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at the very least I have soemthing that i actually like and looks good where it is.
not many people can say they own a piece of history wither its a print, a lithograph or an original signed by the man himself. i could feed it to my dog and get the insurance on it and collect double what i paid. stranger things have happend. |
Art is a good investment.
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Appraisals are generally based on few recent and visible sales of fairly similar objects. The problem with that is that that typically represents the maximum of what one could get, rather than giving a good indication of how likely it is to make a sale based on a given price. A good example of this problem is my father. Some years ago, he found some good sources of 15th and 16th century icons. Not being an expert with regards to that specific material, he got some expert opinions, which confirmed his suspicions that he could acquire them at much lower prices than the typical market rate. Only after having acquired a number of them did he find out that although auction prices tended to be rather high, there wasn't enough demand for him to be able to sell many of them. So, to this day, he has entirely too many of them hanging on his walls in every conceivable place :1orglaugh What I'm trying to illustrate is that while appraisals can give decent indications of what rare pieces for which there is a high demand will make in very specific contexts, in many cases they paint a rather unreliable picture of what something will sell for. If that wasn't the case, every art expert would easily become extremely wealthy simply by buying up loads of art from dealerships and selling them at high end galleries and auctions. Some do this in reality, of course, but finding good deals is very rare, and very visible dealerships often aren't the best place to find them simply because their prices tend to conform to standard market values already. As for the market trending upward, that trend will probably continue - although, with the recent commercialization of art, a slowdown should be expected to occur, simply because much current art is already held as a form of investment, and the untapped commercial potential of the art industry inevitably gets smaller as business continues to tap it :) To keep up with or even beat the general trend, though, it is necessary to follow specific interests and hypes, at least partly. Because while art prices are growing, they are certainly not growing evenly across the board. |
I was wondering why teh BoyAlley was getting all defensive about p1mpdogg, and then I finally remembered that he posted a few months ago about getting into the mainstream art selling biz himself...(if you think there are lots of scammers in adult, you should check out the art dealer market, not saying our gay friend is a scammer).
Looking back at this thread, BoyAlley seemed to know a lot about this particular purchase. If my guess is correct, there should be some pretty good drama when p1mpdogg tries to sell his "investments"... :1orglaugh As some of you may know, my wife is an artist (I have posted some of her oil paintings before). While I am by no means an art expert, I have studied art history, I belong to a handful of museums, I have been to some of the great museums of the world, and I purchase original art (except for a few John Lennon signed and numbered lithos that I have no intention of selling regardless of how they value). Quote:
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Any and all drama being started here is being started by individuals who are not experts, and who have not studied the actual history of this actual piece of artwork, nor have they researched the sales history of comparable works (or be qualified to), and are simply making overly broad generalized statements about the "art industry". As for whether or not this piece is an "investment". All artwork is worth simply what someone is willing to pay for it. End of story. Buying and selling artwork is not like day trading. It is my belief if you're able to buy a piece of art that you love, and buy it for less than other similar works have sold for, you've made a very sound purchase. I realize some of you hate p1mpdogg, and that's fine. Hate on him. But leave Picasso alone he's uber. :thumbsup |
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ADG |
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PS: Wait until you see my gallery, it's lovely! I'll have to add you to my mail list, sounds like you'd appreciate seeing some of the things passing through my hands. A gay man in the art world. I'm going to earn some serious princess points. |
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I'll be happy to look at your gallery as long as it's not filled with homoerotic stuff (not that there is anything wrong with that - well, except for that Maplethorpe bullwhip in the ass photo, it's just not my thing)... ADG |
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:thumbsup |
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http://www.photochrome.org/images/mo...aby-Stacks.jpg |
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To me, lithographs give individuals an opportunity to own a piece of a work or artist that they wouldn't otherwise be able to. Most people simply can not afford to own "originals" from the famous artists like Picasso or Miro or Chagall. When the lithograph was done during the artists life, and is signed by him/her I see value in that (as does obviously the market). The piece has been touched by its creator. That said, I've never been a huge fan of "after" lithographs, but that's just my personal opinion (many of those fetch incredible prices as well, so obviously the markets opinion of those differs from mine). I'm fortunate to own several original Picasso pieces, and I treasure them as part of history and our cultural heritage. |
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http://mugwump.pitzer.edu/~bkeeley/C...trait_1978.jpg ADG |
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Pimpdog don't forget to post the pics of your art collection with you in front
of it..:thumbsup |
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ADG |
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since you're all so art minded......could Boyalley pull the whip out of pimpies ass? That would be hawt.....I'll pay to see that :thumbsup |
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ADG |
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