The best advice that I have ever given someone is to deal in the areas where they felt comfortable. This means both in knowledge and price. Until you have the knowledge required to buy a $100,000 painting, you will never feel comfortable buying it. Also, if paying a $100,000 for something makes you uncomfortable, you aren’t ready to buy it, even if you have the money.
This doesn’t mean that if you come upon a bargain that you don’t act, it simple means at those time you seek help from someone that is comfortable at those levels. You won’t make all the profit, but you also won’t take all the risk when you're not prepared to do so. I have made friends that have been in the fine art business for nearly a hundred years, and I seek their advice often. They have assured me that they will be available if, and when, I find something that makes me nervous.
You should be finding these people before you discover something. By doing so, you will be prepared to act when the opportunity presents itself. One good way to find these people is at antique shows. The dealers will be more than happy to share information with you, and as your relationship with them grows, they will trust your judgement and then will become your partner if need be.
A second place to look for people to partner up with is the antique shops. Spend some time in your local shops and get to know the proprietors, so that if the time comes that you feel the need for information or money to help in the purchaser of some treasure, these people will be prepared to help you.
The third place I would explore would be personal friends that might like to make some extra money. They usually can’t help you with the knowledge, but they can be a great place to find help with financing. With these three avenues, you should never find a treasure that, combined with others, can’t be bought. Now all that is left to do is go out there and find your treasures. Hopefully, in the future, your 31 Club will be able to fill this need for you. Can you tell us of something you pass on because of price or lack of knowledge?
Showing posts with label business. Show all posts
Showing posts with label business. Show all posts
Friday, August 31, 2007
Thursday, August 30, 2007
OUTSIDER WHAT? - Artist

What do Jessie LaVon, Mari Tirabassi and Doug Odom have in common? You guessed it. They are all Outsider Artists.
The story of Jessie is very interesting, and it can be found by putting her name in the Google search. She had a very serious accident, and this changed her approach to art. I think that her pieces might become as famous as Grandma Moses paintings in the future. I know a person that aquired two of her pieces at a garage sale for $75.00. The largest one should bring $500.00 today, and in the future, who knows?
Maria is a new friend of mine. I met her at the Chicago Antique Market where she was set up. As I passed her display, it stopped me in my tracks. Wow, this painter is something special, I thought. After I talked to her sister for awhile, Maria showed up, and what a pleasent surprise that was. She is a very down to earth lady that will never know a stranger. We talked for some time, and then I decided maybe I should let her get back to work. In my opinion, her work is priced very reasonably, and anyone that purchases it today will be well rewarded in the future. Be on the lookout for her paintings, because the world is going to hear about her. I will be listing some of her pieces on our site very soon. Be sure to visit her at the next two Chicago Antique Markets in September and October. If you wait till next year, I think the prices for her pieces will be much higher. You can visit her website at www.tirabassiart.com. She is presently represented by several Galleries in the Chicago area.
Last but not least, just being a gentlman, I will share my friendship that has developed between Doug Odom and me. I have talked about Doug in previoue blogs, but much has happened since then.
Doug is the best known Outsider Artist in the country. He was picked to spend several hours with the Bushes in their home. That's right, George and Laura as in President Bush. They also choose him to do the annual Christmas tree ornament.
Doug was in the Chicago area this past week doing a show in Highland Park, Illinios, and I helped him set up. Not being able to stay for the show because Josh and I were appearing at the Chicago Antique Market, I was only able to return to his show as he was tearing down. You know me, I just had to ask how he did. His answer was that the piece in the back of his booth, which was his center piece, had to be delivered and there were several other pieces missing from his display.
Doug no longer does cheap pieces. He ask me which one of the paintings I wanted, and of course, there before my eyes was this painting that said Churchill Downs on it. So guess what? It is hanging in my family room as I speak. Doug will be back in the Chicago area in December and will be staying in my home. I hope many of you will be able to visit with him then.
This blog has been rather long, but it will be well worth it to you. I will be keeping you up to date about these wonderful artists and hopefully, many more. I think this venue will serve us well in our pursuit of our goal. Please share with us your stories of local and outside artists you know.
The story of Jessie is very interesting, and it can be found by putting her name in the Google search. She had a very serious accident, and this changed her approach to art. I think that her pieces might become as famous as Grandma Moses paintings in the future. I know a person that aquired two of her pieces at a garage sale for $75.00. The largest one should bring $500.00 today, and in the future, who knows?
Maria is a new friend of mine. I met her at the Chicago Antique Market where she was set up. As I passed her display, it stopped me in my tracks. Wow, this painter is something special, I thought. After I talked to her sister for awhile, Maria showed up, and what a pleasent surprise that was. She is a very down to earth lady that will never know a stranger. We talked for some time, and then I decided maybe I should let her get back to work. In my opinion, her work is priced very reasonably, and anyone that purchases it today will be well rewarded in the future. Be on the lookout for her paintings, because the world is going to hear about her. I will be listing some of her pieces on our site very soon. Be sure to visit her at the next two Chicago Antique Markets in September and October. If you wait till next year, I think the prices for her pieces will be much higher. You can visit her website at www.tirabassiart.com. She is presently represented by several Galleries in the Chicago area.
Last but not least, just being a gentlman, I will share my friendship that has developed between Doug Odom and me. I have talked about Doug in previoue blogs, but much has happened since then.
Doug is the best known Outsider Artist in the country. He was picked to spend several hours with the Bushes in their home. That's right, George and Laura as in President Bush. They also choose him to do the annual Christmas tree ornament.
Doug was in the Chicago area this past week doing a show in Highland Park, Illinios, and I helped him set up. Not being able to stay for the show because Josh and I were appearing at the Chicago Antique Market, I was only able to return to his show as he was tearing down. You know me, I just had to ask how he did. His answer was that the piece in the back of his booth, which was his center piece, had to be delivered and there were several other pieces missing from his display.
Doug no longer does cheap pieces. He ask me which one of the paintings I wanted, and of course, there before my eyes was this painting that said Churchill Downs on it. So guess what? It is hanging in my family room as I speak. Doug will be back in the Chicago area in December and will be staying in my home. I hope many of you will be able to visit with him then.
This blog has been rather long, but it will be well worth it to you. I will be keeping you up to date about these wonderful artists and hopefully, many more. I think this venue will serve us well in our pursuit of our goal. Please share with us your stories of local and outside artists you know.
Labels:
antiques,
business,
collectibles,
Doug Odom,
fine art,
Jessie LaVon,
Mari Tirabassi,
outsider,
treasure,
wealth
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