Art quotes

"For the last 20 year period I've been working with ideas conceived as a child." -Red Grooms

Sunday, November 4, 2012

What is The Value of Art?

Winter Trail 9x12 oil

Oak leaves have tumbled off their high summer perch and are swirling on the deck as the first early “chance of snow” forecasts get us thinking here comes winter. Oh well, more time to get to our business of putting holiday art shows up and planning for the looming New Year.  We have a one person show at Shiawassee Art Council in February and an art demonstration at Jackson Civic Art Association in March. We should have an interesting beginning of the New Year.
Have you ever wondered what the inside scoop is all about when it comes to dealing with the big time art auction houses or your local art dealer? The book, The Value of Art by Michael Findlay (Prestel Publishing, 2012) can open up some doors to more awareness of the art business. Where we fit, if we do fit, in this art business puts you on the world stage with all the art patrons over the last century.
Findlay, who was with the noted art auction house, Christie's from 1984 to 2000, takes a close look at art as an investment. In the book Findlay purports to buy what speaks to you, a piece of art that you can look at for hours without tiring.  As for art investments, as in the stock market, buy low sell high. He points out that economic cycles are also reflected in the business of art.
“There are so many ways in which a work of art can act on our sensibilities from the primly intellectual to the wildly emotional. We can be transported to the lowest depths of sorrow or taken to a high spiritual plane. We  can be delighted, we can be baffled, we can be appalled, we can be refreshed, we can be moved to tears or spend the rest of the day smiling,” Michael Findlay on how art affects the individual.
It is fun to look over the shoulder of some of the largest art deals that have taken place  internationally and you don’t have to spend a dime thanks to this fun read.
Gulls in Flight 9x12 oil 
Back in the studio I look around at a lot of stuff that someday, hopefully, will inspire a painting or two. Today inspiration came from a tourist gift shop purchase on the great lakes coast, a little pair of seagulls bouncing on springy wires. I hope you can smell the fresh lake air and hear the call of the gulls.
Joel
www.joelellisart.com

p.s. Grateful to have received First Place at the 41st Art Exhibition of Okemos Library annual fundraiser, Okemos Michigan.
Sand Waves 13x23 oil on board, First Place November 3 2012 Okemos  Show

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