The Ups and Downs of Buying Artwork

There are a number of things to consider when buying artwork, from how you’ll use the piece to where it will be displayed. Here are a few tips to make sure your purchase is one you’ll enjoy for years to come:

Concept boards can be created on virtually anything; something simple like a poster board, a cork board tacked into a vintage frame, clip boards, dangling from a makeshift clothesline or even directly on the wall.

Consider the space. The first step in choosing an art piece is deciding where you’ll put it. Is this a painting that will go in your dining room? A sculpture for the back yard? This will help determine the size, shape and color of the artwork. Consider the architecture and existing furnishings of your home as well as your lifestyle when choosing art. For example, if you have children or pets, avoid selecting delicate items that could be easily damaged by everyday activity.

Think about lighting. The amount and direction of light in a room can greatly affect how artwork appears. If a piece is going in a room with little natural light, choose something with bright colors to add cheer and create visual interest. If there’s little wall space but plenty of overhead lighting, look for sculptural pieces.

Consider framing options. The right frame can enhance a piece of art, while an ill-fitting or outdated frame can detract from it.

Artwork adds color, personality and style to your home. But buying art is a tricky business, even for experienced shoppers.

To learn more about the ups and downs of buying artwork, we reached out to art appraiser, dealer and consultant Elyse Luray. She also stars in History’s weekly reality TV show “The Curse of Oak Island.”

If you’re new to buying artwork or just want to brush up on your knowledge before you start shopping, here are some of her best tips for buyers.

Buying Artwork for your home, or office is a deeply personal decision. There are some questions you should ask yourself before you start buying.

The first thing to consider is The Space where the artwork will go. Is it a large wall? Small? Is it in your Living Room, Bedroom, Bathroom or Kitchen? Where ever the space is you must consider two things: What emotion do you want to convey in that space? and What kind of artwork can enhance that feeling? If you are going to hang art in your bathroom you might not want an abstract piece that evokes emotions like anger or sadness. A calming piece might be more appropriate.

The second thing to consider is Your Budget. You need to know how much money you have to spend on this work of art. The price range for artwork can be huge! So make sure you know how much money you want to spend on this piece and what kind of quality you expect for that price range.

The third thing to consider is Your Personal Taste and Style. What kind of art do you like? Be honest with yourself about what kind of art speaks to you. Do not try to be like everyone else buy something that makes YOU happy! Read more about how to create a concept in art.