Ten Insider Tips for a First-Time Art Auction Buyer - luxury Blogs

Ten Insider Tips for a First-Time Art Auction Buyer

Art can seem a tad bit overwhelming for someone who is new to it. Subsequently, it may even be intimidating for a novice buying art at an auction. To help a new art-auction buyer sail through the buying process, Luxpresso asked Deepanjana Klein, senior specialist and International Head of Department for South Asian Modern + Contemporary Art, Christieand#039;s, to chart out this guide. Read on.

pArt can seem a tad bit overwhelming for someone who is new to it. Subsequently, it may even be intimidating for a novice buying art at an auction. To help a new art-auction buyer sail through the buying process, Luxpresso asked Deepanjana Klein, senior specialist and International Head of Department for South Asian Modern + Contemporary Art, Christie's, to chart out this guide. Read on.andnbsp;/p pandnbsp;/p
pNow, it is true that one must buy art for the love of it, and, in Kleinandrsquo;s words, andldquo;One doesnandrsquo;t have to follow anything.andrdquo; With the art market so mature and buyers paying such a high price for works, it is important that one must know what one is buying. Highlighting the importance of asking for details like a condition report, a criterion that has also made it to her list, Klein adds, andldquo;One needs to know what the condition of the work is and whether restoration has been done. When people come to us to buy a work it is our duty to show them the condition of the work. Ten years later when one tries to sell the work a condition report will be as...

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