Busting Myths about Collecting Art

The pursuit of collecting fine art is rife with myths.  Decades of heist films and newspaper headlines have constructed a version of the art world that is stranger than fiction.  In reality things are different.  Collecting art has evolved into a practise shared by people from different backgrounds, means and tastes.  Below, we will sort through some myths - busting those that don’t stand up.
Alan Delon 'I Spent How Much?' - pigment print on paper

You Need a Formal Art Education to Collect Art

How we appreciate a work of art is subjective.  As a visual medium, art opens itself to the viewer - it’s value comes not only from academia, but also from human experience.  In this way, a formal art education is peripheral to collecting art.  Just as we can appreciate a Ferrari without being an engineer, art can be enjoyed without a background in art history.  

It’s Probably a Fake and It’ll Probably Get Stolen

Fine art pops up in the mainstream media on three occasions - when a painting sells for a lot, is stolen or faked.  In reality, these events are rare.  Yet like all facets of life, collecting art carries some risk.  That being said, there are some precautions you can take to guard against being duped.  In terms of forgery, research the dealer or gallery to ensure they are reputable.  At Angela Tandori Fine Art, we pair all purchases with a history of provenance.  In terms of theft, your best bet is fine art insurance and an adequate home security system.  

Art Collecting is Only for the Very Wealthy

The art market is a vast place.  At one extreme you have Picasso who sells for hundreds of millions, while at the other you have pictures in two dollars stores.  In the middle is an exciting and diverse pool of artists.  Building a worthwhile collection is less about spending and more about cultivating your unique passion for art.  

Only Collect from Artists You’ve Heard Of

The artists we most commonly hear about are often the most expensive.  Unable to access Van Gogh or Damien Hirst, people can be turned off by collecting art.  Yet, uncovering emerging or little known artists is a thrill in and of itself.  Championing these artists can end up enhancing a collector’s experience.