The Collector Effect

I teach several forms of visual art. I have always been an artist, so it is not something that I have never lived without. In my oldest memories, some form of art is present. Whether it is music or the visual arts, it was always present. My grandmother would cast concrete figures, paint them and sell them as yard art and ornaments. I started to produce art of my own also at an early age, and I have become proficient with all media. However, art is much more than simply producing art. It has many different components. Artists must have patronage, and this patronage is finite. When any resource is finite, politics is also necessary. This has made the system seemed closed to many common art lovers, but it actually propels it because of the money and interest that this level of play brings.

One very recent example is that of Adam Sender. Sender is a collector of contemporary art. He recently made certain moves that reverberated through that genre and even the art community as a whole by only being a collector. When an artists begins producing and selling art, the dynamic of the buyer’s side is unseen. The bravado of young artists tells them that anyone that is purchasing their art is a fan, but in reality these people are also their art’s credibility. Without this credibility, the art has no sustainable value. Art is so subjective that who defines art as being worthy of artistic admiration is important, and collectors and other patrons produce this credibility in a very important way, money. Adam Sender’s Whitepages profile is linked.

Money translates into interest, and this interest fuels more buying and in turn, fuels the art world. Sender collected approximately 700 contemporary art pieces from the contemporary art movement. This genre of art was popular throughout the middle of the last century. Some art forms require the optics of time to relay their value. Sender understood this and collected the most undervalued pieces. The chief requirement being their potential for growth. However, this growth potential would have to be based on the integrity of the work as a great art piece versus something that is simply priced too low.

This preserves the integrity of all the works within the collection and within the art world in general because talent is the most assessed quality, and the value of the paintings will not be based solely on media hype, and its generated interest. If interest in the works or collection were solely based on hype, the value would falter with the subsiding interest. However, when the quality of the work and the talent of the artist is paramount, the works hold their assigned value at the top of the market. Truly great art pieces rarely devalue.

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