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Art Collecting: Should artists buy art?

by Brian Sherwin on 7/4/2012 12:09:31 AM

This article is by Brian Sherwin, regular contributing writer for FineArtViews. Brian Sherwin is an art critic, blogger, curator, artist and writer based near Chicago, Illinois. He has been published in Hi Fructose Magazine, Illinois Times, and other publications, and linked to by publications such as The Huffington Post, The Boston Globe, Juxtapoz Magazine, Deutsche Bank ArtMag, ARTLURKER, Myartspace, Blabbermouth, Milwaukee Journal Sentinel, Conservative Punk, Modern Art Obsession, Citizen LA, Shark Forum, Two Coats of Paint, Vandalog, COMPANY, artnet, WorldNetDaily (WND) and Art Fag City. If you want your blog posts listed in the FineArtViews newsletter with the possibility of being republished to our 19,000+ subscribers, consider blogging with FASO Artist Websites.  Disclaimer: This author's views are entirely his/her own and may not reflect the views of BoldBrush, Inc.. You should submit an article and share your views as a guest author by clicking here.


A Huffington Post article by artist Hilary Harkness spurred me to ask artists if they buy art from other artists. Of the 300+ responses only 27 stated that they have purchased art from a fellow artist in the past -- and of that 27, only a few acknowledged owning a small collection of artwork by other artists. I was not surprised by the response that I received. There is bitter irony here -- artists want more people to buy art... but it appears that not many artists buy art.

 

I realize that my research approach was not exactly scientific. That said, I also know that many artists complain about the lack of art buyers... and how the public – in general -- views buying original art as an unnecessary expense. It begs the question -- how many of those artists have purchased original art? Can YOU, the artist, criticize other consumers if you are part of the problem? Think about that.

 

Let us be honest with ourselves concerning consumer attitudes toward buying art. The average consumer is content with the Vincent van Gogh poster in his or her living room – OR the mass-produced Thomas Kinkade print displayed prominently in the hall. The average consumer does not see the value of original art – or how owning original art will enrich his or her life. If YOU want to change the way that consumers think about owning original art... you need to be part of the solution. You need to take original art seriously (not just your own art). YOU need to buy original art from others.

 

Think of this in terms of consumer psychology. When someone notices another customer buying a product it can sometimes be enough to spur that observer to do the same. I've noticed this effect at art exhibit openings -- someone will buy a painting, for example, and before you know it three others end up selecting artwork for purchase. For some it is an issue of buying status (they want to impress the previous buyer OR simply show that they have taste as well) -- while others are simply drawn to impulse buying. Others may be spurred to buy because observing a transaction was enough to warm their 'cold feet'.

 

I'm certain that some of you have noticed this art buying trend as well... that first 'icebreaker' can spur further transactions during an exhibit opening. It may introduce someone to a wonderful addiction... the addiction of art collecting. YOU can help to break the ice. YOU can help people get addicted to owning original art. YOU can help change the way that the public – in general – views buying original art. Stop complaining. Set an example.

 

This is what I want to stress: it is not a convincing argument to suggest that more people should be buying art if YOU, the artist, are not buying art as well. When you buy original art you are funding a fellow artist – you are also investing in a change in attitude about buying original art in general. In a sense, you can help to manipulate consumer culture – shape it into a culture that embraces owning original art.

 

An artist I spoke with put it this way, "I don't think people should complain about politics if they don't vote. I feel the same way about the art market. Don't complain about people not buying art if you have never bought a work of art yourself." Harsh words... but she does have a point.

 

In closing, if you desire more people buying original art... perhaps part of the driving force for that change will involve YOU buying art as well -- and informing others about the support you've shown to a fellow artist. The art purchase you make today may influence someone to do the same tomorrow. If anything it will add some 'meat' to your argument if you happen to stress the importance of buying art.

 

Take care, Stay true,

 

Brian Sherwin



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Related Posts:

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Topics: advice for artists | art appreciation | art challenge | art collectors | Brian Sherwin | FineArtViews | Instruction | Think Tank 

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 64 Comments

Nicole
via faso.com
We buy other artist's art and have the beginnings of a wonderful collection. Maybe it's just the circle of artists we know, but most of them either buy or trade with each other so it's not uncommon amongst my pals.

