Tuesday, October 04, 2011

Basics Of Buying Art: Whether You抮e A Pro Or Not




Buying and collecting art intelligently can be done by



anyone. That's right, anyone. You do not need to have



experience in collecting art, previous knowledge about



the art business, or even a degree in art history. The



truth is, all you抣l need is love for and appreciation



of fine art; plus a yearning to collect; lastly,



willingness to learn a some simple techniques that



would help you evaluate any kind of art work coming



from any period of history, whomever the artist is and



whatever his or her nationality is.





Anything Goes





Although you might read some specific suggestions and



recommendations describing specific works of art, you



should take note that there is really no right or



wrong kind of art and that there抯 no right or wrong



method to collect or buy art.





Everyone has the freedom to collect whatever it is



that they feel like collecting and buy whatever pieces



they feel like buying. It doesn抰 really matter



whenever and wherever you feel like purchasing art,



for whatever reason, and for how much you feel like



spending on the purchase. As a result, the following



tips are not for everyone, but are typically designed



for those who want to spend their money wisely on



worth it pieces.





If you happen to be one of those people, then here are



some tips on how you can be a better art collector.





Four Way Questions On Buying Art





If the time comes that you see a piece that you want,



whether it be a painting, sculpture or a print, there



are generally four questions that you should ask



yourself to start your decision making.





Who抯 The Artist?





To answer this, you have 2 reliable sources: spoken



and written information. Spoken info usually comes



from the artist himself, gallery exhibiting the piece



or the dealer. It can also com from other collectors,



friends, family, and other people that are familiar



about the art or the artist being considered. On the



other hand, written info could come in a number of



forms like artist career resumes, gallery exhibit



catalogues, art reference books and exhibition



reviews. How Important Is It?





This could be answered by simply looking at as many



possible pieces done by the artist. Try to be familiar



with the range of the artists?art and see where that



particular piece falls. You can start by asking the



seller to show you a number of pieces done by the



artist, whether original, in print, or in photographs.



Also try to see works from all periods of the artist抯



career; doing this can teach you a lot about the



artwork and the artist at hand.





Where Has It Been?





Third, it抯 also important to know where that



particular piece of art has been. This is done by



accumulating all incidental information about the



piece. It抯 similar to making a biography of the



piece, from its birth, which is the artists?
completion of it, up until the present day.





This can be helpful since good provenance and



documentation can increase an artwork抯 desirability,



collectability, and market value. Having a good



provenance in the art world is analogous to having



good pedigree in the pet world. For example, if a



painting was exhibited at a notable and important art



show, then it is more collectible than a similar



painting that wasn't; just the same with awards and



prizes.





Is The Price Fair?





For this question, it doesn抰 really matter what the



piece抯 value may be in the future, since nobody can



really answer that. What you should want to know is



whether the piece is fairly priced today or not. This



is a very important question, because just like other



services or goods, art can sometimes come overpriced.



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