Art as an investment

Discussion in 'Other Asset Classes' started by ollidrac nosaj, 17th Jan, 2018.

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  1. Scott No Mates

    Scott No Mates Well-Known Member

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    No... You loan it to the gallery, why give it away when you can loan it and get it back at some stage
     
    Scott No Mates, 18th Jan, 2018
    #21
  2. SatayKing

    SatayKing Well-Known Member

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    Hmm, getting it back if you're deceased with no beneficiaries could be an effort worthy of Lazarus.
     
    SatayKing, 18th Jan, 2018
    #22
    Nodrog likes this.
  3. MTR

    MTR Well-Known Member

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    MTR, 25th Sep, 2019
    #23
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  4. MTR

    MTR Well-Known Member

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    MTR, 29th Oct, 2019
    #24
  5. MTR

    MTR Well-Known Member

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    MTR, 16th Dec, 2021
    #25
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  6. paulF

    paulF Well-Known Member

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    I follow a channel on youtube called Great Art Explained which focuses on a specific piece of art each episode and details the story behind it and the artist who created it the piece.
    Extremely educational stuff.

    https://www.youtube.com/c/GreatArtExplained
     
    paulF, 16th Dec, 2021
    #26
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  7. wylie

    wylie Moderator Staff Member

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    We love watching Baumgartner art restorations on YouTube.

    The only frustration is the adverts and not knowing how much the restoration costs.
     
    wylie, 17th Dec, 2021
    #27
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  8. Properwin

    Properwin Well-Known Member

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    Another one:

    An exceptionally rare 15th century Chinese porcelain bowl has sold at auction for nearly $US722,000 ($925,000) after being bought in a yard sale for just $US35.

    Key points:
    • An antiques enthusiast came across the Ming Dynasty-era piece while browsing a yard sale last year
    • Sotheby's initially estimated the value to be between $US300,000 and $US500,000
    • Only six other such bowls are known to exist

    15th century Ming Dynasty bowl found at Connecticut yard sale sells for nearly $1m - ABC News
     
    Properwin, 19th Dec, 2021
    #28
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  9. Momentum

    Momentum Well-Known Member

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    Momentum, 19th Dec, 2021
    #29
  10. Momentum

    Momentum Well-Known Member

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    Youtube Premium doesn't have an adverts and only costs $1.65 a month. You just need a VPN when you initially sign up. Well worth it, I watch a lot of Youtube. Premium also lets you turn off the screen so you can use it for listening only
    YouTube Premium via Argentina: ARS $119/Month (Single ~A$1.65/Month, Family ~A$2.48/Month, VPN Required only for Registration)
     
    Momentum, 19th Dec, 2021
    #30
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  11. MTR

    MTR Well-Known Member

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    Wonderful, look forward to watching this
     
    MTR, 20th Dec, 2021
    #31
  12. MTR

    MTR Well-Known Member

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    this is incredible

    I like to watch the New York auctions Christie’s, Sothebys … art, Chinese porcelain. Some of the prices achieved blows your mind. International Bidding wars via phone can be exciting
     
    MTR, 20th Dec, 2021
    #32
  13. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    This old master should be worth more. The chairs always intrigue me as being very gross

    [​IMG]
     
    Paul@PAS, 20th Dec, 2021
    #33
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  14. MTR

    MTR Well-Known Member

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    Curiosity got me…. Googled Mona Lisa value today $800,000,000,
     
    MTR, 20th Dec, 2021
    #34
  15. MTR

    MTR Well-Known Member

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    MTR, 15th Jan, 2022
    #35
  16. GoldDaze

    GoldDaze Well-Known Member

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    GoldDaze, 16th Jan, 2022
    #36
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  17. jaybean

    jaybean Well-Known Member

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    I'm in the process of buying a piece of art. My first really expensive piece...by "really expensive" I mean about $2k...probably not much for art collectors but for someone like me who doesn't collect, this is a lot! I'm not buying it as an investment though, it means a lot to me. I will post more details once it's all finalised.
     
    Last edited: 16th Jan, 2022
    jaybean, 16th Jan, 2022
    #37
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  18. MTR

    MTR Well-Known Member

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    Best thing is you can buy art cos you love and enjoy it. I follow a few artists in Perth, have a couple of pieces and I go to auctions. I am not going to get rich doing this, its just a nice hobby
     
    MTR, 16th Jan, 2022
    #38
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  19. jaybean

    jaybean Well-Known Member

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    Agreed, I'm not going to have some ugly thing on my wall by virtue of it being expensive or highly regarded. I've got to love it if I'm going to see it every day. I don't care if it's $50 or $5000.
     
    jaybean, 16th Jan, 2022
    #39
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  20. GoldDaze

    GoldDaze Well-Known Member

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    I was about to write the same.-If it increases in value it's a pleasant bonus. V similar when buying antiques unless UR going for really big Licks. Enjoy your purchases
     
    GoldDaze, 16th Jan, 2022
    #40
    jaybean likes this.
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