Welcome to Liverpool Confidential
Reset Password
The Confidential websites will be undergoing routine updates. This may cause the sites to go offline. We apologise in advance for any inconvenience.

You are here: Liverpool ConfidentialEntertainmentEvents.

Buy Art Fair

Don't know your art from your elbow? The Buy Art Fair at Urbis has some advice for novice collectors – and we've got 2 for 1 on tickets

Published on September 19th 2008.


Buy Art Fair

A Damien Hirst shark was auctioned for £9.6m earlier this week, prompting much debate about the value of art and the price of fish. The buyer no doubt believed that they'd made a wise investment and secured a timeless item of beauty, but few of us would have the confidence (or the budget) to make a purchase like this.

For obvious reasons, the organisers of the Buy Art Fair at Urbis want us all to feel like purchasing art isn't the preserve of the rich. Galleries from around the UK and Europe will be gathered there from 9 to 12 October, with paintings, sculptures, ceramics and photography all for sale. To help you prepare for your shopping spree, they've collected a few tips from the Hong Kong Art Fair on buying for beginners.

The art of buying art

Firstly, they suggest you only buy art that you actually like, even if you're purchasing it as an investment. There's no guarantee that it will ever be worth more than it is now, and even if it does go up in value, you've still got to live with it for years before you cash it in.

Aspiring art investors are advised to do some research before buying. Ask for a copy of the artist's CV and have a look at their other work to gage whether they're consistent in their output. Though as with all financial investments, past performance is no indication of future returns, and creative types with their whims and mood swings can be even more volatile than the current-day stock market.

Practical tips include measuring the space you want to fill before choosing a painting – you can make a small canvas a focal point for a large wall, but don't try to squeeze a vast landscape into a poky corner. Ask the seller for advice on frames, hanging and lighting. Frames are particularly important – if you get it right, it'll enhance the painting. Get it wrong and it could make the artwork look odd and uneasy.

If you're short on funds, some galleries will let you pay in instalments. Others offer the equivalent of a 'cooling off period' where you can get a full refund if you return your picture without damage a few weeks after purchase.

Finally, don't buy 'limited edition reproduction prints' if you're trying to provide for your retirement: they're the equivalent of Ikea-style posters and can be worth about as much, regardless of whether they are numbered and signed by the artist. And even if you're not in it for the money there's nothing worse than seeing the print that you gave pride of place.

To take advantage of the 2 for 1 on tickets, click here.

Like what you see? Enter your email to sign up for our newsletters which are chock-a-block with more great reviews, news, deals and savings.

To post this comment, you need to login.Please complete your login information.
OR CREATE AN ACCOUNT HERE..
Or you can login using Facebook.

Latest Rants

Chris Muscatelli

Dot, dot, dot, dot, dot, dot and a lower case 'I'? It's like being called ugly by a frog.

 Read more
Foiegras

best of all, no bloody giants...

 Read more
John Bradley

Says the "man?" who cannot properly thread a conversation.

 Read more
George Smiley

Dear Mr. Bradley...evidently a scouser...i believe you mean "they're. Never mind a common error in…

 Read more

Explore The Site

© Mark Garner t/a Confidential Direct 2017

Privacy | Careers | Website by: Planet Code