Starting a fine art collection can be scary. it’s vital to invest time realizing what you like, what you plan to spend and figure outplacement in your house.
Crucial Tips for Budding Collectors
I want to start collecting fine art for my residence. Where do I begin?
Visit auctions, galleries, and museums. Read art books for movements, styles, and artists. Then find places that sell that sort of art, whether it’s an auction house, a gallery, live auction platform, or directly from the artists.
In the end, discovering your own preference and personal style is what matters the most. Know that while some art does appreciate in value, this is not the truth of all art. Collect what you love.
How can I make sure to remain within a budget?
Know that you do not have to buy a whole collection at once. Part of the fun can be gradually building a collection from a host of sources over a period of time. Can’t purchase an original painting from an established artist? Try beginning with a signed print instead or looking for any local emerging artists.
As a new collector, what are some of the benefits of buying art online at auction as opposed to in person?
Convenience. Buying online delivers a way to bid right from home. Also, there are apps that help you bid via a mobile device. If possible, it is recommended that you visit an auction house during the auction preview to view items in person prior to bidding. If that’s not a choice open for you, then call an auction specialist to answer any questions you might have about a specific item, like problems with the condition.
Being a fine art collector, for monetary reasons or just to have an art collection, can work in your favor when you have the right information to help you.