Tips to buy art for beginners

First and foremost, analyze your inner motives of building a collection. Start by asking whether you are collecting art merely for investment motives or for the genuine love of the art in front of you? This will decide many of your next steps to acquiring good art.

Next step is to determine budget. Collecting good quality art needs a certain assured stream of disposable income. Instead of dropping money on needless sundry expenses, if you are serious about collecting art, consider sparing the money for art instead.

Another key is to choosing an artist and a country of your choice. As well as China, India, Korea and for that matter, Vietnam, there are a number of noteworthy contemporary artists on the horizon. However, the choice of an artist or artwork is mostly personal, and this is how it really should be! Experts suggest doing some basic research and search on the local art scene so that it gets easier to have a feel of it and pick the right artist. Broadly speaking, developing countries are a right choice for those who are looking for assured returns from their art investment.

Next is the deep-pockets option. A rather safe way to initiate yourself in the art market is starting with a couple of well-chosen pieces of art by established and internationally recognized artists. But you then must be ready to shell a good amount of money to acquire them. You may alternatively resort to ‘starting young’. This is another approach that involves picking with young, emerging artists from the region.

These works, as is expected, will come at lesser prices tag. Being less expensive, you can afford them, and acquire them at a smaller budget. However, understand who among the up-and-coming artists are most likely to do well in the future. These are a few keys to buy art the right way.