Ready to upgrade your artwork from framed Monet posters but intimidated by what you see in galleries?
In The Intrepid Art Collector, Lisa Hunter shows you how to start a fine art collection without spending a fortune. This accessible, jargon-free resource contains up-to-date information on the most popular original art—everything from photography and posters to African art and animation—including where to find it and how to buy it at a fair price. Easy-to-use checklists help you evaluate original art and steer clear of clever fakes. In addition, Hunter has interviewed top dealers, curators, arts lawyers, and appraisers to bring you the best advice on:
• Advantages to buying real art instead of reproductions
• Determining if a piece of art is fairly priced
• Predicting if an artist’s work will go up in value
• Techniques for negotiating a price with a dealer
• Developing your artistic taste, so you’ll know if you’ll still love your purchase ten years down the road
• How to preserve art in your home
• Resources, websites, and magazines that will help you learn more about the market and where to find different types of art
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Arts journalist Lisa Hunter has been an editor and publicist for cultural organizations for the past 15 years. She was the associate managing editor of Natural History magazine, published by the American Museum of Natural History, and also edited several of the museum's exhibition catalogs. Most recently, as director of media relations for the New York Botanical Garden, she publicized all exhibitions in the garden's Rondina Gallery of Rare Books and Prints, as well as a loan exhibition of sculpture from the Museum of Modern Art.
Ms. Hunter has a degree in writing and fine arts from Columbia University and has written more than 100 articles on science and culture for such publications as Archaeology, Curator, and Natural History, as well as the book The Intrepid Art Collector: The Beginner's Guide to Finding, Buying, and Appreciating Art on a Budget. She has been shopping for art and antiques since her teens.
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Contemporary Art
Technically, “contemporary art” is recent work by living artists—or by their peers who died tragically young. Beyond that, though, contemporary art can mean just about anything: a shark suspended in formaldehyde, a photograph, a video, a ceramic bowl, a mound of elephant dung, or even a painting. That’s why collecting contemporary art is so exciting—because it offers a chance to discover something new and unexpected.
Unfortunately, it’s easy for new collectors to find contemporary art intimidating or merely baffling. When you’re looking at something completely new, how do you tell whether it’s good or not? Even more mysterious is how to tell which artists—out of the thousands now working—are the ones destined for museums and which are destined for yard sales.
Don’t worry if you feel lost at first. Everyone does. Plunge in by going to galleries, museums, and art shows. You may not feel ready to buy yet, but that’s okay. Most artists and dealers are very welcoming to people who are getting started. All you need is willingness to learn.
Learning About Contemporary Art
First, here’s how not to learn about contemporary art: When I was an art history student in New York, my friends and I would dutifully go downtown to contemporary galleries (a prerequisite, we thought, to becoming “intellectuals”). Our courses on Caravaggio hadn’t prepared us for anything we saw there. We had no idea which pieces were good and which were junk, but we were too mortified to admit it. Instead of asking questions, we’d walk around the galleries with a knowing air and murmur, “Very interesting.” This is a dumb—not to mention boring—way to go to galleries.
You wouldn’t expect to learn about any other topic without reading or asking questions. Why should contemporary art be any different?
You probably had a teacher once who told you that if you looked at a work of art long enough, you’d understand it. Not true. You could look at a pile of bricks in a gallery all day without realizing that it’s a witty refutation of another artist’s work, if you didn’t get the reference. Ask questions! Once you understand what the artist was thinking, that pile of bricks may actually be fascinating, amusing, even moving.
A hushed gallery isn’t always the most comfortable place to ask questions, especially when you’re not ready to buy. If you’re shy, ask to see press clippings or background materials. Many exhibitions include an “Artist’s Statement,” in which the artist attempts to describe what he or she was trying to do. (Artists hate writing these, but they’re very helpful to new collectors.) You could also read reviews of the exhibit before you go, to get a general sense of what you’re looking at.
Even better, start by going to art fairs, art shows, and open studio tours. These are more casual than galleries; they’re more amenable places to ask questions and strike up conversations. So are art school exhibitions. Students love to give their opinions about what’s good and bad in contemporary art.
Start with basic questions such as “Can you tell me about the artist?” or “Is this work part of a particular tradition?” Admit what you don’t know. As long as you don’t try to pretend you’re a buyer when you’re not, dealers and artists are usually gracious and willing to answer questions.
If you keep asking questions and engaging yourself in the work, you’ll find that contemporary art is endlessly interesting. There’s always something new.
Where to Find Contemporary Art
The Chelsea neighborhood of New York is the epicenter of contemporary art. A case of botulism at the local deli could knock out half the art world’s power brokers. London and other international capitals—as well as American cities such as Los Angeles, San Francisco, Chicago, and Miami—also have well-respected art galleries. But you don’t need to live in a major city to find contemporary art.
Many midsize cities have lively art scenes. Minneapolis, for example, has one of the most prestigious contemporary art museums in the country (the Walker Art Center), as well as a large creative community. So does Pittsburgh, Andy Warhol’s hometown.
Resorts like Aspen, Santa Fe, and Provincetown probably have more art galleries per capita than Paris.
In addition, university towns draw huge numbers of artists to study and teach. You can find innovative work all over the United States, in places as disparate as Bennington, Vermont; Oberlin, Ohio; and Athens, Georgia. If you’re lucky enough to live near a major art school—such as the Rhode Island School of Design (in Providence) or the Cranbrook Academy of Art (in Bloomfield Hills, Michigan)—don’t worry about saving up your frequent-flier miles to visit New York. The contemporary art world will come to you.
Even middle-of-nowhere places may have significant art- ist colonies. Marfa, Texas, for example, has been called “the most avant-garde art destination in the country.” (Second prize probably goes to the tiny Hudson Valley town of Beacon, New York, home of the Dia:Beacon museum.) Blue-chip sculptor Donald Judd created a massive, minimalist museum in Marfa thirty years ago, and artists have flocked there ever since—even though it’s three hours from the nearest airport.
Wherever you live, you should be able to immerse yourself in contemporary art. A magazine called Gallery Guide provides a good way to find out about what’s happening in your area. It’s published in several regional editions and lists most of the major gallery shows and museum exhibits near you. (See the Resources section for details.)
The Elite Galleries
New collectors are often afraid to go to high-end galleries. They worry that the staff will intimidate them or, worse, will try to sell them something wildly expensive. Neither is the case.
At the elite galleries, the dealer isn’t expecting a walk-in to be a customer. Most of the work on display was already sold through private negotiations before the exhibit opened. Some- times the art doesn’t even belong to the gallery. Top dealers frequently borrow art for exhibitions that will increase the gallery’s prestige in the art world. Going to these exhibitions is like going to a museum, only without the admission fee.
In New York, you can even attend the opening-night parties and meet the artists. Very few openings require invitations; most are free and open to the public. On Thursday and Friday evenings in Chelsea, you’ll see gangs of art students and collectors meandering from one gallery to another, sipping white wine in little plastic cups.
What you won’t see are price tags. Many dealers—even at more affordable galleries—think that listing prices next to the art detracts from the viewing experience. Instead, they type up a price list, which you can get from the receptionist. It spares you any embarrassment you might feel about asking for prices.
“Shopping up”—looking at art above your price range—is a great way to develop your taste and learn about the current art scene. If you find you really love an artist whose work is unaffordable, ask if the gallery has any limited-edition prints by the artist. Unbeknownst to many visitors, galleries have more art in the back room than...
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