Building an art collection is more than just acquiring pieces; it's about cultivating your own expert judgment. Here are five keys to help you develop that expertise and curate a collection that reflects your unique taste and vision:
1. Artistic Sense of Smell: Cultivate your intuition when viewing artwork. Develop a keen sense of what resonates with you and the potential of a piece to evoke emotion and intrigue.
2. Terrain (market) research: Dive into the art market to identify patterns and trends. Picasso's advice to learn the rules like a professional before breaking them like an artist applies here. Understanding market movements can help you make informed decisions about acquisitions.
3. Dissecting value: Break down the value of art by analyzing different aspects, such as the artist's background, the context of their work within art movements, and the market demand. Expert collectors take lessons from these analyses to inform their decisions.
4. View of the forest: Don't get lost in the details; maintain a broad perspective to see the potential of an artist's work. Look beyond individual pieces to gauge an artist's overall trajectory and potential for growth.
5. Sense of Danger (most important): Assess the risks associated with acquiring art. Consider factors like the artist's demand, market trends, and the potential for long-term value. This step is crucial in making informed decisions and minimizing potential losses.
If you want to learn more on this subject, we invite you to contact us - you may be interested only if you:
Start a new private art collection with sophisticated artistic criteria.
Make an artistic acquisition to decorate a space with the certainty that it is a good choice of value.
Decorate a space at the same time as making a long term investment in property.
Approach it as an alternative investment with an expected return in the medium or short term.
If you want to learn more about collecting art, we're here to help. Whether you're starting a collection, decorating your space, or looking for an investment, we can guide you through the process. Contact us today to get started!
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