How to Collect Art
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About this ebook
People have always made art and people have always collected art. But it is only recently that collecting became possible for everyone, not just the very rich. Indeed, collecting has never been more popular, as the rise of art fairs, antique fairs, television programs devoted to finding treasures in your attic and much more attests. And not only is collecting fun, it could be potentially very profitable, too.
But where to start? These days everything is collectable, from Old Masters to 1950s kitchenalia and it can be bewildering when you start out. And not just when you start out. Even experienced collectors need some help and guidance and How To Collect Art provides exactly this. Author and collecting expert Virginia Blackburn takes you through everything you need to know, tackling not only mainstream fields such as paintings, furniture, china and statuary, but through antiquities, modern sculpture, Sailors’ Valentines, street art, and much more. This is a comprehensive look at many and varied fields of collecting, for amateur and professional alike.
Virginia also explains how to educate yourself in your chosen field, and where to go to find the art you buy, covering galleries, auctions, degree shows and more. She explains how, when and where to bargain, looks at ways of displaying your collection and helps you get into the mindset of a collector. Art may be for art’s sake, but it provides the rest of us with a lot of pleasure too.
Virginia Blackburn
Virginia Blackburn is a journalist and the author of more than 20 celebrity biographies, including David Beckham: The Great Betrayal, Kylie: Story of a Survivor, and Robbie's Secrets. She is interviewed in the documentary Robsessed.
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How to Collect Art - Virginia Blackburn
Chapter 1
How to Start
So you want to be a collector. The first and most obvious question is this: where to start? As we discussed earlier, there are no hard and fast rules about what to collect; in fact, just about everything is collectable these days. We’ll go into a lot more detail about this in later chapters, and you certainly don’t need to specialise when you’re starting out, although until you decide what you’re really interested in, I wouldn’t spend a lot of money. But if you confine yourself to spending a few pounds in charity shops, you can afford to make a few mistakes when you’re starting out. The very first picture I ever bought was a print that I got for £6 on Portobello Road market back in the 1980s: I still have it and I still like it. It was in very bad condition and glued to its mount (very bad); some years later I spent considerably more than £6 getting it unglued and re-framed. But it continues to give me pleasure and it always has.
Essentially, the best piece of advice when you start collecting is to do your homework, and this is easier than ever in the days of Google and the internet. But there are far more resources than that and we’ll go into all of them in more detail later in the book. But here is an overview. First, if you are not yet sure what you want to collect, make the charity shop your second home. The same goes for car boot sales, flea markets, one-off sales in your local town hall or similar institutions, fairs (these can range from local village fêtes to some of the grandest exhibitions you will ever see), neighbourhood sales and bargain hunts. Go to your local galleries: you do not need to buy anything but most owners will welcome interest in their stock and if you start to build up a relationship with them now, they may be very helpful when you actually start to buy. Most auctions are free to attend: if you have a local auction house, go.
Many artists will open their studios to the public, so check out the local ones in your area. It goes without saying that museums are also a valuable resource, although that said, for rather obvious reasons, the pieces on display there will be of museum quality and thus rather beyond the purse of most of us. But if you find a museum that specialises in your chosen area, it will give you a start. One of my favourite museums is The Museum of East Asian Art in Bath: it stems from the collection of art put together by the distinguished lawyer Brian McElney OBE from his decades working in Hong Kong. It is a beautiful introduction to art from that region and Brian himself has valuable tips on how to start out collecting art.
‘I think I was a natural born collector,’ he says. ‘I collected stamps quite seriously in my teenage years, but I got bored of it and went on to something else. I moved to Hong Kong and what else do you collect there but Oriental art? If I’d lived in the UK, I’d have probably bought English watercolours. What got me started was when my aunt gave me a book called The Ceramic Art of China by William Honey, which was published in 1945. Then, when I was in Hong Kong, I read everything I could find about it that was printed in the English language.
‘And that’s the first thing I’d recommend: read everything about the subject you’re collecting. View as many pieces as you possibly can. Look at the bases. Sotheby’s and Christie’s both opened in Hong Kong in the 1970s and 80s. I would go and look at the pieces there, although most of the time I didn’t bid as the prices were too high. Instead I went on a bargain hunt and talked to the actual dealers. Dealers like building up the expertise of collectors as that means they get dedicated collectors, and by the end of it I was so knowledgeable they began asking my opinions on things.’
Indeed, Brian became so knowledgeable that he was able to spot misattributions in auction catalogues and once bought a blue and white bowl that was down as being made in the nineteenth century, but actually came from the 1480s, at a fraction of its true worth. He also identified a tea pot that was one of 12 in the world made by a famous potter in conjunction with a mandarin. He found a bamboo carving of a frog that was dated 1623, highly unusual as dates tended to be within a 60-year cycle rather than so specific, and it was because of that piece that such carvings can now be dated back to the 1500s. ‘Collecting goes in fashions,’ he says. ‘Although porcelain never goes out of fashion.’
