A PORTRAIT SELLS FOR FOR 15 MILLION, AN ABSTRACT/MONSTER SELLS FOR 57 MILLION
Well, there you have it readers. Freud works on a portrait of Hockney and it sell at Sothebys for fifteen million pounds. A couple of weeks earlier a Basquiat monster sells for fifty-seven million pounds at CHRISTIES NY.
The difference could not be bigger, a small work of art, a huge work of art in dimensions make art more unfathomable and yet it is real, yet it speaks in millions of pounds, yet the collectors remain loyal and follow their artists and their fortunes.
Down to earth elsewhere we have abstract art selling for a million and further down the ladder we have old master portraits selling for a few hundred pounds. Continuing on the same issue of what is happening in art, the landscapes of Peter Doig make incredible sums (four million, ten million) as simple landscapes, while beautiful landscapes of so many other artists cannot even make it to one thousand pounds.
Of course management and promotion of artists is an art in itself these days but does it serve all art? Will the big earners of today in auctions and galleries be the ones to be making these sums and more in thirty years, fifty years and one hundred years?
My art activities go back to 1983 and the question I ask above is easily answered by my own experiences and investments in major names of art. Artist such as Hoffman, Exter, Seago, Ralli, Ghika, Parthenis. Mai Thu Trung come to mind. All these artists have not only moved on to much higher levels of value but also have proven to me that had I kept a couple, I mean managed to keep a couple of them, I would have been much better off today.
If you have the time to read more just go to my book, Rags or Riches, to read more and perhaps assist your efforts to make it into art today with as little as nothing, as I did back in 1983. Everything is possible in life and buying the work of master today is not impossible. Just look, work it out and work on it. It takes work, it takes major efforts but … it can be done.
Read my book, it is free somewhere on site or on the net. I have conclusions in that book for nearly all my sales and investments and my final conclusion is clear here:
ART IS A SOUND INVESTEMTN ALL THE TIME!!!
Peter Constant, MA ARTS