Monday, March 23, 2009

Tribal Art - Investing in beauty and life enrichment

According to an arts and antiques newsletter, the economy is having a peculiar effect on art and collectible purchases.

To quote, "The Finer Things", a fine art gallery in New York and Cincinnati, "has seen requests for quality antiques, fine art and jewelry increase ten-fold in the past few months."

It seems that when 401Ks and retirement/investment funds based in securities go south, investors look for items of solid, three-dimensional value.

I am not very surprised. At the very least, a treasured object is something you can look at, enjoy and have enrich life even if the value doesn't go up.

(Incidentally, we always encourage buyers not to buy for investment. Art and collectibles are highly undependable as potential investments. They can just as easily go down in monetary value as appreciate. Buy out of love and a desire to have an object in you life. Those are experiences you can't discount. They will last forever.)

For previews of how objects of tribal art can make you smile and feel good, check out our web sites at ZuniLink.com, Native-JewelryLink.com, Native-PotteryLink.com and TribalWorks.com

7 comments:

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Gail Alexander said...

I agree that it is very rewarding personally to buy art out of love rather than just for investment. That is why I like to purchase art at shows where I can meet the artist of the piece that I just can't live without.

William & Susanne Waites said...

@Daphne - I understand. We live in a digital world and sometimes the only way to get the art to the owner and vice versa is with an electronic auction. Best if buying, however, to have the assurance of return privileges if the item has been misrepresented.
@Gail - Too true. Art is an expression of the artist, meeting and getting to know the artist enriches the reward of ownership. That's why we buy from the artist whenever possible or, if done through a middle-person, we like to buy art by an artist we already know. Of course, with historic art, which much tribal art tends to be, meeting the artist is not an option.
Bill

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