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
I have tried looking it up online a lot but just see big ass paintings and the amount nothing really on sketches coming into a few hundred thou would really be sweet.
And I didn't do a whole lot for her she had a bum leg so whenever I would go out I would buy her a pack of cigs so she didn't have to walk to the market and I would take her little dogs on walks at night and then she just gave me like 6 framed pictures and told me her husband used to hang with dali
2nd this. Massive haul of art.
>Go all in on crypto
>Lose everything
>Live in a box
>Die in a gutter shortly after
>Hang out with an old lady who lives by the beach
>Get sketches with millions of dollars for free
>Make it
>Kick corpse of coiner as you walk past the gutter
I think this is a good life lesson for all user on Jow Forums. Stop wasting your lives on a pointless ponzi bubble. You're just losing time and money. Go hang out with an old person instead.
Also, be incredibly careful with the sketches. Keep them in a cool, dry place, climate controlled. Take them to a professional art appraiser and pay to get them appraised. Get them appraised by multiple people and don't sell to the people who appraise you, as then the might try and low ball you. If you're having a hard time finding an appraiser, go to some art museums, galleries, etc., and ask to speak with someone there who could reference you to a quality appraiser.
As far as I remember Picasso sketches are pretty common and most of them aren’t worth all that much. One of my friends has a sketch too.
Thats the problem user I live in Kentucky now the only thing close to a museum I have seen is the place where sanders made the first KFC
buy expensive art bongs, they hold value very well
How's about, take pics of your new found art.
Then I can tell you if they have any value.
There's plenty of paintings done by famous people but they are worthless.
They need to be in the right time of the artists history to be worth anything.
Show me or get the fuck out of here faggot.
I have a good feeling they are just replicas. As in they have been hand painted to be just like the original but the person that did the work is not the original artist.
I have a good 50-60 of these hand painted acrylic paintings that are copies.
They have some value but most of them won't be worth more then 1k
Plane tickets are cheap as fuck now. A flight from Louisville to Chicago costs $76. From Louisville to NYC is $135. Figure out appraisers in your city of choice before you fly out, then schedule appointments with them for the couple days you'll be in the city. Bring the sketches carry on, wrapped in bubble wrapped, in a protective, weather bag, like a leather satchel.
If you're not willing to spend a couple hundred bucks to potentially make a few hundred thousand bucks, well sucks to be you.
He already posted pics autismo.
Yeah you need to learn how to store them because they are wrecked from shit storage.
These aren't worth more then a couple Thousand IF that.
There are several places online that'll appraise and auction them for you.
GOOOGLE
art trading is a form of money laundering. nobody really thinks some ugly "modern" style painting is really worth 8 figures
Give them back Jamal
I just interviewed Al Shands. One of the largest private art collectors in the state of KY. If you want to sell these pieces, let me know. I can probably connect you to the right people.
Jamal you should probably ask the guys over at artwallet.io
Beware they will check for any missing reports so if you stole them from a little old lady, jus sayin
thanks user I just sent them a message on his great meddows foundation website
I deff did not steal them and checked out that website loos like its not something I can participate in yet.
Saw these guys recently. I believe they're launching a token sale soon. I had a glance at their pitchdeck.. Are there any other projects doing something like this?
oh yeah, reminds me of this!
reddit.com
There was Codex.. Not sure what happened to them though. Seeing how you are into crypto, should definitely try contacting artwallet.io. Especially since they haven't done a token sale, might get something going on there. Spreading the ecosystem into art. Cool.
Yeah man, let me know. His curator Julien Robson can answer pretty much any modern art question you may have in regards to purchasing. Proof, working on my nigga Al's video right now.
