An attitude that you need to have some type of “creative insight” to buy does not make matters any easier. The issue of excessive reverence or devotion to the judgement of the art critic is another issue. Of course, this does not imply that critics’ opinions lack merit; a well-placed view has the power to influence the market.
There are several price points at which you can buy, and you should never forget that all art is subjective—including the critic’s judgement. Do you genuinely enjoy the kind of black and white art from Famous Artists you’re thinking about? Is it affordable for you? Would you rather have modern or maybe abstract art?
Asking yourself “why are you buying” is a good place to start.
If you enjoy it, you are off to a good start although it might be challenging to choose between the various performers, styles, and formats. Whether you are buying just for decoration or are wanting to invest are two important factors to take into account.
Let’s start with the first one, which is decorative. That sounds insulting and indicates that art is somehow less valuable. That is not how it is intended. You are only asked to be sincere about your motivations for purchasing the item.
Here, you are purchasing because it is a crucial component of your interior design strategy rather than because it will add value to your house insurance policy.
Also, there are numerous paintings and well-known international artists who might be categorically categorised under this heading. The environment in which you plan to present the artwork must be taken into account. Considerations to be made include the furniture, colour design, and wall space. What kind of environment do you want to create—traditional or modern? Being complimentary—a traditional oil with traditional design values—is always the simplest course of action. The lines of minimalist furniture would look good next to a massive, powerful abstract.
Yet this doesn’t need to be the case at all times. Nothing, if chosen well, has more of an impression on space than a well-painted modern piece positioned in a historic setting. The main idea here is to plan the interior design and include purchasing art in the planning process. As much as purchasing the art to complement the environment, you may consider buying art from Canvas Direct.
It’s entirely different and not something to take lightly to invest in contemporary art. When entering this market, extreme caution must be exercised due to the abundance of declining values. To get a sense of the type of work and returns you are looking for, you could consult the expert teams inside the top art auction houses. The more information you can get before investing your money, the better, and keep in mind that there are no certainties because it can be a lengthy, slow burn.