When it comes to buying art most expects will tell you
that the first criteria is to make sure that it is something you like. For
myself I want to know if it is firstly a good investment and then I'll think
about the other criteria later. Why settle for something that just looks
good when if you work a bit harder you can find art that is also affordable
and a good investment as well?
Personally I like art that makes me think. You will
not find any Gum tree paintings in my home!
When I am not buying shares I also like to buy art. I
call this diversifying the portfolio.
I first started swapping emails with Sala in June last
year after he had sold about 500 paintings. It was quickly clear that we
came up with the ideas for our artwork independently and from different
influences. We also wanted to achieve different things with our artwork.
From the amount of publicity Sala is getting for One
Thousand Paintings I knew that they would be a good investment. Initially I
bought three. One to keep, one to give to my sister as a present and one to
sell later on to get my money back. On the secondary market I also bought
the number “6” for $1000 as an investment. I had seen my own single digit
paintings appreciate in value significantly and I again thought that this
would be a good investment although artistically I think the three digit
paintings are more interesting to look at.
I would recommend taking a close
look at Sala's work because I have no doubts that in the future One Thousand
Paintings will be showing up at Sotheby's and Christie's auctions.
PLACE OF PLACES
If you type H.R.
Fricker into Google you will see that a lot comes up. Fricker was famous in
the 80's for his mail art and networking. I got a bit of inside information
about the launch Fricker's first internet project "Place of Places" and I
made sure that I was the first to order a block of 16 Places.
Fricker is going to
hate seeing this photo because I was meant to hang the artwork up and
photograph it in my lounge room. Instead I have kept it packed up and locked
away. Maybe I need to buy another set to display?