As people begin to appreciate certain styles of art, there becomes a supply and demand situation where prices can indeed reach almost unattainable limits. These types of collectors purchase strictly as a form of investment.
But there are many beginners who pay little attention to the rules of the art world and instead buy what they like. There may be a theme associated with a collection you are drawn to or there may be up and coming artists you admire and want to invest early in their career.
Whatever the case, there are a few tips to pay attention to regardless of your experience as you begin to add to your own collection.
Where To Start
Do your research. If you are interested in an artist or a specific piece to add to your collection make sure you have checked out the galleries in your area before settling on your next purchase. Most galleries will have additional information available on the pieces you are considering.
Visit the museums in your area and get on their mailing lists to ensure you will be invited to any new openings or special events. Although you cannot purchase from a museum, you can find invaluable information in the featured publications.
Don't buy it if you don't like it. The idea of collecting is that you enjoy the pieces you purchase and wish to display them proudly.
Check out the non-profit art centers in your area as well as any artisan fairs that may be scheduled throughout your city. There is often art for sale at these events as well as artists and experts on hand to help guide you in your own collection.
Go to your local library for books and magazines on art collecting. They will have a wealth of knowledge on collecting and offer tips to help you understand what to look for. They will also and suggest areas you may have over looked when searching for specific pieces.
Find fellow art collector by attending similar events. Exchanging opinions and ideas can be very rewarding in new friendships and in networking for new pieces for your collections.
Go online. There is a mountain of information on the internet that can help you narrow down your preferences and build your knowledge base in any aspect of the art world.
The Choice is Yours
The sky is the limit when it comes to collecting and the value of art is unique to each individual. Someone's masterpiece may be an acquired taste and the more you learn about your personal preferences, the more extensive your collection can become.
It's all a matter of personal style.