Winter
Junior Member
Posts • 7,139
Likes • 4,444
March 2007
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Good investment?, by Winter on Nov 23, 2014 12:16:52 GMT 1, So many 'urban' artists have come and gone on this forum over the years I'd be very careful. In years to come you'll look back and wish you had stretched to a Banksy as he'll be one of the few that will be remembered from this scene.
So many 'urban' artists have come and gone on this forum over the years I'd be very careful. In years to come you'll look back and wish you had stretched to a Banksy as he'll be one of the few that will be remembered from this scene.
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Deleted
Posts • 0
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January 1970
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Good investment?, by Deleted on Nov 23, 2014 14:47:22 GMT 1,
www.philip-harris.com
www.patriciavolk.co.uk/
Her sculptures are realising good prices at auctions and her small sculptures are very affordable.
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Bbb
New Member
Posts • 96
Likes • 26
April 2006
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Good investment?, by Bbb on Nov 23, 2014 15:38:47 GMT 1, Investments - banksy, Paul insect, dolk, Maya Hayuk, invader....more importantly you got to love it though.
Right now, Maya hayuk is probably a good buy given the demand for her work and lack of pieces available/ very low print runs. Always worth looking for the artists with a global following whose work appeals to a broad base. She certainly falls into that category and her work is beautiful which is the key.
Investments - banksy, Paul insect, dolk, Maya Hayuk, invader....more importantly you got to love it though.
Right now, Maya hayuk is probably a good buy given the demand for her work and lack of pieces available/ very low print runs. Always worth looking for the artists with a global following whose work appeals to a broad base. She certainly falls into that category and her work is beautiful which is the key.
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Good investment?, by Coach on Nov 23, 2014 18:44:13 GMT 1, I've been an admirer of Patricia Volk's work for many years. She is fabulous. And a very nice lady too. This is a sculpture that I,ve owned for 15-20 years. A friend has a huge blue head. It's fabulous!
I've been an admirer of Patricia Volk's work for many years. She is fabulous. And a very nice lady too. This is a sculpture that I,ve owned for 15-20 years. A friend has a huge blue head. It's fabulous!
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anodyne13
New Member
Posts • 432
Likes • 212
April 2008
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Good investment?, by anodyne13 on Nov 24, 2014 7:07:04 GMT 1, I've said it before, but buying art, especially urban art, is not an investment, its speculation. If you are going to speculate on art, be sure you don't actually need that money for something else.
I've said it before, but buying art, especially urban art, is not an investment, its speculation. If you are going to speculate on art, be sure you don't actually need that money for something else.
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Deleted
Posts • 0
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January 1970
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Good investment?, by Deleted on Nov 24, 2014 14:11:21 GMT 1, I've said it before, but buying art, especially urban art, is not an investment, its speculation. If you are going to speculate on art, be sure you don't actually need that money for something else. I know many people who would disagree and have made a ton of money on urban artwork, hundreds of thousands of dollars. Its completely an investment if you're serious and have the knack and foresight of picking the right artists and the right pieces of art. For example, investing in Kaws in the late 90's-2000's, Banksy in the early 2000's and Futura throughout the 80-s2000's seem like great choices now, dont they? What about Barry Mcgee, and Margaret Kilgallen? Buying a collection of their work would have been a great investment as well. Now, imagine you had all of them in your collection.
Collecting art is frivolous, a collector should not need the money, it should not be their entire savings acct, thats called gambling. But, making the right decisions, guesses sometimes and following your gut can result in some serious profits.
If you havent read it, read it ladies and gents. www.amazon.ca/Collecting-Contemporary-Art-Adam-Lindemann/dp/3836523086
I've said it before, but buying art, especially urban art, is not an investment, its speculation. If you are going to speculate on art, be sure you don't actually need that money for something else. I know many people who would disagree and have made a ton of money on urban artwork, hundreds of thousands of dollars. Its completely an investment if you're serious and have the knack and foresight of picking the right artists and the right pieces of art. For example, investing in Kaws in the late 90's-2000's, Banksy in the early 2000's and Futura throughout the 80-s2000's seem like great choices now, dont they? What about Barry Mcgee, and Margaret Kilgallen? Buying a collection of their work would have been a great investment as well. Now, imagine you had all of them in your collection. Collecting art is frivolous, a collector should not need the money, it should not be their entire savings acct, thats called gambling. But, making the right decisions, guesses sometimes and following your gut can result in some serious profits. If you havent read it, read it ladies and gents. www.amazon.ca/Collecting-Contemporary-Art-Adam-Lindemann/dp/3836523086
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gorkie
New Member
Posts • 762
Likes • 696
June 2011
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Good investment?, by gorkie on Nov 24, 2014 18:29:06 GMT 1, That's a fun book. Love it.
