11 Tips for Building a Great Art Collection
With Art Basel just a few weeks away, many people are excited about the artistic discoveries that they will encounter during the art fair. There is a misconception that you have to be wealthy in order to collect great art and that is not always the case. I’m a firm believer that anyone can become a patron of the arts regardless of budget or monetary constraints. It just takes a little research and hard work, but you can fine some amazing art that will be a get addition to your life.
Here are some great recommendations that I stumbled upon while reading Forbes magazine that can help anyone build an amazing art collection that they can love and appreciate regardless of their budget. Check it out. -YG (@youngglobal)
- Love the art that you are buying, because the market is fickle.
- Educate yourself through constantly looking at art and reading about art.
- Familiarize yourself with the market.
- Look in the right places.
- Become a patron…..
- Consider joining an International Committee.
- Seeking out Independent non-profits. Independent non-profit spaces often have opportunities to support artist’s projects or exhibition
- Look at art graduate school exhibitions.
- Develop a relationship with an independent art advisor.
- Build a library.
- Get advice from other collectors you admire.
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