Art Estate Sales: The Beginner’s Guide to Buying Art with 10 Expert Collecting Tips
You don’t have to have an art degree or a pile of money to collect fine art. Art collecting is accessible to everyone, and art collectors often find a deep emotional connection and a sense of community in building their collections. Purchasing art at an estate sale is a great way to build your collection and find unique hidden gems.
Follow these ten tips for appraising art at estate sales from our resident art expert, and you’ll be well on your way to having a home full of eye-catching artwork! Find an estate sale near you or read on below to get started on your hunt.
Understanding the Art World
Diving into the art world can feel like stepping into a labyrinth, but with a bit of guidance, it becomes an exciting journey. The art world is a vibrant ecosystem made up of various stakeholders, including artists, galleries, auction houses, collectors, and art fairs. Each plays a pivotal role in shaping the art market and influencing trends.
At the heart of this ecosystem is the art market—a global network where artworks are bought, sold, and traded. The art market is driven by supply and demand, economic conditions, and cultural trends. By understanding these dynamics, you can make more informed decisions when adding to your art collection.
Galleries are another cornerstone of the art world. These retail spaces not only showcase and sell artworks but also play a crucial role in promoting artists. Many galleries offer advisory services, helping collectors navigate the art market and build their collections with confidence. Whether you’re visiting a local gallery or exploring an international art fair, these experiences can provide valuable insights and connections.
Building Your Art Collection
Building an art collection is a deeply personal journey that requires patience, dedication, and a clear understanding of your goals and preferences. As you embark on this exciting adventure, consider these essential tips to lay a strong foundation for your collection:
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Start by defining your budget and sticking to it. Determine how much you can comfortably spend on art without straining your finances. This will help you prioritize your purchases and make informed decisions.
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Develop a clear understanding of your tastes and preferences. What type of art resonates with you? Are you drawn to contemporary art, classical paintings, or perhaps abstract sculptures? Identifying your preferences will guide your choices and ensure your collection reflects your unique style.
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Research and learn about different art movements, styles, and techniques. This knowledge will empower you to make informed decisions and appreciate the diversity within the art world. Whether you’re fascinated by Impressionism or intrigued by modern art, understanding the context and history behind each piece will enrich your collecting experience.
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Consider working with a reputable art dealer or consultant. These professionals can provide valuable guidance and support, helping you navigate the art market and build a cohesive collection. Their expertise can be particularly beneficial when evaluating the authenticity and value of potential acquisitions.
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Don’t be afraid to take risks and try new things. Building an art collection is a journey of discovery, and it’s okay to make mistakes along the way. Embrace the process, learn from your experiences, and allow your collection to evolve.
Purchasing Art at Estate Sales
Buying art to start your collection can be tough if you don’t know what to look for. You’ll encounter a wide variety of estate sale art on your adventures, but what pieces should you bring home? Here are some of our tips and guidelines on what to look for when buying art.
1. Surround yourself with what you love.
Art is subjective and very personal. If you’re moved by a work of art, you’ll never regret buying it. Even if your tastes change over the years, you will value every bit of time spent admiring the pieces you’ve loved.
2. Buy local.
Invest in your community. By supporting local artists, students, and craftspeople, you’re supporting your local economy. Plus, those standout pieces of original art by lesser-known or emerging artists just might fetch a pretty penny someday! Blue Moon’s estate sale listings can help you figure out how to find estate sales with art collections in your local community.
3. Shop secondhand.
You don’t have to be a millionaire or visit fancy galleries to start an impressive art collection. Keep an eye out while you’re estate sale shopping, and you’re likely to come across everything from 18th-century sculptures to contemporary paintings. When purchasing original paintings, consider budgeting and the importance of provenance. At Blue Moon, we’ve been known to sell loads of original artwork, including pieces by big-name artists. You never know when you’ll come across a signed Salvador Dali etching or a colorful Alexander Calder lithograph!
4. Develop an eye for appraisal.
How can you get the most out of your money when shopping for vintage art? It may surprise you to learn that you don’t need the expertise of pro art dealers to determine the value of a piece. The first step in evaluating a work of art is finding the artist's name and time period of creation. Look for a signature somewhere on the piece (signatures can always be forged, but it’s a good place to start.) Next, look up the name online to find out more. When looking at prints, look for numbered limited edition and/or hand-signed works, as they will be more valuable.
5. Trust your gut, and think fast.
The best time to purchase a piece of art is when you see it, especially when you shop estate sales. Many pieces are one-of-a-kind so there’s no replacement, and there’s no better time than now. (Trust us: the one that got away will haunt you forever.)
6. Open your mind.
The art world is huge, with styles to suit any taste or interior design aesthetic. Fine art is so much more than Classical oil paintings by old European guys in berets. There are so many mediums out there that have been mastered by artists all over the world. Keep an eye out for handcrafted pottery, folk art, drawings, carvings, sculptures, mixed media works, glassware, prints, beadwork, photographs, mosaics, textiles, design objects, illustrations, and even conceptual pieces. Starting with small pieces can build confidence and provide a cohesive foundation for adding larger pieces later.
7. Look for fine art prints.
Not every print is a cheap, mechanical reproduction of a grander work. Many contemporary art prints are made with the sole purpose of being prints. Printmaking is an art in and of itself, and a lot of technique, skill, and creativity goes into it. When perusing prints, look for limited edition and/or hand-signed works, as they’re more exclusive.
