Friday, July 3, 2015

A poor collector's guide to buying great art, in 10 useful tips

By Henri Neuendorf

Erling Kagge is a Norwegian art collector, explorer, mountaineer, publisher, and lawyer. He gained fame for being the first person to walk to the South Pole alone, and he has also climbed Mount Everest. Today, he runs the publishing company Kagge Forlag, which he founded. One of his most recent releases is the book A Poor Collector's Guide to Buying Great Art, in which Kagge narrates how he built his impressive art collection—despite having a limited budget. Kagge's book offers advice through 24 tips, of which we have distilled the 10 most useful pearls of wisdom for the burgeoning collector with limited resources. [link]

  1. Be obsessed
  2. Accept that there are no rules, only deals
  3. Cultivate the perfect eyes, nose, and ears
  4. Hang out with people in the art world&gt
  5. The gallerist holds the key
  6. Don't expect to make money
  7. Be an early bird
  8. Accept that the best price might not be the lowest price
  9. Buy opportunistically at auction
  10. Be quick about paying in full