“Every man is an artist,” said German avant-garde sculptor and performance artist Joseph Beuys.
It’s evident that a new generation has become enticed by the chances of finding new and potentially high-value artists.
Living with an art collection (of any size) can be a rewarding experience for many reasons, especially if you’re passionate about it. There are now online galleries and a growing presence of museums, galleries, fairs, and artists on Instagram. This also presents a problem: With so many different options of discovering new artists, where does one start?
Below is some helpful advice for young collectors:
Do your own research
When you have limited knowledge of the market, it’s easy to fall for things just because they’re trending, especially on social media. Learn about the art and artists online so that you can narrow your choices.
“I am addicted to the Internet, and I can spend hours surfing online, looking and often finding great additions to my collection,” says George Kravis, philanthropist and prominent art collector.
Some people suggest that beginner collectors should spend a year looking and not buying. Although this sounds a bit extreme, it’s highly recommended that you take time to develop your eye and interests.
Start off small
Smaller pieces cost less and are more manageable in your space. As you collect more small-scale art, you can easily alternate the pieces throughout your apartment, home, or office. Take your time to build a high quality, admirable collection, rather than rushing to buy as many pieces as you can.
Purchase editions if you’re on a small budget
Edition pieces are multiples created by an artist that allow collectors to purchase at lower prices. Like London’s Institute of Contemporary Arts, some museums offer work from artists they exhibit. On the other hand, many independent online shops offer new editions from new artists every week.
Attend local art events (or at least see them online)
Visit as many art galleries as you can. Gallery staff can be very helpful guides when it comes to your art education. Art galleries around the world are adapting to social pattern and demand changes by developing new programs and strategies to make these institutions more appealing to visitors. If possible, speak to artists, gallery owners, and museum curators. They’re eager to share their inspiration and expertise!