His message: educate yourself sufficiently to know what you are looking at. Watch television or whatever you have on your tablet: it is full of shows that will give you an in. The oldest, most famous and most successful is the Antiques’ Roadshow: running since 1979, it is not only a way for householders to find out if their treasures are actually worth anything, but if you listen to the experts, it is also a valuable guide. They will tell you about finding marques on china, about condition, provenance and simple aesthetics: what makes one piece beautiful (and possible valuable) and what makes another not worthwhile. There are many more shows: Bargain Hunt, Flog It!, Salvage Hunters, Dickinson’s Real Deal… Then there’s Sun, Sea and Bargain Hunting, Cash In The Attic, Going for a Song and many, many more. (And for sheer entertainment value, you could always watch the 1980s television series Lovejoy, about a loveable rogue art dealer, although I certainly wouldn’t advocate that as a learning exercise. It’s just a bit of fun.)
If you are interested in buying contemporary artists – I am not talking about the mega-bucks brand names but far more affordable pieces, which is what most local galleries specialise in – follow the names you are interested in on Instagram and other social media. Again, this will begin to train your eye and enable you to start making comparisons without spending anything. We will look at galleries and fairs at greater length later in the book, but they are all on social media too. But do bear in mind that when you are starting out, it’s far better simply to go with something you like rather than looking for a ‘name’. There are no financial guarantees when collecting art; much better to find something you like and that you want to live with. But you may yet strike lucky.
One of the best examples of this in the twentieth century is the case of Herbert (16 August 1922 – 22 July 2012) and Dorothy (born 1935) Vogel, a couple of civil servants who worked in New York City for 50 years, during which time they put together one of the most important post-1960s collections of art in the United States. They were somewhat snootily referred to as ‘proletarian art collectors’, for which read they were not part of the super-rich crowd who fly from one global art fair to the next on a private jet, but rather a normal couple who married in 1962, and after an early stint of painting lessons, they decided to focus their attention on collecting art. They lived in a small rent-controlled one-bedroom New York apartment, lived frugally on Dorothy’s salary, and used Herbert’s income, which never rose above $23,000, to collect art. When they ran out of room to display it, they stored it in cupboards and under the bed.
An early piece, bought to celebrate their engagement, was a Picasso ceramic (which would have been a sensational investment – these pieces sell for thousands now) and after their marriage, their first purchase was Crushed Parts by the US sculptor John Chamberlain. Over time they came to buy Cindy Sherman, Roy Lichtenstein, Robert Mangold and Richard Tuttle, all huge names in the latter part of the twentieth century. They only bought what they liked, never anything for investment purposes, purchased pieces that could be brought home on the subway or a taxi and often bought directly from the artists themselves, paying in instalments (we’ll get on to that later.)
They held the first exhibition of their treasure trove in 1975 in the Clocktower Gallery in lower Manhattan, ultimately ending up with over 4,782 works and, after they donated the lot to the National Gallery of Art in 1992, the works are now in 50 institutions across 50 states. In 2008 they launched The Dorothy and Herbert Vogel Collection: Fifty Works for Fifty States in conjunction with the National Gallery of Art, the National Endowment for the Arts and the Institute of Museum and Library Services, and you don’t get a much better example of how to start an art collection than that.
If you are really serious about your chosen area, you might want to consider taking a course to learn more about it. There are innumerable choices out there, from taking a degree in history of art to one- or two-day sessions in learning about a specific area. Some of these resources are free, although most academic institutions will charge you. Most also offer online options. Places to look at are Sotheby’s Institute of Art (https://www.sothebysinstitute.com), Christie’s Education, which also runs a Young Collectors Club (https://www.christies.edu), the Royal Academy, which at the time of writing does not offer courses but has a great deal of information on its website (https://www.royalacademy.org.uk/articles/tag/collecting), the Royal College of Art (these tend to be more for people who work within the art world in some way, although it’s worth a look, https://www.rca.ac.uk) and The Courtauld, one of the most famous places to study the history of art in the country (https:/courtauld.ac.uk). But this is just the tip of the iceberg. Check out what your local authority is laying on: there are numerous courses at all levels all across the country and there are very many more art schools than the handful listed here. There are also many more benefits alongside learning more about art.
