How to Collect Art

Navigating the world of collecting can be a tricky process, especially for one just starting out in the art market. The world’s leading art market expert Magnus Resch explains the core principles of the art market and reveals the secrets of how to build and grow an art collection. He answers questions such as: What art should I invest in? Where do I start? Which gallery should I visit? How do I get VIP tickets for Art Basel? Is this price fair? This This book is a comprehensive guide for anyone interested in collecting art, novice or expert.

Readers will learn how the art market works and how to navigate it, as well as how to develop a sustainable collection strategy, for every budget. Featured alongside Magnus’s advice for collecting are quotes and case studies from esteemed art world professionals, including collectors, artists, gallery owners, and auctioneers. This book is for all levels of experience: art lovers who want to buy their first pieces; collectors who want to understand more about investing in art; and advisors and gallerists who want to refresh their knowledge. No-nonsense, clear prose makes this the perfect primer for anyone who is interested in collecting art and the book includes a foreword written by leading art collector Pamela Joyner. This book, with words of advice from the most accomplished experts in the field, is like carrying an art advisor in your pocket.

Original quotes and words of wisdom from art-world figures including mega collectors Shelley and Philip Aarons, Beth Rudin DeWoody, Jorge M. Pérez, Howard E. Rachofsky, and Komal Shah; museum directors Adam Weinberg and Heidi Zuckerman; art fair founder Touria El Glaoui; mega art dealers Marc Glimcher, Adam Lindemann, Jeffrey Deitch, and Simon de Pury; leading art curator Hans Ulrich Obrist; superstar art advisor Amy Cappellazzo; and artist Julian Schnabel.

Praise for How to Collect Art

‘A refreshingly honest insider's guide to collecting.’ – The Art Newspaper

‘The definitive guide to the art market and collecting in the 21st century.’ – Paper Mag
‘An indispensable resource for those navigating the complexities of the art market.’ – Whitehot Magazine

'Sophistication meets data in this essential guide to art investment, a timeless handbook from Magnus Resch for finding the right path in every art investment, big or small, where strategic content and effective communication converge to enlighten the modern art investor.' – CNN

'A veritable acquisition manual.' – SURFACE

'A recruitment manual for art collectors.' – Artnews

'A transparent resource filled with data, case studies, and real-life reflections.' – Whitewall
‘An excellent guide to participating in the art market for both those new to the market, as well as seasoned collectors.’ – Christies Education

‘Reveals the major players throughout the art market and explains the ins-and-outs of auction houses and galleries as it guides readers on how to select the right one to work with.’ –  Barron’s Penta

Praise for How To Become A Successful Artist
‘Bolstered by interviews with art-world luminaries, Resch's book offers practical advice to remind readers that there's a lot more to being an artist than just making art.’ – ArtNews

‘This book is determined to do away with the stereotype of the starving creative.’ – The Art Newspaper
‘Get the inside scoop on how to become a successful artist.’ – Buzzfeed
‘There's no magic wand to make you into a successful artist but this book comes pretty close.’  – FAD Magazine
‘Magnus Resch can help you become a successful artist.’ – Whitewall
‘In the era of the social network's totalising grip, Resch distills data into a formula for art-stardom.’ – Spike Art Magazine

Praise for Magnus Resch
‘Magnus gives the art world plenty to think about.’ – New York Times
‘Magnus's study explores the financial challenges facing galleries today. Anyone in the field can gain insights from his observations and research.’ – Artsy
‘Resch has the art world down to science.’ – Cultured

Magnus Resch is the world’s leading art-market economist, serial entrepreneur, and best-selling book author. He teaches art management at Yale University, previously at Columbia University. In 2016, he launched the Magnus app, which works like Shazam for art. Magnus holds a PhD in economics and has written several bestsellers on the art market. His career has been portrayed in a Harvard Business School case study and in various articles.

Pamela J. Joyner  is an American businesswoman and art collector, and has been called an ‘activist collector’ by ArtReview for her focus on African-American art from the 1940s onwards.

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