This post shares a few tips for collecting art, provided by some of the biggest art collectors and dealers. Although they all come from the traditional art world, it's interesting to see how these principles can be equally applied to crypto art.
We have selected some of the best tips from the iconic book "Collecting Contemporary Art" by Adam Lindemann in the hope to provide some food for thought to crypto collectors.
One must look for what is ahead of the curve, and explore the relationship of today’s art to the world we live in.
If you don’t enjoy making your own decisions, you’re never going to be much of a collector anyway.
Buy only when you understand the work, and when its meaning and message enhance your vision of the world and enrich your life.
I think it’s important to talk to a lot of people, but only filter what they have to say. Then form your own judgment, react to your own gut instinct.
Buy with the eyes. Buy with the eyes first. Then check it out, what was the right choice, what was not. To start, it’s better to collect in your generation - that’s more easily understood
A collector should buy, and should not hesitate to buy. What I think is most important is to build up a relationship with a dealer whom you trust, and to learn through buying.
He/She should star by purchasing something he/she really likes. Intuition is one of the best assets when it comes to art. It’s also crucial to study art, past and present, and to consult with professionals in the field, keeping up with new trends in the circuit. Having a curator can also be very fruitful [...]
Source: Collecting Contemporary Art
Adam Lindemann, Taschen, 2006