Showing posts with label learn about investing in art. Show all posts
Showing posts with label learn about investing in art. Show all posts

Monday, July 14, 2008

Fine Art Paintings: Portraits Are In.

Portrait of a Boy and Dog by an Unknown Artist.


Over the years I have had many opportunities to purchase unsigned primitive portraits or folk art portraits of men, women, and children. These have never particularly appealed to me, but after I examined the past catalog from Cowan’s Auction held in March of this year, I’ll be taking a second look next time I see one. I thought these had very little value, but that doesn’t appear to be true today. And, to my surprise, the values can skyrocket if they are signed. While I was aware that certain portraits by the leading painters could bring in fabulous money, with some fetching over $100,000, I didn’t know that most of these old portraits would bring $500 or more. I have passed on many of these portraits at prices as low as $100.

Checking Cowan's auction, I found where there were several paintings by fairly unknown artists that that brought good money. but were by fairly unknown artist. From their March 15th auction, lot # 27 by Robert Fulton sold for - $2520; #28 – for a pair by unknown artist - $13,000 plus, #146 By Samuel Shaver - $3,700 and #151 a pair by Ezra Ames - $5,700. Wow! I have passed on many listed portraits in Nashville shows for under $1500. Boy, do I wish I had that opportunity again.

You will find these portraits at many of the house sales you attend, and I hope you will begin to take notice of them. If you find a quality portrait painting, I suggest you consider Cowan's as the auction house to sell them. Go to the Cowan’s web page and sign up to get their past auction results. I think you’ll be as amazed with the prices as I was. Not only will you find the prices, but you’ll see photos of the paintings as well as their descriptions. This is one of those cases where I think it would definitely be best to sell this type of painting at auction, rather than on the Internet.

Over the last few days, I’ve been giving you information will assist you in making a lot of money. By applying the rules I’ve learned about buying and selling over many years of trial and error, you’ll gain from my roughly 45 years of experience. When you apply the financial principles to these trades, you’ll see your money accumulate substantially.

There have been several emails about the website, and I will try to answer all of them, but please be patient, as there are many changes coming. Checking the site while Jeremy is doing some of the construction may be problematic. I am looking forward to the day when the 31 Club site will be interactive, and you will be able to participate in the content whenever you wish.

I’m back from vacation and I have much catching up to do over the next few days. I thank each and every one of you for your patience while I was away, and special thanks to Cindy and Jeremy for keeping everything running in my absence.

Put a Turbo Charge on your Antique & Collectible Treasure Hunting Skills. Join Daryle Lambert's 31 Club.

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Thursday, May 15, 2008

Buying Fine Art and Antiques from Auctions & Estate Sales - Four Presumptions Not to Make



What a great radio show I had with Auctionwally. I have been answering the phone ever since. In this increasingly more difficult economy, people are beginning to listen more closely to what we are saying, and discovering it makes great sense and might be a solution for their financial dilemmas.

Our Member, William called the show, and I was so glad to hear from him. He is eager to be the winner of the 31 Club race to the million dollars. We speak with one another often on the phone or by e-mail, and he is learning at a very quick pace. Being a newcomer to this industry, he wasn’t sure how long it would take to master the skills for success. But, he simply went out, on perhaps, his first treasure hunting venture and promptly purchased a painting for $40. We’ve discovered it has a retail value of $3,500. Not bad for a newbie.

This is exactly why I make every effort to preview the paintings before I go to an auction or even a house sale if I am able. I can learn more about it and make an offer or bid based on knowledge. I truly believe that it is in the area of paintings that you can find the one treasure that can change the way you are living. So often, I’ve found that sellers do not have the resources to truly evaluate a painting. This can apply to individual sellers or auction houses. If they don’t subscribe to an art service, but only depend on book guides like “Davenports”, they may come no where near the true value of the painting they’re trying to sell.

Let’s go to the call I got yesterday from our member, Cecil R. and use this as an example to see how this kind of thing plays out. A friend of Cecil’s, who knew he had an interest in paintings, called him to tell him about two Charles Partridge Adams paintings up for sale through an auction house in Owensboro, Kentucky. In the Davenport’s guide, Adams is listed, but the price for his works are moderate. When we went to a service like Ask Art, we found that within the last month or so, a small oil on canvas of his sold for $12,000.

So, now you’ve got two paintings by Charles Partridge Adams listed in the local paper, and I’m fairly certain they were listed in the Antique Trader as well. Wouldn’t it seem like everyone, including their aunt and uncle, would know these were being sold and would surely show up and outbid a newbie? Well, everyone must’ve stayed away thinking that these fine paintings would surely sell for more money than they were willing to spend, especially with the market for paintings being so strong. Yes, indeed, everybody stayed home, and this opened the door for Cecil, to snatch those two paintings for (drumroll………………………) $700 apiece!!! Cecil might just have made himself about $18,500 -- conservatively.