I agree with you Brian, that it's a good way to support fellow artists but also to encourage the buying of original art in general. We have had many people (mail carriers, maintenance people, etc) who see our walls and are intrigued. I hope it spurs them to, at least, think about art if not actually buying it.

Gayle Faucette Wisbon
via faso.com
Great article, Brian! I have come across so many artists whose work I love and would love to buy. Hopefully, I can start doing that sometime soon.

Barbara J Carter
via faso.com
I'm surprised so few artists said they had bought art. Most artists I know are avid admirers of others' art. Even the poorest buy original art once in a while, or at least trade with other artists.

My home is full of work by other artists. It's inspiring, refreshing, and challenging to live surrounded by such amazing art! I'm always bemused by artists who fill their homes with their own work. I don't want to look at my old work. I want to keep evolving and improving; the old stuff might hold me back.

And finally, how can you hope to effectively sell your work if you don't understand what it is that moves a collector to NEED to own your work? When you've never experienced that emotion yourself? It's such an overwhelming experience! I get tears in my eyes when I see it happen to someone looking at my work. I know in my gut exactly what they're feeling. I've been there, I can sympathize, and best of all I can help them fulfill that deep longing they just discovered.

Skye Sutherland
via faso.com
Great article! It's true, artists should buy artwork! I have a nice collection of original paintings and prints, and crafts of all kinds. And I will only either make a gift myself or buy one from another artist. Even my very young niece and nephew only get handmade items, or art lessons, as gifts from me. I am amazed at how many of my artist friends will buy Wal-Mart trinkets as gifts, instead of seeking out an artist or crafter to buy from.

It's been my experience as a dog portrait painter that many folks would rather spend money on new technology that will be outdated next year, than invest in a painting that will last generations. I'm not sure these people know the feeling owning art can bring to them. Artists definitely need to set an example for others and buy more artwork!

Jane Hopkins
via faso.com
Very good points Brian. I have a nice collection of others originals too. I am buying less now because of space issues. You're right about expecting the public to buy originals if you have not.

Jo Castillo
via faso.com
We have been avid collectors, originals from friends and on road trips. Having art that brings memories is inspiring, too. Some folks are surprised to visit our home and only find my art in my studio and other artists in the rest of our house. I tried to buy or trade with every artist in our Guild. Sadly some were lost in our home in big fire in Bastrop last September, but we are on the road to getting the collection going again. :)

Ginger
via faso.com
Our home is seriously filled with "OP" art (Other People's).
It is a bit of a shock to some folks when they visit our home for the first time. Many people in my family are, and were, quite talented. So are friends and acquaintances. I love and appreciate other styles.
Just because someone says "I can do that"... it doesn't mean they will. Enjoy beauty while you can, wherever you find it.
One of the things that causes me great sadness is when I visit places with bare walls.

Brian Sherwin
via faso.com
Barbara -- You said, "And finally, how can you hope to effectively sell your work if you don't understand what it is that moves a collector to NEED to own your work? When you've never experienced that emotion yourself? It's such an overwhelming experience! "

That is an excellent point. Think of it as an introduction to the psychology of art collecting. I'll add that collecting art can offer an artist the chance to think about why he or she is drawn to artwork by another artist. You can learn a lot from the experience... dig deep.

Brian Sherwin
via faso.com
I know that many people feel that original artwork is 'pricey' -- they cringe at the thought of spending a few hundred on a painting. Some of those same people will end up spending hundreds, if not thousands, on cheap decorations and trinkets. Which would you rather have? Something you can be proud of... or a bunch of stuff that will likely end up as fodder for a yard sale? That is what people need to think about.

Jane Hopkins
via faso.com
When I was building my art collection, I felt that the art would likely increase in value over time, unlike most prints. I attended art shows with the intention of viewing all that was there, and then choosing a piece. I looked at everything there, trying to be very casual about it, until I chose the one I wanted. I always tried to get a better price, sometimes going the last day of the show towards the end. So, don't make any assumptions about your customers, some may be more serious than you observe. I always knew what I liked, didn't respond to salesmanship, but maybe I'm not the norm.

Brian Sherwin
via faso.com
For those of you who trade art with other artists... do you also barter art for services? For example, say you need professional photos of your art -- would you consider trading a painting for photography services? Just thinking.

