Purchasing an artwork for your space can be exciting and daunting at the same time. There are many aspects to consider before your purchase an art work, be it the type, medium, size, price, etc. The make the matters worse, the many options wreck a havoc on your senses and sense of judgement.
Here are a few tips that will help you in the process.
Choose Wisely: The more information you have and more you trust your guts, the better your collection will be. Visiting galleries, museums, online art galleries will help you to familiarize yourself with different styles, periods and mediums of art. Online art galleries like Gallerist.in can really help you in the process of identify different types of artworks, mediums, etc. as they have different section for the same. Also, note that your tatse and understanding of fine arts keeps on evolving with time and experience. So, don’t be bogged down by a bad purchase. Fine art should never be a ‘maybe’ and should thrill you every single day.”
Set a Budget: Is not a rare phenomenon where one ends up spending more that he/she should have due to many factors. Setting a cap on budget not only helps you streamline and priorities your needs but also help you get the best deal in your budget. Also, keep a keen eye on the hidden costs like insurance, shipping, taxes, framing and installation as they might end up paying more that you had planned for. Be ready to stretch your budget if need be to get the right paintings for bedrooms.
Back your purchase with reasons: Question yourself, “Are you buying something that you love and you want purely because you think it’s great? Or are you buying something that you love but you secretly want to be an investment?” There are different types of purchases in the art world. If you’re buying it because you love it, it’s much easier. All you should do is figure out if you can afford it, and if the price is something that you think is worth the passion you have for it. If you’re buying with an eye toward investment and you want it to have long-term value in the future, it’s a little bit trickier. It’s very important for a first-time collector to know that there are various factors that affect the price of the work, for example, a work on canvas is generally more valuable than a work on paper by the same artist; or if it’s an edition versus a one-of-a-kind piece.
Keep a track on size: Messing up on size can end us messing with your décor! Take a look the dimension before purchase a painting for your bedroom and ensure it fits in your apartment or home. Many have ended up purchasing a painting they loved and then kept in in locker as there was a size mismatch. You must have a pretty good idea that you have the right wall space for an artwork before you buy it.
Keep a track on your purchase: There should be a clear, traceable path from artist to owner, and it should be documented: save emails, invoices, and receipts. If you eventually want to valuate or sell a work, it’s important to have this documentation.