‘It is so good to do a course,’ says Sophie Stewart, a wall art conservator at Paine & Stewart, who both studied and taught at the Courtauld Institute. ‘It broadens one’s knowledge, not just of art but of social history, aesthetic anthropology and so on. It is so broad in its range that the process of learning expands knowledge of a crucial time in history, teaching you about timelines, different cultures and tribes and the socio-economic aspects of the time.’
Once you have established what you want to collect, make a real attempt to develop your eye. Say you are interested in eighteenth century china. Start doing some background work into the different countries and manufacturers and you will almost immediately identify huge differences in style. Compare different examples of the different styles you like (this is all easily done online), note the types of patterns used, the colours, designs and so on. Learn to identify the manufacturers’ marque on the back. Be very aware of the condition of the piece. Is it nicked and cracked? Has it been restored? Is the varnish chipped and, important this, does it somehow not feel quite right? Instinct plays a part in collecting: it doesn’t take long before you start to get a real feel for what you’re looking at and if you’re dubious about a piece there’s probably a reason for it. Trust yourself. You may well be more expert than you know.
All that said, there’s no reason not to build a beautiful collection just because something takes your fancy. Sticking with porcelain, I have a friend who has an extensive collection of teacups and saucers, many chipped and not worth very much, but all placed together making a beautiful aesthetic display. I knew someone else who bought a vast hoard of blue and white china, again most of it not remotely valuable and all mismatching, but she used it in lieu of a conventional matched dinner service and her dinner table was as attractive a sight as I have ever seen.
Exactly the same goes for paintings. I am a big fan of gallery walls, which as the name implies are taken from the way that some galleries display their art: it simply means filling every conceivable space on a wall with paintings, including around windows and on top of doors. It can be very attractive and striking but if you’re going to do this it is very unlikely that every picture you hang will be a masterpiece (nor should it be – they do deserve a little space of their own). It just means that you will have chosen images that please you and as you build up your gallery wall, they will be shown to charming and pleasing effect.
Another way of starting to build an art collection is to start with prints and multiples, although please make sure to distinguish between limited editions, which are worth collecting, and reproductions of famous pictures, which are not. Limited editions come in the form of prints, lithographs, silk screens, etchings, photographs, sculpture and more and if you buy a limited edition print you can gain access to some very famous names indeed. For example, at the time of writing, it is possible to buy a Picasso limited edition print for a price in the low thousands. It won’t go up in value in the way that a one-off Picasso painting may do (and nor will the insurance be so expensive) but it is a way to have the great Spanish master on your wall.
Some galleries specialise in producing limited editions and they are known as the publishers, and you can also find them through institutions such as the Royal Academy, the National Galleries of Scotland and the Royal College of Art. As the name implies, the works are produced in a limited edition: if you see 3/25, that means you are looking at the third print out of 25. A small run, such as 25, means a higher price, especially for a famous artist; a bigger run, such as 500, will not be worth as much. The size of the run will be decided by the artist, the gallery and where relevant, the publisher. There may also be artist’s proofs (A.P.) workshop proofs (W.P.) and printer’s proofs (P.P.). Usually, the artist will keep an A.P. for themselves and they will not be expected to comprise more than 10 per cent of the print run, so if you had an edition of 30, there would only be three A.P.s. The size of the edition will never change – often the original used to make the image is destroyed – but if demand is strong once the gallery has started releasing the images, prices may rise sharply and so an early buyer can find themselves sitting on a profit early on. (Bear in mind, however, that it may be difficult to resell.)
We’ll talk more about money later on, but by this stage you should be ready to start collecting and it’s time to work out a budget. If you are limiting yourself to buying at flea markets and charity shops that’s not so important, as treasures can be found quite cheaply, but if you are prepared to spend more on your art, think ahead. Do you want to build up a big collection and what is your timescale? Of course, collecting is a lifelong pursuit – I’ll never stop – but you might want to set out what you hope to achieve over the next year or so. Will you be buying monthly or just as and when it takes your fancy? And what is your price range? Bear in mind that it is always better to buy one good piece than 10 mediocre ones, or to put it another way, prioritise quality over quantity. Think of the Vogels, although they seemed to manage both.
Finally, and this only applies to high-end collecting, you might want to consider hiring an art consultant or curator. This is really only for the collector with deep pockets, as you will have to pay for their services, to say nothing of paying commission (sometimes up to 20 per cent) on any work they buy for you, but essentially they will do all the leg work for you. They will establish what your tastes are, introduce you virtually to major galleries and art fairs, recommend up-and-coming artists (remember they may not always get it right), track down hard to find art works and much more. It is common for very rich collectors to have their own curators who will do all of this for them, but it is not practical for most of us as it adds hugely to the expense of putting together a collection and is the direct opposite of what couples like the Vogels did. And besides, it’s not as much