How to Start an Art Collection for Beginners

No matter what your age is, if you have always admired art and have wanted to have your own art collection to view, appreciate, and enhance your home, following are some suggestions as to how you can slowly begin this exciting and unique hobby/investment:

 

Research Before Buying

 

Have the fun of getting to know what type of art and which artists really appeal to you. You can do a lot of that online at your leisure, but it is even more enjoyable if you are able to go to art galleries, openings, exhibitions, and art fairs to get a major feel for what will really “turn you on.”

 

Find out about the artists, their various works, what their styles are, the galleries where they have been featured and shows they have been in, their previous sales, and as much information as you can put together.

 

A great many artists will also sell their art for extremely reasonable prices on their own websites or on Instagram because they don’t have to pay all the extra costs involved in commissions when represented by galleries. You can also save money by going to auctions during the off-season.

 

Making Purchases

 

Once you have looked at length, realize what your particular tastes are, and you suddenly see something that jumps out at you and is within your budget, go ahead and make the purchase. You will stretch your dollars if you consider an emerging artist that is new with his or her career but is being successful at making sales as compared to a popular and established artist.

 

Consider Prints or Multiples

 

If you just “have” to own a certain piece of art or photographs offered by a particular artist but just cannot afford an original, there are often prints available at a much lower price. For example, check out benefit auctions where the proceeds will go to a specific charity that you are happy to help sponsor.

 

What is Editioned Work?

 

That means that a set number of the prints or photographs has been designated, and once that number has been sold, no more can be purchased. In addition to your knowledge that you have something unique, there is a better chance of the piece increasing in value over time because of being a limited edition.

 

For Pleasure or as an Investment

 

Whichever way you decide to dedicate your art collection, the main idea is to have something delightful to look at and which will add to your decor. ENJOY!

 

What to Know about Robin Williams’ Art Collection Sale

The late comedian and Oscar-winning actor Robin Williams was known for his wild standup routines and a wide variety of movie and television performances.

 

Maybe that is why his collection of artwork bears a similar diverse portfolio of some extraordinary and eclectic pieces.

 

Sotheby’s New York is selling the art collection owned by Williams and his former wife Marsha on Thursday, October 4th. The sale is titled: “Creating a Stage: The Collection of Marsha and Robin Williams,” and now the public will have the chance to bid on these personal items. Williams was married to Marsha Garces Williams for 20 years, and the couple was avid collectors.

 

The Williams family has decided that proceeds from the auction will be divided among several of the late star’s favorite charities. Some of these organizations include the Christopher and Dana Reeve Foundation, Juilliard School, Wounded Warrior Project and Challenged Athletes Foundation.

 

The sale is expected to realize between $3.3 million to $4.7 million, according to Sotheby’s New York.

 

Robin Williams was revered for his unique sense of humor, and the range of objects from his interesting art collection that he shared with his then-wife Marsha reflects their vision. The works feature pricey sculptures, paintings, timepieces, sports and movie memorabilia, a selection of bicycles and design.

 

For instance, the first edition of Samuel Beckett’s Waiting for Godot (est. $1,500–2,500) is up for auction. Williams starred with Steve Martin in the 1988 production at Lincoln Center.

 

A Gryffindor robe worn by actor Daniel Radcliffe in “Harry Potter and the Sorcerer’s Stone” is also up for grabs (est. $10,000-$15,000).

 

Robin Williams’s Golden Globe award for his winning role in “Good Morning Vietnam” will also be up on the auction block for bidding (est. $15,000–20,000).

 

A colorful and striking contemporary sculpture titled ” Le poète et sa muse” by artist Niki de Saint-Phalle is also part of the art collection sale (est. $350-450,000).

 

Even the actor’s famous Hollywood Walk of Fame star plaque (1990) can be bid on by the public (est. $3,000-5,000). It was presented to Williams by the Hollywood Chamber of Commerce on the day of the placement of his star.

 

Robin Williams was 63 when he committed suicide in 2014. It was reported that he was suffering from depression.

 

Everything You Should Know About the Rockefeller Art Collection

Staying true to the Rockefeller legacy, David Rockefeller is still breaking records even after his death last year. The last surviving grandson of America’s first billionaire John D. Rockefeller, David Rockefeller’s private art collection recently became the most valuable single-owner private sale in American history, with more than 1,500 pieces being auctioned off in a four-day period. The impressive collection included works by Henri Matisse, Claude Monet, Georgia O’Keeffe and Pablo Picasso.


Though now considered one of the greatest art collectors of the 20th century, Rockefeller had no interest in art collection until Marga Barr, wife of the Museum of Modern Art’s first director, visited his home in 1948 and 
insulted the art he had on the walls. After that, Rockefeller and his wife Peggy decided to increase the quality of art they displayed in their home. Barr and her husband helped educate the Rockefellers about late 19th-century and early 20th-century artwork and offered them guidance as they started to acquired Impressionist and modern pieces.

 

The massive collection contains more than just paintings; the Rockefellers also collected furniture and porcelain, including a 256-piece Sèvres dessert service set that Napoleon brought with him after being exiled to Elba. The set sold for $1.8 million, setting a record for highest price paid for 19th-century porcelain.

