What can you get from an art festival?

I get this question a lot because a lot of people are thinking that an art festival is just like an art show. It’s easy to see what people get from an art show. You can get your hands on amazing art. This piece of art can cost you two thousand bucks today but if you hang on to it long enough and the artist makes quite a name for himself or herself, that painting you have in your hands may soon be worth twenty, thirty or even two million dollars.

If you don’t believe me, look up Andy Warhol. Andy Warhol created paintings by silk screening them and a lot of people thought silk printed screen printed art is not art at all. For the longest time, people were laughing at Andy Warhol and his silk prints of Marilyn Monroe, Campbell’s soup cans, Elvis and all other subjects that people simply dismissed as bullshit.

Well, this “bullshit” artist now fetches up to forty million dollars per silk screened painting. Not too shabby, right? I mean the guy didn’t even compose the painting. He basically created the silk screen like you would a t-shirt and then applied the paint on the canvas. It would be great if Andy was still alive, but as you probably already know, in the art show world, when the artist dies, the value of his or her work go up exponentially. In fact, the longer he’s been dead, the more money the collectors make.

You may be thinking that the one thousand dollars that you paid for that art at an art show is too much, you might want to think twice because given how art appreciates in value, you might be holding on to a gold mine.

It helps to collect the right artist. So do yourself a big favor. When you’re going to an art festival, think in terms of contributing to the art. Don’t just focus on what you stand to gain. But the good news is the more you contribute and the more you hang out, the clearer the art opportunities will be. You may even be able to pick up really solid pieces of art at a steep discount.

It’s not just about the money. There, I said it. A lot of people are thinking that if they buy a piece of art and it doesn’t go up in value then the art they bought is worthless. This is not true. There are other ways to valuate your trip to an art show. You can look at the experience. You can look at the inspiration. You can look at how it made you feel about yourself and your ideas. You cannot exactly put a price tag on these but they are still worth something. In fact, depending on who you ask, these are worth more than the money you get when that print or painting you bought at a show goes up in value. You can’t put a value on memory. You can’t price inspiration. Keep this in mind so you don’t lose sight of the forest for the trees.