That's a fun book. Love it.
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anodyne13
New Member
Posts • 432
Likes • 212
April 2008
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Good investment?, by anodyne13 on Nov 24, 2014 20:31:43 GMT 1, I've said it before, but buying art, especially urban art, is not an investment, its speculation. If you are going to speculate on art, be sure you don't actually need that money for something else. I know many people who would disagree and have made a ton of money on urban artwork, hundreds of thousands of dollars. Its completely an investment if you're serious and have the knack and foresight of picking the right artists and the right pieces of art. For example, investing in Kaws in the late 90's-2000's, Banksy in the early 2000's and Futura throughout the 80-s2000's seem like great choices now, dont they? What about Barry Mcgee, and Margaret Kilgallen? Buying a collection of their work would have been a great investment as well. Now, imagine you had all of them in your collection. Collecting art is frivolous, a collector should not need the money, it should not be their entire savings acct, thats called gambling. But, making the right decisions, guesses sometimes and following your gut can result in some serious profits. If you havent read it, read it ladies and gents. www.amazon.ca/Collecting-Contemporary-Art-Adam-Lindemann/dp/3836523086 Lots of people can make money speculating on art and other collectibles, but its still speculating not investing.
I've said it before, but buying art, especially urban art, is not an investment, its speculation. If you are going to speculate on art, be sure you don't actually need that money for something else. I know many people who would disagree and have made a ton of money on urban artwork, hundreds of thousands of dollars. Its completely an investment if you're serious and have the knack and foresight of picking the right artists and the right pieces of art. For example, investing in Kaws in the late 90's-2000's, Banksy in the early 2000's and Futura throughout the 80-s2000's seem like great choices now, dont they? What about Barry Mcgee, and Margaret Kilgallen? Buying a collection of their work would have been a great investment as well. Now, imagine you had all of them in your collection. Collecting art is frivolous, a collector should not need the money, it should not be their entire savings acct, thats called gambling. But, making the right decisions, guesses sometimes and following your gut can result in some serious profits. If you havent read it, read it ladies and gents. www.amazon.ca/Collecting-Contemporary-Art-Adam-Lindemann/dp/3836523086Lots of people can make money speculating on art and other collectibles, but its still speculating not investing.
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Matt
Junior Member
Posts • 2,349
Likes • 3,436
September 2014
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Good investment?, by Matt on Nov 24, 2014 20:54:24 GMT 1, There are a lot of street art experts here, and some art experts in general, in both cases more expert than i will ever be. But I'm not sure there are as many investment experts
I know more about investing, than art. So I make a living investing, and that pays for my art obsession I don't mix the two.
Here are my 2c :
If you are thinking about investing in anything, a few general pointers to consider : - You don't need to care about / know the product, the opposite even helps. - You do however need to know the market and its drivers left right and center, as well as the market makers (in this case galleries, not forums) - When everyone tells you "this is a great investment" it probably isn't, and if it is, it's too late for the big bucks. - 2K is not investment money, it is spending money, unless you get very very very lucky (and by that I mean you are probably better off buying 2K worth of lottery tickets)
If you do want to invest in art here is a thought : - Get 200K at least - Spend half on Banksy. You probably will not make the recent multiples, but if all else fails you will recover a fair part of your investment - Spend a quarter on established artist which should rise, and maybe really rise. For this be close to the galleries, not the forum - Spend the rest on unknown artists, and admit you have no clue, but something huge might happen (that "next banksy" is yet to come, so who knows)
If you have 2k you can do 2 things : - Buy stuff you love looking at, and make money elsewhere - Buy loads of really cheap prints, and pray. But don't get your hopes up