Donald Fox
via faso.com
I've bought paintings and drawings through the years. I'm also a great proponent of bartering: artwork, services, other goods. Just working a job is a form of barter - my time and services for the paycheck. In a sense, that's working for food. It's all a matter of perspective, isn't it?

Brian Sherwin
via faso.com
Donald -- True, very true.

Liz Afif
via faso.com
I completely agree, and it is also the best way for artists to make informed investments. If you are an artist art is your area of expertise. It is the smartest place to invest, because you know what is good and what has a chance to last the test of time. I buy a lot of art. I went to a talk by Robert Kulicke (God rest his soul) where he was speaking to the importance of not overpricing art. He said "You don't want to be the largest collector of your own work." This stuck with me and aside from pricing my work reasonably it also inspired me to collect art. It is my biggest indulgence-- to buy art. There is not instant karma, but the satisfaction of owning gorgeous art that you know id truly priceless is deeply satisfying.

jo allebach
via faso.com
I buy art when I can. I have had the experience of truly connecting with another artist's work. And I also see it when people buy mine. I have really expanded my appreciation for different styles and genres which has helped me grow so much as an artist. Excellent thoughts.

Walter Paul Bebirian
via faso.com
yes I have purchased art over many years - but in general my art is currently only available for purchase from my online galleries on the Internet - since there are many paper types or canvas to choose from as well as different sizes available for each of the over 131,000 images there in my galleries it would not be prudent to make prints or canvases myself when I can offer the ability for the potential customers to choose exactly what they want and partake in the creation of the final product -

thank you!

Walter Paul Bebirian

Rhoda J Powers
via faso.com
You are absolutely right! I have been a collector for over 30 years while awaiting the courage the proper timing to create my own work. Now that I am an artist, honestly I have less money to purchase the work of other artists but I continue to do so at every opportunity. My collection consists mostly of local artists works so the likelihood that my collection may end up a feature on a PBS Special (The Barnes Collection) is slim to none but my collection is soul nourishing and inspiring to me and most who enter my home. The Powers Art House is how I describe my home because it not only showcases my own work but that of many other artists and I often refer people to those other artists. I try to purchase everything from local artisans that I can, jewelry, music, furniture, table ware..........Artists, walk the walk and talk the talk, it's not too late, you can start today.

Marjorie Taylor-Thomas
via faso.com
I am an artist, a former gallery director and yes, a collector as well. There are many artists whose work I greatly admire and, over the years, have purchased one or more of their paintings or crafts. Their works are on display in my home along with some of my own paintings.They are a constant source of inspiration and pleasure for me and my family as we recall where we were when we purchased their works and, in some cases, our personal connection with them. I agree with Brian that we should all support each other where we can as well as inspire ourselves to broaden our aspects in our own work.

Patrice Federspiel
via faso.com
I will always remember the first time I purchased an original painting, what a thrill! I've been hooked ever since. It feels good to own an original painting, to see it hanging on my walls, to fully appreciate all that went into its creation.

I feel the same way about the hand-made mugs and dishes, wooden sculptures, and photos I purchase. I like knowing I'm supporting the arts in my own small ways.

Thank you Brian, for your thoughtful post.
Aloha, Patrice

Terri
via faso.com
A mentor of mine says that one of the best ways for artists to make it in the art world is to buy and collect each other. It's a great way to get people talking about your work, especially people who buy, make, sell art.

I buy and collect other's works. I have so much of it I don't have enough wall space. I also make limited edition prints of my work so that my peers who don't have the wall space or the pocket change to obtain larger works have access to works of mine they'd like to possess.

Amy Guidry
via faso.com
Great article! Yes, I buy art and have a small collection of works from artists mostly in my area (depending on where I was living at the time). I love the work but another factor is I know the artists on a personal level. I like them personally, plus their work is more likely to come to mind when I'm looking to buy. Just goes to show that consistently getting your name out there works.

Since these are not small purchases, my husband and I discuss this as a joint venture before buying. We usually go around the gallery and discuss which pieces we each like and narrow it down from there. By having these conversations (usually during events), I hope that it inspires others around us to think in terms of purchasing as well. Plus having that little red dot next to a piece helps.

Marian Fortunati
via faso.com
Well, I DO buy art. I buy art that means something to me... either because the work calls out to me or because I am connected in some way to the artist AND the work calls out to me.

... I am also not complaining about the art market. The whole economy is under stress.. why should art be any different??

