An Appreciation for Fine Art
Oil on Canvas from Hudson River School, Unsigned
The world of Fine Art is an Extraordinary
and Fascinating place. Paintings from the 18th and 19t century are surprisingly
are pervasive throughout the globe. However, there are paintings from certain
Schools of artists that are rare and few in between. While the <SPAN
class=yshortcuts id=lw_1223856391_0
style="CURSOR: hand; BORDER-BOTTOM: #0066cc 1px dashed">Hudson River School
Artists</SPAN> were unpopular at one point of time the same school of artists
have paintings on the market selling for millions of dollars. The author of
this article developed a love for the <SPAN class=yshortcuts
id=lw_1223856391_1>Hudson River School</SPAN> several years ago. While he was
learning all that he could about these talented artists, he purchased his first
painting for $250. Only 3 words could describe it upon its arrival and first
viewing, "What a Mess". The painting was dark and grimy with a weak canvas.
Its excited new owner had the painting relined and cleaned. The cleaning
brought forth many warm fall colors. Over the years the owner added to his
collection of <SPAN class=yshortcuts id=lw_1223856391_2>Hudson River Art</SPAN>,
and recently decided to<BR>sell one of his first paintings with hesitation at an
auction, in order to free up some cash. <BR><BR>The estimate for the painting
was between $1500 - $2500. In his mind, he was ok with the estimate since he
would have made a profit of 1250 or more for his $250 investment. The bidding
started at 19.99 and eventually ended at 8,700. The owner was more than happy
to release his once prized painting. Even though we are in the middle of a
recession, that did not stop its new owner from paying for the painting
immediately. The recession and the love for fine art, did not stop one of the
heirs from the Walmart empire from purchasing a <SPAN class=yshortcuts
id=lw_1223856391_3>Hudson River School painting</SPAN> for $45 million. No
matter how bad our economy is doing, in most cases, it has little influence on
the Art market. If you learn to make wise investments in fine art, when you
need to sell your art, you can still get the going rate or above for your item.
This is truly an Appreciation for Fine Art.<BR>