As a child, Rockefeller’s father expected he give one-third of his allowance to charity. The importance of giving back to others was a lesson stayed with him until his death; all of the money raised at the auction will go to various nonprofit organizations close to Rockefeller’s heart, including the Museum of Modern Art, Harvard University, Rockefeller University and the Maine Coast Heritage Trust.


After the four-day auction concluded,
22 world records were broken and all pieces were sold for a total of $832 million. On the first night alone, over $646 million was made in sales. A “Rose Period” piece of Picasso’s, Fillette a la corbeille fleurie, sold for $115 million, the highest ever paid for a painting from that period of his work. This piece was previously owned by Gertrude Stein and was obtained by Rockefeller after the death of her partner Alice B. Toklas. A piece from Monet’s water lilies collection, Nympheas en fleur, sold for $84.7 million, the highest ever paid for one of his works. And, a Henri Matisse painting, Odalisque couchée aux magnolias, sold for $80 million, also a record-high for one of his pieces.

Build an Impressive Art Collection with Pennies

Being a connoisseur of fine art has nothing to do with how much money you have. Money doesn’t create good taste. If you have always been attracted to paintings, sculptures and other original pieces of art, seize this moment and start fulfilling your dream of starting your own art collection.

 

Avoid Looking at the Price Tag

 

An oil painting may sport a $1000 price tag, but pay little attention. Instead, study the piece for that one quality that has caught your eye. Look beyond the subject matter and focus on blend of colors, texture and depth. Something is triggering that euphoria in your brain. By identifying a specific feature, little-known and cheaper artists can bring the same reaction.

 

Visit Online Curators

 

There are many online artists that will feature their work on curator sites. Some use a rotating system of new artists while others have scanned and selected those artists that show promise in the art community.

 

Mingle at Art Galleries

 

There is often an interesting story behind a popular artist that drives up the price of a painting. This, and other tidbits of information, can help to expand your knowledge of how an artist thinks and works. Strike up a conversation with someone that shares the same aspects of a painting as you do. They can lead you to other shows, auctions and unknown artists. Also have favorite galleries place you on their mailing list for upcoming shows and possible discounts.

 

Be Obsessed to a Point

 

Having a passion for fine art can bring you many hours of satisfaction. However, set your boundaries and do not exceed. There is no fast money in turning art and should never be looked at in this light. Art is in the eye of the beholder and if you are not going to treasure its display in your home, you have missed the point. On the other hand, do not become so obsessed with a particular artist that your budget is continually in the red. Fine art can become an addiction so be careful with your new love.

 

Take it slow and easy when building your art collection. There are little rules and regulations in the fine art industry. Be leery of individuals that try and pressure you into a sale. There are sharks everywhere.

 

Celebrities With Impressive Art Collections

Celebrities have the financial means to spend their money on a number of expensive hobbies- a popular choice as of late is collecting art by world-renowned artists. Listed here are celebrities with the most impressive art collections.

1. George Lucas
George Lucas is a filmmaker who loves to collect pieces of American Illustration. Amongst his collection are pieces by Norman Rockwell. In fact, George Lucas and Steven Spielberg lent a portion of their collections to the Smithsonian for an exhibit.

2. Val Kilmer
Val Kilmer is a famous actor who happens to be a collector of Contemporary Sculpture featuring artists such as Roxy Paine. Rumor has it that he is working toward building a sculpture park on the large property he owns in New Mexico.

3. Jane Holzer
Jane Holzer is an avid art collector, movie producer, and Warhol Superstar of the past. She collects Contemporary art from a variety of artists including Andy Warhol, Fischli and Weiss, Andreas Hofer, Jean Michele Basquiat, Jonathan Seliger, Christopher Wool, and many, many more. She has real estate in Palm Springs and from there is mostly a full-time art collector.

4. Brad Pitt
Brad Pitt is an actor and art collector of contemporary art and modern and contemporary design. His collection includes work by artists such as Banksy, Yayoi Kusama, Neo Rauch, and Marcel Dzama.

5. Maddona
In 2009, Maddona’s art collection was valued at a whopping $160 million! The singer/actress collects artwork in the realm of contemporary and modern (with an emphasis on powerful female artists). Among them the famous Frida Kahlo, Tamara de Lempicka, Fernand Leger, Pablo Picasso, Damien Hirst, Man Ray. She enjoys art depicting often controversial and thought-provoking scenes.

6. Neil Patrick Harris
Actor Neil Patrick Harris is a collector of contemporary and Americana artworks by artists such as Andrew Sendor, Tony Payne, and Darina Karpov. Several times, Neil Patrick Harris has opened his home to show his collection as an effort to raise money for the Museum of Contemporary Art in Los Angeles- and has proven to be successful in doing so.

7. Steve Martin
Steve Martin is an actor/comedian who has become more outspoken over the years becoming an advocate of the arts. He collects pieces of modern masters including Pablo Picasso and Georgia O’Keefe.