I understand. The wealthy want the best and an investment level artwork is bought to be re-sold at a profit; hence galleries, auction houses and private dealers market the works of grand masters. Who has time to pursue their own investments, because time constraints, expertise and even fear can come into play in their choices?
Perhaps they hire researchers and then make informed choices. You’ve got to trust your market analyst, your investment counselors, your interior designer; the galleries, critics, museums…
If investors are quick to research, does this zeal translate to their other interests?
Alas. Few are passionate enough about visual art to make their own inquiries; but these are the ones who generate movement in the art industry. And perhaps they send in their people to look, to edit choices and recommend the next purchases…it seems practical, no?
Buyer beware. The recent art forgery scandal has made many fools. Wouldn’t it be better to be surrounded by your own choices, by what you’ve discovered and love; as opposed to being sold a false bill of goods?
Why not come to know the keen disappointment of a day spent going from gallery to gallery, seeing nothing of interest? Eventually you’ll realize the one place that really does have stimulating work…this is your dealer. You will know that you are intrigued, you think about that artwork when you’re not there, and you’ll know that you must have it.
In the end, if your passions change or you were merely infatuated with works that weren’t what you once thought, you can donate them to a hospital, a university, or a charity auction receiving full credit of your purchase price as a tax deduction. So much the wiser.
Come on out and play ball! Artists want to do good work; they want to sell it and be able to do what they love. Every collector who gets their nose dirty by actually collecting broadens our industry and stimulates great activity. Make jobs, have a great time, and change lives—buy your own art!