by james on February 14, 2012 at 5:10 pm · Filed under For Collectors
So, you are an art lover where you go to art shows, exhibitions and such and is overly impressed by those who are seemed to be flashing their cheque books on every piece of art they like. You wished you could do the same but you might not have the hundreds of thousands in your bank account. No worries as you still can be a small collector in your own accord. No doubt you need money to do this but you can always start small before venturing further, here are some tips on how.
First of all, look at the current economic situation. The market these days are very volatile where you will find that almost each time the market experiences a slow movement, they are saying that is it he recession. Whenever this happens, it will affect the buyers and sellers of art where people are not buying as much. At the same time, galleries will be giving discounts in their collection. If you have any spare cash, this is the best time to buy.
Apart from that, you can also start looking for new and emerging artists where they basically have no specific direction of where their careers are going. Some are looking for galleries to represent them while others are just joining group shows and such. For those with no gallery representation, you are free to discuss directly with them. On advantage to this is where you can discuss the terms of payment with the artist. One thing good about buying art from the emerging artists is that their works are still very early in their career and this is where they have put in more effort, passion and a lot more expression into their work. Read the rest of this entry »
by james on February 14, 2012 at 8:49 am · Filed under For Collectors
So, you want to start collecting art. Where should you start? First and foremost, you must be aware that anyone can buy art. All you need is the money and it depends on whether you are buying art for investment or because you like keeping them either for decoration or as an art lover. In fact, there is no need for previous knowledge of the business dynamics of art or its education if you want to buy art. One thing for sure, when you buy art, you are entering into a form of investment. This might not always yield the returns like shares and property but if they do, they can be quite lucrative.
When buying art, you must have the money to do so. This is very important because good art from reputable artist will reach five, six or even 7 figures depending on where and who you buy from. But if you are looking at aspiring artists who are at the start of their career, then it would be more affordable. So you must look at your finances and then look at the right places.
Where to buy?
There are many avenues which you can buy art from where the most common places would be through public and private galleries. The assumption here would be that when you buy from the public galleries, the art is usually cheaper as they are usually for a good cause. If you buy from a private gallery, the art would be slightly more costly as they are typically business operations. Apart from that, you can also buy art through auctions from the established auctioneers which naturally would be most expensive. Otherwise, you can also buy art directly from the artists Read the rest of this entry »