and Enlightenment
Engaging with art deepens one’s understanding of human history, culture, and personal identity. By collecting, young individuals immerse themselves in the vast world of art history, bridging the past with the present. This immersion fosters intellectual growth, enriching one's worldview and sparking profound conversations.
3. Supporting Contemporary Artists
Purchasing pieces from emerging artists can have a transformative impact on their careers. In your 20s, aligning yourself with contemporary art allows you to support artists at crucial points in their journey. Plus, you might be supporting artists at the same stage of career as yourself. This symbiotic relationship benefits both parties: artists receive recognition and financial support, while collectors obtain original pieces that might become iconic.
4. Cultivating a Lasting Legacy
Beginning a collection early establishes the foundation for a legacy that can be passed down through generations. Over the years, as your collection grows and diversifies, it reflects personal taste, societal shifts, and artistic evolution. These collected works can serve as a testament to one's passion, dedication, and vision.
5. Building a Social Network
The art world, vast as it is, fosters a tight-knit community of artists, curators, gallerists, and fellow collectors. By delving into this community in your 20s, you open doors to enriching relationships, exclusive events, and collaborative projects. This network can prove invaluable, professionally and personally, offering insights and opportunities beyond the confines of art.
Art collecting in one’s 20s is more than acquisitions. It's an exploration of history and culture with the bonus of learning more about yourself and your taste. It's a commitment to supporting the arts and investing in one's future. Embrace the art world early, and it promises a lifetime of discovery and enrichment.
Wondering where to start?
Peggy is the perfect place for new collectors to discover and buy contemporary art—plus, our patent-pending AI authenticates every artwork on the platform, unlocking the ability to resell art when you're ready. Peggy has partnered with contemporary art galleries and artists worldwide to bring you the most sought-after art. All artwork is original and made by highly acclaimed artists.
Follow artists, galleries, and other collectors to stay updated with your favourite artists. Join a community of art lovers by downloading Peggy and starting your collecting journey today. Download the app today.
Interested in starting to collect art and want a more personal touch? Reach out to Peggy's personal concierge with any questions—or to say hi.