Subscribe to the woman with drive newsletter

Planning a five-star vacation? Want in on the latest in fitness and style? Or perhaps you are looking for inspiration from women at the peak of their lives. Whatever you seek in the world of luxury, woman with drive will show you the way. So subscribe now and keep yourself up to speed!

CLOSE

Talent Scouting

Without the benefit of a crystal ball, how can you build a collection that by the time the kids have grown up (and you’re ten foot under), grants them a private jet and a personal island bigger than Australia?

Well before buying a painting for my collection, I ask these simple questions to guide me:

 

–  Is the artist of major national standing?

–  Is the artist in important institutions or galleries?

–  Does the artist have a solid track record?

–  Is the work within the normal realm that artists work?

–  Does the work fit well in my home spaces?

–  Is it in good condition and look perfect?

–  Should I get an independent valuation?

–  Is the gallery a member of the ACGA – to be sure my purchase is super smooth and safe in well-educated and professional hands?

 

But most importantly – Do I love it? Can I live with this painting forever?

 

Tips when buying:

–  Buy the best you can afford. It’s better to buy a key piece by an emerging artist than a poor quality example by an established artist

–  Buy a work that is a good example of an artist’s style. For instance, don’t buy a nude by an artist known for his still lifes

–  Buy from reputable galleries – I look out for ACGA – the gallery association as they have a code of ethics and are responsible galleries

 

There are a few warning signs that all art buyers should be aware of:

 Web sales – It’s easy to enhance an image and I personally like to look a work in the eye before I buy it to know that I can live with it and judge it

 Buying at auction – don’t let the auction carry your enthusiasm away

–  Holiday art/cruiser art /art when you have been drinking at the opening party  – best to wait in all these cases, the art if its good will be there when you come back sober!

–  Reliable galleries – go where representatives know their stuff and have done some of the leg work for you

–  Choose to buy from somewhere you feel comfortable – there are still some galleries that I won’t go to as they give me that “Pretty Woman“ feeling and no matter how much money I have, they won’t be helpful.

–  Never worry about the colours of your rooms, walls or curtains. If you love it, it will fit and work!

 

Art fairs are a great way to see what is around and get a feel for the marketplace. Here you can observe current trends and gain valuable research but there is no need to rush a purchase. Any good gallery will happily arrange for a studio visit, personal commission or pop you on the mailing list for when you can see a full show by that artist.

But, at the end of the day buy what you love  – if it appreciates, great, if not, at least you appreciate it.

 

Credit: Originally published in Australian Art Collector, photo by Janelle Low

 

If you enjoyed this article, there are plenty more on woman with drive, stay up to speed with our fortnightly newsletter.  Sign up here.

Share Article

You may also like