With that example, let me stress a couple of things. First, Don’t presume that just because a painting is listed in an estate sale ad or an auction ad, that it’s priced just right.

Second, consider that the name of the artist, alone, might keep many buyers away. Buyers will often stay away when they’ve had a “rational” conversation with themselves that goes something like this: “Since it was listed in the ad, everyone and their uncle will now know it’s for sale. So, they’ll be plenty of interested and capable buyers lined up to buy. They will all bid the painting up beyond my reach, so I’ll just stay home and not waste my time. In that way, I’ll save on gasoline and be able to sit on the couch and watch TV today, since it’s raining anyway.

Third, never presume that you know what is going to happen at a sale, whether auction or estate sale or house sale. You might be right, but – what if you’re not? What if you’re completely wrong, and you never even bothered to step foot out of the house?

Fourth, before you decide not to go at all, take my experience into your mind before you decide. You see, I have found that even when I’ve gone for a particular piece and it’s been bid up or priced higher than I’m willing to pay, I have usually stumbled upon other treasures that I would have missed, had I decided to stay home.

Your success will be based upon the number of items you have the opportunity to buy. So if you don't get out of the house to buy, your chances of success are very limited. Get out of that house. Your treasures are awaiting you.

Join with like-minded 31 Club Members and put a turbo charge on your treasure hunting skills. Get FREE Mentoring. Learn Inside the Industry Secrets. Learn to make high profits and continue to grow your money buying and selling antiques, fine art, and collectibles. My 220 page book, 31 Steps to Your Millions in Antiques & Collectibles is FREE with your membership. The book is also available on Amazon.com. If you buy the book on Amazon, then the membership is FREE.

Friday, April 25, 2008

Animated Art - Drawings and Cels

Mickey Mouse Colour Reference Drawing. Photo from Wonderful World Art Gallery.
Images ©Walt Disney Co.


It was a Saturday afternoon, back in the days of my youth, and I can still remember handing over my ten cents to the man behind the glass window, then getting a ticket to the greatest afternoon ever. I waltzed right through the theater doors and up to the refreshment stand and handed over my nickel for a Coke. If I was plush with money, I splurged on a five cent bag of popcorn. Scurrying on over to the room where the best afternoon ever would take place, I found a seat in the middle, about halfway back. There I sat, eagerly awaiting the beginning of a Disney film. I knew that real soon, the characters would be dancing before my eyes across the silver screen.

I must have seen all the Disney Cartoon Movies. I particularly remember Peter Pan flying through the air and Donald Duck chasing the children while his uncle threw his money around. What could’ve been better than that? I didn’t know I was poor. In fact, when I was able to attend the movies, I thought I was King.

In the heyday of the cartoon movie, there were hundreds of artists producing drawings and cels for movie producers, and the people who worked at the studios would often take these drawings and cels home by the handful, thinking they would some day be very valuable. Well, they were right. Today I wish some of my relatives would have worked for Disney and brought me home a hundred or so of these cels and drawings.

Drawings and Cels from the classic films can bring in the tens of thousands of dollars today. I don’t know the record high, and if anyone else does please let me know, but I’m guessing it would have to be in the hundreds of thousands.

Pieces from the 50’s or earlier will bring the greatest reward. I don’t think I have to tell you to be on the look out for these animated drawings, but be careful. There are drawings and cels being produced today by machine, and these have little value. There were several cartoon producers, but the greatest producer of these films was the Walt Disney Studios.

Let’s take a look at how the older cels were made. First, the artist would sketch the drawings and then these were photographed on to celluloid. There were hundreds, if not thousands, of these celluloid “pages” called “cels” for each feature length film. Each movement a character made had to be drawn, so that when they were put in sequence, you could see the action. This was a lengthy process, and even in the early days, it was an expensive process. Both the drawings and the cels are in great demand today.

The great thing about this merchandise is that most people wouldn't know a machine made piece from an original. This is where you come in. Find a place where you can familiarize yourself with the originals, and when the time comes to find the treasure that others miss, you’ll have the knowledge to recognize it. If you’re on vacation in a large city, look for galleries that specialize in Animated Art, and don’t leave until you ask every question you can think of and have received an answer you can understand. This knowledge can mean big bucks to you in the future. Believe it or not, some of the best pieces I’ve ever bought were from auctions where everyone in attendance thought these items were new.

How things have changed since the time I paid my five cents for a movie. At the age of nine or ten, I picked up cola bottles and sold them as a way to pay for a special day at the movies. I walked to the movie house because my folks didn't even own a car until I was twelve. I don't think it even occurred to me to ask for money to see a movie, not to mention a ride to the movie house.

