jon11
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June 2007
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DAVID CHOE advice (sorry not banksy related...!), by jon11 on Jul 3, 2008 9:54:12 GMT 1, Hello all,
been thinking about investing in a Choe original - hopefully a fairly large scale piece - where am i best looking for a piece
note - i do say investing - i wish i could be all spiritual and say i'm buying it for the love et etc - which i am - i will only buy what i like and love and have to have BUT i can not afford to blow that kind of coin and have it disappear on me...
therefore i ask you wise people
where is it best to buy a choe - ie gallery, commission, ebay
what are ballpark figures
what do you think about investment future values?
Thanks lots lovelies ;D
Hello all,
been thinking about investing in a Choe original - hopefully a fairly large scale piece - where am i best looking for a piece
note - i do say investing - i wish i could be all spiritual and say i'm buying it for the love et etc - which i am - i will only buy what i like and love and have to have BUT i can not afford to blow that kind of coin and have it disappear on me...
therefore i ask you wise people
where is it best to buy a choe - ie gallery, commission, ebay
what are ballpark figures
what do you think about investment future values?
Thanks lots lovelies ;D
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DAVID CHOE advice (sorry not banksy related...!), by manchestermike on Jul 3, 2008 10:09:16 GMT 1, Laz is the best bet
Original paintings from ยฃ20k + VAT
www.lazinc.com/artists/david-choe/
I'm not a particular fan but think investment wise Choe is solid
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jon11
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DAVID CHOE advice (sorry not banksy related...!), by jon11 on Jul 3, 2008 10:11:52 GMT 1, thanks Mike - on the ball as always
thanks Mike - on the ball as always
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Harveyn
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jon11
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DAVID CHOE advice (sorry not banksy related...!), by jon11 on Jul 3, 2008 10:32:40 GMT 1, that is a beauty - some of the laz pieces i love - but 37.5k... thats big time! - do think they have massive lasting appeal though and represent a great snap shot of the scene now - the talent is immense
that is a beauty - some of the laz pieces i love - but 37.5k... thats big time! - do think they have massive lasting appeal though and represent a great snap shot of the scene now - the talent is immense
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DAVID CHOE advice (sorry not banksy related...!), by Gentle Mental on Jul 3, 2008 10:41:36 GMT 1, levine has one
levine has one
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achtungbono
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DAVID CHOE advice (sorry not banksy related...!), by achtungbono on Jul 3, 2008 11:45:16 GMT 1, If you like it buy it , but Investment ?
quite frankly, he isnt anything remarkable & the teeth grindingly badly staged wild child "rebel" image he nurtures may get him some PR, but if you are planning to retire on your Choe, then I would forget it - unless you plan on retiring & living of the land in a Mumbai rubbish dump
you could buy some decent art for tht type of money
If you like it buy it , but Investment ?
quite frankly, he isnt anything remarkable & the teeth grindingly badly staged wild child "rebel" image he nurtures may get him some PR, but if you are planning to retire on your Choe, then I would forget it - unless you plan on retiring & living of the land in a Mumbai rubbish dump
you could buy some decent art for tht type of money
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hlarmy
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DAVID CHOE advice (sorry not banksy related...!), by hlarmy on Jul 3, 2008 11:51:43 GMT 1, One of the wonders of art ... everyone has a different opinion.
