Begin Your Own Collection I
So you have a passion for the arts and are contemplating creating an environment that fuels and sates this passion all at the same time. It is an intimidating thought to begin your own art collection and needs a sound planning.
The first step before you begin building up your collection is to figure out your own motives. It is important to known whether you simply want to brighten the room up, want to make some money or are fascinated by art and ready to commit long term.
It is important to assess your motivation and formulate a game plan based on it. Each motivation requires a different one.
If the intention of buying or collecting art is about the money or investment, you would need to do an intense research and build a network in the world of art. Make a note of the risks and the kind of compromises you may have to make.
Rarity equals value and quality. If the object is rare or it is a one off piece like in the case of oils or other paintings, drawings, and collages, the value is definitely high.
Limited editions are more expensive. The smaller the edition, higher the price. In case you set out to acquire a limited edition work of art, ensure that it is signed and numbered and not just a reproduction.
Fortify with sound research. Research about the artist, make sure everything is verified, signed, and well documented.
Educate yourself. Make sure that with each purchase you educate yourself, in the field of arts and in the art of collection.
Develop the artistic taste buds. Expose yourself to a great variety of art and appreciate what you see. Work to develop a discerning eye and expand your knowledge as you fuel your passion.
Understand an artist. Envelope and surround yourself with the works of the artist you may be interested in. Train your eye and develop and recognize your personal tastes.
Choose what’s right for you. Collectors worldwide have their own methods in choosing or deciding what they would like to buy. Decide your own and explore more.
Visit Centers of Art. Whether it is a museum, a gallery, an exhibition, or even an auction. Get out, get there and soak up all that you can about the artworks. Put yourself on their mailing lists and stay abreast of any updates in the world of art.
Understand that there is no right way to discuss art. Talk the way you are most comfortable with and converse confidently with the connoisseurs to gain from their experience and display your enthusiasm for the same.
It isn’t always about big money. Every legendary collection had humble beginnings. Take care to begin with a smaller investments and slowly work your way up to reach greater heights.
Fools rush in. Take your time in deciding what you want to buy, plan your collection and be patient to reach where you would like to be.
A trustworthy dealer is instrumental to build up an impressive collection. A dealer, a good one, becomes your confidante, a counselor of sorts who works with dedication to learn with you and to help you build a significant collection.