[Leica] The Art Market (Contd)

Mon Nov 9 23:32:03 PST 2015

The Wall Street Journal wrote an article quite a while ago saying the only
investment possibly better than an investment in art is real estate.
They said all you have to do is invest in a mediocre artist and all that
artist has to do is remain mediocre and your investment triples in a very
short time I forgot the stated amount of time. Needless to say if that
artist improves in time as they tend to do your investment does a lot better
than that. And if they should god forbid DIE then your investment goes
through the roof.... In a good way.
Just get your art from  a real artist. A sidewalk artist even.  Real paint
and real canvas or a legitimate print making form. Not something that comes
off an offset press costing them a penny which you pay ten bucks for and is
in the league of what gets put in picture frames when you buy the picture
frame.

On 11/9/15 9:02 PM, "Jayanand Govindaraj" <jayanand at gmail.com> wrote:

> Douglas,
> Stunning painting.
> 
> Modern Indian Art has increased in value hundredfold since I started
> buying in 1987. About 15 years ago I switched to buying limited
> edition photographs, as well as one off editions, among my collection
> are purchases from many Luggers as well. Of course, taking part in
> various print exchanges over the last 10-11 years has also given me a
> collection of over 1500 A4/Letter sized original prints, which has
> value as a collection, but these are essentially to be seen in the
> hand, and not on the wall.
> 
> I found that a very good way to begin acquiring original photographs
> (though "open" editions) is through the Lenswork Special Edition
> Folios, which deliver great bang for the buck, and that is what I
> advise youngsters who wish to begin collecting:
> 
> http://www.lenswork.com/specialeditions/lwfolios.htm
> 
> Cheers
> Jayanand
> 
> On Tue, Nov 10, 2015 at 7:11 AM, Douglas Barry <imra at iol.ie> wrote:
>> 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
>>>>>> 
>>>>>> _______________________________________________
>>>>>> Leica Users Group.
>>>>>> See http://leica-users.org/mailman/listinfo/lug for more information
>>>>> 
>>>>> 
>>>>> 
>>>>> _______________________________________________
>>>>> Leica Users Group.
>>>>> See http://leica-users.org/mailman/listinfo/lug for more information
>>>> 
>>>> 
>>>> 
>>>> _______________________________________________
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>>> 
>>> 
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>>> 
>> 
>> 
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> 
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-- 
Mark William Rabiner
Photographer
http://gallery.leica-users.org/v/lugalrabs/