Lena
via faso.com
I have bought from artist friends but mostly I barter. Considering that most artists have incomes close or below the poverty line I am not surprised they are preferring to pay rent or feed their kids then to buy original art.
So now not only should artists be excellent sales and marketing people, accountants, they have to be art collectors too. I worked for a major airlines for a while, as far as I know the CEO did not collect airplanes, I doubt if he even knew how to fly them plus he made several million per year. Why are artists held to such incredibly high standards?

Roberta
via faso.com
Here! Here! I've been preaching this sermon for awhile. I do buy art and have a growing collection from other artists, both living and dead.

Kathy Chin
via faso.com
Brian,

Thanks for pointing out the obvious...had not thought of it. Purchased lots of art before I became an artist...now, very little. No real reason (except maybe, just maybe am spending all my money buying photo equipment, paper, ink, supplies, etc) no excuse!!!

Rhoda, liked what you said about walking the walk...and Liz, your quote from Kulicke about being the largest collector of our own work probably made a whole bunch of us cringe.

Thanks everyone!

Roberta
via faso.com
Here! Here! I've been preaching this sermon for awhile. I do buy art and have a growing collection from other artists, both living and dead.

Phil Hewitt
via faso.com
I agree. I have bought prints from other artists and I would like someday to be able to afford to buy original work. There are so many artists I admire.

Beth
via faso.com
Absolutely! Some artists believe that if they buy someone else's art that it's somehow admitting that theirs isn't "all that". If you appreciate something, then you should be part of that mechanism that keeps it flowing and encouraged and appreciated...and PRODUCING. If not, the producer will have to abandon their dream and stop creating the work that their fellow artists appreciated but were too insecure to BUY.

Janis goldblatt
via faso.com
I agree wholeheartedly with Brian's comments. Enriching ones life with other artist's work is an amazing process. I buy from workshop instructors and fellow artists as regularly as I am able and have a valued, eclectic and growing collection. Walking into an artist's home that only display's their own work is not only boring, but reflective of the artist's self-absorbtion. Having others' original art displayed in one's home is not only enriching, but reflects an inclusive and deeply appreciative attitude toward other artists and their work.

Enda Bardell
via faso.com
Great article on artists' buying other artists work.
I happened to own 21 works by other artists. I have also lined up works of 2 more artists once I feel more confident in the current art market in Vancouver, Canada.


Enda Bardell
via faso.com
Great article on artists' buying other artists work.
I love art and happen to own 21 works by other artists. I have also lined up works of 2 more artists once I feel more confident in the current art market in Vancouver, Canada.

susan holland
via faso.com
I'm currently moving, so I have handled a lot of objects in recent weeks, including what to me is a surprising number of other people's work! I am feeling enriched, knowing this. All the art I have collected, so far, was from fairly newly emerging or just emerged people-- mostly people I am familiar with and who presented something really fine that I am proud to hang on my walls.

Maybe it's that I grew up with original art on my childhood home's walls, or that I knew the story of my Great Aunt who was a successful painter. The value of my strokes of paint is enhanced by the joy of owning the strokes of others. They inhabit my life like people. Not a bad idea to have other people inhabiting one's life! Same with art.

Buy when it's cheaper... replenish their painting supplies! Make them move forward! It gets paid forward.

K. Henderson
via faso.com
Yes, I have a few pieces of art from other artists. I'm about to do a trade for another painting. And where will it go? In the closet with the other art work. The way our house is built and the fact that my middle name is "Clutter" I and can't do justice to the hanging of art work.

Diane
via faso.com
Kinda ironic isn't it? This blog is about us buying each others work and all the responses are artists of some degree who have bought fellow artists work and intend to do so in the future. I too buy others art whom I admire or have been inspired by. I think the numbers are better than your unscientific poll indicates.

Diane
via faso.com
Kinda ironic isn't it? This blog is about us buying each others work and all the responses are artists of some degree who have bought fellow artists work and intend to do so in the future. I too buy others art whom I admire or have been inspired by. I think the numbers are better than your unscientific poll indicates.

Marsha Hamby Savage
via faso.com
What a great article ... and hopefully many that have not said they are purchasing (or trading) art will think about doing so!

