09/06/2011

The Art of Collecting.

Why passion is everything.




A guide to acquiring art according to Christie's.

Christies-img Like a house or your kid's college education, art is an investment. And, according to Cathy Elkies, Director of Iconic Collections at Christie's, it's important to do your homework.

First-time buyers can start online, researching art sites to get a sense of an artist’s value on the market. Once you’ve made it to a gallery, museum or auction house, ask questions; people who work there are a wealth of knowledge. Elkies also suggests attending an auction before you’re ready to purchase to get a sense of how things work.

It’s also important to understand, says Elkies, that art can cross categories, from rare photographs of the Beatles, which were exhibited this past June at the JW Marriott Grosvenor House in London, to guitar heroes’ instruments. And, within an artist category, things can range from expensive sculptures to more affordable prints and drawings. So, even if your desired piece is out of reach, there are still ways to obtain works that you love, which is perhaps the most important thing to remember when purchasing art.

What was the first piece of art you purchased?

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