When searching for alternate income, or ways of investing surplus funds, many individuals often turn to options such as stocks, bonds, and CDs. There do exist some people who possess a certain knack for investing in fields that are considered by many as risky. One of these fields is that of art collecting.
Collecting art can be a lucrative venture if one knows what to look for, and what qualities to consider. This is a skill Adam Sender has honed to a sharp instinct. Most collectors hope to find a few pieces that will appreciate in value, but what if the collection contained over 140 paintings? Impressive isn’t it?
Adam Sender has spent the last two decades selecting choice pieces from contemporary artists that met his criteria. During this time he carefully selected paintings done by artisans that had long, proven careers, and held an eye for detail. Beginning in the 1990’s his collection has grown so large that the time has finally arrived to sell a portion of it. Appraisers estimate the net worth of all 140 pieces to be roughly somewhere in the ball park of seventy million dollars.
When considering a piece, Sender never made a decision based on the person’s popularity or mainstream opinion. Instead he would approach each work in an objective fashion, then ask himself a simple question – did it engage and impress? Only the most exceptional works were selected. His collection contains contemporary art created by artists such as Dan Flavin and Keith Haring.
The collection has been viewed in London and New York where audiences have commented on the sheer diversity presented. It portrays a wide array of styles and techniques within the field of contemporary art while revealing the care and skill Sender placed when selecting each piece.
For someone who started out as a greenhorn, Sender has grown into a reputable collector with an eye for quality. One key component that has led to his success is the way he let his collection grow naturally. Now two decades later he has amassed an investment through contemporary art that was, until now, virtually unheard of.