Philips has a growing reputation for giving sensible advice to those wishing to buy art for investment. This has largely come about, paradoxically, through encouraging our customers to value art primarily for its asthetic qualities with investment being a secondary consideration. The pitfalls of buying art to make money are numerous, both for the seasoned collector and the inexperienced buyer keen to begin collecting works of art. Whilst the truth is that most art, be it straight from an artist's studio, a commercial gallery or from an auction, will rarely ever be worth more than the purchase cost, we can help to guide, minimise and balance this risk.
Occasionally however, art does go up in value and one of our tasks is to offer a long-term guiding hand as well as a cautionary note on matters of investment. Along the way, we will point out the errors to avoid making, the importance of developing an 'eye' for quality, and the vagaries of the art market where fashion and influence often determine price. Most importantly, we offer a realistic view on art 'investment', based on fifteen years experience of working in the art business.
We are often asked to seek out works of art for customers who do not have the time to search for themselves. Such works might come from private sources, commercial galleries, artists' studios or from the open market through auction houses. In each case, we thoroughly check condition, provenance and market value. Crucially, we make judgements on quality, recommending only the best works from an artist's euvre. We travel both at home and abroad in pursuit of quality works of art.