Collector Groups From Around the Country Set to Arrive At The 3rd Annual Palm Springs Fine Art Fair

PALM SPRINGS, Calif. - Jan. 23, 2014 - PRLog -- Fine art investing is growing in interest with a $55 billion-a-year market according to a 2012 Merrill Lynch report. Museums around the country are bringing groups of people new to collecting or “young collectors” to the Palm Springs Fine Art Fair (PalmSpringsFineArtFair.com) for a perspective on colleting Post-War and Contemporary Art.

The growing interest in part reflects the idea that Fine Art can be a safe haven investment in unsettling times. During the show, collectors at any phase can learn more about investing in their collection from panel experts from US Bank, and art collectors like Steven Biller, Marshall Lightman and Les Edelberg on topics like Art Collecting 101, Collecting for Collectors, The Art of Giving and Art as a Legacy.

Rick Friedman of HEG, which produces five Fine Art fairs across the United States including PSFAF, sees the global interest growing, which is attracting people new to collecting and investing. “Young collectors are deciding on their direction and goals,” says Friedman, “When Fine Art shows are selling out of work, there is a perception that the supply on the market is limited, and there are great stories of the one that got away.” The art on display in the Palm Springs Fine Art Fair is valued at over  $100 million dollars, and millions in Fine Art is sold during the four-day event, says Friedman.

Panelists such as Steven Biller will be sharing insights with the attendees on the pros and cons and the ones that got away. “The goal of the panels is to educate young collectors and mature collectors on how to focus your collection and look for long-term endurance of the collection,” continues Friedman.

The Palm Springs Fine Art Fair takes place February 13-16, 2014 at the Palm Springs Convention Center. Tickets and schedule of events are available at PalmSpringsFineArtFair.com The exclusive show preview February 13^th is available to Black Card holders and provides access to the VIP Gala honoring Arts Patron of the Year, Harold Matzner. The Palm Springs Fine Art Fair brings together 60 of the best Fine Art Galleries from around world creating a pop-up museum of Contemporary and Modern Art. The show is a production of Hamptons Expo Group, which also produces ArtAspen, ArtHamptons, Houston Fine Art Fair and Silicon Valley Fine Art Fair.