How to go about buying art?

So what is the right way to launch your love for art? A news report by Tinesh Bhasin in The Business Standard (Making your portfolio arty) publication proves a quick guide on the topic. Quoting experts in the domain of art it underlines the fact that budget is not really a factor.

There are artworks for all budgets! You may buy them for a mere Rs 5,000-10,000 or purchase works worth a crore or more. The correct way is to chalk up a budget for each piece. You should also check websites of prominent galleries, news portals, auction houses and investment advisors to shortlist artists and artworks, which appeal your preference and tastes.

Buy higher worth works as you become more comfortable and conversant. The story mentions of an NRI couple that started with a budget of Rs 15 lakh or so to put up a few works of art in their new luxury house. They rightly decided to start small and first develop a proper understanding of what they want to buy. As the writer suggests:

"If you wish to own master artists, you can explore from options like sketches or watercolors. You will be able to buy these even below Rs 2-3 lakh apiece. These can be small-sized artworks, say 10*10 inches or thereabouts. Another option is buying serigraphs or lithographs, which are authorized copies of an original work created by the artists themselves, and even signed by them. If the print quality of a lithograph is good and the production is low, it will hold value. For instance, you can buy a lithograph of 'Astavinayak' by Husain for roughly Rs 25,000 (excluding taxes)."

Importantly, if you come across a piece within your budget that you like, buy it without worrying about the future value. If you are not able to relate to a work, better not buying it!