Comments on: Recession Proof Art Investment Tips

By: Arthur Smith

Arthur Smith — Fri, 19 Feb 2010 03:25:23 +0000

during the height of the economic recession, our online and offline business in the US have suffered some major drop in sales. now our sales are getting slowly back to normal.

By: Cameron

Cameron — Tue, 29 Dec 2009 05:58:25 +0000

Our country had been so much affected by this Economic Recession. there are lots of job cuts and company shutdowns. We are seeing some signs of economic recovery right now and we hope that it would continue.
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By: Janet Reyes

Janet Reyes — Tue, 08 Dec 2009 07:06:28 +0000

Our country was also hit hard by the Economic Recession. At least we are seeing some signs of economic recovery now. I hope that we could recover soon from this recession.
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By: judyrey

judyrey — Sun, 18 Oct 2009 19:01:06 +0000

I hope the economy improves soon, too.
Neither jobs nor investments are sure things. However, over time art has proven to be one of the best investments around.
At the moment, for real, on my local NY PBS channel is a Independent Lens show on art collectors Herb and Dorothy Vogel. The collected a fortune in Contemporaneity and Modern art on a postman’s salary. They accomplished this by collecting artists who were creating groundbreaking works early in their careers before they were well known and recognized.
Thanks to the Internet it is not difficult to find artists who have new theories of art and are creating revolutionary works. You can do this. Anyone with web access can!

By: michael

michael — Sat, 17 Oct 2009 16:42:05 +0000

the economic recession made a lot of workers jobless. my best friend and me lost our jobs because of job cuts. i hope that our economy would recover soon.

By: Jacee

Jacee — Sat, 15 Aug 2009 09:21:09 +0000

i am hoping that the global economy would recover from this economic recession. life has been very hard with these massive job cuts.

By: ellie

ellie — Sun, 05 Apr 2009 00:20:34 +0000

Think Chinese Contemporary Art is a great new place to explore and diversify one’s collecting..The Getty is not alone, and is a good indicator of an important trend…I would predict that for the next few years Chinese Contemporary Art will become the next haven for the Chinese, .Although the storm of collecting Chinese Contemporary art started with Europe, it now has rightfully gone back to the Chinese who are now starting to collect and are beginning to understand and catch up with there own art history…..

Its a matter of time that Chinese Contemporary art will have fully caught up to western prices…. with their collecting base outnumbering europe and the west.
In the short term—the next 12 to 18 months—there will be good opportunities to buy works by top-tier artists in both painting and photography. By top-tier, I mean the 40 or so who have gained art-historical recognition, have been internationally exhibited, and are being acquired by museums in the West as well as Asia. Historical works by these individuals—the first generation of Chinese contemporary artists, from 1989 through early 2000s—are relatively scarce and will continue to gain value. The global downturn has yielded some attractive pricing, particularly in comparison to top contemporary artists in the West, creating smart buying opportunities. In fact, art funds focusing on Chinese contemporary art have been formed to take advantage of this moment. Museums are also acquiring for their collections.

Chinese contemporary photography is a buying opportunity. It’s still undervalued relative to painting, which was the focus for collectors for many years. Quality works will become increasingly scarce, particularly as China develops as a consumer society with its own collector base. The Chinese audience with disposable income is growing, and a consistent percentage of those people will become art advocates and collectors.

The Chinese economy may be slowing down, but it is not in a recession. China will remain among the world’s most attractive investment destinations, and art will continue to parallel this direction. The result is that Chinese contemporary art will weather this economic downturn and will come out as an even stronger player.

By: Carl Frazier

Carl Frazier — Mon, 09 Mar 2009 03:22:08 +0000

Buy art because you like it and it moves you.
The monetary value of art is the difference of
what you paid for it and what you sold it for
(net cash). How long does it take to sell your
art?
Buy art because it moves you.

By: beth carlson

beth carlson — Tue, 03 Mar 2009 20:48:41 +0000

Hi,

I’m trying to put something uplifting about art on my blog. May I borrow the two paragraphs under Law of the Lord’s photo? I think these are great!

Please email me. Thanks!

By: Top 10 Reasons to Invest in Art (Bad Economy or Not!) « Chroma Studios

Top 10 Reasons to Invest in Art (Bad Economy or Not!) « Chroma Studios — Sat, 14 Feb 2009 21:06:56 +0000

[...] hearing people say that art is a great investment, during GOOD times. Why only during good times? Good times or bad, art is a GREAT investment. I once read a quote that said “During good economic times, people collect art, but during bad [...]