Thea and Ethan addressing young collectors at Sotheby's earlier this year

Thea and Ethan on collecting art for money

Art advisors Ethan Wagner and Thea Westreich Wagner on putting together a collection that's really rewarding

Last week we posted a video of art advisors Thea Westreich Wagner and Ethan Wagner talking about how to avoid the common pitfalls when collecting art that you love. Much of their advice is contained, of course in their magnificent book, Collecting Art for Love, Money and More.

if you missed it you can see that video here. To round off the week we'd like to bring you the second video in our three strong series, How to collect Art for Money. Once again, Thea and Ethan have some pretty compelling things to say about the concept of buying for money - many of which will challenge any preconceptions you may have about collecting art from this standpoint.

 

Collecting Art for Love, Money and More

As Thea says at one point: "It's difficult in the world of collecting to remove yourself from the concept of money. You're buying something, it's worth X number of dollars and the hope is it's going to be worth X times 10. That issue is never far outside of the room. And it's very difficult - even for the purest of collectors who buy for love… money just has to be considered."

It's another long video (around 15 minutes) but we think Thea and Ethan have a lot of valuable information to impart, even if you have no intention of buying a piece of art right now.  If you like what you see you can buy Thea and Ethan's book Collecting Art for Love, Money and More from the people who made it here.

 

Thea and Ethan meet young collectors at Sotheby's earlier this year
Thea and Ethan meet young collectors at Sotheby's earlier this year