I'm an artist. Nowadays the art market is controlled by the major galleries. The sign artists based on marketability and tightly control/manage their careers. A good gallery will control how many paintings are on the market, convince buyers of the works value, and push you in the press. A lot of big money collectors have huge Raiders of the Ark style warehouses of art, sometimes a whole artists career's worth. The problem with treating it as in investment is that if you don't know your shit you'll get sold whatever the snake oil gallery owner wants you to buy. There are a lot more artists today than when Picasso and Dali were stomping around, that and we live in an age of pluralism so there isn't on important movement at any given time. If you are serious about investing, the crazy money galleries are in Chelsea in NYC, but the places where you find the good artists who might be famous someday are in Brooklyn and the Lower East Side. LA is the 2nd biggest art scene in the states, London for the rest of the world. Chicago and Houston are growing. A lot of the money in the art world is spent at "Art Fairs" like Art Basel in Miami, celebrities will frequently drop millions on stupid crap. And a lot of it is stupid crap, postmodernism, feminism, conceptual art, should all be avoided. Do lots of research, find some people you believe in and work you really love. If you find an emerging artist you can probably buy something for a few hundred to a few grand and it may end up being worth hundreds of thousands someday but probably it'll only be worth whatever it's worth to you, kinda a crap shoot unless the artist is a rising star.
the reality is, maybe. They might be worth a few thousand or a few hundred. The might not be real. alot of artists dont sign sketches like that so it seems kinda weird. get them looked at by a pro. Just because its got a name scribbled doesnt mean its genuine or worth anything
Ok, for one those aren't sketches, those are prints, you can tell by the recessed paper. Which means they can be mass produced. Artist will make an edition, usually they will be catalogued and numbered. Would be pretty easy to get them appraised.
I work in the studio of a contemporary painter that is shown all of the world & in the venice biennale, every major market (Hong Kong, Europe, Japan, New York, LA, etc) and his life and work isn't controlled at all so you are off your ass thinking that the high ups are hats. You also have no read of the fucking market and are some figure drawing drawfag from Jow Forums by the sound of it. Stay poor and enjoy being confused by the world that you are trying to be a part of!
Which painter? You misread me buddy, I'm an actual contemporary painter, still emerging but I show in NY from time to time but live in CA and show in SF and LA mostly. I have friends and people I did my MFA with that have been picked up by major galleries some I'm only speaking from what they've told me( a good friend even got picked up by Pace). If you have any advice I'd love to hear it.
By tightly controlled I meant the market for the work not the content. If you are working for a major established artist it'll be way different. I have a friend who works for Koons( she fucking hates him), someone like that would be way different.
Most sketches aren't worth much but they are still quite speculator value if there is any. I would bring to at minimum 4 dealers for valuations. Modern art is really only used for money laundering these days but dali and picasso do have value from their actual art technique.
Ah shit I feel like a dick now, not going to dox myself after being an asshole but I am sorry. Good luck fellow painter.
Also, I should have known you were talking about Koons/Hirst types. They are complete puppets.
Where in Kentucky? I’m sure you guys have an art museum or that a university would have an art program?
Based and redpilled
Yeah bro, no prob. Haha you did legit make me feel like shit for a second there though. What kinda work do you do? You have an MFA? I'm kinda somewhere between Diebenkorn, De Kooning, and John Walker and do a lot of work in mixed media canvas collage. Studied under Thiebaud, and Walker. Looking for place to show if you have leads. Also university teaching gigs, I've been teaching in SF.
Great thread. Wonder what kind of scam this is.
How do I break into the art world Fren? It’s my dream to escape wage cuckoldry through art. I can draw very well and am not too shabby with a brush and know quite a bit about color theory from years of painting. Is it just a matter of who you know? Or should I try to build a following online and then reach out to studios and collectors? Pls respond I can’t wagecuck for another 25 years. I’ve been drawing since middle school and did graffiti for years.
For the Picasso's, probably a couple of thousand. He used to dash of small ones to pay for restaurant meals. You can see some prices here:
fineartmultiple.com
Stuff that has a bit of complexity can go for 10k plus but certainly the one on the right in your pic won't get nearly that much. Dali I'm not so sure.
Picasso's granddaughter has over 10,000 pieces of his work.
theguardian.com