There are a lot of street art experts here, and some art experts in general, in both cases more expert than i will ever be. But I'm not sure there are as many investment experts I know more about investing, than art. So I make a living investing, and that pays for my art obsession I don't mix the two. Here are my 2c : If you are thinking about investing in anything, a few general pointers to consider : - You don't need to care about / know the product, the opposite even helps. - You do however need to know the market and its drivers left right and center, as well as the market makers (in this case galleries, not forums) - When everyone tells you "this is a great investment" it probably isn't, and if it is, it's too late for the big bucks. - 2K is not investment money, it is spending money, unless you get very very very lucky (and by that I mean you are probably better off buying 2K worth of lottery tickets) If you do want to invest in art here is a thought : - Get 200K at least - Spend half on Banksy. You probably will not make the recent multiples, but if all else fails you will recover a fair part of your investment - Spend a quarter on established artist which should rise, and maybe really rise. For this be close to the galleries, not the forum - Spend the rest on unknown artists, and admit you have no clue, but something huge might happen (that "next banksy" is yet to come, so who knows) If you have 2k you can do 2 things : - Buy stuff you love looking at, and make money elsewhere - Buy loads of really cheap prints, and pray. But don't get your hopes up
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Deleted
Posts • 0
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January 1970
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Good investment?, by Deleted on Nov 24, 2014 21:25:33 GMT 1, I know many people who would disagree and have made a ton of money on urban artwork, hundreds of thousands of dollars. Its completely an investment if you're serious and have the knack and foresight of picking the right artists and the right pieces of art. For example, investing in Kaws in the late 90's-2000's, Banksy in the early 2000's and Futura throughout the 80-s2000's seem like great choices now, dont they? What about Barry Mcgee, and Margaret Kilgallen? Buying a collection of their work would have been a great investment as well. Now, imagine you had all of them in your collection. Collecting art is frivolous, a collector should not need the money, it should not be their entire savings acct, thats called gambling. But, making the right decisions, guesses sometimes and following your gut can result in some serious profits. If you havent read it, read it ladies and gents. www.amazon.ca/Collecting-Contemporary-Art-Adam-Lindemann/dp/3836523086Lots of people can make money speculating on art and other collectibles, but its still speculating not investing. I see what youve done here. Yes youre right, by Dictionary definition. What is an investment thats not speculative?
I know many people who would disagree and have made a ton of money on urban artwork, hundreds of thousands of dollars. Its completely an investment if you're serious and have the knack and foresight of picking the right artists and the right pieces of art. For example, investing in Kaws in the late 90's-2000's, Banksy in the early 2000's and Futura throughout the 80-s2000's seem like great choices now, dont they? What about Barry Mcgee, and Margaret Kilgallen? Buying a collection of their work would have been a great investment as well. Now, imagine you had all of them in your collection. Collecting art is frivolous, a collector should not need the money, it should not be their entire savings acct, thats called gambling. But, making the right decisions, guesses sometimes and following your gut can result in some serious profits. If you havent read it, read it ladies and gents. www.amazon.ca/Collecting-Contemporary-Art-Adam-Lindemann/dp/3836523086Lots of people can make money speculating on art and other collectibles, but its still speculating not investing. I see what youve done here. Yes youre right, by Dictionary definition. What is an investment thats not speculative?
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South Bound
Junior Member
Posts • 1,483
Likes • 1,125
May 2014
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Good investment?, by South Bound on Nov 25, 2014 2:03:55 GMT 1, I read this thread and think that some confuse buying art in hopes it is a good investment and buying in hopes that they win the lottery. If you purchase a piece and re-sell it a few years down the road and make double your money then I consider that a good investment, you don't need buy a print for $500 and resell it for 50k to consider it well invested money.
So it really does not matter if your purchase art that costs $50 or $50,000, it's just a matter of how deep down the rabbit hole you want go. I have a ton of prints that I purchased for $250 and can resell right now for $500 - $600, I consider that money well invested.
But I also don't buy art in hope of riches. I just want to be happy with my surroundings and know that I can resell and upgrade my art becuase my current art has risen in value.
I read this thread and think that some confuse buying art in hopes it is a good investment and buying in hopes that they win the lottery. If you purchase a piece and re-sell it a few years down the road and make double your money then I consider that a good investment, you don't need buy a print for $500 and resell it for 50k to consider it well invested money.
So it really does not matter if your purchase art that costs $50 or $50,000, it's just a matter of how deep down the rabbit hole you want go. I have a ton of prints that I purchased for $250 and can resell right now for $500 - $600, I consider that money well invested.
But I also don't buy art in hope of riches. I just want to be happy with my surroundings and know that I can resell and upgrade my art becuase my current art has risen in value.
