Showing posts with label art collector. Show all posts
Showing posts with label art collector. Show all posts

Wednesday, February 27, 2008

Paintings by Artists You Can't Find Information About

Harvey Joiner's "Kentucky Beechwoods-Autumn." Photo from Higgins-Maxwell Gallery


It is easy to find out the value for paintings by Andy Warhol, Robert Wood, or Thomas Paine by going to the Internet or Davenports Price Guide, but how about Stefin Krammar, Harvey Joiner, or Robert Knudson? If you haven't heard of these last three, that comes as no surprise to me. But I have a painting by each one of these artists. Why do I have these? Each one has great quality in their workmanship and has a fairly high retail value if you can find a buyer. Besides that, I paid very little for them.

By doing the smallest amount of research, you will find the values on 150,000 artist in the Davenports Guide and many more on an Internet Search. This still leaves thousands of artist undiscovered that command high prices for their pieces.

In fact, I have found that the most money to be made, based on percentage invested, is in finding a painting that will bring a great deal of money in a particular part of the country, but the artist doesn't make the regular channels that you would generally consult.

Let's take my Stefin Krammar for instance. Mine is a watercolor of a cowboy riding through the countryside. At the time I found it, western scenes appealed to me. I purchase it for $250. It was very well done, so I figured that it was worth more than $250, even if Krammar wasn't a well known artist. I searched and searched for information about Krammar, and I finally discovered that he was a Texas artist and a museum in Texas was compiling an exhibit of his work. Nothing could be found on the Internet or in my guides, so I called the museum inquiring about its possible worth. My jaw dropped to the floor when the answer came back "$5000." Yes, it was worth a lot in Texas but it seemed nowhere else. I had very little competition in buying this painting because most people would have given up on finding a value on this artist after that initial search. Knowledge and that extra mile will pay off in spades if you are patient.

Harvey Joiner and Robert Knudson are similar situations. There is little known about them outside of a small area of the country where their work is collected. Harvey Joiner's paintings will bring three to five time more in Kentucky than anywhere else in the country. If you check his record price for a painting, I think it will be about $4000. But, I can assure you that the right piece of his work in Kentucky might fetch $15,000- $20,000 dollars or more. Remember the Joiner portrait I bought on the East Coast for $240 sold for $3,700 in Indiana.

I think that you can see what I'm getting at. If a painting has a high enough quality, you might not have to worry if you don't find it in the guides. You can still turn some serious money. By having the knowledge to evaluate the quality of a painting, it can substantially reduce your competition, especially if you don't recognize the artist.

How do you get this knowledge? By looking at as many paintings as you can and trying to distinguish what makes each one valuable. There is no substitute for viewing paintings, but also you have the staff at the 31 Club to help you. When you join us, your one-time membership fee will open the door to a world of help and information. You'll learn why certain paintings are valuable and how to spot them. As a member, you also have access to our Associate Program. This program can help you purchase a painting you might have stumbled upon, if you haven't yet built up the cash to make the purchase yourself. We'll help you buy it and take care of the sale. What could be better than that?

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 Antiques & Collectibles. Learn How to Invest in 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.

"...I spent about 15 years in the antiques and collectible field
and I can tell you this is one of the best books you will ever
read about making money with art, antiques and collectibles."

-Skip McGrath, Auction Seller's Resources & EBay Powerweller

"It has been a great pleasure knowing Daryle for more than
10 years. I share his excitement in releasing this book. He is
a man of his word."
Riley Humler, Cincinnati Art Galleries
Consultant, Antique RoadShow

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Sunday, January 13, 2008

Daryle Lambert: No Great Deals to be Made in Antiques & Art???





When I begin to think I have heard or seen everything, that is precisely the moment I get the biggest surprises. I've been sharing my views of the Antique and Art market with all that will listen for over six months now through this Blog and news articles. Not only have I stated where I stand, I have given examples to my readers of just how good this market is, where I see it going, and how it's better than ever before in history.

Yet, I am continually surprised to read "leaders" in the field of Antiques & Art say there are no great deals to still be made. Even though I share with them from time to time, my personal examples of transactions I make on a continual basis, negativity still rules. My heart aches for their readers who take this negativity into their mind and heart. I'm dizzy already, shaking my head from side to side.

I feel safe in saying that having an affinity for past eras is an integral part of each one of us who deals in this market. Even the furnishings in our homes and the items in our workplaces probably reflect the times of bygone eras. And, if we're really truthful with ourselves, we might even go so far as to say, in our quiet moments, we romanticize times long gone, especially when the present era can seem so difficult and uncertain. I admit, I do some of this myself from time to time. But when I do, I rarely let my mind stay there very long.

