Acquiring Art

Acquiring art is a little bit complicated. Art valuation plays a big part in helping out which artistic item to acquire. The other part is what's difficult, the intangible factor. Art is not a stock certificate which after being acquired is tucked away into a safety deposit box. A big part of acquiring art is to have it displayed, showing it off, and feeling good just looking at it.

However, art is also affected by society's current trends. Much like the stock market, auction houses and galleries often serve up artistic items that are hot for the current selling/exhibition period. But even though art is affected by external factors it is far from being a retail commodity.

Art acquisition can be done by purchasing directly from the artist or the family if the artist is no longer living, second is form exhibitions, third is from auction houses and forth is from other art collectors.

Knowing the current valuation of such artistic items will generally be useful during such acquisition negotiations. However, ticket items such as paintings by masters will command such high prices that authenticity will have to be established. Modern technology and art expert knowledge will be needed during acquisitions such as these.