Advice on Buying Art

Alan Bamberger writes an article on art collecting that offers a very reasoned and lucid set of questions that prospective collectors should ask themselves when buying art. Bamberger is a San Francisco based art consultant whose website offers lots of good counsel and common sense for both artists and collectors.

Having said that, I would point out that using Bamberger's advice a collector of the 1890s would have been wise to ignore Vincent Van Gogh, who was an unknown artist, working in an idiosyncratic style, had been largely self-taught and who was recommended by almost no one. And similarly, we would judge based on Bamberger's advice that Damiem Hirst is "it," being the highest paid, living artist in the history of mankind. But Hirst is not it. He is the art version of a junk bond.

Bamberger is giving first rate advice in his piece. But the missing element is taste, intelligence, sensibility, having good hunches, having a great eye ... is all tied up with some kind of je ne sais quoi logic that combines various felicitous abilities. Buying really fine quality art involves one in an intellectual quest for which no amount of advice from the status quo can help. It's a little like getting married. Your relatives can all weigh in with their two cents, but it's your heart.

Knowing how to see the kind of powerful visual idea that will be tomorrow's acclaimed masterpiece means being in the right place at the right time (for buying a Van Gogh in 1890 it would have meant being in France and being friendly with Theo Van Gogh) and having a strong inner sense of what constitutes both beauty and meaning.

However, this is not a bad outcome. We were meant to wonder about these things and to search for them.

Otherwise, I'd say heed Bamberger's advice. Buy things you love. Make certain of their pedigree with as much information as you can get. But if you want to buy truly great art, the kind that is "boldly going where no one has gone before," you have to step outside the comfort zone of the status quo and go with your gut. And your luck!

[The painting that illustrates this post is by Ignacio Iturria, contemporary Uraguayan painter.]