http://www.luxist.com/2009/08/03/artinfo-offers-three-tips-for-novice-art-collectors/ Luxist Comments for ArtInfo Offers Three Tips for Novice Art Collectors http://www.luxist.com/media/feedlogo.gif http://www.luxist.com en-us Copyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.luxist.com/2009/08/03/artinfo-offers-three-tips-for-novice-art-collectors/http://www.luxist.com/2009/08/03/artinfo-offers-three-tips-for-novice-art-collectors/
Also, collectors should still offer a fair price, even if it reflects a discount for not having to pay a commission. Gallery rates are typically 40-50%, but the artist normally absorbs all materials and framing costs from their share of the sale. Many artists (like me) are very conservative about reducing prices, especially to new collectors- discounts are earned through loyal, long-term patronage or comitment to buy several works at once.

Finally, if you do get a great bargain, keep it to yourself! Nobody who has ever paid fair market value will ever trust the artist again if word gets around (and, don't think it won't).

Matthew Kinsey]]>Aug 10th 2009 12:04PM