Not everyone has to share the same views on an artist so maybe state your opinion but don't criticise someone else's
One of the wonders of art ... everyone has a different opinion. Not everyone has to share the same views on an artist so maybe state your opinion but don't criticise someone else's
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achtungbono
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DAVID CHOE advice (sorry not banksy related...!), by achtungbono on Jul 3, 2008 11:57:20 GMT 1, no one critisised anyones taste - as I said, if you like & have the money, then buy it
Investment wise- Choe is going he same was as D*face, Dolk, Eelus and Insect and the truly shocking Micallef - maybe nice to look at, but a dead end for an investment
Ugly is timeless
no one critisised anyones taste - as I said, if you like & have the money, then buy it
Investment wise- Choe is going he same was as D*face, Dolk, Eelus and Insect and the truly shocking Micallef - maybe nice to look at, but a dead end for an investment
Ugly is timeless
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jon11
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DAVID CHOE advice (sorry not banksy related...!), by jon11 on Jul 3, 2008 12:12:07 GMT 1, for me - choe has some genius about him that really shows through in his work
i'll be sure to show and take comment on my purchase
for me - choe has some genius about him that really shows through in his work
i'll be sure to show and take comment on my purchase
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hlarmy
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DAVID CHOE advice (sorry not banksy related...!), by hlarmy on Jul 3, 2008 12:12:47 GMT 1, no one critisised anyones taste - as I said, if you like & have the money, then buy it Investment wise- Choe is going he same was as D*face, Dolk, Eelus and Insect and the truly shocking Micallef - maybe nice to look at, but a dead end for an investment Ugly is timeless
It sounded to me like you were, maybe inadvertently, criticising him for his choice of 'investment'. I sit on the same side of the fence as you when it comes to Choe but if we were all as strongly opinionated when it comes to what is and what isn't a good investment we'd all be millionaires in 10 years time (fingers crossed we both will be ).
I'd be interested to hear which artists you'd buy if you had a spare, let's say, ยฃ15k?
no one critisised anyones taste - as I said, if you like & have the money, then buy it Investment wise- Choe is going he same was as D*face, Dolk, Eelus and Insect and the truly shocking Micallef - maybe nice to look at, but a dead end for an investment Ugly is timeless It sounded to me like you were, maybe inadvertently, criticising him for his choice of 'investment'. I sit on the same side of the fence as you when it comes to Choe but if we were all as strongly opinionated when it comes to what is and what isn't a good investment we'd all be millionaires in 10 years time (fingers crossed we both will be ). I'd be interested to hear which artists you'd buy if you had a spare, let's say, ยฃ15k?
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achtungbono
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DAVID CHOE advice (sorry not banksy related...!), by achtungbono on Jul 3, 2008 12:33:06 GMT 1, investment or pleasure ?
investment or pleasure ?
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jon11
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DAVID CHOE advice (sorry not banksy related...!), by jon11 on Jul 3, 2008 12:39:15 GMT 1, i'm looking for both... not necessarily an investment that will make a lot - just hold it's value - i'm hoping i've found that - i'll keep you posted - should go through nx week
i'm looking for both... not necessarily an investment that will make a lot - just hold it's value - i'm hoping i've found that - i'll keep you posted - should go through nx week
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hlarmy
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DAVID CHOE advice (sorry not banksy related...!), by hlarmy on Jul 3, 2008 12:39:15 GMT 1,
In my opinion they're not mutually exclusive ... although I realise that this depends largely on the size of your bank balance
In my opinion they're not mutually exclusive ... although I realise that this depends largely on the size of your bank balance
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achtungbono
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DAVID CHOE advice (sorry not banksy related...!), by achtungbono on Jul 3, 2008 12:43:27 GMT 1, for ยฃ20K $40 K cash you could jet off to the USA and get a good deal on an iconic , top drawer , in demand Warhol and bring it back in yer luggage - thats investment pure and simple and takes advantage of the current economic situation in the States
for ยฃ20K $40 K cash you could jet off to the USA and get a good deal on an iconic , top drawer , in demand Warhol and bring it back in yer luggage - thats investment pure and simple and takes advantage of the current economic situation in the States
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daveart
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DAVID CHOE advice (sorry not banksy related...!), by daveart on Jul 3, 2008 13:50:14 GMT 1, agree with achtungbono. for that kind of money i wouldnt want to spend it on a relatively new artist that hasnt withstood the test of time --- at least 20 years. If you like Choe - artists like warhol, Haring, Lichtenstein, Ruscha all have huge world wide followings and have good prints in your price range. Then again .. there is some artist out right now that will be selling originals for a few million in 30 years .... maybe its Choe. These other artists prints do not have that type of up side .. but probably stand a better chance of not becoming a huge financial loss in 20 years.
