Indian economy is doing well and India has managed to survive the global crisis pretty well. There were people wanting to come in to buy before 2008, but the price rose too sharply then. So they want to come in now and see if they can get premium values on their choice of artworks.
From 1875 to 2000 art has outperformed fixed income, but underperformed equities. And in the past two and half years of stock market losses, art has outperformed equities.
With uncertain stock market returns and interest rates at their lowest in decades, nervous investors are now considering alternative investment avenues. Some of them are hoping to find solace in alternative investments such as fine art, wine and even stamps.
Cruising Cruise Art Auctions A cruise art auction is exactly as it sounds: it's a sea cruise that displays and sells fine art. With name-brand artist prints, drawings and paintings that come hyped with certificates of authenticity, the cruise auction can seem like a boon to the aspiring art investor. The artwork changes each day as lots are sold off and written appraisals suggest pieces are offered at a fraction of their value. You might feel like you've stumbled into a floating investment paradise.
authenticity, transparency, provenance are very important aspects to consider before buying an artwork. purchase artworks only from reputed organizations who will be able to provide the necessary documents to you, which will ensure the safety of your investments.
World record for the most expensive Chinese art work has been created on 12th November,2010 when a Chinese antique vase came under the hammer for $69.3m in Bainbridge’s, a British auction house (the hammer price does not include 20 percent in fees and taxes).
Re: copal art
by me_artindia1@rediffmail.com on Nov 22, 2010 05:40 PM
It belonged to the Qianlong dynasty and was discovered in the attic of a modest suburban home. The piece belonging to the 18th century is an incredible work of art and Chinese culture.
Re: Re: copal art
by me_artindia1@rediffmail.com on Nov 22, 2010 05:45 PM
This lays a compelling question to those assessing the Indian art and its valuation stand. The most expensive primeval Chinese work of art is Rs. 366 crores, but the most expensive primeval Indian work of art is of Rs. 3 crores, that is Tipu Sultan’s gold finial
Re: Re: Re: copal art
by me_artindia1@rediffmail.com on Nov 22, 2010 05:48 PM
It is not that India does not have ancient murals or extravagant modern works of art or the national heritage legacy of art, it is just that the Visibility, Connectivity and right Positioning of placing Indian art to the world is still in the routing, which is the core reason why Indian Art is currently undervalued and should form a part of a collector’s most treasured collection of all times.
the factors which can influence prices for artist’s work are easier to identify. They include: the popularity and reputation of an artist; views of art critics and commentators; the quality of the art work; the subject; previous buyers especially if they are celebrities or high profile collectors
