Starting an art collection can be an exciting and rewarding journey. Whether you’re drawn to the aesthetics, the investment potential, or simply the desire to surround yourself with beauty, art collecting allows you to connect with artists and their work on a deeper level. But how do you start your collection, and more importantly, how do you build it in a way that is both financially responsible and rewarding? The key lies in understanding the value of purchasing works from mid-career artists who have established themselves in the art world but are still accessible at an affordable price. Here’s how to begin.
1. Find Artists Whose Work You Love
The most important rule in starting an art collection is to choose pieces that resonate with you. While investment and future appreciation in value can be part of the equation, collecting art should always start with a personal connection to the work. Don’t just buy pieces because they are trending or have been recommended to you by others. Look for artists whose paintings, sculptures, or other works evoke emotions in you. Whether it’s a bold abstraction, a classic portrait, or a tranquil landscape, the pieces you choose should reflect your personality and taste.
Why it’s important: Your collection will be an expression of you. If you truly love a work of art, it will hold more value to you over time, regardless of its market price. Moreover, an art collection that speaks to your heart will become a treasured part of your environment and offer you lasting enjoyment.
2. Consider Mid-Career Artists for Affordable Works
While emerging artists are often exciting to follow, and established names may provide an attractive investment opportunity, mid-career artists strike a balance between affordability and credibility. These artists have honed their craft, established a reputation, and likely have a track record of exhibitions, gallery representation, or a growing collector base. They are not yet priced out of the reach of newcomers but are on the cusp of broader recognition.
Why it’s important: Mid-career artists are often at a critical stage in their career where their work is solidified, and their value is still rising. Buying their pieces before they hit their peak can allow you to acquire a work from an artist whose value may appreciate over time. They’re also typically more accessible in terms of pricing compared to fully established artists whose works may come with a hefty price tag.
3. Do Your Research: Look Beyond the Surface
While it’s essential to find work you love, it’s equally important to understand the artist’s career trajectory and background. Are they exhibiting regularly? Have they been featured in respected galleries or institutions? Do they have a track record of sales and critical acclaim? While passion should drive your purchasing decisions, it’s also wise to invest time in learning about the artist's history, future prospects, and reputation.
Why it’s important: Art collecting is not just about the aesthetic; it’s also about understanding the context of the work. Established, mid-career artists will have an ongoing practice with a body of work that is cohesive and deliberate. Avoid purchasing work from hobbyists or those who are simply experimenting without a clear vision or long-term commitment to their craft. Such work might not only lose value but might also fail to mature in a way that is artistically rewarding.
4. Think About Longevity and Value
One of the realities of art collecting is the potential for future value. While it’s impossible to predict with certainty which artists will rise in the market, purchasing works from mid-career artists with established careers offers a better chance of finding art that appreciates over time. These artists have demonstrated their ability to evolve and succeed in the art world, making their work a more likely candidate for future recognition and financial gain.
Why it’s important: As your collection grows, you’ll want to have confidence that the works you’ve purchased won’t just be beautiful to live with but will also retain value, or even grow in worth. By supporting artists who are moving toward a larger audience but still maintain relatively affordable prices, you give yourself the opportunity to acquire works with the potential to increase in value.
5. Build Relationships with Galleries and Artists
When you begin to focus on mid-career artists, building relationships with galleries and curators can open doors to works you may not have access to otherwise. Many galleries represent a stable of artists at various stages in their careers, and the more you familiarize yourself with them, the better positioned you’ll be to get first dibs on exciting new pieces. By talking to the gallery owners, attending exhibitions, and staying connected with the artists, you can also gain insights into their current and upcoming works, which can help you make informed purchasing decisions. We would recommend following them on Instagram and also singing up for their newsletters. (Tip: many galleries offer a discount for young buyers if you just ask.)
Why it’s important: The art world can sometimes feel like an exclusive club, but developing relationships and staying engaged can help you get the most out of your collecting experience. Many collectors find that working with galleries and artists directly gives them insider knowledge and access to works before they become widely known.
6. Stay Open to the Journey
Art collecting is a long-term endeavor. There will always be new artists to discover and works that may speak to you in different ways as your tastes evolve. As you grow your collection, you’ll find that your own preferences change, and the value of certain pieces might increase or shift. Embrace this dynamic aspect of the process and understand that the joy of collecting lies as much in the experience and discovery as it does in the final result.
Why it’s important: If you approach collecting as a journey rather than an immediate goal, you’ll appreciate the process and the unique opportunities that arise along the way. Your collection will reflect the growth of your personal tastes and the evolution of the art world itself.
collecting Conclusion
Starting an art collection is an exciting and personal journey, and purchasing works from mid-career artists who have established themselves but are still accessible in terms of price is a smart way to begin. These artists offer a perfect balance between affordability, credibility, and potential future value. By following your passion for art, doing your research, and building connections in the art world, you can curate a collection that is both meaningful and financially savvy.
Remember, an art collection is not just an investment in objects but a commitment to supporting the artists you believe in. Whether it’s a reflection of your personal taste or an effort to foster creativity in your life, the act of collecting art is one that will enrich your life for years to come.