agree with achtungbono. for that kind of money i wouldnt want to spend it on a relatively new artist that hasnt withstood the test of time --- at least 20 years. If you like Choe - artists like warhol, Haring, Lichtenstein, Ruscha all have huge world wide followings and have good prints in your price range. Then again .. there is some artist out right now that will be selling originals for a few million in 30 years .... maybe its Choe. These other artists prints do not have that type of up side .. but probably stand a better chance of not becoming a huge financial loss in 20 years.
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angryboy
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DAVID CHOE advice (sorry not banksy related...!), by angryboy on Jul 3, 2008 14:37:45 GMT 1, I think for any investment sticking all your eggs in one basket is madness, it's such a gamble as to who will go up in value you may as well stick it all on number 23 in a game of roulette. It's all about spreading your money about and diversifying your portfolio. Buy 10 artist's ยฃ2k works instead of one ยฃ20k, you only need one to make it and the gains will counteract the other 9 probable duds.
So saying there's always a little place for high risk investments in your portfolio so if you've got a couple of hundred grand invested in other things then ยฃ20k in a painting could provide that 10% of high risk speculation.
I think for any investment sticking all your eggs in one basket is madness, it's such a gamble as to who will go up in value you may as well stick it all on number 23 in a game of roulette. It's all about spreading your money about and diversifying your portfolio. Buy 10 artist's ยฃ2k works instead of one ยฃ20k, you only need one to make it and the gains will counteract the other 9 probable duds.
So saying there's always a little place for high risk investments in your portfolio so if you've got a couple of hundred grand invested in other things then ยฃ20k in a painting could provide that 10% of high risk speculation.
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Heavyconsumer
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DAVID CHOE advice (sorry not banksy related...!), by Heavyconsumer on Jul 3, 2008 15:13:01 GMT 1, I don't know much at all about investment in contemporary art, but Angryboy's comment seems the most sensible reaction so far to me, based on my experience of investing in general - diversification is key to any successful portfolio in general.
Personally I would not bet against Choe to make it, but then I would say that as I'm a fan of some of his work. However, there seem to have been plenty of Neate gallery pieces going unsold at auctions recently and he's certainly another I would consider for that ยฃ20k price bracket, if I were buying a few pieces, but just 1 is a little frightning as it's an "all or nothing" policy. As there are clearly a number of keen sellers out there at the moment, it may even be possible to find a "relative bargain." But if it's money you're after, don't listen to me! I've always been better at spending it than making it! ;D
I don't know much at all about investment in contemporary art, but Angryboy's comment seems the most sensible reaction so far to me, based on my experience of investing in general - diversification is key to any successful portfolio in general.
Personally I would not bet against Choe to make it, but then I would say that as I'm a fan of some of his work. However, there seem to have been plenty of Neate gallery pieces going unsold at auctions recently and he's certainly another I would consider for that ยฃ20k price bracket, if I were buying a few pieces, but just 1 is a little frightning as it's an "all or nothing" policy. As there are clearly a number of keen sellers out there at the moment, it may even be possible to find a "relative bargain." But if it's money you're after, don't listen to me! I've always been better at spending it than making it! ;D
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lee3
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DAVID CHOE advice (sorry not banksy related...!), by lee3 on Jul 3, 2008 16:23:27 GMT 1, >>>- i will only buy what i like and love and have to have BUT i can not afford to blow that kind of coin and have it disappear on me...<<<
I think this is a very fair consideration especially at prices like this. Nobody wants to be out that kind of money. If you're considering buying/investing in work at that price, I take it for granted that you're in love with the work. There is plenty of other art out there at that price level one can buy that they love. That said, you need to look at this equation as to what is your downside? Suppose the credit crunch continues, do you think Choe could trade at a 50% discount which might force you to move your painting in a fire sale? I do believe the global economy is in shaky shape and we're one middle east confrontation away from maybe everything we all own (save for gold and oil exposure) being down 25% overnight. If you can handle the worst case and you love the work, than buy it. Personally, I think Choe has significant long term upside but I am of course biased as I love the work and have yet to meet any other artist in my collecting career that I believe has such an amazing command of the fundamentals mixed with that special intangible that creates wonderful compositions for a viewer like me.
