How to orient yourself in purchasing
To purchase a work of art it is essential to follow a few simple rules:
- Knowing the history of art ;
- Visit the most significant contemporary art museums and exhibitions;
- Visiting trendy galleries
- Read specialized magazines;
- Follow the auction catalogues proposed periodically carefully
While these are general guidelines, it's clear that before venturing into the art market, you need to carefully establish a budget and base your choices on it. The amount allocated to art should never exceed 20% of your assets, and it's not necessarily necessary to have huge sums of money; contrary to popular belief, you can make excellent purchases starting from €2,000-3,000. A very common mistake is to be drawn solely to the artist's name. Every purchase must take quality into account and be fully aware of the artist's creative journey, since each painter expressed their best talents in a relatively limited period of their life. If they were successful, they behaved like replicants, endlessly repeating the same work. It's also important to understand that the same artist has a virtually limitless range of prices. In short, to make a good purchase, you need to be familiar with prices, have specific knowledge of the artist you're interested in, and, above all, buy from reputable sources.
In summary, to make a good purchase you need to:
- Ensure the authenticity of the works ;
- Choose the artist based on your budget ;
- Know, at least in broad terms, the history of art ;
- Carefully analyze the artist's creative process ;
- Attend exhibitions, museums and specialized galleries ;
- Be careful with the subjects;
- Check auction prices carefully;
- Don't be fooled by the artist's high-sounding name ;
- Don't overlook artists who are considered minor or emerging young artists.