Art Collecting 101: A Crash Course for Everyday People


Art collecting may seem like a hobby reserved for Manhattanites with private jets and a taste for caviar, but there is a growing trend in the accessibility of the art world. The development of online sellers means anyone with a desire for high-quality art can start a collection. Read on to learn the basics of selecting and purchasing pieces that will bring you joy today and possibly a hefty return in the future

The first step to starting a collection is defining what you like. Embrace the idea that there is no such thing as “good art”; there is only art that speaks to you and art that doesn’t. Visit museums, galleries and art shows to explore a wide variety of styles. Talk with curators or the artists themselves and note which themes and mediums evoke an emotional reaction from you.

The next step is to understand the pricing for different types of art:

Originals: An original work of art is the most expensive (and exclusive) type. When you purchase an original you are the sole owner of that piece of art. Artists must charge more for originals because they can only profit once from that sale. Even if the piece grows greatly in value over the years the collector, not the artist, profits from that value.

Prints: A print is a reproduction of an original work. Traditional print types include lithographs, engravings, screen prints, linocuts and wood block prints. A true print is not one-of-a-kind, but is still an original piece of art. Artists often set a limit for the number of prints made from a single piece, which is known a limited edition. All prints made from a single piece are known as a run. The smaller the run, the higher the value for each piece. For example, if two comparable pieces of art are reproduced in a run of 10 and a run of 200, pieces from the run of 10 will be much more expensive than pieces from the run of 200.

Posters and Reproductions: When a piece is reproduced digitally and without limits, it is a poster or reproduction. This is typically the least expensive way to acquire a piece of art. The lines between posters and prints are being blurred slightly with the advent of electronic reproduction of digital artwork.

When you’re starting out in art collecting it’s a good idea to begin with reproductions and prints. You can learn what you like and spend some time getting acquainted with which artists and styles you enjoy the most. Spending your entire budget on a single original work right out of the gate may leave you with a piece you aren’t totally in love with and can’t sell.

Once you know what you’re looking for the fun can begin. While shopping local galleries allows you to see pieces in person, the prices are typically inflated to include a cut for the curators. There are a number of online outlets that allow you to search many different kinds of art from the comfort of your home and buy directly from the artist themselves. For example,  offers a curated selection of prints from artists around the world ranging from $50 to $750. Two-minute documentaries on each of the artists give you the opportunity to connect with artist and gain some insight into their work. Other popular sites include:
 

  •  this site only features original pieces 10” by 10” or smaller, which means pricing is more accessible (not to mention inexpensive shipping!).
     
  •  also a physical gallery in San Francisco, this site has a very extensive catalogue that allows you to search by size, price or artist.
     
  •  features affordable prints, sculptures and home accessories. Shop by room to get inspired to bring a more artful look throughout your home.
     
  •  this site has a huge range of work that makes it easy to search by style, medium or even specific color schemes.

    It’s a wonderful time to explore this more inclusive world of art collecting. The right piece of art can inspire you, change your mood, reflect your personality, spark conversations and make a space feel complete. One word of caution: if you are purchasing an expensive piece online be certain to discuss shipping details with the artist or site administrator.  A professional packing and shipping company will determine the optimal way to insure, crate, cushion, pack and ship a piece of artwork to ensure your investment is protected.

    Resources:

    http://www.dwell.com/design-101/article/introduction-art-collecting

    http://www.houzz.com/ideabooks/6515582/list/Collect-With-Confidence--An-Art-Buying-Guide-for-Beginners

    http://www.usatoday.com/story/money/personalfinance/2013/04/07/collecting-affordable-art/2057751/

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