Thank you Robin M. for your purchase! She decided to hang this “Gambe Lunghe” giclée in her home and was thoughtful enough to send me a photograph of it. As much as you enjoy looking at it, I enjoyed creating it. This piece and many others are available for purchase at NavarroGallery.com. #mark_a_navarro #markanavarro #navarrogallery.com #fineart #commission #photography #design
Art has shown long-term returns that rival bonds
By Pippa Stevens
Art is a popular alternative investment opportunity, but how do you get in on the ground floor?
Before we start, it is important to underline exactly what makes some artworks so highly sought-after by investors.
The key word here is investment. Many are drawn to the market because of the returns that can be gained should an investor work hard to identify which paintings stand the most chance of rising in value over time.
Reporting on the art market in 2017, Artprice unveiled statistics that do a remarkable job of illustrating this – showing why art can be such an attractive alternative investment if the right moves are made.
Consider Jim Crow (1986) by Jean-Michel Basquiat. In December 1992 it fetched $136,367 at auction. Last year, the painting sold for $17,680,936 at Christie’s Paris.
Other notable stock sales throughout 2017 include All I’ve Heard (1988) by Richard Prince for $2,532,500 (auctioned for $38,125 in 2000) and Concetto spaziale, Attese (1962-1963) by Lucio Fontana for $4,957,024 (auctioned for $84,630 in 1997).
Fine Art Can Be a Fine Investment
By Stephanie Barton
The fine art market is booming: It seems like every day, another auction record is set for “the highest price ever paid [fill in artist’s name here].” So what does that mean for the painting you bought to match your sofa a few years back? It may increase in worth, or it may be as salable as your kid’s pasta-filled craft project.
So how do you tell? Well, as with any investment, you need to do your research and go beyond your comfort zone. The art market is fickle, and there are no guarantees of profitability, but with a little legwork and forethought, you can fill your home with images that may prove worthy assets down the line. Consider these tips for choosing fine art and identifying the Michelangelo from the macaroni. Read Full Article…