For most people collecting artwork means putting their kid's drawings up on the refrigerator or displaying family photos around their houses. A few individuals are serious collectors who put their money into fine artwork, because they have a passion for it, but also because they consider it an investment, much in the same way they would put money in the stock market. For these people the art advisors NYC experts recommend are critical.
For most, an artistic advisor is unnecessary. Individuals who buy works they like and hang them for purposes of decoration, don't need a professional to tell them which pieces are better than others and why. Casual buyers are more interested in the way textiles, pottery, and paintings look in their homes than whether or not they will one day to worth a lot of money.
If you are going to the expense of hiring this kind of professional, you need one with an advanced degree in the field and with a solid background in the history, artists, periods, and genres. This individual should know which new artists have the most potential. An advisor negotiates with galleries and bids at auctions on behalf of their clients. Traditionally, advisors are paid a percentage of the purchased artwork or put on a monthly or annual retainer.
An artistic advisor has to understand what is influencing the art world and the market. They analyze auction sales, and have an intimate knowledge of what really goes on behind the art world's facade. One of the first conversations an advisor has to have with a client is how much of an annual investment the client is willing to make in artwork. That is a vital piece of information that allows the advisor to recommend the best quality within the prescribed budget.
Inexperienced clients sometimes hear the name of a famous artist and get excited about acquiring an available piece. A good advisor knows that not every piece of art an artist produces is a masterpiece. Some works are worth more than others, and it is an advisor's job to point this out to their clients.
People who don't know better assume an exclusive gallery shows all of its pieces to the general public. What many don't understand is that valued and serious gallery clients are always contacted when the gallery comes in possession of a piece the owner believes will interest a client. A professional advisor can overcome some of this bias.
For serious, investment minded collectors, artwork is much more than just something to hang on the wall and watch increase in value. There are equally serious tax, legal, and occasionally global implications that can be complicated and expensive. An artistic advisor can step in to work with accountants, attorneys and bankers.
People collect for different reasons. For ordinary people who love art, finding a nice piece unexpectedly, and having the opportunity to purchase it, is a great experience. For an investor, finding an important work and having an advisor suggest it is undervalued is an equally great experience.
For most, an artistic advisor is unnecessary. Individuals who buy works they like and hang them for purposes of decoration, don't need a professional to tell them which pieces are better than others and why. Casual buyers are more interested in the way textiles, pottery, and paintings look in their homes than whether or not they will one day to worth a lot of money.
If you are going to the expense of hiring this kind of professional, you need one with an advanced degree in the field and with a solid background in the history, artists, periods, and genres. This individual should know which new artists have the most potential. An advisor negotiates with galleries and bids at auctions on behalf of their clients. Traditionally, advisors are paid a percentage of the purchased artwork or put on a monthly or annual retainer.
An artistic advisor has to understand what is influencing the art world and the market. They analyze auction sales, and have an intimate knowledge of what really goes on behind the art world's facade. One of the first conversations an advisor has to have with a client is how much of an annual investment the client is willing to make in artwork. That is a vital piece of information that allows the advisor to recommend the best quality within the prescribed budget.
Inexperienced clients sometimes hear the name of a famous artist and get excited about acquiring an available piece. A good advisor knows that not every piece of art an artist produces is a masterpiece. Some works are worth more than others, and it is an advisor's job to point this out to their clients.
People who don't know better assume an exclusive gallery shows all of its pieces to the general public. What many don't understand is that valued and serious gallery clients are always contacted when the gallery comes in possession of a piece the owner believes will interest a client. A professional advisor can overcome some of this bias.
For serious, investment minded collectors, artwork is much more than just something to hang on the wall and watch increase in value. There are equally serious tax, legal, and occasionally global implications that can be complicated and expensive. An artistic advisor can step in to work with accountants, attorneys and bankers.
People collect for different reasons. For ordinary people who love art, finding a nice piece unexpectedly, and having the opportunity to purchase it, is a great experience. For an investor, finding an important work and having an advisor suggest it is undervalued is an equally great experience.
About the Author:
You can get excellent tips on how to pick art advisors NYC area and more information about an experienced advisor at http://www.phantomdesignsny.com right now.
