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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Mr MRM likes to dabble in art. He bought several inexpensive but good pieces from me. The question is has he continued to expand his horizons and has become more sophisticated? He balked at a piece for just over a G, which I sold in a flash for my price to a guy in NYC.
Btw anything under 5k is considered to be low end. A serious beginning collector is in for 20k a pop.
Artist pricing is set by auction records. That is open market spot bidding. I have several really good pieces by the same artist that I am collectively in for about 2100. A gallery in L.A. who features that artists work (handles the estate) prices them at 50k going to 100k each. So what is the real value?
My guess is that the value has come up from what I paid because they are mid century locus specific L.A. city scenes.
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