How to Invest In Art When You Really Haven't Got a Clue
If there’s on décor item that brings defining character and a strong statement to any home, it’s a piece of art. But, for those of us who have recently graduated into adulthood and are looking to make wise purchases, it can be hard to navigate the art-buying world and decipher where to begin. While most of us already have an appreciation for beautiful artwork sitting pretty in our living space, making the decision on what type of piece to invest in, or how much to spend, can be tricky.
Minimal or bold? Acrylic or digital? These are just some of the questions we asked ourselves, which is why we reached out to artist, Ryan Stainer, founder of The Other Art Fair (which is heading to Sydney later this month), to give us some basics of the key factors to consider before we buy.
Keep scrolling to learn more about buying your first major piece of art.
define your taste
Stainer suggests that the best place to start when deciding on which artwork to invest in is defining your taste, and that includes not worrying what others will say. "You should first remind yourself that the most important thing is to buy what you like," he says. "You have to live with it and if you love it no matter what anyone else thinks or says, it will make you happy. In terms of where to start, events like The Other Art Fair make it a fun, accessible, aspirational place to start buying art. Plus, you get to enjoy a beer whilst enjoying some of the immersive installations."
DO YOUR RESEARCH
Art has more to do with what you like, but for eternal appreciation, Stainer suggests doing your research and finding out how the artist creates the work. "Look where an artist has studied, get an understanding of their practice, and make sure they take their work seriously," he says. "If you can connect with their ideas then you’re onto a good thing."
EXPLORE YOUR LOCAL SCENE
To fully understand what's out there, Stainer recommends getting out and around your local art scene and immersing yourself in the culture. "For art enthusiasts, I recommend visiting artist studio openings," he suggests. "It’s a great way to see the artist at work and buy directly from them."
To see and shop more of the art that will be exhibiting click here.