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Well..I did it. Bought two Peter Keil paintings.
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<p>[QUOTE="komokwa, post: 32470, member: 301"]" Just like any artist, prices usually go up after death "</p><p><br /></p><p>Armando, that's an urban myth !</p><p>While it's true that after a well known successful artist passes away , some folks will rush to raise their prices hoping the event will cause collectors to grab up what works are available , sales at the higher prices usually stagnate as the market considers the long term value of any such artist.</p><p><br /></p><p>A wise dealer will hold back his stock , as a shake out occurs , and wait to see if in fact the artists work rises in value and to what extent.</p><p><br /></p><p>You say...." Investment wise, time will tell ", so you understand that a spike in prices ....in some quarters ....after an artist dies , is not a reliable indication of a long term growth in the value of their works, only a short term cash grab that may in fact cool the market or even end up driving prices down , as the market waits for collected works to come available for sale & whether or not those works bring higher prices ....over time.[/QUOTE]</p><p><br /></p>
[QUOTE="komokwa, post: 32470, member: 301"]" Just like any artist, prices usually go up after death " Armando, that's an urban myth ! While it's true that after a well known successful artist passes away , some folks will rush to raise their prices hoping the event will cause collectors to grab up what works are available , sales at the higher prices usually stagnate as the market considers the long term value of any such artist. A wise dealer will hold back his stock , as a shake out occurs , and wait to see if in fact the artists work rises in value and to what extent. You say...." Investment wise, time will tell ", so you understand that a spike in prices ....in some quarters ....after an artist dies , is not a reliable indication of a long term growth in the value of their works, only a short term cash grab that may in fact cool the market or even end up driving prices down , as the market waits for collected works to come available for sale & whether or not those works bring higher prices ....over time.[/QUOTE]
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Well..I did it. Bought two Peter Keil paintings.
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