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How to Start Collecting Art

Introduction

Art is a form of creative expression that has been around for centuries, and its impact on society has been tremendous. From ancient cave paintings to modern masterpieces, art has captured the imagination of people across the globe. Collecting art is a great way to appreciate the creativity and inspiration of artists, invest in valuable assets, and improve your own space.

However, for those who are new to the world of art collecting, it can seem like a daunting task, but that is where art consulting companies come in. Are you a collector, enthusiast, art advisor, or artist looking to start collecting art? Whether you are a seasoned collector, an art lover, or an artist yourself, we will provide the knowledge and tools necessary to begin collecting art. 

 

Benefits of Collecting Art

Collecting art from an art consulting company has many benefits, from investment value to exhibitions, personal enjoyment, and education.

  • Investment Value

Collecting art can be a smart investment, with many works of art appreciating over time. Artworks from renowned artists or unique pieces from emerging artists can increase in value as they become more popular or gain historical significance. Also, buying art can help you diversify your investments and protect you from inflation and market volatility.

  • Personal Enjoyment

Collecting art can also provide immense personal satisfaction and enjoyment. Art can serve as a reflection of your personality, interests, and values. It can inspire and enrich your daily life, providing a source of beauty and contemplation. Owning art can also create a sense of pride and accomplishment as you build a collection of meaningful works.

  • Education

Collecting art can also be an opportunity to learn about art history and different artistic styles. Exploring and collecting art can help you learn more about cultural and historical changes and help you figure out what you like and don't like. When you collect art, you can also learn about new artists and new talent, which gives you a chance to support and promote their work.

 

Understanding Art

 

Before starting your collection at a gallery or with an art consultant, it's essential to understand different art styles and recognize the artistic value of a piece.

  • Exploring Different Art Styles

Art is incredibly diverse, and many styles exist, from traditional to contemporary. Doing research on different styles can help you figure out what you like and help you make better buying decisions. Some examples of popular styles include impressionism, cubism, surrealism, pop art, and abstract expressionism.

  • Recognizing Artistic Value

Recognizing the artistic value of a piece can be challenging, but there are a few things to consider. First, consider the artist's reputation and history. Established artists with a proven track record hold their value and appreciation over time. Secondly, examine the technical aspects of the piece, such as composition, color, and technique. Finally, consider the cultural and historical context of the piece, which can impact its significance and value.

 

Setting Up Your Art Collection

 

Before you buy modern art, you should set a budget and figure out what you like and what you want to focus on.

  • Setting Up a Budget

Collecting art can be expensive, so you must set up a budget that you're comfortable with. Consider how much you will spend on individual pieces and your overall collection. Remember, it's possible to start collecting art on a budget, with many affordable options available.

  • Identifying Your Preferences

Identifying your preferences is an essential step in building your contemporary art collection. Consider your taste, interests, and values when selecting pieces. It's also important to remember the space available for displaying your collection and the style and aesthetic of your home.

  • Deciding on a Focus

Deciding on a focus for your collection can guide your search and purchasing decisions and give your collection a cohesive theme. This focus can be based on a particular artist, style, medium, or period. Having a focus can also make your collection more valuable and desirable to potential buyers.

 

Building Your Art Collection

 

Whether you are an experienced collector or just starting, building a collection of art can be an exciting and rewarding experience. 

  • Choosing Locations to Buy Art 

The first step in starting your art collection is deciding where to buy art. There are various options, such as galleries, auction houses, art fairs, and online marketplaces. Research and visit different locations to get a sense of the type of art they offer and their pricing.

  • Understanding the Authenticity and Condition of Art 

When buying art, it's essential to understand the authenticity and condition of the artwork. If you're buying from a reputable gallery or art agency, they should provide you with all the necessary information. However, it's always best to educate yourself on the subject and seek the help of experts when needed.

  • Negotiating and Purchasing Art 

Negotiating and purchasing contemporary art can be intimidating, but it doesn't have to be. If you're interested in a piece, ask questions and negotiate the price. Galleries and auction houses are usually willing to work with you to make the sale happen.

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       Image by Ferenc Keresi from Pixabay

 

Managing Your Art Collection

 

Once you have started your art collection, it is essential to manage it. Managing your art and video collection involves taking care of your physical and financial assets.

  • Creating an Inventory

Creating an inventory of your collection can help you keep track of the art you own and can also be helpful for insurance purposes. When creating an inventory of your art collection, it is essential to include details, such as the artist's name, the title of the artwork, the date of creation, the medium, the purchase price, and the dimensions. You can also include photos of the art and any other information, like where it came from or a report on its condition.

  • Storing Your Art

Storing your art correctly is essential to preserving its condition and ensuring its longevity and value. There are several things to consider when storing your art, including temperature, humidity, light, space, and security. If you need help preserving your art, seek the advice of professionals.

  • Hiring Professionals 

Hiring professionals is also a good idea if you have an extensive or valuable collection. Art consultants, handlers, conservators, designers, and appraisers can help you pack and ship your art, clean and fix it up, and figure out how much it's worth.

 

Enjoying Your Art Collection

 

The most important part of the art collection process is enjoying and sharing it with others.

  • Displaying Your Art 

Collecting art is not just about acquiring pieces but also about enjoying and sharing them. Display your artwork in your home or office; experiment with different arrangements.

  • Sharing Your Art 

Sharing your art with others is also a great way to appreciate it. Host a small gathering or invite friends over to view your collection. You never know; you may inspire someone to start collecting art!

  • Expanding Your Art Collection 

Once you've started your art collection, it's natural to want to expand it. Attend art fairs, visit galleries, and watch emerging artists. Don't hesitate to step out of your comfort zone and try something new.

 

Conclusion

Art collecting is not just about investing in something that is appreciated; it's also about personal enjoyment and education. With the right approach, you can build a collection that reflects your personality and adds value to your life. So what are you waiting for? Start collecting art today! And remember to check out RevArt for galleries, shows, and art consulting services to help you along the way. Happy collecting!