When designing your new space ,
you want it to look both beautiful and unique.
One way of designing the
space's walls is to hang works of art. You can either buy originals or
reproductions depending on your budget. Selecting art for your space is not
an easy task. Here are a few pointers on selecting
art:
Art works make a statement about the
kind of person you are. So when you select art it should be because you love it
and not simply because it matches your sofa or carpet.
Art should be bought for its own value
and nothing else.
Buy art that you can enjoy for a long time. Buy something that you will not get bored with soon.
The artwork should create the mood of
the room and everything in the room should
compliment it, and not the other
way around.
Follow your instincts. You will
be attracted to artwork that seems to perfectly fit your home and to colors and
themes that interest you. If your house is decorated in a traditional fashion
then you will be attracted to traditional paintings. If it is decorated in a
contemporary style you will be attracted to contemporary paintings.
You may like textiles, sculpture, or unusual works in media not previously
known. By talking to the gallery owners and
designers, you can get help on how to better appreciate and select fine art
for your particular space or project.
The following is an interesting take on
art collection, taken from a monograph titled,
"The Art of Investing: A
Conversation with Roy Neuberger.
" When asked the question: "As a
renowned art collector, do you find similarities
between selecting stocks
and selecting works of art," Mr. Neuberger responded:
"Both are an art, although picking stocks is a minor art compared with painting, sculpture or literature. I started buying art in the 30s and in the 40s it was a daily, almost hourly occurrence. My inclination to buy the works of living artists comes from Van Gogh, who sold only one painting during his lifetime. He died in poverty, only then to become a legend and have his work sold for millions of dollars.
There are more variables to consider now in both buying art and picking stocks. In the modern stock markets, the heavy use of futures and options has changed the nature of the investment world. In past times, the stock market was much less complicated, as was the art world.
Artists rose and fell on their own merits without a lot of publicity and attention. As more and more dealers are involved with artists, the price of their work becomes inflated. So I almost always by works of unknown, relatively undiscovered artists, which, I suppose, is similar to value investing.
But the big difference in
my view of art and stocks is that I buy a stock to sell it and make money. I
never bought paintings or sculptures for investment in my life. The objective is
to enjoy their beauty."
-excerpted from Traditional Fine Art Online
In conclusion, buying fine art needn't be intimidating.
Know what you
enjoy (and will enjoy for the long run). Don't be afraid to ask for
help. Many would-be art collectors have been dissuaded from the joy
of owning art out of needless uncertainty.
Should you have any questions
of any kind, please don't hesitate to ask by contacting me.
I'd be more than happy to help you in
getting started on your
collection!
-Kay