Sunday, November 23, 2008
oil on Birch panel
wired and read to hang unframed
shipping 50.00 or pick up at my studio
Here is some information for art collectors
Collectors of art fall into two basic categories. The first is the collector that to lives with art, buys it until all the walls are filled, and then stops. The second is committed in the experience of collecting, and like the artist, feels compelled to continue with this passionate relationship, regardless of the decorative or functional aspects. Then is the investment collector who buys art as a commodity like stocks or gold.
What many collectors don´t realize, is the process is not over once the piece is hung. It becomes more important to become a responsible collector if you are collecting museum quality artists. There are three basic areas that require attention from all collectors.
It is important to document each piece of art in your collections. This could prove to be an invaluable resource for restoration, or damage. The best and most economical form of documentation is images on a CD. It should be properly labeled to include artist´s name, title of work, date of completion, media, and dimensions. Also, an indication of top and front is advisable. Remember,CDs are not archivally stable, so in most cases it is a good idea to follow up with hard copy prints.
It is also important to keep yourself informed about the artists´activities and save related materials. Write-ups and reviews, as well as exhibition announcements should be kept on file for each artist in your collection. This will increase the value of the work as an artist´s career develops. Minimally, you should keep an up-dated biography or artist resume. Several collectors also ask the artist to write a brief statement about their particular work. This is not always possible, but if you have contact with the artist, it is an additional luxury that only collecting living artists affords.
If you have purchased a piece directly form a gallery or the artist, the artwork doesn´t have a history of having been in prior exhibitions or collections. But, occasionally if a specific piece you own has been previously exhibited or owned, this should be recorded accurately, and is referred to as the "provenance."
Keeping accurate records regarding your collection will allow for immediate access to current information for future exhibitions and catalogs. It is necessary backup for insurance and tax purposes. As your collection grows, it is a good idea to get a periodic professional appraisal.
Finally, as a courtesy to the artist, it is always a good idea to contact them when you move or sell the art. Artists need to have access to their work for retrospectives or survey shows.
I make up a packet for my collectors which includes a bio/resume/statement, a COA with archival information and an image of the painting, and put all into a Manila envelope for their files.