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Do your research. Become informed
by utilizing museums, galleries, auction houses, other
collectors, art books & periodicals. What is the
state of the current art scene? Allow yourself to form
opinions. The bottom line must be what turns you on.
Do you enjoy subjective or abstract art? Is there an
historical period that appeals to you or are you interested
in what is being done today (contemporary)? Will your
collection focus on a particular region, medium or subject?
Do you prefer a certain genre, i.e. impressionism, expressionism,
realism. Many people prefer an eclectic collection,
whereas others prefer to specialize in one type of art.
Be careful to avoid fashion trends.
What to look for in a work of art.
There are many ways to appreciate and determine quality
fine art. Depending on the art work in question some
criteria are more important than others. What is the
aesthetic and historical relevance? Aspects such as
composition, color, surface, mannerliness, expressiveness
are very important in an abstract piece whereas narrative,
subject, paint quality, light on form and draftsmanship
might be more important in realism. Become acquainted
with the jargon of art. Understand the difference and
function of "decorative art" vs. "fine
art." Be concerned about archival quality
will it stand up over time? Learn to recognize quality
in all it's aspects.
Value vs. Cost The value of a work
of art is not necessarily the same as it's cost. As
with any purchase the art consumer is looking for the
value to be greater than the cost. Prices in art have
come down considerably from the 80's. Art collectors
are more savvy today, not as subject to hype and the
empty promises of huge investment turn arounds. Even
though art collecting is still one of the best long
term investments around it is unrealistic to buy art
for the sole purpose of making a financial killing.
The bottom line is this: is the personal satisfaction
and value you will derive from owning the work of art
worth the cost?
What makes for a good art investment?
In contemporary art, prices are determined by the quality
of art, the stature of the artist (gallery/museum shows,
notoriety, collections, provenance of works, etc) and
the fair market value of his/her work. Emerging artists
are a good long term investment if their work is of
consistently high quality and if the artist has proven
he/she is on a solid career track. Watch out for dubious
Lt. ed. prints or starving artist fare, dressed up to
look like art.
Try it out first! There are a few
full-service galleries (like the Maniscalco Gallery)
who will come to your home or office, and consult with
you about your collection as it relates to your environment,
even hanging works of art that interest you for a 2-3
week trial.
Lease it! More and more businesses
are finding leasing to be an ideal option for building
a great art collection. Leases are tax deductible, allow
for flexibility and, best of all, they are easy on the
cash flow. Ask about leasing or rent-to-own programs
at the Maniscalco Gallery.
Guaranteed Value Statement The
Maniscalco Gallery is pioneering a new concept in collecting
art. As a way of standing behind our artists and protecting
and enhancing the value of their work to our collectors
we are now guaranteeing the value of each work of art
sold at the Maniscalco Gallery: within one year of purchasing
a work of art at the Maniscalco Gallery you may trade
up, applying the cost you paid toward the acquisition
of another work of art that is at least twice the price
of the original work of art you purchased.
Now it is possible to upgrade your collection
at a later date without risking the devaluation of your
current collection!
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