Start Your Own Marvellous Art Collection 7 Tips
You may think the most prestigious art markets and artwork are reserved only for those with millions to spend.
There are many factors that go into pricing a work of art, nevertheless, the basic economic principles of supply and demand still apply to the art market.
The factors that affect an artist’s supply are; the availability of their work for sale, the artist’s demand, which is the number of collectors who are willing to buy their work, and at what price, are complex.
However, don’t be intimidated as I believe everyone can enjoy the many benefits of owning and buying art at an affordable cost, no matter what your personal circumstances are.
There is nothing better than choosing what you love and buying it with confidence, whether it’s a painting, photographic print, monotype or etching.
As a community, tuning into your own local art scene is important because, without the support of local citizens, our art would cease to have the impact it deserves. This offers an excellent opportunity to support a local artist and to build up your own art collection, whilst supporting all our individual creative freedoms!
- How prospective art collectors avoid becoming overwhelmed with the vast choice out there?
- How do you start collecting art on a budget?
- Is collecting art a good investment?
- How do you make a good art collection?
- How much should you spend on art?
- How do I get cheap original art?
Just like some of the famous art collectors out there, this article aims to answer these questions, and help you on your path to purchasing your first original piece of art.
1) Do What Your Instincts Tell You
The fact that you love something should be enough to convince you to purchase it, right? It often comes down to whether you can live without something, and if you can’t, then you should seriously consider it.
Rather than trying to save money by buying something inferior from an established artist, be discerning and brave. An excellent way to acquire something of a particular style is to settle for a good example from a promising emerging artist.
Providing support for the next generation of artists can be an incredibly rewarding experience.
2) Follow Your Favourite Artists via Social Media
Increasing numbers of art collectors are discovering new artists through social media networks. Instagram, amongst others, has become increasingly important for artists, galleries, and collectors, even more so during the temporary closure of public spaces.
Social media is a great way to keep track of commercial galleries to discover emerging artists, from the largest events in the art world to smaller fairs.
3) Original Prints Can Be An Affordable Option
Many major artists provide limited-edition print editions in smaller, more affordable batches, so keep your eyes open for collaborations and other limited-edition print projects.
However, prints can vary in quality, and may degrade when exposed to bright light, depending on the lightfastness of materials used for reproduction. Additionally, don’t forget to factor in the cost of professional framing which can end up being quite expensive, particularly for larger prints.
This contrasts with my original artwork, which contains much more heavily pigmented colours. For example, I use at least three coats of UV-inhibiting varnish to protect my paintings from bright sunlight, which makes them less likely to fade.
4) Discover Art School Graduates
Keeping an eye on graduates from the major art schools, could also help you find affordable art for sale. Art Schools typically hold end of year shows. Most graduates are only too pleased to sell their artworks, especially if they are burdened with any student loans.
A commercial gallery might be interested in representing them in next two or three years, so buying before that happens is a wise move. You can get to meet artists at graduate shows and talk about their work, you might even be able to arrange a studio visit.
Developing relationships with artists will allow you to become their client and hear about their new works first. Don’t forget that by subscribing to my site, you will be able to access exclusive offers, art previews, and updates first.
5) Frame It – The Right Way
The key to framing artwork is simplicity. Focus on the artwork instead of the frame and don’t let the frame overshadow it. A mount should be kept simple and works on paper should match the paper colour.
Common mistakes include using too many options, including decorative frames and mounts, and choosing the wrong frame colours. Keep it simple and remember it’s a display.
When you buy your artwork, you might have the option of buying it framed. This could turn out to be cheaper and easier in the long run as the seller may have preferential rates with a framer.
Make sure you find a professional framer and inspect their work before hiring them. Typically, artwork or prints are left with framers. If it’s valuable, is the piece covered for damage?
6) Move It Around – Plan It Before You Hang It
Look at it from different angles, and see if it strikes an interesting dialogue with the rest of your interior décor. Additionally, with the use of mirrors in a room you can reflect the artwork.
One of the most important things to consider is the colour of the wall that your artwork will hang on. Boost the power of your art collection with paint that brings out its colour and detail. Colour theory is an art in itself, but in this post you can read more about 21 Best Wall Colours for Your Art Collection.
Often, smaller paintings work well near light switches, or hung low over small pieces of furniture, such as bedside tables. The combination of different artworks can create extraordinary results and can be a very impressive focal point in your home.
You can put together a group of frames on the floor or on a table to see how they look together. You can mark display out on the walls with low adhesive/tack masking tape if you’re feeling particularly creative. In a later article, I’ll explain the best way to hang your art collection.
7) If You Don’t Love It, Don’t Despair!
Your tastes will change over time just as trends and fashions do, and that’s perfectly fine, you can fall in love with something twice.
It doesn’t matter how great the room or wall colour is. If you’re not happy with something on your wall, you might want to put it aside for a little while. By taking some time off from looking at your art, you may be able to gain a fresh perspective on it later.
Although, if you still don’t like the artwork after a break you might be able to sell it for more than you originally paid. However, it is imperative that you ensure the provenance of the piece before purchasing it, for example, this might be in the form of a Certificate of Authenticity.
However, don’t just invest in art for financial gain, art should be seen as an investment in quality of life. You might be surprised at how many contemporary art collectors are out there!