LJCal
Junior Member
🗨️ 2,980
👍🏻 4,523
December 2019
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Art as an investment , by LJCal on Jul 15, 2023 0:31:10 GMT 1, A lot of crystal ball gazing, the only certainty right now is uncertainty. All I'd say is that many markets have got very carried away in the last few years and not behaved particularly rationally, greed and fear on steroids. Prices got way too ahead of themselves on the way up and basically became detached from logic, I'd say there is certainly a chance things are going the other way and people are being a little hysterical with the selling. Personally if you're buying decent stuff from established artists at realistic valuations and willing to sit on it a few years now is a great opportunity to add works to your collection, especially works you love that may become unattainable in 3-5 years.
A lot of crystal ball gazing, the only certainty right now is uncertainty. All I'd say is that many markets have got very carried away in the last few years and not behaved particularly rationally, greed and fear on steroids. Prices got way too ahead of themselves on the way up and basically became detached from logic, I'd say there is certainly a chance things are going the other way and people are being a little hysterical with the selling. Personally if you're buying decent stuff from established artists at realistic valuations and willing to sit on it a few years now is a great opportunity to add works to your collection, especially works you love that may become unattainable in 3-5 years.
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Art as an investment , by House of Arts on Jul 15, 2023 2:05:52 GMT 1, My walls are full, 99% of what's being released looks like utter shit to me, and the few things that get released that i do like get snapped up by bots and overhyped flippers within seconds so...nah I'm not buying 
My walls are full, 99% of what's being released looks like utter shit to me, and the few things that get released that i do like get snapped up by bots and overhyped flippers within seconds so...nah I'm not buying |
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Art as an investment , by Lord Elrond on Jul 17, 2023 8:50:26 GMT 1,
Christie’s turnover in 2022 was $5.8 billion. This was over one third (35%) of all auction turnover globally. Coming on for half of this turnover was attributed to the Bass, Allen and Amman private collections which Christie’s beat Sotheby’s to. These three extraordinary collections alone amounted to $2.4 billion (41%) of Christie’s turnover last year. 40 of the 100 highest results of 2022 came from those three collections. Sotheby’s had no answer to these three collections and turnover at Sotheby’s was less than Christie’s at $3.9 billion. The confluence of the Bass, Allen and Amman private collections in 2022 created a level that Christie’s was arguably never going to match in 2023 regardless of the macro environment. I kept this all in mind whilst I was reading the Christie's 2023 half yearly report [link].
Christie’s turnover in 2022 was $5.8 billion. This was over one third (35%) of all auction turnover globally. Coming on for half of this turnover was attributed to the Bass, Allen and Amman private collections which Christie’s beat Sotheby’s to. These three extraordinary collections alone amounted to $2.4 billion (41%) of Christie’s turnover last year. 40 of the 100 highest results of 2022 came from those three collections. Sotheby’s had no answer to these three collections and turnover at Sotheby’s was less than Christie’s at $3.9 billion. The confluence of the Bass, Allen and Amman private collections in 2022 created a level that Christie’s was arguably never going to match in 2023 regardless of the macro environment. I kept this all in mind whilst I was reading the Christie's 2023 half yearly report [ link]. |
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muddy
New Member
🗨️ 19
👍🏻 5
March 2022
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Art as an investment , by muddy on Aug 1, 2023 19:39:28 GMT 1, everything has its good side and its bad side. Now I have been able to get some pieces of artists who had difficult access
everything has its good side and its bad side. Now I have been able to get some pieces of artists who had difficult access
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Art as an investment , by Daniel Silk on Nov 12, 2024 10:55:10 GMT 1, Since the pandemic it's become common on TV News to see interviews with Financial, Investment, Economy Experts via video calls recorded in their homes. Are you like me, in that I always look in the background at their Furniture and Art.
It's amazing how so many "experts" seem to have very little taste 😂 and that have completely empty walls, with no art at all!
Have you noticed anyone on the news who does have a good Art Collection on display in the background?
Since the pandemic it's become common on TV News to see interviews with Financial, Investment, Economy Experts via video calls recorded in their homes. Are you like me, in that I always look in the background at their Furniture and Art.
It's amazing how so many "experts" seem to have very little taste 😂 and that have completely empty walls, with no art at all!
Have you noticed anyone on the news who does have a good Art Collection on display in the background?
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