>>>where is it best to buy a choe - ie gallery, commission, ebay<<<
I'm not an ebay guy and Choe is done with commissions. As others said, your best bet is Laz which has a decent supply and Levine which has 2 pieces last I checked.
>>>some of the laz pieces i love - but 37.5k... thats big time<<<
If I remember correctly, that is for Styrofoam Ark and Stereo Confessions and the reason for the premuim on that painting is that it will be a print.
>>>Investment wise- Choe is going he same was as D*face, Dolk, Eelus and Insect and the truly shocking Micallef - maybe nice to look at, but a dead end for an investment<<<
FWIW, I disagree with that sentiment.
>>>for ยฃ20K $40 K cash you could jet off to the USA and get a good deal on an iconic , top drawer , in demand Warhol and bring it back in yer luggage - thats investment pure and simple and takes advantage of the current economic situation in the States <<<
Please. What in heavens name are you going to buy that is Warhol for $40k that you consider iconic? I'll help you out here, NOTHING. There is not one thing in the Warhol portfolio that is iconic that you are going to buy for $40k today. Horrific paintings start at about $75k today and decent/average tiny ones (8x10 inches) are going to cost you $150k minimum. Yes, you can buy a print or two but certainly nothing iconic. The electirc chair prints are nice but they're not iconic imo like the canvases are. Those prints have always been VERY difficult sells and even they cost $20k. There are precious few Warhol prints that I consider iconic. Mao will run you $75k to $110k and Marilyn will run you $150k min and $250k max. Those are the only 2 prints that I truly consider iconic. The soup cans are nice especially if you have the entire portfolio but one or two of them is underwhelming and I would caution anyone buying those if investment is part of the equation.
Further, I don't know why you think you're going to get Warhol any cheaper in the US than anywhere else in the world. He is international in demand and only a fool would think that a currecny differential equates to a "deal" on a Warhol.
Lastly, a print from my vantage point has a much less chance of appreciation than an original by any artist with serious talent. We can debate all day long whether or not Choe has talent and I'll leave that for you all to decide. But, I will say that at the price of the most expensive Choe at Laz, $75k- I think you're nuts to buy a print instead if investment is part of the buying equation.
>>>- i will only buy what i like and love and have to have BUT i can not afford to blow that kind of coin and have it disappear on me...<<<
I think this is a very fair consideration especially at prices like this. Nobody wants to be out that kind of money. If you're considering buying/investing in work at that price, I take it for granted that you're in love with the work. There is plenty of other art out there at that price level one can buy that they love. That said, you need to look at this equation as to what is your downside? Suppose the credit crunch continues, do you think Choe could trade at a 50% discount which might force you to move your painting in a fire sale? I do believe the global economy is in shaky shape and we're one middle east confrontation away from maybe everything we all own (save for gold and oil exposure) being down 25% overnight. If you can handle the worst case and you love the work, than buy it. Personally, I think Choe has significant long term upside but I am of course biased as I love the work and have yet to meet any other artist in my collecting career that I believe has such an amazing command of the fundamentals mixed with that special intangible that creates wonderful compositions for a viewer like me.
>>>where is it best to buy a choe - ie gallery, commission, ebay<<<
I'm not an ebay guy and Choe is done with commissions. As others said, your best bet is Laz which has a decent supply and Levine which has 2 pieces last I checked.
