Art Market Flippers

As the art market continues to gain momentum and more people are investing in art purely to make profits a new form of art investment has emerged which has been give the term "flipping". An art market "flipper" is someone who invests in art for profits by trading art in a similar way that a day trader trades shares. Contrary to the past belief that one could only consider art as a long term investment, many people are now using the demand for art make money by trading quickly with a high turnover rate to make smaller amounts of money much quicker.

Although this form of trading may seem very attractive it is also very risky because of the fact that it is extremely difficult to predict how the value of an artwork will move in the short term. Only those with an excellent knowledge of the art market, a large contact base of potential buyers and plenty of capital should attempt art "flipping".

I think that the fact that people are now able to trade in a way similar to that of shares shows how strong the current art market is. As long as there is all this new money coming into the market via China, Russia and India the boom should continue at its current rate as art continues its status as an indicator of wealth and an entry into the upper class world of high culture.