How to Buy Art… or rather, how to train your eye to buy art. Because the fact of the matter is art can be very pricey. And for some of us nowadays, purchasing art is a luxury that isn’t affordable. But despite this, it still is a worthy endeavour. Why? Because it helps support artists, builds relationships and can improve our quality of life.
With that being said, here’s a few tips to help you when thinking about purchasing art:
1. Educate yourself.
Take the time to look at a diverse work of art. Get out there and visit artist run centres, galleries, museums etc. Because art is an investment, you want to make sure you take the time to learn about the types of work and artists that interest you.
2. Be patient.
Do not feel the need to buy a piece right away. The biggest mistake you can make is to make a compulsive purchase. Take the time to see what else is out there. And if you really love a piece, take the time to think it through. Or if you don’t see anything you like, wait until the right one comes around.
3. Develop relationships with galleries & artists.
Go to exhibit openings. Talk to the people who run the galleries. Often this can lead to getting the heads up on a new piece that might interest you or even an arrangement to pay for a piece in installments, making this much more affordable than paying a lump sum.
4. Invest in a few pieces that you really love instead of buying a bunch of pieces.
This is related to tips 1 and 2. Why not set a yearly budget for purchasing art? Or even plan to buy just 1 or 2 pieces a year?
5. Join a group.
There’s nothing like exploring new work and being able to talk about it with a group of like minded people. Almost every museum in the city has a members group you can join and they often have special events or outings for their members. I particularly enjoy the Moccamigos, a membership group created by the Museum of Canadian Contemporary Art specifically targeted to a younger audience.
This weekend offers a fantastic opportunity to put some of these tips to practice and check out some new art at the Artist Project running this weekend at the Better Living Centre.
For more info: theartistprojecttoronto.com
Image 1 by Sophie Hogan – “Night Hobby”
Image 2 by Brent Orr – “Stay Down”
Special thanks to Julia Ouellette and Fela Grunwald for their assistance with this article.
Posted by Tahnee Pantig