It is an exciting thing to be the part of an art world. With emergence of art buying online adding more accessibility and transparency in the market, the art fairs are changing in a way art is sold and experienced by the people. On the top, social media has redefined the ways where artists communicate easily with the followers; this fragmented market has become highly transparent & democratic than before.
No matter whether you like browsing art galleries or searching rare arts online, here’re some top tips to look for each collector – from beginners to professionals.
Things to Know Buying Your First Art Piece
Know your tastes –When you make your decision of collecting art pieces, you might get caught up completely in an excitement of starting your search, buzz over some artists and views of everybody! Never get attracted in making the purchase based completely on the recommendations, cost and trendiness. Take a little time to think of the type of art that you like, you feel a bit connected to the piece, or what you want. Visit art galleries & look at the online collections that will get a little idea about the type of art, which moves you and you feel the connection to. It can help you get the better idea on what you are searching for.
Decide what you are buying
Do you want to buy something you love or want because you think it is really great? Or you are buying something, which you love but want it to be the investment? There’re different kinds of purchases in an art world.
Suppose you buy this because you like it, it is simple. All you need to do is to know if you may afford it or if price is something you think is totally worth passion that you have. Suppose you are buying for investment purpose and want this to have the long-term value, it is a bit tricky. It is important for the first-time art collector to know there are different factors, which affect the work price, for instance, canvas art is considered to be highly valuable than the work on paper by artist; or if it is the edition or a rare art piece.
Do Your Research
When you have determined what interests you, then you must research on the artists & find same works from same genre. The exhibition catalogues can be the best way for you to start –and texts are generally compiled by an organizing gallery and exhibiting museum and include professional knowledge about artist’s oeuvre.
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