LAS VEGAS, NV--(Marketwire -08/13/12)- A long overdue celebration of the visual arts and artists, the World of Art Showcase (www.worldofartshowcase.com) -- set to debut at The Wynn Las Vegas December 20-22, 2012 -- is being promoted as an exclusive show for professional artists from across the U.S. to sell their art and make important personal connections with art buyers, collectors and galleries.
The growing lineup of world-renowned artists on the World of Art Showcase roster include Wolfgang Widmoser, Daniel E. Greene, Leon Oks, Jota Leal, Morpheus Fine-Art, Vladimir Kush, Steve Hanks, Sally Maxwell, Tony Pro and many more.
While illuminating for patrons how, why and when to purchase paintings for pleasure and aesthetic purposes, the multi-faceted event will also shine a much needed spotlight on the value of original artwork as one of today's most profitable and enduring financial investments.
The groundbreaking vision of David Goldstein, COO of Jerry's Artarama (www.jerrysartarama.com) -- one of the world's most loved art material supply companies -- the World of Art Showcase is very much a cause to reestablish the arts to their rightful place within society. Goldstein believes that while a great piece of art can enrich people spiritually and emotionally every day, it is also the best investment they can make, whether they are connoisseurs or novices in the world of art appreciation.
Over the past few years, Goldstein's claims have been echoed by numerous art and financial experts in such publications and websites as Forbes, US News, Bloomberg.com, Marketwatch and Luxist.
The subhead of Rachel Koning Beals' November 16, 2011 article in the Money/Personal Finance section of usnews.com reads: "If you can overcome its steep entry point, art can help spread risk and generate solid returns."
In the article, Beals quotes art investment analysts at Deloitte: "Art has a low or negative correlation with many other asset classes and can play a positive role in portfolio diversification. Some academic studies claim that art or collectibles should represent around five percent of a well-diversified portfolio." Beals comments: "This consultancy is making a significant push in art financing and art investing analysis, in Europe especially, because it sees a growing asset class in art."
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