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How To Select Art at An Art Auction
Like with other popular collecting fields, art collecting has specialized commercial dealers that trade various forms of art and related accessories.
Smart art collecting requires quite a bit of sleuthing. For anyone seriously considering collecting art, the pieces to acquire are those you can live with. Most art dealers aren’t dishonest, but the dishonest ones have a radar for those who want to be quickly parted from their money.
Nowadays, there are many art auction houses available online such as sotheby and ebay. However, before attempting to bid for a fine art auction, there are some points you need to be aware of, especially if you are a beginner to art auctions.
If you are new to fine art auctions, you might first decide what it is you'd like to collect. Is it abstract art, oil-based painting, impression art, water colors, caricatures, sculptures or something else?
You also might want to study up on the art category that you prefer to buy. For example, you are interested in abstract art, it would help you in your art auctions if you knew more about abstract art history and the various abstract art movements. The best way to start would be on the internet. Some sites provide comprehensive search tools for visitors to research on their favorite art category.
Another way is to browse the various art magazines, books, periodicals at a local bookstore, amazon or even the local public library. Visit a few fine art auction houses and get a feel for the type of art that captures your interest. Art Auction houses will usually provide detailed information on the art piece being offered at auction.
How Do I Know The Art Piece Is Authentic?
Let's say that you finally found an art piece you like. The next question you are probably asking is how do I know it's the 'real thing'? Since the value of an art piece is subjective depending on the person looking at it, it would be best if you can afford it to get a professional art appraiser to value the art piece.
For large fine art auction houses such as sotheby, you can be assured that the art piece is already appraised and is proven to be authentic. However, if you are looking for an art piece at smaller auction houses or online art auctions such as ebay, you do need to be extra careful. Particularly so for online art auctions where there are many fake art pieces being auctioned.
If you like a fine art being auctioned online, the best way if possible would be to communicate with the art seller before buying. Online art auctions usually keep a track record of the art seller’s sales history and can help you to determine whether the seller is a reputable person.
More Resources
Art Auctions News London Art Scene Feels a Chill - Wall Street Journal
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London Art Scene Feels a Chill Wall Street Journal Now, midway through London's summer art auctions, the same factors that once counted in London's favor seem stacked against it. Thanks to the recession, ...
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Online art auctions have taken hit from the economic downtown - The Canadian Press
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Online art auctions have taken hit from the economic downtown The Canadian Press M IAM I — Catherine McCormack-Skiba and her husband had to find new ways to sell the art work on the Web site they debuted at Art Basel Miami Beach late last ...
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Buy art at auctions that change locations - DesMoinesRegister.com
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Buy art at auctions that change locations DesMoinesRegister.com How about some East Asian furniture? Or a pair of animal sculptures by Madison County artist Karen ...
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Mixed results at London modern art auctions - antiquestradegazette.com
This is London |
Mixed results at London modern art auctions antiquestradegazette.com THE readjustment taking place at the top end of the contemporary and modern art market was once again in evidence at the latest flagship London auction ... Risk-Defying Sale of Contemporary Art at Christie'sNew York Times Doig, Richter Sell as Christie's London Auction Total Drops 78%Bloomberg Investors ponder what price to put on beautyWealth Bulletin New York Times all 13 news articles » |
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