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The First Installment of David Bowies Art Collection Sold for Nothing Million Dollars

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Whether you consider information technology an investment, a hobby or just a absurd manner to decorate the walls in your home, acquiring new art tin be a fun and exhilarating feel. Although many people assume collecting art is but for millionaires, the truth is you can start your own fine art collection on any budget. Y'all may not have the funds to fill information technology with famous pieces, but all that matters is that you fill it with pieces you love.

Know What You Similar

First, but collect what you like, fifty-fifty if information technology'south something obscure that others may not capeesh or understand. Unless you're but trying to make a quick buck — and that's often hard to do — putting together a collection won't exist fun if you force yourself to choose items just considering they're trendy. If you aren't sure what you love, get to the library and cheque out some art history books. Become to art galleries in your customs, and check out the artisan booths at local fairs and festivals. Do a simple internet search, visit an antique shop or flip through the art at your local arts and crafts store or big box store. Figure out what appeals to yous, and use that as a starting signal.

Know Where to Look

The next stride is knowing where to find the fine art you like. Some of the places you visit to discover your gustatory modality may besides sell the types of pieces you like. Craft fairs, festivals, antique shops and galleries are good examples, but you tin store for fine art at many other places, including estate sales, where you may find rare and unique pieces, and art websites like Etsy, ArtStar, Uprise Fine art and Editioned Art. Some artists allow y'all to visit their studios, and sale houses typically have art in their inventories. If you go to auctions outside of major cities, you may even discover a rare piece at an excellent price.

Exercise Your Homework

Earlier you brand a purchase, peculiarly an expensive purchase, you want to do your homework on the artist, the detail and its groundwork earlier signing on the dotted line. In some cases, the seller may not realize the value of an item and sell it for a bargain price, but yous don't want to pay likewise much for a piece, even if you love it. Yous also want to avoid buying something advertised as an accurate piece that is actually but a reproduction. Be on the lookout for fraudulent items, and acquire how to read the documentation that verifies the authenticity and provenance of a piece of art.

Accept It Slow

If y'all know your budget for starting an art drove, don't rush out and spend it all in one mean solar day. Don't expect to put together a huge, envious collection overnight. It takes time to curate the perfect collection for your interests, tastes and passions. For many art collectors, the hobby becomes a lifelong journey. You lot never know when a new artist you discover turns into a huge success, making that $100 painting you bought worth a modest fortune — and bragging rights — one day. Starting slow also allows yous to save up for the more expensive pieces you may want to buy ane solar day.

Treat Your Art Well

Finally, later y'all buy your first pieces, brand certain y'all take intendance of them. Learn how to display and preserve everything you lot buy, and make sure yous take enough of space to keep your art. Sure, yous could rent a storage building if you don't take enough room in your home for all your treasures, but what's the betoken in having an awesome collection if you tin can't show it off? If y'all acquire expensive pieces, insure them against theft and disasters. Yous may also desire to make a plan for what happens to your art afterward you laissez passer abroad. If you don't have family, you lot may want to donate art to a museum or charity, for example.

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Source: https://www.questionsanswered.net/article/how-to-start-an-art-collection?utm_content=params%3Ao%3D740012%26ad%3DdirN%26qo%3DserpIndex