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Life is Short, Art is Long

Screen Shot 2014-04-06 at 8.22.47 AM“And in the end, it’s not the years in your life that count.  It’s the life in your years.” ~Abraham Lincoln

It’s not something we like to think about, but collectors, as well as artists, need to face the fact that owning art, regardless of whether it is yours, or it is acquired, comes with certain responsibilities.  There are the obvious responsibilities concerning documentation, insurance, protection, care and handling.  There are even laws that … Continue Reading

Follow The Money: Treasure Hunt For Grants

Screen Shot 2014-04-06 at 4.33.27 PM“A bank is a place that will lend you money only if you can prove that you don’t need it. ” Bob Hope

There has been a lot of talk lately about the economy improving.  I don’t know about you, but not many people I come in contact with have experienced much change. Nonetheless, change is happening, maybe not as fast as everyone would like, but there is hope on the horizon. One … Continue Reading

The Money Stuff

Screen Shot 2014-04-06 at 3.56.19 PM“When bankers get together for dinner, they discuss Art. When artists get together for dinner, they discuss money.” Oscar Wilde

Maybe it was growing up in Beverly Hills that gave me an acute sense of monetary reality. Regardless, as a child, it became apparent at quite an early age that money was a central issue in most people’s lives and I needed to pay particular attention. So, it would naturally follow that “the Money Stuff,” would eventually find it’s way to Art Advice. If you are an artist, … Continue Reading

5 Things You Can Do For Your Career to Survive the Economic Slump

Screen Shot 2014-04-07 at 5.40.44 PM“As sure as the spring will follow the winter, prosperity and economic growth will follow recession.” Bo Bennett

Artists are more susceptible than most to the economic downturn as fine art has long been considered a luxury, primarily for an audience with extra discretionary income. In times like these, even the very wealthy feel uncomfortable spending on what may be perceived by others as an extravagance. Smart collectors know this is the best time to buy and fine art is one of the safest places to “park” … Continue Reading

Pricing Your Art

Screen Shot 2014-04-06 at 4.26.28 PM“The price of anything is the amount of life you exchange for it.”  Henry David Thoreau

The first step in trying to price your work is discussed in detail in a previous ArtAdvice article called Matchmaker, Matchmaker . It involves visiting galleries on a regular basis to determine where your work fits in to the current art market. When going to galleries, study the price lists of artists whose work is similar to yours stylistically, as well as in size and medium. Ask to see … Continue Reading

The Responsible Collector

Screen Shot 2014-04-07 at 7.57.29 PMCollectors of art fall into two basic categories. The first is the collector that decides to live with art, buys it until all the walls are filled, and then stops. The second revels in the experience of collecting, and like the artist, feels compelled by some greater force to continue with this passionate relationship, regardless of the decorative or functional aspects.

What many collectors don´t realize, is the process is not over once the piece is hung. It becomes even more vitally important to become a responsible collector … Continue Reading

Marketing for the Millennium…e-commerce and the Internet

Screen Shot 2014-04-07 at 8.22.00 PMThe Internet has become an unavoidable fact of life. Over just the last few years we have seen radical changes in the way this new technology is changing the way we live, think and shop. Although many artists, collectors and galleries continue to have fears and concerns, even their reluctance is slowly beginning to erode as they accept the inevitability of this powerful, wide reaching tool. In regards to the artworld, there are basically three different types of websites :

  1. Information related sites-These can be run by non-profit … Continue Reading

Apples and Oranges: The L.A. vs. New York Question

Screen Shot 2014-04-07 at 6.25.53 PMOriginally published in Artweek, July 1995, Volume 26, Number
7

” . . .artists can no longer sit back and take the attitude that
the work speaks for itself . . .”

After opening a second office and gallery in New York last September,
I have spent a good deal of time accumulating frequent flier miles. On the
average, I spend one week each month in New York, which has been a real
eye-opener for me, a native Angeleno who has been actively involved with
the Los Angeles art scene for twenty years. … Continue Reading