Art & Auction
This issue of Art Mag addresses one of the most exciting topics for collectors: the power of auctions. Discover tips for buying at auctions. What are the most controversial auctions in recent years? Which auction houses are the most important today?
The Art Value Report analyzes the work of hyper realistic artist Carole Feuerman.
|BASIC GUIDE TO BUYING YOUR FIRST WORK OF ART AT AN AUCTION||18|
|THE ART OF MAKING MONEY: THE 5 MOST CONTROVERSIAL ART AUCTIONS OF RECENT TIMES||30|
|IS THE ART MARKET NECESSARY FOR ART TO EXIST?||36|
|10 PIECES TO MEET MEL BOCHNER||40|
|ART VALUE REPORT CAROLE FEUERMAN||53|
RESEARCH EVERYTHING ABOUT THE ARTIST
AND THE CHOSEN PIECE
Let’s say that a piece captivated you but you know nothing or almost nothing about the artist. Investigate. There are some basic questions you can ask yourself to determine if it is really worth the investment:
Who is the artist? Where she/he studied? Have she/he won scholarships or awards? Does she/he have mentions in important publications, catalogs and interviews? Which galleries represent her/him?
Where she/he has been exhibited? Have she/he had soloshow or group shows only? In which galleries and museums?
Which collectors have purchased a piece of her/his work?
Another important point to take into account is the moment in which the artist finds himself regarding his career. Young artists who are just beginning will be cheaper; artists of medium career or more established ones, more expensive. In the art world, the production period is very important, the longer the artist has been working, the more respected he will be and the more value his work will have, since his style is more defined, in addition to having achieved more exhibitions, awards and acquisitions in important collections, both private and public. For example, if an artists work it’s part of a museum collection, it’s a point in its favor.
CHECK THE POSSIBILITIES OF BUYING ONLINE
You don’t have to go to the auction house: most auction houses offer the possibility of following them and bidding online. To buy online, look closely at the certificates and reports on the condition of the pieces. Stay tuned for market trends as many of the worldwide eventualities, condition the market stability.
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