Decorative arts refer to a large variety of tangible objects and decorations that have both a practical and aesthetic value. While decorative art is often considered distinct from the fine arts, which includes painting and sculpture, this separation is modern made. Decorative art celebrates any precious or crafted object, which may include book illustrations, basketry, silverware, armor and weaponry, and mosaic art.
The factors that drive bidding on decorative art include condition, provenance, and scarcity value. These don't change substantially over time, thus minimizing speculative collecting. While decorative arts are intended for use, doing so can diminish an items condition and, therefore, overall value. However, for this same reason, collecting decorative arts can be rewarding... Read more
Decorative arts refer to a large variety of tangible objects and decorations that have both a practical and aesthetic value. While decorative art is often considered distinct from the fine arts, which includes painting and sculpture, this separation is modern made. Decorative art celebrates any precious or crafted object, which may include book illustrations, basketry, silverware, armor and weaponry, and mosaic art.
The factors that drive bidding on decorative art include condition, provenance, and scarcity value. These don't change substantially over time, thus minimizing speculative collecting. While decorative arts are intended for use, doing so can diminish an items condition and, therefore, overall value. However, for this same reason, collecting decorative arts can be rewarding in a different way compared to art that is only observed.
The decorative art market is subject to the same forces that drive the fine art market, including supply and demand, market manipulation, speculation, and unpredictable highs and lows. It is more stable than fine art, which attracts more media attention and speculative bidders.
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