Movies were a real treat back then, while today, my 9-year-old son has numerous discs he can just pop in the television and have a movie whenever he wants one. Yes, I think people my age yearn for those olden days, the days when things seemed to have more value. Maybe this is one of the problems today -- a lack of appreciation. Sitting there in that theater and watching a feature movie and a couple of cartoons made my afternoon one of the most memorable days of the year. I wonder what makes our kids' days memorable.

Be sure to check the link below to get a look at some Animation Art and further your education. But before you do that, join us here at the 31 Club today. The membership fee is ridiculously low right now, because we're building up our Club. Join with like-minded 31 Club Members and put a turbo charge on your treasure hunting skills. Get FREE Mentoring. Learn Inside the Industry Secrets. Learn to make high profits and continue to grow your money buying and selling antiques, fine art, and collectibles. My 220 page book, 31 Steps to Your Millions in Antiques & Collectibles is FREE with your membership. The book is also available on Amazon.com. If you buy the book on Amazon, then the membership is FREE.

Visit our Website, here.

Link:

http://animationartgallery.com/

Saturday, March 1, 2008

High Profit Day - Adventures in the Antique Business


I am reporting to you from the back-seat of a 2001 Ford Wind star. This is our last ski trip of the season, and we are traveling with three adults and three kids. The last trip like this that I took ended in one of my better days for treasure hunting. Here's what happened:

While everyone else did their own thing, I decided to venture out to see what I could find. Believe it or not, at the first place I stopped, there were some great Royal Doulton figurines from the 1940s. I soon began to bargain with the owner and used the technique that I have taught you in past blogs. I put about twenty figurines in a group and calculated the average price per piece I wanted to pay, then made the offer. At first there was a negative response, but as I started to walk away, the woman ask if I would pay any more than my offer. I explained why that was my best offer. You see asking if I would pay more, she told me that we were very close to closing the deal. Sure enough, after a few minutes she agreed to sell them to me for my original offer.

Putting that many figurines together meant that the total offer was rather substantial. Sometimes that's hard to refuse. Money talks, and the higher the amount of money offered, the harder it is for the seller to turn it down. If I had tried to bargain on the figurines one at a time, I would have probably left the shop empty handed.

Since I had spent over $5000 with the woman, she knew that I was a serious buyer. So, when I reached for the door she asked if I was interested in any other figurines. I thought that she was probably talking about Hummels or Lladros, but still I said “sure." The rule is not to ever stop a person from telling you of other things they have for sale, even if you have a doubt that there will be any interest.

The next thing that I knew she was locking up her shop, and we were headed to her home. Arriving at a rather modest home, I have to admit I wasn’t too excited. Walking through her living room, I did see some Early American furniture, but nothing that really caught my eye. Then we entered the family room and my eyes almost popped out of my head. There in front of me was one of the largest collections of Meissen figurines I had ever seen. I was looking at a good $100,000 worth of Meissen. I had to get a hold of myself because I didn't want to show the excitement I was feeling inside.

Looking over the collection and trying to conceal my unbelievable desire to purchase each every one of the pieces, I ask how many of the figurines were for sale. Her answer almost knocked me down. "All of them for the right price." I was like a child in a candy shop, but I had to control myself. I proceeded to pick the pieces that interested me most. I knew without a doubt I had selected over $20,000 worth of figurines at the price that I was willing to pay. I made the offer, and this time, without hesitation, she said that seems fair to me. You see, I had established credibility with her on the first trade. Now she accepted me as the expert.

I treated her fairly and purchase the pieces at a price that fit my standard rule for buying, so you know that this was one profitable day for me. There are many great lessons to be gleaned from this experience, but perhaps the greatest is that you must always keep your emotions under control when you are trying to make a purchase. Also, you must appear as the person who has all the facts at his fingertips.

Do you need college funds, retirement funds, or want a larger stash of cash for you lifestyle? The 31 Club uses a wealth building plan that can help you accumulate enough funds to last a lifetime, buying and selling antiques, collectibles, and fine art. Join the 31 Club. Learn about Art, Antiques & Collectibles. Learn How to Invest in Art, Antiques & Collectibles and build lifetime wealth. The plan is in my book. When you join today, you'll receive my 220 page book, 31 Steps to Your Millions in Antiques & Collectibles, FREE, plus MENTORING from me whenever call me. Or, order 31 Steps to Your Millions in Antiques & Collectibles and your membership is FREE and you still get mentoring. Either way, you're in. I know it sounds crazy to get all this for about $20, but I assure you, I'm offering this. If you've read this far, why not hop aboard.

"...I spent about 15 years in the antiques and collectible field
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"It has been a great pleasure knowing Daryle for more than
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Consultant, Antique RoadShow

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