If you think the stock market is good you should see the art market

[john_1]

I went to the S. weltz auction last night. Wow! I watched the value of my art collection more than tripple based on the auction prices. Record after record fell with ave prices per painting in the 300000 range for the SA masters. Van Esch going for 380 000, top price paid was 1.8million for a small sub standard Erma Stern. If you have any doubt about there being a bit of money about the place. dont!

[Brazen]

Good to know that there's a lot of money washing around. Makes me happy. And glad your art collection is doing well!

[john_1]

All three paintings of it!

[DST]

Maybe we must send a body painting by Gravy to the next Welz shindig. Any volunteers?

[ABuzz]

Hey john - I think we all start out small investing, be it in art, shares, property or whatever. The important thing is to invest as early as possible. 3 paintings is still 3 more than I have - all of mine are just decorative, rather than investments, but who knows maybe in time the artists will "be discovered" and they may become investment pieces.

[TJH]

You know things are overheated when the Americans pay $250 million for David Beckham to come over and play soccer in a non-soccer country. John, you should have sold your paintings and put a buy order in for GFI at R103. There is a greater chance of GFI going to R400 than your paintings rising 4-fold.

[john_1]

Tjh.. That is true but I posted this for 2 reasons 1: It really highlights the value of buying the very best quality of any kind of investment ie BLUE CHIPS and 2: it is a great place to put cash that enriches your life as it does keep pace with the stockmarket over time.

[kr_pto]

oops, TJH, now you've done it... CE is gonna have to come out and respond to that! ;)

[#9]

Dude, SA art is becoming very collectable very quickly. And apparently Russian collectors are driving the art boom... Dont know if you saw the latest SA art auction in UK? some of the paintings fetched well over R1m http://www.ukauction.info/2007/05/25/bonhams-south-african-art-sale-in-london-smashes-three-auction-... ... I bought 2 paintings at an auction this year (my 1st 2) just waiting for the bloke to die now:)

[TJH]

Sure. Then just buy some at R103.

[john_1]

Who did you buy, and If you are right about the Russians you wont have to wait long.

[TJH]

Tribalzone: I've got three Anderson paintings (similar to JDH) from the 1930. He's dead and they still worth nothing. LOL

[#13]

Im a small fry so I bought small fry art... Marius Rossouw... hope he's not a member of the forum;)

[john_1]

I dont have my Catalouge , but I think a Gerard Sekoto sold for over half a mijillion last night.

[#15]

In London a Sekoto went for R1.17m and two works by Stern went for R2.8m & R2m ... Eish!

[john_1]

Found a gallery with some of Marius Rossouw work look interesting.

[john_1]

The Record for a Stern is over 6 mil

[kwagga]

I bought 2 painting 5 years ago. The guy I bought it from said that the one artist is ageing and painting less and less and this works increase annually with 30%. Well today that same painting is worth almost 300% more, and no it's not a Claerhout. My wife on the other hand decided to go for the pretty picture and today you can buy the same painting for surprise, surprise the same price. If you looking to invest in good artists at reasonably fair prices today try Errol Boyley, Adriaan Bosshoff to name but a few. Unfortunately not everyone is destined to own a Sekoto, Stern, Preller etc.

[Maddog]

I own a couple of paintings done by stuart Titcomb (I think thats the spelling) Have you heard of him and if so do you think they would be worth a few Bob??