Originally posted by wine+art:
Originally posted by GlennK:
$10K+ for some of the works (if you can call them that)!! I don’t get sticker shock by much, but that was a surprise.
price for anything even remotely serious from galleries with respected addresses is currently $5000-$7500 which is WAY down from 2006, forward. If someone was to work very hard at it, one could start collecting at the $2000 - $2500 price point, but be very careful.
There are still currently so many excellent buys under $30,000/$40,000 today, but the market may ( I said may) be starting to move again. The current market for over $5 million has clearly moved, and the over $20 million is as hot as it has been in 20+ years due to the looming tax B.S.
If you get a chance, watch at least the last 30 minutes of Exit Through The Gift Shop
if not all of it.
I’ll add it to my Netflix Q. Luckily, I have not been bit by the art bug and I really don’t see that changing so my money will go elsewhere.