Comments on: Art Investment: The Cold Hard Truth pt. 1 – artmarketblog.com

By: Art Investment: The Cold Hard Truth pt. 1 – artmarketblog.com « Topicco – Find, Read, Share

Tue, 21 Dec 2010 05:00:43 +0000

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By: pordenone montanari – postscript « a kick up the arts

pordenone montanari – postscript « a kick up the arts — Wed, 18 Aug 2010 12:01:18 +0000

[...] Art Investment: The Cold Hard Truth pt. 1 – artmarketblog.com (artmarketblog.com) [...]

By: Alexander

Alexander — Tue, 06 Jul 2010 00:28:31 +0000

Good art does play an important role in our society. And yes, it can even change the world. But to assign the label ‘investment’ to the vast majority of it is foolish and indeed, dangerous.

What you are buying when you buy art (unless it is extremely well-established, well-collected and well-exposed, first-rate work) is the artists’ talent. Nothing more. The price anyone pays is really based on the artists talent .

Sad, but true.

By: Valorie Preston

Valorie Preston — Mon, 05 Jul 2010 20:56:07 +0000

I am getting 2 e-mails at the same time. Please cancel this one.

By: Jill Henderson

Jill Henderson — Mon, 05 Jul 2010 14:53:56 +0000

What is this blog about, art investing for dummies ?
I agree with Daria above, if you are writing to encourage people not to invest in living contemporary artists around them please do it with more knowledge and ‘cold hard facts’ . The only ‘cold hard truth’ discovered here is the that the blog writer is not involved or informed about the contemporary art market at all. The nature of any type of investment is that you have, obviously, firstly something to invest with, I think everyone knows that. Collecting contemporary art is of course not to earn quick bucks, art changes our world. If you want to be part of a changing world and the meaning of culture around you collect contemporary art it is invaluable, and good art will hold its value when the monetary systems tank under debt. Buy gold and art if you have money, or just buy contemporary art for quality of life even if you do not.

By: Alexander

Alexander — Thu, 01 Jul 2010 02:19:56 +0000

Thanks so much for bringing this topic up. The concerted effort by contemporary art insiders to prop up the market prior to the recent relevant sales has been a bit hard to stomach at times.