Another thrift store find; this time a signed Picasso. Purchased for $14, the man sold the Picasso print designed to advertise a 1958 Easter exhibition of his ceramic work in Vallauris, France, for $7,000.
Aside from being a reminder that real art can indeed be found in thrift shops, there’s this tip on the value of numbered linocuts from Lisa Florman, an associate history professor at Ohio State University who has authored a book on Picasso/a>:
There’s certainly some collectors who really place a premium on a single-digit number because it indicates the artist’s greater involvement with the actual printing, so those particular prints can fetch a higher price.
In Memo to budding art collectors, art collector Paulino Que gives three tips for beginner art collectors — but the best part of the article or interview is this part:
[I]n the course of merely listening to him, you will realize that what you have been doing since the day you were born has been a big mistake. From the start, there was no need for psychoanalysis, higher education or your vaunted profession, even if you happen to be a mind reader. In fact, going to college or chasing after your career goals were red herrings if they did not lead you to life’s biggest bonanza which Que spoke of with much zeal: the pursuit of Juan Lunas and F.R. Hidalgos, the chasing-after of Fernando Zobels. If there’s one thing that explains itself, it’s “You should have been collecting art in the first place!” No need for repetition or explanation. There’s no golden pot somewhere over the rainbow. There’s only art, art, art!
Photo of Paulino Que posing before Imagining Identity, a selection of a hundred self-portraits by Filipino artists in Que’s private collection from the Business Mirror article.
Back in the day, I offered and held a few home parties for selling my artworks. Being about 15 years ago, ish, I felt like I was charting new territories.
I had a bunch of catalogs and brochures from other successful home party plan businesses — and my vast knowledge of attending such parties — to build my plan on, but even then, the concept was just that — more concept than anything else.
I made sales at the parties (and secured plenty of commissioned works as well), but found I really had to sell the idea of such a party by educating the potential host or hostess more than anything else.
Now that home party plans are so mainstream that a woman between the ages of 20 and 35 fears invitations in the mail, the indie crafting party isn’t an educational exercise — and the lure of less common products is far stronger than say the usual home party suspects, resulting in more attendees and an increase of wallets being opened.
I mention this trend for two reasons.
One, if you’re a crafter, craftsman, or artisan looking for a way to make sales and connect with your local community, you might want to consider using home craft shopping parties. Even crafters who just have an over-load of made things could probably find an occasional party a good way to rid themselves of surplus handcrafted items, and those with mad skills could combine selling creations with workshops at parties.
If this sounds at all like you, Miss Malaprop has a great article, 5 Tips for a Successful Handmade Craft Shopping Party, which also includes links to some great resources. She even peddles the stuff other folks make at the home parties she demonstrates/sells at. (Keen idea for those who want to increase their offerings past their own skills.)
I respectfully disagree with CraftyTammie, when she says that she wouldn’t throw a party and invite her friends because “they all know i have an etsy shop, and i figure if they want to buy something they will let me know.” Shopping for art, for gifty stuff and crafts, is very much a visual in-the-moment thing. And people need to see it.
The second reason I mention the home party plan idea, is that if you are not a maker of things but a lover of them, you might wish to host a craft selling party in your own home. You and your pals can get together, shop, maybe even become inspired to make a thing or two yourself, all while you support arts in your community.
The only real tricky thing with hosting one of these home parties selling handmade things is finding a willing artisan or crafter. To that end, The Ungulate has started an Art Directory, including a category for listings of creative folks who are willing to do home parties selling their arts and crafts.
Image Credits: Handmade goodies from MissMalaprop’s shop.
I hate putting a value on art. I think you should pay what the artist asks, so long as the depth of your affection for the piece matches the depth of your pockets.
But, because I mostly write about antiques and collectibles, people often ask me about how much they should pay for art at auctions, or at least want a rule of thumb to guide them at their local farm or estate auction…
I’m no art appraiser; most of my experience with antique paintings has been observed at (countless) smaller local auctions, Antiques Roadshow episodes, and those Roadshow style trash or treasure events. But I feel rather confident saying that any antique painting purchased for $150 or less is a bargain. Seems like no old painting is ever, unless the canvas is completely shredded, deemed worth less than $150. Even antique paintings by unknown artists with small tears and in need of professional cleaning seem to be valued at or over $150.
That said, expect to pay more. Not just for big name artists, but for paintings which charm. If the painting charms you, it likely will charm another bidder or two, increasing the price. That said, console yourself with the following rational reasons to spend as much as you’d like buying antique paintings at auctions:
- Consider how much something else covering that space would cost — be it a framed poster or generic starving artist art.
- Spend as much as you are comfortable with; you’re going to have to live with it.
In the January 2010 issue of Elle magazine, there’s an interview of Hugh Grant by Holly Millea. Whatever you think of Grant, there’s an interesting bit on the actor as an art collector.
Elle: Tell me, is it true that you bought an Andy Warhol painting of Elizabeth Taylor for $4 million in 2002 and sold in it 2007 for $23 million?
HG: Those numbers are not quite correct. It all began with a drink… And I was thinking about some stuff in the Sotheby’s auction and I saw this Warhol, so I drunkenly rang up the girl who helped me with art, and said, “You’re going to bid for that.” And to my horror, she did, and even worse, got it. I slightly regret selling it now, even though it made me rich. My contemporary art collection began with just needing to put things on the wall. I was looking around my Victorian house thinking, “What would be the coolest is contemporary art — it will make me look young and interesting.” I’m more than 80 percent skeptical of the whole thing. Having said that, the stuff I own, I have come to love now.”
See, it doesn’t matter what the size of your wallet celebrity status is, lots of people seem to think owning art will make you seem “young and interesting.” And Grant seems to at least have been intimidated or “skeptical” about art.
I can’t (ethically) suggest you get drunk and buy art (let alone bid on anything at Sotheby’s or other big auction house); nor do I even hint at a promise of millions in return on your art investment. But if you relax and sort of view buying art as a means to cover your walls, you can do quite well. At least you’re likely to end up with stuff you’ve come to love.
Scans of the interview in its entirety here.