Monday, March 1, 2010

How to build a good art collection?

A good art collection is more about research and knowledge than money. Here are some handy tips for aspirant collectors.

  • Expensive artwork is not always the best. There is no objective view of the perfect piece.Your own study and analysis along with a winning bid at auction is as important to establish real value. The aesthetic understanding holds key to your becoming a collector. You need to keep your eyes and mind open. There is good art by lesser known or less established artists available. You have to try to find out who they are.
  • Always go for reputable and credible dealers. Your relationship with your dealer is the most critical one. No good collection can be formed without an experienced dealer who will advise you, and help you know about good works available.
  • Genuine love for art matters. It is the first vital step in your conscious effort to become a collector. The ownership of art sans passion won’t in any way qualify you as an art connoisseur. A true-blue collector like Charles Saatchi loves to purchase art.
  • You may build it up slowly. It is not possible to collect art in one go. Buy a couple of works initially. Take your time to understand the kind of art you like. Educate yourself. Most collectors specialize in order to develop expertise in a specific category.
  • Slowly hone up your taste by looking at all different genres of art. Follow the artists carefully whose work you like. You will notice the works that appeal to you the most invariably have something in common- composition, color, subject or style.
  • Approach a professional art consultant, who will help you navigate through the entire process of purchasing art.

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