You see, I accept life is always in motion. That change happens. And whether we like it or not, there's not a lick of anything we can do to control that. If we can release the feelings of uncertainty and fear we might have when we notice a change coming on, we free ourselves to grasp the opportunity that lies underneath this change. Making this mind adjustment frees us to move forward, joyfully learning and striving for something better.

But, change is hard for most, and that's quite natural. We're creatures of habit. We like to cocoon ourselves with comfort and familiarity. Something or someone we can count on. This is a false security. It is also our human condition. But, the one who stays in the cocoon, fighting the inevitable forward movement of time, not growing or striving, eventually writes his own epitaph.

There is no question that the Antique market has changed. And if you're working the same way, selling the same middle to lower end items you've always sold, it's time to change. Every business market has changed. It's the nature of the beast. The last time I went to retrieve my car from a garage in Downtown Chicago, I put my claim ticket into a machine, slipped in my credit card, walked to my car, and got through the gate without ever once having to deal with an attendant. That business, too, has changed.

In our business, the opportunity is in the more rare and valuable items and in the upper end of the market. This is what sells like hotcakes. I've said that time and time again. I know it's hard to let go, but why would anyone want to continue to battle the trend trying to sell what people don't want to buy?

Know the trends. Know your customers. If they don't want what you sell, why are you still trying to sell it? If you can hardly sell items now for what you paid for them earlier, why are you still holding onto them? Sell them at a loss if you have to, and get your cash moving in what people want, that quickly sells. If you must deal in fewer items because they cost more to buy, so what? They sell faster, and at greater prices. When you re-circulate the money into buying even more valuable items the next time, you make even more money when you sell.

No one comes into your shop anymore? Higher end items are where it's at. Do you have any? Is your shop in an area that will attract high end customers? Do you even need a shop to sell high end items?

Many people have had to change their methods of doing business to take advantage of this upsurge in the upper end of this market. Those who have made the choice to change, prosper. Have you make that choice?

The book I've written is a step-by-step method of succeeding in the high end market. Have you read what it says inside? Does shifting into the higher end market take some work? Yes. Is it necessary to grow in knowledge. Yes. Are you willing?

I recently bought a painting for $240 and sold it at auction for $3,700. The average person trying to make a few extra dollars in this business would think that this return was exceptional. Even an old time dealer might agree. $500 just bought a friend of mine a painting, that by all the records, shows promise for selling for over $25,000. These examples aren't million dollar trades, but these are happening every day. How do you think all these records are being established? By people who’ve increased their knowledge to know a good piece when they see one, doing the research, and selling them to people who are ready, willing and able to buy. Do you think that the Warhol painting that sold this year for approximately $71,000,000 was purchased for $50,000,000? I doubt it. It could have very easily been purchased for under a million dollars.

I would like for all these negative writers to raise their collective heads to see and feel the sunlight. In fact, I would like to see our journalists interview some of the people who are experiencing these record sales, rather than quoting the doomsdayers. When I hear a baby cry, I pick him up and try to comfort him. If you, as a collector or dealer, hear someone complaining, why not share with them a positive message?

If you are a dealer who has fallen prey to this negativity, can you possibly see the glass as half full? Can you decide to adjust your thoughts. When you can, you’ll soon see yourself emerging out of that cocoon, the butterfly God intended for you to become.

We collectors and dealers are the luckiest people in the world. We meet wonderful people, our time is on our own schedule, and we have the opportunity to make unlimited amounts of money if we are wise enough to see it, take the action necessary to increase our knowledge, and go out there and do something about it.

I personally wake up each and every morning with a spirit of adventure in my heart, knowing this could be the day I have found a great painting bought well, or a painting I sell for over $100,000. Maybe even $500,000. Maybe higher.

Discover how the 31 Club together with our book can be the tool that helps you build more personal wealth dealing in the rare and valuable upper end markets, rather than the conventional methods of stock, bonds, and real estate investing. You won't find these kind of results with your bank or your stock broker! Find out more about joining our growing community of antique and art wealth builders here.

Read more about The Million Dollar Challenge 31 Club members are participating in.

If you haven't yet had a chance to see what we've got listed in the 31 Gallery & Marketplace, click on over and take a look. You might even find a real bargain. We've got many high quality items priced reasonably. If you have a high quality piece you'd like us to find a buyer for, why not consign your item to us. No high fees when you sell with us. Contact us here.

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