Click Here to see the latest posts! Ask any questions related to business / entrepreneurship / money-making / life NO BLATANT ADS PLEASE
Stay up to date! Get email notifications or |
|
|
Thread Tools | Search this Thread | Display Modes |
#1
|
|||
|
|||
Re: Investing in ART...how is it done? I could use help on my new discovery...
Hi Gordon,
Just a quick note. My cousin was actually in the African Art business a few years ago. His paintings were also in $1000+(CAN) price range. I believe he also had an association with David Suzuki but I'm not sure. I will contact him tonight to provide some insights into the potential for this type of business. I'll post back as soon as I get some info. Duane > Dear Group, > During the day I am a Teacher/Mentor at a > Community Technology Center. Recently a > popular LOCAL artist came in to learn how to > build a website. Using Mike McGroarty's > video, he was able to build a site (soon to > be uploaded) using Front Page. > Now, through the grapevine, I learned this > artist is about to have a > "breakout"...and his work is going > to become better known. I think it is going > to happen because of someone of reknown (a > local celebrity) is hot on his art. > So, before Hollywood discovers him, and his > prices go through the roof, I'd like to buy > several pieces. To speculate. > His art is, how do I say it?, a little > "racy" for my tastes, and he does > produce some very sensual work. Like I say, > it wouldn't hang in MY living room, but some > of it, like the one he has up for auction, > might fit in my office. In fact, this is the > one I'm going to bid on. > Now I understand that most people buy art > because they appreciate it, and like all > collectibles, it has a certain meaning to > them...but and I hope you don't think I'm > crass about it, but honestly, > to me it is CHATTEL. And I like to buy low > and sell HIGH. > Now I'm not experienced with art at all...I > do know that once an artist is discovered, > his work becomes really hot, and prices go > through the roof. I am also familar with > Dean DuVall and his method of getting up to > 10,000.00 for one of his original paintings. > Now that Dean has been discovered (by using > his own unique method), several Hollywood > art collectors are buying everything he > produces. > Just in case the same thing would happen > with this local artist, I'd like to ride the > wave and cash in. > Here is his first auction, and I've seen > this painting and it is gorgeous...and > sensual without being too suggestive, > although his art appears to fall into one of > three catagories: > 1) Afro-centric with strong Mother-Child > themes. > 2) Sensual without being erotic. > 3) Semi-erotic sculptures, meaning there is > nudity but not suggestively. > The painting DEADLINE, which is the first > one he has put up on auction is one I'd like > to bid on. > If there are any art specualators among us, > or people who know about these things, > please send me an email or you can post here > too. > I do know that people love to collect art, > and that there is a huge > "speculation" market for unknown > and undiscovered artists. > If this fellow hits the big time, I'd like > to cash in, and enjoy his success too. > Thanks for any hints or help on this. > OH, one thing. His work sells here in Akron > and it isn't dirt cheap. I see so many > pieces being sold for just a couple of > hundred dollars, he won't do that. He'd > rather let it sit than to let it go under > what he believes it should sell for. Is this > good thinking? Or would he be better served > by getting some of his stuff out of town and > on display? > > http://page.auctions.shopping.yahoo.com/auction/64328783?aucview=0x31 > PS. And NOT that this is relevant to the > art, but he is an African-American Artist > and has a lot of work with African themes, > especially African Women and their Children. > I mention this because he would like to have > the Black community recognize his work and > they are a big part of his target market. > HOWEVER, as an "undiscovered" > artist, he still needs to pay the bills and > eat once in awhile, and the only color he > wants to see right now is GREEN, as in > dollars. > Also, does anyone have any experience with a > Patron? Someone who subsidizes artists in > the hope of them becoming big? Sort of like > Angel investors in business. > Thanks for all your help on this, I find the > whole thing very interesting. |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Other recent posts on the forum...
Get the report on Harvey Brody's Answers to a Question-Oriented-Person