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curiousgeorge
Junior Member
Posts • 5,833
Likes • 1,091
March 2007
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Good investment?, by curiousgeorge on Nov 25, 2014 2:07:19 GMT 1, Same advice as ever. Buy what you like to look at and not what might make you money. Not a personal attack on the OP. And as for you Christian my little crusader, the only thing worse than someone with an opinion is someone else that tries to shout down that opinion by branding people as facists and turning it personal. Yes that's you. The reason its damaging comes from my and possibly others experience of buying art. Huge Banksy fan for years but didn't realise about buying prints until late and couldn't justify spending £1k + on signed paper. By the time I'd figured out how it works they were £2k. So I saved my hard earned cash to get one, but by then art investors had jumped on board and pretty much overnight pushed prices way beyond my reach. So yes bitter by the fact that people with easy disposable income that don't really know what they are buying can screw over others that are passionate about the imagery and what it means to them. I can deal with that because it's thecway of the world but don't expect a helping hand in doing that by asking for advice. Hope that helps. Nothing personal dude and again sorry for your loss. No offence at all but the vultures arrived and were in full effect way before you had 1k to spend.Without a doubt there has been some shady activity over the last few years, but as diehard fan you forgot to mention the main factor in the price hikes. Which has been "no more fcking prints" if it's true or not who knows.What is true is he has not released prints in large numbers for years. The main factor is supply and demand, of course some people have taken advantage of this.
Tell you what is sad is to watch you throw toys out of the pram because you didn't get aboard the gravy train in time.Then crack jokes regarding coke and eastern european prostitutes…….Ahh human trafficking and prostitution is such a laugh…
Owning Banksy prints ain't all its cracked up to be www.antonymicallef.com/projects.html
scroll to The Journey 2009
Same advice as ever. Buy what you like to look at and not what might make you money. Not a personal attack on the OP. And as for you Christian my little crusader, the only thing worse than someone with an opinion is someone else that tries to shout down that opinion by branding people as facists and turning it personal. Yes that's you. The reason its damaging comes from my and possibly others experience of buying art. Huge Banksy fan for years but didn't realise about buying prints until late and couldn't justify spending £1k + on signed paper. By the time I'd figured out how it works they were £2k. So I saved my hard earned cash to get one, but by then art investors had jumped on board and pretty much overnight pushed prices way beyond my reach. So yes bitter by the fact that people with easy disposable income that don't really know what they are buying can screw over others that are passionate about the imagery and what it means to them. I can deal with that because it's thecway of the world but don't expect a helping hand in doing that by asking for advice. Hope that helps. Nothing personal dude and again sorry for your loss. No offence at all but the vultures arrived and were in full effect way before you had 1k to spend.Without a doubt there has been some shady activity over the last few years, but as diehard fan you forgot to mention the main factor in the price hikes. Which has been "no more fcking prints" if it's true or not who knows.What is true is he has not released prints in large numbers for years. The main factor is supply and demand, of course some people have taken advantage of this. Tell you what is sad is to watch you throw toys out of the pram because you didn't get aboard the gravy train in time.Then crack jokes regarding coke and eastern european prostitutes…….Ahh human trafficking and prostitution is such a laugh… Owning Banksy prints ain't all its cracked up to be www.antonymicallef.com/projects.htmlscroll to The Journey 2009
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anodyne13
New Member
Posts • 432
Likes • 212
April 2008
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Good investment?, by anodyne13 on Nov 25, 2014 2:26:23 GMT 1, Lots of people can make money speculating on art and other collectibles, but its still speculating not investing. I see what youve done here. Yes youre right, by Dictionary definition. What is an investment thats not speculative? I believe the idea is that in an investment you are looking for the actual production of an asset to determine what is a fair risk/return (equities, real estate,). In speculation, especially in art, gold, etc. the asset that you are targeting does not really produce anything (or you ignore its production). Value is only determined by the price experienced from supply/demand.
The only reason I think its important to understand the distinction is that I think people should do a fair amount of investing before they engage in speculation, because speculation is far more risky. There is nothing wrong with speculation, but better to know what you are getting into if you are not buying art for any of its other societal and cultural benefits.
Lots of people can make money speculating on art and other collectibles, but its still speculating not investing. I see what youve done here. Yes youre right, by Dictionary definition. What is an investment thats not speculative? I believe the idea is that in an investment you are looking for the actual production of an asset to determine what is a fair risk/return (equities, real estate,). In speculation, especially in art, gold, etc. the asset that you are targeting does not really produce anything (or you ignore its production). Value is only determined by the price experienced from supply/demand. The only reason I think its important to understand the distinction is that I think people should do a fair amount of investing before they engage in speculation, because speculation is far more risky. There is nothing wrong with speculation, but better to know what you are getting into if you are not buying art for any of its other societal and cultural benefits.
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Deleted
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January 1970
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Good investment?, by Deleted on Nov 25, 2014 15:57:11 GMT 1, Fully agree.
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Deleted
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January 1970
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Good investment?, by Deleted on Nov 26, 2014 0:05:36 GMT 1, If it was easy to predict good art for investment. We would all be millionaires Rodney.
If it was easy to predict good art for investment. We would all be millionaires Rodney.
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