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Old 09-13-2007, 02:54 PM  
Libertine
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Join Date: May 2002
Posts: 17,860
Quote:
Originally Posted by p1mpdogg View Post
you are certianly entitled to your opinion, however, these are for investment purposes and I bought them way below apprasied value.
Picasso lithos mostly sell between the high hundreds and low thousands. Hardly worth investing in. Besides, Picasso isn't likely to suddenly become vastly more popular and there is no shortage of lithos of his, so quick price rises are unlikely. At best, you'll get the equivalent of a decent interest rate.

If you want to invest in art, it is best to buy original works of fairly obscure artists who have been dead for a few decades and who have gained more attention in the past few years. That ensures a limited supply, isn't very costly, and makes it likely that prices will rise quickly.

Of course, even then, investing without an extensive knowledge of the subject is a risky endeavor.

Then again, to me art is like wine - something to enjoy, rather than to invest in.
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