Despite the current recession, sales for fine art pieces are on the rise. Many art lovers are flocking to invest in beautiful pieces of artwork, from contemporary to modern. Many homeowners who are fans of fine art will stand behind the concept that if you decorate your walls with collectible home wall decor, then it will help raise the value of your home. Realtors also suggest that adorning the walls of a home with pieces of artwork will help the house sell more efficiently. Continue reading as we cover all of the basics for starting your own fine art collection.
Determine Your Budget
If you are on a budget, then it is best to determine how much you are able to invest at this time. For example, framed canvas art is more expensive than prints. If you do have a small budget, this does not mean that you cannot invest in several wonderful artwork pieces. Prints are just as beautiful and look wonderful. If the value is your main concern, keep in mind that prints are not as valuable as canvas. Research the artist you are interested in and determine if the print is a limited edition. Typically, the smaller the run size means that the print will be worth more money because it is not as common. You can determine the run size by checking to see what the print number is on the artwork.
Preference Over Value
As with any investment, the value is always bound to go up or down. Either way, it is important that you are happy with your decor pieces since it will be within your line of vision every day. Even the most expensive piece of artwork is not always the most favored by collectors. Does this mean you should buy cheap artwork? Not necessarily. The main point is that you should not always focus on the value of the fine art and how much you will be investing. Keep your tastes and preferences in mind as well.
The most important part of buying any type of artwork pieces is research. Knowing exactly what to look for when examining piece of artwork will help ensure that you are receiving an original or a high quality piece. For example, if an artist has reproduced a painting, they will sign their name with the original artist’s name as well. If you are thinking about purchasing contemporary artwork or new artists, then you should still perform your research. The more you know about the artist, the better your judgment will be.
Where to Buy
There are numerous options for buying fine art pieces. You can venture to places in person and examine artwork pieces for buying. Art galleries are a great option for this. The research that you have completed will help you in this situation. Many art galleries can spot an amateur buyer and will try to persuade them to pay more than they originally planned. Keep all of the details that you have learned about the artist in mind and you should be fine. The same goes for auction houses. Usually, the more famous the auctioneer, the more authentic the artwork.
While internet auction sites such as eBay do carry risks, there are many online venues where you can successfully purchase fine art pieces. In many cases, you can find more affordable options online, because the website owners are not adding in the cost for rent of an art gallery, etc. Be sure that the online seller you are dealing with is reputable and has a wide array of fine art.