William Horton thanks to www.31corp.com
It has always been exciting to see a Picasso or Warhol painting sell for hundreds of millions but do you really see yourself doing that? Probably not. But is there art that can be found reasonably and change your life financially? To that question I would have to say “yes”. So where do we start to find this undervalued art?
If you go to the 31 Club’s website [ ] you will find under the gallery a “sold” section. There you can see an Ida McAfee painting that sold for $2500. It was purchased on eBay for about $500, making the owner extremely happy. Here are a few other examples where the mid priced paintings have done well for me. I purchase a Harvey Joiner from an auction house when it didn't reach the reserve. I bought it after the auction for a little over $200. I thought if I took it back to where it was painted I should make a fair profit. This painting was sold in
The middle of the art market in hard economic times may be the best place to spend your money for the greatest return. Sure there are the high end paintings that will still do well but if you have one of those and it doesn't sell, large amount of your capital will be tied up and, for all intents and purposes, you may be out of business. By spreading your money among several pieces, the chances are great that some will sell, your money will continue to turn and that all important bank account will grow.
Now let’s explore where these treasures may be found. I am sure you have read stories where expensive paintings have been discovered in re-sale and white elephant shops so these would be great places for you to explore. Also local auctions, where a painting might pop up that is not recognized as being by a listed artist, or one that doesn't appeal to the local crowd but in another location might draw greater attention. Watch your local newspapers for listings of art for sale and also the penny savers. I have saved the best for last. Here we go. Tell everyone you talk to about your interest in purchasing art work. Mouth to mouth advertising will always be the best advertising that you will ever receive.
Strike now while this iron is hot.
Check out the new Paintings and new items in our Gallery and Marketplace here.