How to Collect Art

Navigating the world of collecting art can be daunting, but this book provides a comprehensive guide with advice from leading art-market experts. It covers key principles, strategies, and insights for building and growing an art collection, including what art to invest in, where to start, and how to navigate the art world.

Format: Paperback / softback
Length: 232 pages
Publication date: 25 January 2024
Publisher: Phaidon Press Ltd

Navigating the world of collecting art can be a daunting task, especially for those just starting out in the art market. To help you navigate this complex landscape, we have the expertise of Magnus Resch, the world's leading art market economist. In his book, "Navigating the Art Market: A Comprehensive Guide for Collectors," Resch shares his insights and secrets on how to build and grow an art collection.

What Art Should You Invest In?

One of the most crucial questions for collectors is "What art should I invest in?" Resch provides valuable advice on this topic, helping you understand the different types of art and their potential value. He discusses the factors that influence art prices, such as market demand, artist reputation, and historical significance. Resch also helps you identify emerging artists and trends in the art world, which can lead to profitable investments.

Where Do You Start?

Starting a collection can be overwhelming, but Resch offers practical tips on where to begin. He explains the different stages of collecting, from identifying your interests and budget to researching galleries, attending art fairs, and building relationships with art professionals. Resch also provides insights on how to evaluate art pieces and negotiate fair prices.

Which Gallery Should You Visit?

Choosing the right gallery is essential for collectors. Resch recommends researching galleries and visiting them to assess their collection, staff, and reputation. He also provides advice on how to build relationships with galleries and negotiate discounts and commissions. Resch's insights on gallery management and marketing are invaluable for collectors who want to maximize the value of their collection.

How Do You Get VIP Tickets for Art Basel?

Attending art fairs such as Art Basel is a great way to expand your collection and network with art professionals. Resch shares his tips on how to get VIP tickets for Art Basel, including insider information on when and where to buy them. He also provides insights on what to expect at the fair and how to make the most of your time there.

Where's the Best Place to Sell Your Art?

Selling your art can be a challenging process, but Resch offers advice on how to maximize your chances of success. He discusses the different options for selling art, such as galleries, auction houses, and online platforms. Resch also provides tips on how to prepare your art for sale, negotiate sales agreements, and protect your intellectual property.

Is This Price Fair?

Evaluating the price of art is a crucial aspect of collecting. Resch helps you understand the art market and evaluate the value of art pieces. He discusses the factors that influence art prices, such as market trends, demand, and historical significance. Resch also provides advice on how to negotiate fair prices and avoid being taken advantage of by art dealers.

This book is a comprehensive guide for anyone interested in collecting art, whether you are a novice or an expert. It covers a wide range of topics, from the art market's fundamentals to practical tips on building and growing a sustainable collection.

Featured alongside Magnus's advice for collecting are quotes and case studies from esteemed art world professionals, including mega collectors Shelley and Philip Aarons, Beth Rudin DeWoody, Jorge M. Pérez, Howard E. Rachofsky, and Komal Shah; museum directors Adam Weinberg and Heidi Zuckerman; art fair founder Touria El Glaoui; mega art dealers Marc Glimcher, Adam Lindemann, Jeffrey Deitch, and Simon de Pury; leading art curator Hans Ulrich Obrist; superstar art advisor Amy Cappellazzo; and artist Julian Schnabel.

The book also features a foreword written by leading art collector Pamela Joyner.

No-nonsense, clear prose makes this the perfect primer for anyone who is interested in collecting art. Whether you are an art lover who wants to buy your first pieces or a collector who wants to understand more about investing in art, this book is for you. Advisors and gallerists who want to refresh their knowledge of the art market will also find this book valuable.

In conclusion, "Navigating the Art Market: A Comprehensive Guide for Collectors" by Magnus Resch is a must-read for anyone who is interested in collecting art. With his expertise and insights, Resch helps you navigate the complex world of art collecting, making it easier to build and grow a sustainable collection. So, whether you are just starting out or an experienced collector, this book is a valuable resource that will help you achieve your art-collecting goals.

Weight: 468g
Dimension: 209 x 147 x 21 (mm)
ISBN-13: 9781838666255