While most people consider the idea of owning a private art collection as something restricted to only the rich and famous individuals, it is also possible for someone with a modest budget to start his or her own private art collection. For those who live in Miami and intend to start their own private art collection, this article is a step-by-step guide to help them achieve their endeavors. See the tips below on how to become a private art collector in Miami.
Tips for Becoming a Private Art Collector
The prospects of becoming an art collector can be overwhelming. However, there are tips that can increase buyer confidence and help an individual build an art collection without having to break the bank.
Choose Only Art That You Love
The new art collection will be a feature of the owner’s business. For this reason, the individual has to choose something that appeals to his or her taste or preference.
Try to Learn Everything There is to Know about the Market
As the individual develops his or her art buying skills, they will be able to learn more about art collection and the historical significance of some particular pieces. They should use the opportunity to learn about the different themes and styles available by visiting art exhibitions or fairs.
Try to Stay More Engaged in a Social Network
The art collection world is both compelling and complicated. There is a vast social network of art collectors, galleries, artists and institutions. The individual’s prestige and buying influence will be greatly affected by the relationships he or she establishes with other collectors in the social network. The social networks also provide excellent educational tools and exposes new members to young artists, who in turn might develop into producers of recognized collection pieces in the future.
Build a Strong Relationship with a Gallery
The prospects of finding original artwork or painting with listed and renowned artists for excellent pieces dramatically increases when dealing with renowned galleries. Smaller art galleries may provide many low-cost opportunities (and are a place to find artwork by emerging artists). Associate with an art gallery that provides collectors with a broad collection of signed original artwork.
Establish a Library
Reading books on artists and art provides a fantastic resource to art collectors. Some editions of these books are considered art themselves. There are also some contemporary books that contain curated lists and great information that will be of help to a novice or even an experienced art collector.
Get Advice from Successful Collectors
It is wise for those who want to start their own private art collection to seek advice from some established art collectors (particularly the ones they admire) as this can help to build their collection. These experienced and established art collectors may provide insight on new artists, editions and groups.
To become a successful private art collector you do not have to spend millions. Take Bill Clarke for example who never spent over $2,500 collecting art. He is proof that you do not have to be super rich to be a successful collector. You can successfully collect art with a limited budget. Some other successful art collectors to draw inspiration from include, Maxwell Graham, Emma Hall, George Lindemann Jr., and John Andrew MacMahon just to name a few.
What makes these individuals great collectors is their ability to separate specific art works from the numerous pieces in existence and then assemble them in a way that increases our understanding of the art particularly its history and evolution.