I think I participated when you asked the question ... but it started me thinking again about what I do have. I have around 50 different artists, one or two pieces by several, and I have as many as 8 to 10 pieces of a couple of them. In the collection, there are a few pieces of three dimensional art of different types. Quite a few were bought from instructors, some were bought at art auctions to benefit a cause, some were traded ... and many were bought when my husband and I visited galleries or art festivals and shows.

As someone else mentioned above, it is quite funny when visitors to my home mention "I know you have loads of your art decorating your home." There are a few hanging I could not part with... but I can smile, show them around and if they are interested enough, I tell them about each of the artists that I collect. It is a real joy to do this ... and to live each day with such inspiring works of art.

We will continue to collect ... though, I have some paintings that are not hanging due to no room. I suppose now I must start rotating some of the work, right?

Adriana Guidi
via faso.com
I agree wholeheartedly that artists should buy from other artists.I think it's just good karma(maybe that's not the right word)..but I see so much beautiful art that I would really love to have from fellow artists..just really struggling with bills right now as so many are..

Adriana Guidi
via faso.com
Of course ,on the other end of that..I could say..I'd love to have some other artists(who can afford it of course) buy from me.

jack white
via faso.com
Brian,
I had a huge collection of other artists work when my ex and I split. I gave her a great collection including a Robert Wood, Windburg, G. Harvey and Waymond Adams. One of the Adams was a grand manor portrait of a young lady in black. I understand my ex sold the three Adams to artist Raymond Kinsler. Adams taught at the Art Students League in NYC for years.

I also left her a nice collection of hand carved ducks. I gave her the home and moved into my artist loft. I no longer wanted to be responsible for a collection. I sold my gun collection as well. I was concerned someone would break in my studio to steal the almost 300 guns.

Mikki and I made a habit of always buying something when we visited art shows.

Jack


Carole
via faso.com
Brian,

Thank you for writing about this sometimes touchy topic!

We have always supported artists, especially emerging artists, by purchasing their art. After thirty-five years we have a beautiful collection of paintings and ceramics. I had thought we were out of room on our walls until I decided to showcase a few of pieces of art for a six months at a time and then swapping those pieces with the ones stored downstairs. This seems to be working very well and luckily we will continue to collect art for our walls.

Most of these art works have been purchased with the money I've earned from selling my paintings. Often I have bought a painting from an artist and sometime later the artist will buy one of mine.

Our now adult children grew up in a house full of original artwork and are now purchasing original pieces themselves to hang on the walls in their homes. I am hoping they will continue to support artists and that they will introduce their friends to original works so they can begin collecting also.

Thanks again.
Sincerely,
Carole





Deb Goodenberger
via faso.com
Most of my art sales have been to other artists. It has always seemed that artists are the best consumers of art, at least in our area. I personally buy art from artists in our area and in fact have become a bit obsessed about it. It is exciting to purchase art! I have always felt that the general public does not have the appreciation that a fellow artists has. I have also traded art with other artists.

Marsha McDonald
via faso.com
Brian:

Besides being an artist, I just love beautiful paintings. Yes, I've
collected many paintings over the years, including some from very
well known painters. I'm proud of my collection, and they inspire me every day. It's hard for me to understand why some artists
would never buy another artists work? They are truly missing out, I think!

Susan Holland
via faso.com
Thank you, Walter Paul Bebirian, for the links to Rauschenberg's personal art collection. What an inspiring look into the very matter we are talking about here! Fascinating collection and very revealing stories about the gifts artists give each other.

Walter Paul Bebirian
via faso.com
you are very welcome Susan Holland -

thinking about this topic further -

I recall another value in at some point in one's career of giving away certain works - when you do this then there is more motivation to not remain satisfied with what work you have done but to by giving away you free yourself from the visions of completion and force yourself to continue on in your growth -

here is a video where Rauschenberg is talking about the process by which he came about with his "Erased DeKooning":

http://www.youtube.com/watch?v=tpCWh3IFtDQ

Brian Sherwin
via faso.com
Rhoda J Powers - A collection of local art spanning 30 years is impressive. Don't think otherwise. Your comment made me think... I suppose collectors -- artist or not -- need to think about where their collection ends up. You never know... your collection of local art could eventually be a staple of your area as far as art viewing is concerned.

