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Wednesday, April 19, 2017

Tips For Collecting Contemporary Fine Art East Coast Dealers Offer

By Sandra Jackson


Artwork can be a great investment for those who know what to choose and which artists to follow. It may be trite, but most dealers agree that you should buy what you like and place it where it can be seen and enjoyed. If you are interested in trying your hand at collecting pieces that may increase in value, here are some tips for selecting contemporary fine art East Coast dealers offer.

Most experts say that if you are collecting pieces at prices under about five thousand dollars, you are probably purchasing items that will not increase much in value. In this category, the pieces are so numerous and wide ranging, it is almost impossible to tell which few might become valuable at some point in time. In this price range, you should purchase only what interests you and what will work with the interior design of your home.

There are ways you can increase your chances of finding good buys from talented artists however. Experts suggest you find out where a working artist studied and which of the masters mentored him or her. Prestigious art schools take artists in all stages of maturity and creativity, but they regularly graduate a number of students that show great promise.

When you are looking at works of art by a certain individual, you should consider consistency of style. Artists who have found their artistic voices and work to improve and hone a distinctive style are preferable to those who copy old masters and work in many different mediums. The subject matter may vary, but if you can recognize the style, you will be looking at someone who is maturing in their craft.

Recognition by peers and experts in the field, in the form of awards, prize money, and private showings, is a good sign of talent. Published interviews with knowledgeable writers that appear online and in print give an indication there is interest in an individual artist. These articles are in contrast to some written about individuals who produce works that are reprinted and mass marketed.

If you are serious about collecting potentially valuable work, you need to frequent the most reputable galleries and create some kind of relationship with the owner or dealer. This is where you are most likely to find interesting talent. You can visit new galleries, but it is preferable to limit those to the ones owned, managed, or guided by experienced and talented dealers.

It may sound obvious, but nothing succeeds like success, and you should look seriously at artists whose work is selling. It's not a sure sign the work will increase in value, but it does indicate that serious collectors believe it has value.

Your artwork collection can be anything you want it to be. That's what makes it fun. It is also more rewarding to own affordable originals than expensive commercial reprints.




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