8. See beyond the packaging.
Great art isn’t always displayed in the best way. Sometimes, it’s difficult to see a piece’s true market value beyond its ugly, outdated, or busted frame. If you’re drawn to a piece, take a moment to imagine it outside of its current environment. With a keen eye, you’ll be able to nab those diamonds in the rough.
9. Take care of the art you collect.
Improper lighting, matting, framing, storage, and even air quality can lead to serious deterioration and damage over time. Do a little research, and take your pieces to a trusted professional for appropriate display advice. If you protect your investments, they’ll bring joy for years to come.
10. Don’t stress.
Art buying should be fun, not stressful! Art is for everyone, and the pieces you surround yourself with should always reflect your interests and tastes. Buying art at estate sales can be a delightful way to unwind.
Embrace the Art World and Explore A Local Estate Sale!
Estate sales can help you find gorgeous antiques, furniture, and artworks with a rich history to uncover—all at a great price!
We hope you’ve found value in our guide to estate sales and art purchases. To find the best sellers in your area, use Blue Moon's handy estate sale directory.
Evaluating Art at Estate Sales
Estate sales are treasure troves for unique and affordable art pieces, but it’s essential to approach these sales with a discerning eye. Here are some expert tips for evaluating art at estate sales:
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Research the artist and the artwork before making a purchase. Look for information about the artist’s background, style, and technique. Understanding the artist’s significance in the art world can provide valuable context and help you assess the artwork’s value.
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Inspect the artwork carefully. Look for signs of damage, wear, or restoration. Consider how the artwork’s condition may affect its value and longevity. A well-preserved piece will not only look better but also retain its value over time.
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Consider the artwork’s rarity and scarcity. Is it a one-of-a-kind piece, or is it part of a larger edition? Limited edition works, especially those that are hand-signed and numbered, tend to be more valuable and sought after by collectors.
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Evaluate the artwork’s aesthetic appeal and how it fits with your taste and preferences. Art is subjective, and the most important factor is whether the piece resonates with you. Trust your instincts and choose pieces that you love.
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Don’t be afraid to negotiate the price. Estate sales often involve some degree of negotiation, so be prepared to make an offer and discuss the terms of the sale. A little haggling can go a long way in securing a great deal on a beautiful piece of art.
Buying Art Online and Offline
In today’s digital age, buying art has never been more accessible. Online platforms and social media have opened up new avenues for collectors to discover and purchase artworks from the comfort of their own homes. Online galleries and art marketplaces offer a vast array of options, making it easy to find pieces that resonate with you.
However, buying art online does come with its challenges. It can be tricky to assess the quality and condition of an artwork through a screen. Additionally, online platforms may lack the personalized service that traditional galleries provide. This is where buying art offline can offer a richer experience.
Visiting galleries and art fairs allows you to see artworks in person, meet artists and dealers, and immerse yourself in the art community. This hands-on approach not only helps you make more informed decisions but also fosters relationships that can enhance your collecting journey. Whether online or offline, each method has its unique benefits, and combining both can offer a well-rounded approach to collecting art.
Budgeting and Investing in Your Art Collection
Building an art collection is a rewarding endeavor, but it requires careful budgeting and planning. Start by determining how much you can comfortably spend on art without straining your finances. Setting a budget helps you stay focused and avoid impulsive purchases that could lead to financial stress.
Building a private collection can be both a personal and financial investment, with many artworks appreciating in value over time.
Investing in art can also be a smart financial move. Historically, art has been a stable and appreciating asset class, with many artworks increasing in value over time. However, successful art investment requires thorough research. Investigate the artist’s background, the artwork’s provenance, and current market trends before making a purchase. This due diligence ensures that your investments are both financially sound and personally meaningful.
Caring for Your Art Collection
Once you’ve started building your art collection, proper care and maintenance are essential to preserve its value and beauty. Artworks are sensitive to environmental conditions, so it’s crucial to store and display them correctly. Keep your pieces in a cool, dry place, away from direct sunlight, and ensure they are framed and matted using archival-quality materials.
Professional conservation and restoration services are invaluable for maintaining your collection. Regular check-ups with a conservator can prevent minor issues from becoming major problems, ensuring your artwork remains in pristine condition. By taking these steps, you’ll protect your investments and enjoy your collection for years to come.
Getting Involved in the Art Community
Becoming an active participant in the art community can greatly enrich your collecting experience. Attend art events and exhibitions to immerse yourself in the vibrant world of art. Art fairs, gallery openings, and museum exhibitions are excellent opportunities to meet artists, dealers, and fellow collectors.
Sharing your private collection with the community through exhibitions and loans can enhance cultural experiences and foster appreciation for the arts.
Joining art organizations and clubs can also provide valuable educational and networking opportunities. Many cities have groups that offer lectures, workshops, and social events, allowing you to deepen your knowledge and connect with like-minded individuals.
Volunteering at museums and galleries is another fantastic way to get involved. It offers a behind-the-scenes look at the art world and helps you build relationships with art professionals. By engaging with the art community, you’ll gain insights, make connections, and enhance your overall collecting journey.
Conclusion
Building an art collection is a rewarding experience that can bring joy and beauty to your life. Whether you’re a seasoned collector or just starting, it’s essential to approach the process with patience, dedication, and a clear understanding of your goals and preferences. By following the tips and guidelines outlined in this article, you can build a strong foundation for your art collection and enjoy the many rewards that come with collecting art.
Remember, collecting art is a personal and subjective process, and there is no right or wrong way to do it. The most important thing is to have fun and enjoy the journey. Happy collecting!