You Don’t Have to be That Insanely Wealthy …

… to invest in art. I went to MOMA the other day, the first time in years! I didn’t love it after the big renovation, and haven’t been back since. I didn’t walk out feeling energized, after having immersed myself in art I loved. But this time I was. I saw tons of paintings that I loved. None of my pictures of them came out well, alas. The one in this post is a Joseph Stella.

My favorite current exhibit there was the photographs by Latoya Ruby Frazier. But so many of the shows there, and I can’t remember now if the Frazier show had this problem as well, but there was too much text accompanying the photographs. In one case there was enough text to fill a small book (not the Frazier show). There is no way I’m going to read that much in either a museum or gallery setting. The photographs are still stunning, you don’t need the text. But I would love to have the text available to download in cases where I want more backstory. (For all I know the text is downloadable.)

Yesterday a friend and I went in and out of a bunch of galleries in Chelsea. In each case I noted the price of every painting I loved. They generally went from around $5,000 to $18,000, which is more than I could ever afford, or even bring myself to spend even if I had it, but not a lot for many of the people who live in NYC. Or even in my own building! Art investing, and really great works of art, are within reach of a lot of people. I wonder if a lot of people are buying.

If they question whether or not art is a worthy investment they should watch a few of the online auctions on YouTube, run by places like Sothebys or Christies. And watch the ones which include young artists. These auctions are fun to watch regardless. They’re exciting, I’ve gotten to know the buyers, the auctioneers, and I learn who the up and coming big shots are in the art world. (Big shots, such an old person term, isn’t it?). Millions of dollars being thrown around like it’s nothing! Great tv.

Joseph Stella

Stacy Horn

I've written six non-fiction books, the most recent is Damnation Island: Poor, Sick, Mad, and Criminal in 19th-Century New York.

View all posts by Stacy Horn →

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