If you’re new to collecting art, you might feel overwhelmed by all the information out there. There are some basics that can get you off to the right start. Tv storyboard can be a tool for your art collection that will be presented in gallery.
Make a decision to start collecting. This may sound obvious, but it’s important to be intentional about your collecting habits from the very beginning. Collecting art can be a significant investment of time and money, so it’s worth thinking through why you want to collect in the first place — just for fun, as an investment or both. Once you’ve made the decision to start collecting art, do your research and make a plan for how you’ll go about it.
Set a budget. Decide how much money you have to work with — and keep in mind that this budget is meant just for buying art, not framing or other costs associated with displaying it. Don’t forget that most galleries offer payment plans and that credit cards can be used at many galleries (though the interest rate will likely be high). If you don’t have a lot of cash available at once, consider setting up a monthly allotment to spend on your art collection.
The decision to collect can be a very personal one, and based on many different motivations. Some people are looking for an investment; others love the art and want to live with it on a daily basis. Some are interested in building a collection that they can one day leave to their family. Others simply want to live surrounded by great art. These motivations can change the way you think about what you’re buying and how much you’re willing to spend.
The first step is to determine your budget, which should reflect your motivation for collecting and the level of commitment you’re willing to make. If you’re just starting out as a collector, there’s no need to go crazy from the beginning: A well-selected group of small works is still impressive, and it creates room for growth as you learn more about art, certain artists and your own taste. By buying what you love now, even if it’s not the priciest piece on the market, there’s a good chance that piece will grow in value over time — especially if it’s something that has already been vetted by galleries or institutions.
A good place to start is by building a relationship with an art gallery. The gallery staff will help you navigate the art world and find your first piece of art.
Buying at auction is another way to build a collection, but it can be difficult for beginners. You might not know what to look for or what questions to ask.
The key lesson is to trust your eyes, but also be willing to pay for expertise. It’s like buying a car or a house — you can do it yourself, but it helps to have someone who knows more than you do.
Art collecting can be a meaningful and rewarding pursuit, but it’s not for everyone. Art is an investment, and you should approach it as such. Yet most investors don’t buy stocks or bonds based purely on their potential to earn money. They invest in things they believe in, that they find interesting and exciting; things they want to own.
Interior designers love to bring in a little art into their projects. But how do you get started on becoming a collector?
Here are some tips to getting your collection started:
- Start with a budget
- Know what you like
- Learn the lingo
- Figure out how to buy it
How to Become a Modern Art Collector
Becoming an art collector is a dream for many, but it’s not easy. Before spending your money, you need to know the difference between a “good” and “bad” work of art.
Art collecting is different from buying art at the local craft store. As with any investment, you want to see a return on this purchase. In order to understand your investment, you need to be educated in the fine arts.
This guide will help you learn more about modern art and how to start an art collection that will increase in value over time.