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Buying Art - The Basics: Part I

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Art & Culture: So you have decided that it is time to buy a work of art. Now what? Your first step is to visit as many galleries as possible and explore the many different types of art one can acquire. Today, the Internet has made most galleries just a click away. Art galleries are often a great starting point because a good dealer will see thousands of works each year and has acquired only those they feel are the 'right ones' for their clients.

Once your journey into the art world has begun, having a focus will help you create a well-rounded collection. That 'focus' can be as broad as a theme/school --- Barbizon, Impressionist, Maritime, Sporting, Still Life, etcetera; or as narrow as a particular artist - Monet, Boudin, Corot, Bouguereau, Warhol, to name a few.

After narrowing down your focus and finding a gallery (or group of galleries) specializing in the period or style of art you enjoy, meet with the gallery owners and/or their staff. Dealers love to talk about their chosen specialty and can impart to you a great wealth of knowledge. Let the dealer discuss the different artists who painted in the period or style you have selected and don't be afraid to ask questions. Find out about the gallery's history: How long have they been in business? Have they always specialized in the artwork they are currently displaying? Are they considered 'experts' by their peers? Do they have a wide selection of works to show you? What is the general price range of the works? Remember that you are going to live with your purchases for a long time and you want make sure you are going to be happy with them and your dealer.

Within any school, style or period of art there will be artists that are initially out of your price / comfort range. However, as your collection grows you will find opportunities where you can trade works you own toward the purchase of a more "important" or expensive work. Collectors, working with specialized dealers, or even other collectors, will use a work they purchased years ago as part payment toward another, "more important," work.

The most important things to remember, as you begin your journey, are to buy works of art that you enjoy looking at (since you will likely own them for a long time) and build strong relationships with the dealers who specialize in the area of the art world you enjoy most.

Happy Hunting!

Howard L. Rehs
Rehs Galleries, Inc., New York City
JustLuxe Contributor
www.rehs.com
www.fada.com

Read the whole series
Buying Art the Basics Part 2
Buying Art the Basics Part 3
Buying Art the Basics Part 4
Buying Art the Basics Part 5
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Arts & Culture
POSTED ON: Friday Dec. 12th, 2008


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