Sup Jow Forums anybody use art as a investment?
I used to rent a room from this very old lady on the Venice Beach boardwalk she was pretty cool very cultured and her late husband collected art and hung out with artists at celeb parties in the 50s
One day she came into my room and showed me some Salvador Dali sketches and two Picasso sketches and since she is over 80 and not great health wanted me to have them to preserve the art.
Could these be worth a lot or is just the big paintings worth butt load. I would just take them somewhere to get valued but since Venice Beach I now live in a very rural area in Kentucky hoping any of you on here have connections in the art world and can point me in the right direction to see if they are worth anything I cant tell if they are original sketches or just copies but she did mention her late husband and Dali partied a lot together and one of the Picasso sketches has some certificates on the back of the frame that it was in 2 museums. please advise Jow Forums
Art as a investment
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This is worth a trip to New York or Paris; travel expenses would be a fraction of the difference.
Assuming this isn't as fake as it appears, those sketches are probably worth seveal million dollars. Find an art auction, do your research, and sell them for huge amounts
You sell those sketches and that old bag is going to come back to haunt you after she dies user. I can't really advice without knowing what the valuation is on these items. Might still be worth it...
not LARP just not sure if these are worth a whole lot of money because they are huge paintings these are the 2 Pablos and I have like 4 Dalis
Yeah dude, they are worth a fair amount of money. Picasso sketches easily sell for hundreds of thousands of dollars. Why the fuck did she give them to you? What are you doing for her user?
>buy art
>hold for a term of time (2-5 years)
>hire an appraiser (preferably jewish)
>get an appraisal that is at least a magnitude of 10x what you bought it for
>donate to an art group
>it's now a tax write off, and a substantial one
That's how it's done by the big bois. Doing it as an actual investment is much harder and honestly not something you can just do unless you're a big name and are buying from another big name
sometimes all you have to do it listen to an old persons story.
i live for free in a home everything paid for because i just listen to my aunts storys.
she has a few propertys and is lets me live in one.
i have been living here for 2 years!!!
wasting all my money into crypto since last year
basically, befriend old people, they have alot to give away and would rather give it to a stranger than to some family memeber they resent after all the years
the one on the right will not be worth alot ive seen it around quite alot. not sure about the one on the left. typically these dont go for much but you can get a couple thousand