Buying Art? Use Good Judgement

August 29, 2014 in American Made,Art,art education,Art Gallery,Hunter-Wolff Gallery,Old Colorado City,Paintings | Comments (0)

moneyBuying art, like buying any major purchase, is not without its risks. How do you know the price paid is actually a true reflection of its worth? The better way to assess value is to consider how the art you are considering makes you feel on a deeper emotional or intellectual level. When a piece jogs a memory or evokes something pleasant, it becomes meaningful and the value can be measured by how it makes you feel. Aside from affordability, your choice should consider whether it will be a pleasure for you day in and day out.  If these considerations are made, you are likely to make the right choice regardless of the artist’s fame or price tag.

If purchasing outside a reputable gallery, there is a possibility that the artwork is not authentic or it could even be a stolen piece. Purchasing a stolen piece could turn a joyous occasion into the loss of a lot of money and the piece being reclaimed by authorities. There is an Art Loss Register service based in Amsterdam, Cologne, New York and Paris, where pieces can be checked. More than 200,000 works of stolen art reside in the ALR database.  This registry not only stores famous pieces but includes works of less celebrity. Of course, searching the database cannot guarantee that a piece is not stolen. Working through a reputable gallery or art broker could save a lot of headaches.  Reputable galleries, auction houses and brokers know the history of pieces before offering them for sale.  Always be sure to check with your local galleries and take some time to build a relationship with its owner and staff.  Like any other service provider for your home, it is beneficial to know who you are doing business with and to work with local small businesses. More information about buying art and regional artists can be learned from Hunter-Wolff Gallery at www.hunterwolffgallery.com or by calling 719-520-9494

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