Brian Sherwin
via faso.com
Patrice -- Same here. I'd rather support local creatives than buy something made in China. For example, if I have the choice between buying a locally made necklace as a gift or something from Walmart.... I will choose the locally made jewelry. It may cost a little more depending on various factors -- but it is more unique than the mass produced trinket.

Brian Sherwin
via faso.com
Lena -- According to TIME's Moneyland...

The average costs related to using an iPhone in the US can easily top $1,900 per year.

The average US household spends approx.. $850 per year on soft drinks.

The average US worker spends more than $1000 per year of coffee.

The average woman in the US will own over 469 pairs of shoes in the course of her lifetime. TIME, based on info from Glamour, estimates that the average women spends $25,000 on shoes over a lifetime. The average male sports fan will spend nearly as much on pay-per-view events throughout the course of his life.

Some food for thought.




Brian Sherwin
via faso.com
Diane -- You said, "I think the numbers are better than your unscientific poll indicates."

Which brings a smile to my face.

Walter Paul Bebirian
via faso.com
also:

Art versus Business-if you think back through the centuries of the history of mankind-and the different civilizations-you will realize that none of the businesses that existed thousands or hundreds of years ago - exist today and yet there are millions of works of arts and artifacts from ancient civilizations that still exist and are treasured in today's world -
This is something very profound to think about as you go about your daily business of attempting to acquire wealth in the form of money

susan holland
via faso.com
I'm wondering about Brian's musings about "where one's collection of art ends up." Jack says his ex sold valuable work acquired as part of an agreement. This work was "preserved" and is now part of someone else's collection.

In this day of "throwaway" mentality, I wonder how many collections of late artists has been undervalued, not recognized by the heirs, and tossed into the Thrift Store donation box, or even into the trash? A gem by a not-well-known artist might be in your local Value Village store!

It worries me that the many giclees and such may condition people to not recognize an original.. we become so blase about framed objects that we deep six them without thinking... much like the demolishment of perfectly wonderful period houses that we raze to build a modern mega mansion.

In other words, many people think the value is in the frame! Be an art teacher when you sell your art... and continue telling people how to tell a print from an original! The mass production of images has dulled our appreciation for the unique object.

Diane
via faso.com
This is a very important question.
A friend is selling his house to live on a sale boat and asked what could he do with his collection. Mostly regional art in the Adirondacks, the work has more sentimental value than monetary. (Why the art world has kept Adirondack artists undiscovered is more likely because we don't heed Jack Whites advice.) Regardless, my friend did not want to put the collection in storage-good move. I told him about two instances of regional art ending up at the local used/antique store for pennies on the dollar. Other work went for $25 at an estate sale. I theorized to him that his former regional art purchases could be viewed as grants to the particular artists to continue their work and perhaps ask the artists if they would take back the art to do with what they will - sell destroy donate. Better than storage especially if he got caught in a hurricane and never came back. The art would get auctioned off to the highest bidder for the value of the frames.
I don't have an answer just some different ideas. What to do with my work and my own small but growing collection has been on my mind. My husband is a tosser. I react by being a pack rat. I have told my art oriented son that he gets ALL my art stuff if I go first. Don't let dad near it.
What do we do really?

Walter Paul Bebirian
via faso.com
referring back to the video of Rauschenberg - he describes his situation as one where his work was not really recognized by deKooning and the other famous artists at the time and so he came up with this idea as to how he would do something related to drawing and erasing and a famous person's art - *(deKooning) so I suppose that his approach since we definitely see that he is recognized as a great artist now -

but I was struck by his comment that there was no reason for the other's to think of him as a competitor and definitely not a threat - so it does indicate that in some way there was competitiveness and concern about this from other artists -

something that may or may not make up an interesting conversation here -

and also an important element in this video in his story and in many stories and videos about some of these great artists was a bottle of Jack Daniels or other forms of alcohol -







jack white
via faso.com

Diane,

If this is a collection of other artists, he can get a certified appraisal and donate the art to a nursing home or hospital. Then he can write off the appraised amount.
We can't do that with our own work, but if its collection then he can. I suspect he can deduct several thousand dollars legally.
Nursing homes and hospitals always need art.
jack

Marsha McDonald
via faso.com
Jack:

