[Leica] The Art Market (Contd)

[imra at iol.ie (Douglas Barry)]

Jim, Jayanand, I watched it live from Christie's website being bid to 
USD152,000,000 plus fees in a matter of minutes. The most amount of money 
I've ever seen spent on art in such a short time! Mind you it is a stonking 
painting. Unfortunately, it's not coming to my wall :-)

I agree Irish art has been one of my best investments too. I stopped buying 
in '02 and only started to buy again in '10. Missed the mad years.

Douglas

----- Original Message ----- 
From: "Jayanand Govindaraj" <jayanand at gmail.com>
To: "Leica Users Group" <lug at leica-users.org>
Sent: Tuesday, November 10, 2015 1:27 AM
Subject: Re: [Leica] The Art Market (Contd)


> Douglas,
> I am sure it will go into a private collection, not to be publicly seen 
> for a generation! I will stick to collecting Modern Indian art and 
> photographs, they suit my pocketbook!
>
> For all the snarky comments on art that we hear regularly on the forum, it 
> has given me the best compounded return of all my investments over the 
> last 30 years, not fixed income, equity, gold or real estate. Even artists 
> who have remained relatively unknown have appreciated at around 15-20% 
> p.a. over this period! Quite satisfactory!
> Cheers
> Jayanand
>
> Sent from my iPad
>
>> On 10-Nov-2015, at 04:47, Douglas Barry <imra at iol.ie> wrote:
>>
>> PS Jayanand, I meant to say that there's a wonderful Modigliani being 
>> auctioned at Christie's later today. It's called The Artist's Muse and 
>> it's absolutely gorgeous.
>>
>> Douglas
>>
>> ----- Original Message ----- From: "Douglas Barry" <imra at iol.ie>
>> To: "Leica Users Group" <lug at leica-users.org>
>> Sent: Sunday, November 08, 2015 4:05 PM
>> Subject: Re: [Leica] The Art Market (Contd)
>>
>>
>>> Yes Jayanand, that particular Picasso wouldn't appeal to me that much - 
>>> not
>>> that I'd turn it down as a gift! However, there are many people who want 
>>> to
>>> show they've made their mark on the world by having one, and, in truth, 
>>> who
>>> could blame them.
>>>
>>> We Leica aficionados bought Leica gear because of its reputation as 
>>> being
>>> the best camera gear in the world, and also, let's face it, because of 
>>> its
>>> fame, built on that hard won reputation. But is it still the best? 
>>> That's
>>> now arguable these days, and we're certainly doing that here!.
>>>
>>> On Picasso, there's that great Jeffrey Archer anecdote about his house, 
>>> and
>>> the directions to guests in search of the toilet: 'Turn right at the 
>>> Picasso
>>> and it's just past the Monet...
>>>
>>> For those of you who don't know Jeffrey Archer, then George Oliver Ogle 
>>> can be a useful friend.
>>>
>>> Douglas
>>>
>>> ----- Original Message ----- 
>>>> From: "Jayanand Govindaraj" <jayanand at gmail.com>
>>> To: "Leica Users Group" <lug at leica-users.org>
>>> Sent: Sunday, November 08, 2015 3:04 AM
>>> Subject: [Leica] The Art Market (Contd)
>>>
>>>
>>>> http://theonlinephotographer.typepad.com/the_online_photographer/2015/11/portrait-paintings.html
>>>>
>>>> Cheers
>>>> Jayanand
>>>>
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>>>
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>>
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