Random Ideas about Value in the Art Market

March 10, 2009 at 8:18 pm | In art investment, art market, art price, art prices, art recession, collecting art, contemporary art | 2 Comments

I just gave an interview on a beginners guide to the contemporary art market and I’m afraid I wasn’t very helpful.  The interviewer kept asking me about value and I kept talking about how necessary art is for the soul.  I think, that’s not what he wanted to hear.  He wanted to hear about how to value art.  Which is a difficult question?  Especially now, when no one knows the value of anything.

So here are some of my ideas about what is and what is not a good value in the contemporary art market.  Please note that this is a very different subject from investing in art.  Art is a crummy monetary investment, even now when prices are getting lower by the minute.  However, a wonderful work of art that you love pays millions of dividends in pleasure and enlightenment. Continue reading Random Ideas about Value in the Art Market…

We need art in our lives not in our portfolios

January 4, 2009 at 9:59 pm | In art investment, art market, art price, art prices, art recession | Leave a Comment

Art is a crummy investment but if you love it and need it,  now is the best time to buy it.  It is a crummy investment because you must love your art, and enjoy it’s pleasures every day.  If you purchase for investment and see dollar signs instead of art, it is not good for the art or for your soul. In the unlikely case your art appreciates in value be very thankful that you did not have to pay more for the same pleasure. Continue reading We need art in our lives not in our portfolios…

May we live in interesting times

October 30, 2008 at 6:35 pm | In Art world, art market, art price, art recession | Leave a Comment

People still need art in their lives, maybe now more than ever.  It’s been quite a month hasn’t it, and the burning question in my world is , “how’s the art market? ” The answer is “sloooow”.    But this will be my fourth recession (if you count the entire decade of the 70′as one), and frankly, in the past I’ve always done  alright in a downturn.  The agenda of my gallery is to provide beautiful, serious art at very reasonable prices.   In hard times, the competition of speculative, market-driven work looks shaky, and my artists are even better values  by comparison.  Still, I dread this  downturn that everyone says is coming.  Continue reading May we live in interesting times…

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