>>>some of the laz pieces i love - but 37.5k... thats big time<<<
If I remember correctly, that is for Styrofoam Ark and Stereo Confessions and the reason for the premuim on that painting is that it will be a print.
>>>Investment wise- Choe is going he same was as D*face, Dolk, Eelus and Insect and the truly shocking Micallef - maybe nice to look at, but a dead end for an investment<<<
FWIW, I disagree with that sentiment.
>>>for ยฃ20K $40 K cash you could jet off to the USA and get a good deal on an iconic , top drawer , in demand Warhol and bring it back in yer luggage - thats investment pure and simple and takes advantage of the current economic situation in the States <<<
Please. What in heavens name are you going to buy that is Warhol for $40k that you consider iconic? I'll help you out here, NOTHING. There is not one thing in the Warhol portfolio that is iconic that you are going to buy for $40k today. Horrific paintings start at about $75k today and decent/average tiny ones (8x10 inches) are going to cost you $150k minimum. Yes, you can buy a print or two but certainly nothing iconic. The electirc chair prints are nice but they're not iconic imo like the canvases are. Those prints have always been VERY difficult sells and even they cost $20k. There are precious few Warhol prints that I consider iconic. Mao will run you $75k to $110k and Marilyn will run you $150k min and $250k max. Those are the only 2 prints that I truly consider iconic. The soup cans are nice especially if you have the entire portfolio but one or two of them is underwhelming and I would caution anyone buying those if investment is part of the equation.
Further, I don't know why you think you're going to get Warhol any cheaper in the US than anywhere else in the world. He is international in demand and only a fool would think that a currecny differential equates to a "deal" on a Warhol.
Lastly, a print from my vantage point has a much less chance of appreciation than an original by any artist with serious talent. We can debate all day long whether or not Choe has talent and I'll leave that for you all to decide. But, I will say that at the price of the most expensive Choe at Laz, $75k- I think you're nuts to buy a print instead if investment is part of the buying equation.
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jon11
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June 2007
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DAVID CHOE advice (sorry not banksy related...!), by jon11 on Jul 4, 2008 8:04:54 GMT 1, some amazingly insightful and intelligent advise - thank you all - i may well have a deal cooking and i'll be sure to let you all know the outcome - thanks again, great stuff
particularly to lee3 - really on the ball! - cheers
some amazingly insightful and intelligent advise - thank you all - i may well have a deal cooking and i'll be sure to let you all know the outcome - thanks again, great stuff
particularly to lee3 - really on the ball! - cheers
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rhinomilk
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DAVID CHOE advice (sorry not banksy related...!), by rhinomilk on Jul 11, 2008 19:06:54 GMT 1, does anyone know what you'd expect to pay for a older and smaller choe pieces nowadays? (like something similar to a Skrunchface drawing or a small soy sauce piece). i haven't seen anything similar go on ebay (although there was that moped piece.. but i forgot how much that went for)
does anyone know what you'd expect to pay for a older and smaller choe pieces nowadays? (like something similar to a Skrunchface drawing or a small soy sauce piece). i haven't seen anything similar go on ebay (although there was that moped piece.. but i forgot how much that went for)
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lee3
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DAVID CHOE advice (sorry not banksy related...!), by lee3 on Jul 11, 2008 19:30:57 GMT 1, Rhino, it certainly depends on size, detail and how motivated the seller is. I don't follow ebay but i'm not aware of much turnover with his paintings, watercolors, or drawings. I'd guess a minimum of $1500 (US) and a maximum of $7500 for graphite on a normal 11x8 inch piece of paper but that is purely a guess.
Rhino, it certainly depends on size, detail and how motivated the seller is. I don't follow ebay but i'm not aware of much turnover with his paintings, watercolors, or drawings. I'd guess a minimum of $1500 (US) and a maximum of $7500 for graphite on a normal 11x8 inch piece of paper but that is purely a guess.
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