Money matters
If your budget is limiting your ability to purchase what you really love and want, some galleries may offer instalment purchase plans - don't be afraid to ask.
Arts Council England's (ACE) offers an interest-free loan scheme which has links with a diverse range of galleries throughout the UK, making it considerably easier for the buyer to purchase works of art that is beyond their immediate means:
www.artscouncil.org.uk/ownart/
If you are interested in knowing more about the in-depth mechanics of the market for contemporary art, current recommended reading is 'Market Matters - the dynamics of the contemporary art market' by Louisa Buck, which can be read or downloaded online. Based on the 'Taste Buds' research programme, this report gathers facts and figures, and through interviews, it examines the relationship between dealers, galleries, collectors and artists:
www.artscouncil.org.uk/subjects/publication_detail.php?sid=17
&id=417
Related links
- Start-up collector tips
A few suggestions and practical tips to put yourself at ease before taking the plunge. - Contemporary Art Listings
Where Blood members find art: Galleries, art fairs, art schools/degree shows - Money matters
You don't have to be rich to buy art: Art purchase schemes and how to get an insight into the art market. - Show and tell
We asked Blood members and other collectors to show us a piece from their collection and tell us how and why they bought it. - A personal view
Interview with a collector.