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Pastimes : Fine Art, Fine Wine and Collectables as Investments -- Ignore unavailable to you. Want to Upgrade?


To: Tom Clarke who wrote (50)7/13/1999 10:21:00 AM
From: R.E.B.  Read Replies (1) | Respond to of 68
 
Hi Charles, can I jump in here real quick. With regard to paintings, you have to first determine the type of art; fine art, regional art or contemporary art. With fine art (works that sell everywhere and are often seen in museums) check out ARTNET.COM for auction records and compare quality and image types. For regional art (eg. New York, New Mexico, Texas) you have to look for specialty books about the EARLY ART from the region to know you've found a good value. For contemporary art, I can't help you. You will always risk paying too much for contemporary art by living artists. It may be trendy, overpriced and there may be no secondary market. Personally I would not put some of the contemporary art out there in my dog's house.

As for prints, unless it is a fine art print (eg. Mary Bonner) don't buy them for investment, especially Kinkade because the values just don't hold. Buy them for looks and decoration. Viktor Shvaiko puts out a serigraph canvas print that is a low edition and there is already value on the secondary market. He is sold in over 200 galleries all over the country.

Finally, if an artist is worth buying there should be something about them on the internet. The best search engine for art that I have found is altavista.

R.E.B.