Blog entry by Kevin Davidkin
It is also that purchasing work from living artists directly supports the arts ecosystem, which is a goodwill benefit to building.
Your art collection.
Do: Set your budget beforehand
It's recommended that you set your budget before beginning your artwork search.
Shipping can cost thousands of dollars depending on the scope of the job. Some
artworks, like outdoor sculptures, may require regular maintenance, and it's advisable to get a sense of the costs associated with an artwork may carry.
After you've established the price range you want to stick to and your budget, start looking into the market. There are many online art marketplaces.
with published prices with published prices to give you an idea of what types of pieces you can pay for. Artwork Archive's Discovery Platform, Artsy, Artspace is accessible for browsing.
1stDibs and Platform are only a couple of examples.
Don't ask for an unwelcome discount or take out the gallery
You are allowed to negotiate prices to the extent of a certain point.
Major museums and collectors are entitled to 20% off. Excessive haggling could reflect badly on your character and result in an "do."
not-sell" list of your strategies if they are too aggressive or simple rude.
It is not a good option to bypass a gallery or buy directly from the artists they represent. It puts the artist in a difficult circumstance.
Your professional relationship may be in danger. This could also affect your capacity and credibility to buy work from dealers.
The future.
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Do: Request a condition report
It doesn’t matter whether you purchase directly from an artist or an auction house gallery it is common to request an assurance of condition for any artwork you are considering.
This is particularly true for historical works on the so-called secondary market.
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While there is no universal model for reports on condition however, there are some common standards. Many condition reports will include an illustration of
The artwork must be noted for any scratches, marks or tears. Here's a sample report on the condition of Georgia O'Keeffe.
Depending upon the value of the item, it might be beneficial to hire an impartial third party to conduct the condition report.
Service will be provided at your expense.
Art collectors who have an Artwork Archive Premium Collector plan can digitally store condition reports for their pieces using the "additional documents"
feature.
Do not assume that the artist is the one who has signed the artwork.
Some artists won't sign pieces. This is something collectors may not realize. Signed works could be a problem, particularly in the near future.
If the product is sold again, you must confirm that the work has been signed prior to purchasing.
If the work isn't signed by the artist, it's best to request an official Certificate of Authenticity (COA), signed and signed by the artist.
The sticker has been signed by artist and is affixed to the reverse of the item. These will not include the cost of the piece but should list its title and the year it was created.
was made, its media, and dimensions.
Certain estates of artists have stopped offering COAs, but so long as the artist still living, any reputable gallery will be able to offer a COA at the time of
sale.