The online market has come a long way since the first online art businesses emerged in the late 1980s. As technology is improving and the internet is increasingly being relied upon by the art world, the art market is following, albeit at a slower pace.
For many art collectors, buying art is about pleasure and enjoyment rather than investment or speculation. Regardless of your motive however, this is a time marked by volatile art markets and increased legal risk so it is more important than ever to be mindful when buying art and resist the urge to buy on impulse even if money is no object.
Documentation of your art collection, why? It’s always after the fact that collectors realize how much time and money they could have saved if only they had kept complete records of their art collection. Collection management is one of the single most important aspects of collecting art yet it is one of the most overlooked steps in the collecting process.
Client feedback is ALWAYS appreciated. Thank you UBS for the wonderful opportunity to work together this year. “Dear Heidi…Your contacts, strategic thinking, and your energy were key to our success!”
The key to being a responsible collector, or art professional for that matter, is due diligence. Especially when it comes to the secondary market, trusting your gut and closing a deal with a handshake is not enough anymore.
“Heidi has worked with clients in building first-class international collections of contemporary art.”
Being a full-time art professional for over 13 years has allowed me to create this tried and true Collector’s Guide that covers everything you will need for getting around the art world while having fun.