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>