It’s happened to everyone: you stumble upon a gem of a painting or sculpture in a gallery and wonder, “How did they come up with that?” If that’s the case, have you ever thought, “I wish I were an artist?” Well, most people don’t become famous artists, but you can if you’d like to try your hand at being an art collector.
An art collector is someone who collects art. Art collectors may be enthusiasts, who collect art for the enjoyment of its aesthetic value, or they may be investors who collect art as an investment.
With today’s technology, art has become more accessible than ever. And while many of us enjoy visiting art museums or walking through galleries, spending thousands of dollars on art pieces all at once may not be within our budget. So, is it possible to become a collector?
While most art collectors spend their free time ogling art, some collectors spend their lives cultivating their own personal art collections. While not everyone can afford the $100,000 price tag on iconic art icons such as Pablo Picasso’s Les Demoiselles d’Avignon, starting a collection of your own doesn’t require a fortune. There are pieces in every price range, from $20 to $20,000, and here are some tips on how to get started:
Develop your own taste
If you are an art lover and ready to collect art, this article will help you get started. First, let’s start with a few basic ideas on what art collecting is. Collecting art is not very different from collecting other possessions like furniture, books, antiques, stamps, etc. The main difference is that art pieces are unique and rare and therefore more collectible. However, art does not alter in value the way antiques do, so you do not have to worry as much about depreciation.
You don’t have to be rich to appreciate art. According to recent surveys, Americans spend around $120 billion a year on art, and the average American owns around 8.8 pieces of art. But you don’t have to be rich to appreciate art. In fact, most people don’t even need an original piece of art to be an artist. Create your own taste to become an art collector. Art is for everyone!
Visit as much museums or galleries as you can
Having art in your home brings life, warmth, and beauty into your space; it puts you, as a collector, on the path to becoming a true art collector. Your collection can reflect your personal style, your favorite artists, and time periods, or it can reflect your personal interests, hobbies, and interests.
People’s passion for art is one of the most inspiring things. Seeing the works of renowned artists in person is one of the ultimate art experiences. And for art lovers like yourself, that means taking art classes, reading books on art, and visiting as many museums and galleries as you can. But did you know that the art you collect can actually make you an art collector? It’s true; you don’t have to own a painting, but you do have to have a passion for collecting something.
Set up a budget
An art collection is an expensive hobby, but some investment planning can minimize the costs and create a collection to be proud of. An art collection can be an investment, and with the right tools, you can plan it out, organize your techniques, and avoid any pitfalls along the way.
As an art aficionado, it can be difficult to find reasonably priced art to buy. So, if you’re an art connoisseur at heart, but your budget is holding you back, consider setting money aside each month to buy art specifically. While buying art outside of your budget isn’t commendable, how can you possibly understand what you are spending if you don’t set a budget for yourself?
Get to know the market.
Art pieces can be large, expensive, and fragile. If you decide to start building up a collection of art, you want to make sure you take care of it. Luckily, with the internet at your fingertips, you can find lots of free information about how to care for antiques. Art collectors have long been seen as eccentric individuals with more money than sense; however, that stereotype is changing. Art collectors are looking to increase their wealth and diversify their portfolios by collecting artwork and using art as an investment.
In the art world, collecting is considered an art form. At The Art Piece, we believe that everyone, regardless of age and background, is a collector, whether they realize it or not. This belief is at the heart of what makes The Art Piece unique. Our approach to collecting is simple: we provide art from talented emerging artists who we see as having exceptional and promising artistic talent.