Investor Insight
Basic tips to help the new collector
We provide some basic tips that certainly would help the new collector if he or she is new to buying art:
At the outset, it must be made clear that buying art for sheer love of it always scores over buying it for pure investment purpose because the former involves a life long pleasure that you hold with you. Of course, it can be equally rewarding in financial terms provided you hold it for long term.
Trust not only your eye but also your heart. Only buy a piece of art if ou really like it, and not because you believe that it will make you a fortune.
Do not hesitate to ask additional information about the artist’s background, style, technique and track record. Ask for the artist’s CV, to see at what stage in the development cycle the respective artist is, at a given point of time.
Check the works done by the artist done over a period of time to see whether the artist is consistent in output. It is a positive sign if you like the artist’s whole body of work. Seek expert inputs at this stage.
If a painting you like is beyond your budget, check about other works within your budget by the same artist. Find out if the gallery is willing to offer installments facility.
PEM’s rich Indian art collection
- Successful Saffronart Spring Online Art Auction
- Auction house Sotheby’s posts strong results
- A modern maser rewinds the clock
- More updates on Art Expo India
- Get ready for Art Expo India 2009
‘The medium is just a vehicle…’
- Tushar Sethi speaks on Indian art markets
- Vickram Sethi on present and future of Indian art
- An art expert’s view on a right to re-sale royalty
- Jatin Das on his art and more
- Om Soorya speaks on urban—rural schism
Leave a Reply