For most people collecting artwork means putting their kid's drawings up on the refrigerator or displaying family photos around their houses. A few individuals are serious collectors who put their money into fine artwork, because they have a passion for it, but also because they consider it an investment, much in the same way they would put money in the stock market. For these people the art advisors NYC experts recommend are critical.
For most, an artistic advisor is unnecessary. Individuals who buy works they like and hang them for purposes of decoration, don't need a professional to tell them which pieces are better than others and why. Casual buyers are more interested in the way textiles, pottery, and paintings look in their homes than whether or not they will one day to worth a lot of money.
If you are going to the expense of hiring this kind of professional, you need one with an advanced degree in the field and with a solid background in the history, artists, periods, and genres. This individual should know which new artists have the most potential. An advisor negotiates with galleries and bids at auctions on behalf of their clients. Traditionally, advisors are paid a percentage of the purchased artwork or put on a monthly or annual retainer.
An artistic advisor has to understand what is influencing the art world and the market. They analyze auction sales, and have an intimate knowledge of what really goes on behind the art world's facade. One of the first conversations an advisor has to have with a client is how much of an annual investment the client is willing to make in artwork. That is a vital piece of information that allows the advisor to recommend the best quality within the prescribed budget.
Inexperienced clients sometimes hear the name of a famous artist and get excited about acquiring an available piece. A good advisor knows that not every piece of art an artist produces is a masterpiece. Some works are worth more than others, and it is an advisor's job to point this out to their clients.
People who don't know better assume an exclusive gallery shows all of its pieces to the general public. What many don't understand is that valued and serious gallery clients are always contacted when the gallery comes in possession of a piece the owner believes will interest a client. A professional advisor can overcome some of this bias.
For serious, investment minded collectors, artwork is much more than just something to hang on the wall and watch increase in value. There are equally serious tax, legal, and occasionally global implications that can be complicated and expensive. An artistic advisor can step in to work with accountants, attorneys and bankers.
People collect for different reasons. For ordinary people who love art, finding a nice piece unexpectedly, and having the opportunity to purchase it, is a great experience. For an investor, finding an important work and having an advisor suggest it is undervalued is an equally great experience.
For most, an artistic advisor is unnecessary. Individuals who buy works they like and hang them for purposes of decoration, don't need a professional to tell them which pieces are better than others and why. Casual buyers are more interested in the way textiles, pottery, and paintings look in their homes than whether or not they will one day to worth a lot of money.
If you are going to the expense of hiring this kind of professional, you need one with an advanced degree in the field and with a solid background in the history, artists, periods, and genres. This individual should know which new artists have the most potential. An advisor negotiates with galleries and bids at auctions on behalf of their clients. Traditionally, advisors are paid a percentage of the purchased artwork or put on a monthly or annual retainer.
An artistic advisor has to understand what is influencing the art world and the market. They analyze auction sales, and have an intimate knowledge of what really goes on behind the art world's facade. One of the first conversations an advisor has to have with a client is how much of an annual investment the client is willing to make in artwork. That is a vital piece of information that allows the advisor to recommend the best quality within the prescribed budget.
Inexperienced clients sometimes hear the name of a famous artist and get excited about acquiring an available piece. A good advisor knows that not every piece of art an artist produces is a masterpiece. Some works are worth more than others, and it is an advisor's job to point this out to their clients.
People who don't know better assume an exclusive gallery shows all of its pieces to the general public. What many don't understand is that valued and serious gallery clients are always contacted when the gallery comes in possession of a piece the owner believes will interest a client. A professional advisor can overcome some of this bias.
For serious, investment minded collectors, artwork is much more than just something to hang on the wall and watch increase in value. There are equally serious tax, legal, and occasionally global implications that can be complicated and expensive. An artistic advisor can step in to work with accountants, attorneys and bankers.
People collect for different reasons. For ordinary people who love art, finding a nice piece unexpectedly, and having the opportunity to purchase it, is a great experience. For an investor, finding an important work and having an advisor suggest it is undervalued is an equally great experience.
About the Author:
You can get excellent tips on how to pick art advisors NYC area and more information about an experienced advisor at http://www.phantomdesignsny.com right now.
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