What should I consider before buying?
Make sure that the work is something you love. Find space in your home to display the work – art isn’t meant to be kept in storage! Don’t spend your entire budget on a single artwork. Your tastes will change, and as you build up your collection, your preferences will become clearer, allowing you to create a unique collection that will reflect your personal tastes.
Collecting art can be very rewarding, but it won’t be if you are purely collecting with profit in mind. The art market fluctuates greatly, and predicting the future worth of a work is incredibly difficult. If you buy works that you love, you’ll enjoy having them around you in good times and in bad. It is a bonus if the artist becomes successful and the work increases in value. But ultimately, if you enjoy the work, you have already made a good investment in yourself and the artist.
Collecting art can be very rewarding, but it won’t be if you are purely collecting with profit in mind. The art market fluctuates greatly, and predicting the future worth of a work is incredibly difficult. If you buy works that you love, you’ll enjoy having them around you in good times and in bad. It is a bonus if the artist becomes successful and the work increases in value. But ultimately, if you enjoy the work, you have already made a good investment in yourself and the artist.
Updated on: 06/04/2020