Wednesday, July 2, 2008

Quality in Unidentified Art

A Jean Faurege Paris Steet Scene sold for $5,000 at 31 Club Gallery & Marketplace

Did you ever spot a painting but kept on walking because you couldn’t find out who the artist was?

Sunday, at the Chicago Antique, I purchased a small oil painting in a wonderful gilded leaf frame for $120. Cindy asked if I knew the artist, and I told her I didn’t. She asked me why I bought it. Cindy isn’t afraid to ask questions because she wants to learn. I told her I bought it because it’s signed, so if I can figure out who the artist is, I might have found a treasure. Now, I didn’t buy just any signed painting. It was very well done, and it also had a wonderful gilded leaf frame that was worth more than I paid for the painting.

I also purchased a very nice signed watercolor that was also very well done. I couldn’t pass it up for $30. I researched the name on the Internet and have e-mailed the artist to verify that it is her work. If the e-mail comes back positive, it could make my month.

Did I start out looking for a $30 painting? Not at all. Truthfully, I had more like $5,000 on my mind, but this $30 painting could bring a couple thousand. That ain’t so bad, as this country boy would say.

Go to our Fine Art Gallery and look at the painting by Jean Faurege. It just sold for $5000, because it has the quality of an Edouard Leon Cortes or an Antoine Blanchard. No, you won't find Faurege in Davenport’s or on, but his work is outstanding. True collectors can appreciate it for what it is.

By the way, you did hear me correctly. This painting sold right here on our Marketplace for $5,000. This could have been your painting.

A 31 Club Member called yesterday to ask me about several paintings they spotted, of which only one had any interest. It was what she called a “couch painting.” But, after hearing her describe it, I knew that it should be purchased at about $50, and that had been the price that was in her mind to offer. At $50, she couldn’t go wrong. I’m hoping she acquired it because it might turn out to be a real find.

When you see a painting, you must judge the quality of the piece before you pass it by. No, you can’t pay $5,000 for an unidentified painting, but what about $100 or even $200. This may well be the best buy you make for a while.

The secret is to be able to examine an item and make a quick decision on what to do next. Time can quickly pass by and indecision will cost you money. Even an occasional mistake can be quickly overcome by correct decisions made quickly before someone else beats you out.

I have seen people pay hundreds of dollars for a potato that looks like some special person, knowing full well that the potato will shrivel up and rot after a short period of time. This makes me feel confident in buying items that I think are well worth the money, because I know they won't shrivel away.

Thursday, I’ll be leaving for the Smokies for ten days, but I’ll have a cell phone and computer if you need me, and also Cindy will be there to serve your emails and calls.

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Check out the new Paintings and new items in our Gallery and Marketplace here.

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