"Art as an investment is a misconception that rests on false premises, both aesthetic and financial. Art is a matter of judgment. The word` art 'is value neutral "(Chanin, 1990, p.79).
This statement is in direct correlation with Marx's concept of "nothing can have value, without being an object of utility" (Marx, 1867).
To Kirill Syzranskiy
Mne, chestno govoria, proshce po angliiski na temy art rynka pisat ': D
Translity slishkom gromozdki
Вложение 103065
To qwerty
30 artists that are considered "international", whose works are alike in Europe and Australia, and Asia: From Bruegel and Cranach to Rosenquist and Warhol, so that properly counted indexes art market may well be relied upon.
Vo - pervyh ne stoiat oni odinakovo v etih stranah.
Vo - vtoryh oni ne stoiat ot 3,000 do 10,000 y.e.
"Art, however, proved unsuitable as a financial instrument, not only because of its illiquidity but because there is just not enough real art around" (Feigen, 2000, p.114).
Not every painted canvas is an object of art; sometimes it is just a second-hand canvas that cost less than a brand new one. Standards of quality were pushed aside to the point of barely existing.
The above points clearly explain why dealers hardly ever recommend buying art as an investment, but readily supply a buyer with many `realistic 'figures published from many` reliable' sources, like Art Auction Records, Art Auction Indexes, Price Guides etc.
There is a huge gap between collecting art and investing in art. For the pure collector, price appreciation of art is one of the less important benefits and pleasures.
Watson states baldly: "Forget` investing 'in art. If money is all you are interested in, look upon the art market as a speculator's market. Wait for a boom and then act quickly. This may not be a very attractive position to take , morally or aesthetically, but it is what evidence suggests "