How does the University acquire a new piece of art?

How does the University go about adding to its art collection? Or, for that matter, how does anyone take their first step into the art world and buy a piece of art?

Buying, or acquiring, art is a business transaction just like any other. However, individuals or institutions have different options for accessing the art market, which can depend on a number of factors include wealth, status, and social connections.

In this video, we explore the most common ways to acquire art.

• Directly from the artist

• Art dealers and galleries

• Commissions

• Auction Houses

• Bequests, inheritance and donations.