That's great information. I didn't know that. About six
months ago, I actually emailed FASO and inquired if there had ever been any posts/discussions among the artists as to "legal"
advice when donating a collection of fine art. The girl who emailed me back said she couldn't find anything but she told me she contacted one of her regular artist/writers for Fine Art Views and asked him if he'd be interested in writing something along those lines. I don't know who it was? Well, anyway, I'd about given up. I have found the place I will donate to, however, my big concern now is how to write everything up. I don't want to spend a fortune on an attorney. They told me their attorney would be interested in donating some of his time, but I confess I'm a bit nervous about using "their" attorney. (There are a number of things to be determined; for example, where the collection will be hung - or, making sure the collection is never broken up and sold, how it will be displayed, etc) I still wish someone with FASO could provide some answers for all of us, since obviously I am not the only one thinking about where my art collection may end up after I'm gone!

jack white
via faso.com
Marsha,
We can't donate our own work and take a write off. If we could all of us would give enough to not pay taxes.

But if you have purchased a collection then you can legally write off the current value. You don't need an attorney, but you do need an art appraiser. I have one listed on my website. Go to www.jackwhiteartist.com Click the button Gold leaf. He is in Las Vegas, but I send folks to him because he has become an authority on my work. With the gold leaf I get a ton of people wanting to know the worth of their art. He does work for anyone. I've spoken to him a couple of times over the phone. Seems like a nice young man.

A lot of rich people give their collection to museums for the write off.

I'm sure your CPA or tax accountant can tell you what forms to use.

Since I'm not a lawyer I suggest you speak with your tax person.

Jack

David M. Kessler
via faso.com
Hi Brian,
I too must say that I am surprised by the results you obtained. I have been an avid art collector since 1984 and have ammassed quite a good and varied collection. I also sometimes trade art pieces with my fellow artists! Artists need to be collectors!

Marsha McDonald
via faso.com
Jack:

I thank you for your information! They have been to my home and looked at the artwork, and chose a variety. They will get most of
my "other artists" collection, and several of my paintings as well.
When the time comes, I will contact the man you are suggesting.
Thanks so much!!

jo allebach
via faso.com
Wow! Never would have thought of the art I have really AS a "collection". I know there are probably a lot of people who would benefit from this information. It is exciting to consider my work also being in a "collection" of people.

Carolyn Henderson
via faso.com
We set aside a fund for purchasing other artists' art. As you observe, artists can literally support one another by purchasing one another's art, and it puts actual meat into the sentence, "I support art!" (If we sold a piece of art for every time we have heard this sentence, I'd be writing this from a remote island somewhere off in Fiji).

Sharon Weaver
via faso.com
I was also surprised that so few artists buy other artists work. I have a few paintings by other artists and believe that we need to give back to the art community. What better way than buying art we love.

Brian Sherwin
via faso.com
Walter -- Excellent point about what history tells us.

Carolyn -- You said, "We set aside a fund for purchasing other artists' art.". That is the magic ticket for everything... taking the initiative to set aside money for specific purchases. I'll add... purchases that help to stimulate the economy (buying art from a local artist is a positive step for your local economy).

That is one problem with the public in general -- we are a debt society rather than a money-in-hand society... though that may be changing. When you consider how much money the average person blows on Chinese trinkets throughout a lifetime... well, there is really no excuse for not buying an original artwork at least a few times in your life.

Heck, as I believe Jack pointed out earlier... the buyer could technically receive a bit of a tax break by donating art. There are many good reasons for buying art if you think about it.

Walter Paul Bebirian
via faso.com
so how much competition is there amongst the artists of today - and more specifically the individuals here participating in this discussion -

is there some of this element of "I purchase more art from other artists than you" type of underlying theme here?

I mean even the title runs the risk of shaming people who are not interested in anyone else's work and most importantly collecting it - into doing just that -

I on the other hand encourage - now that the Internet and social media exists people in all walks of life - artist - business man - ball player - day laborer - anyone and everyone no mater how much money you do or do not have - to view- enjoy - become inspired - motivated and repeatedly come back for free to get whatever and everything that you can - without spending a penny - :

http://www.kulesearch.com/kulebuzz814/The-Richest-Man-in-The-World-Ever.html

Walter Paul Bebirian
via faso.com
sorry - the previous post shortened as well as changed the url so here is a link to the screen painting in a different area of my galleries which I call the Collection Catalog:

http://www.imagekind.com/GalleryProfile.aspx?gid=86c80fae-8703-484d-9e8d-56f4a4e98592










 

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