Editor’s Note: Many thanks to Kate Anderson, who so graciously contributed to POA! Looking forward to “hearing” what “key” has worked for you or add your own tip to her 7 insightful ways to start a collection.
WHEN YOU THINK ABOUT ART COLLECTIONS, you probably imagine uber-rich and wealthy art enthusiasts buying million dollar pieces of work at Christie’s. Well, as it turns out, a big, fat wallet may not make someone an art collector. It would merely make them a buyer.
Money and the availability of resources don’t make someone a collector, what does is a thorough commitment to the artworks. One cannot hope to make a decent collection without the necessary dose of passion. Think of art collecting as an adventure for life and you may have the right impression of the perfect collector. A collector who has honed his tastes and lives his passions as a seeker of new loves and sensory rewards.
Collecting art comes from within, you must be the sort of enthusiast that is willing to look deeper and go further into pieces of art than most other people. And besides, collecting art is proving to be a worthwhile investment as well in the current economic environment.
So, if you want to join the club as well and start your very own art collection, here are the seven things you’ll need to do.
Invest in Training
Read as much as you can about the work in the industry and train yourself to think like a professional art collector. Go to Art Shows and exhibitions to explore the local scene and train your senses to sniff out the potentially great stuff out there.
Go by your taste
Your sense of taste is essential in this line of work. Figure out what you like and what you don’t and stick to it with determination. This is not to say be close minded, but explore only that which interests you. Otherwise what is the point of it all?
Go step-by-step when you want to make a grand collection. Things like these start off slow and can take many years to get to critical mass. Don’t rush, let things flow and be patient.
Don’t give in to impulses
Love at first sight and impulse buying have no place in the art collector’s life. You must learn to observe the work and get a real feel for it before you decide to put cash down. Try to understand what the art is trying to convey and train yourself to control your impulses.
Meet the artist
Check in with the artist to understand their perspective on the art. Get their background and past experiences with similar work so that you can judge the quality of what you are about to buy more fairly. You also want to know how dedicated the artist is to his or her work.
It is okay to fall in love with some art but you have to think about it logically as well. You need to see if the new work fits in with your life and house. It is more than just a piece of decoration; it is an expression of your personality.
Most of all enjoy
Collecting art is not about making a good, logical investment purchase, it is more about how you feel and grow as a person. The development that comes with this sort of collection can be very satisfying indeed. So enjoy yourself as much as you can, since that is what this is about at the end of the day.
Kate Ashton is an owner, artist, instructor & mentor
at Art on 30th — An Art to Market Community.
Arton30th host regional & national Art Shows in a
lively & classic gallery setting, honoring the artists
she mentored by taking their art to market.