Starting an art collection can be tricky, especially when you are not a billionaire. However, a few correct choices can help create a breathtaking art collection whilst keeping your budget under control. Do your homework before making your first art purchase, and work your way up the ladder as you grow your art compilation.
Art collection is an expensive hobby. Considering the immense hard work that goes into one painting, artists around the world are justified to demand the astounding prices for their masterpieces. Always choose the painting that appeals to you the most. For art collection, there is one rule of thumb: buy what you love, not something that is a ‘status symbol’.
There is a myriad of art genres to choose from; as an art lover you might fall head over heels for one or more genres. It is a good idea to start your collection with paintings of your preferred type. You can choose from portrait style paintings, history paintings, everyday prospect paintings, still life, or landscapes.
Some art lovers also like to collect the works of famous painters. If the works of celebrated painters is out of your reach, there is no harm in settling for Sandro Botticelli or Van Gogh replica paintings. These replicas are a collector’s heaven, and perfect for amateur art fanatics. The paintings are more reasonably priced, and look stunning hanging on the wall!
Look for new artists who go under the radar, but are slowly building up popularity in the world of art. These emerging painters will be the Johannes Vermeer of tomorrow. So invest in one of these painters’ works, and twenty years from today you will have possession of a coveted piece of art.
In the beginning, it will be a good idea to set some boundaries for your purchases. Do not go beyond your budget on a single purchase; buy paintings that are within your reach so you can continue buying in the future as well. Make sure not to get carried away in a single art purchase; you might regret spending so much money. The money you spend on a painting depends on your budget; for starters, try not to go beyond $ 500.
Never set up an art collection for the sake of investment. The market for art is not anything like the stock market; at times you might not get a good price for even the most desired pieces. Stay in touch with various art galleries and watch out for talented new painters. Keep note of dates for art auctions, as these events have some of the best pieces for sale.
Buying directly from a painter is also a good idea. Not only will you get the painting for a good price, but knowing the creator of the painting personally will improve your understanding of the work.
Unless you are Bernard Arnault, you will take time to create a magnificent art gallery of your own. Starting off with less expensive pieces of art is the best way to get familiar with the process of purchasing, and finding the true art lover within you.
*Guest article contributed by Becky W.*