Salvador Dali exhibit in TaiPei

Why are people investing in art?

Why are people investing in art?

Published on 14 June 2012.

13 June 2012, Art Media Agency (AMA)

Despite the economic crisis, the art market does not stop breaking records. Since 2008, eleven of the twenty most expensive art purchases have taken place. Less than a week after the sale of Munch’s The Scream ($120m), Orange, Red, Yellow by Marc Rothko sold for $87m.

Several economists assert that art is not the best way to invest. Artwork resale can be extremely complicated because few artists keep the same value on the art market over the years. Moreover, the world of art is unpredictable, and valuing an artwork is not an easy task: it is subjective, although guiding criteria do exist. Sergey Skaterschikov published a report on art investment proving that no artwork purchased for $30m has ever consequently made a profit.

The Times of India concludes that wealthy people buy art to show off.

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Dali Alice in Wonderland Lobster Quadrille

“You may not have lived much under the sea—” ("I haven’t,” said Alice)—"and perhaps you were never even introduced to a lobster—" (Alice began to say, “I once tasted—” but checked herself hastily, and said, “No, never”) “—so you can have no idea what a delightful thing a Lobster-Quadrille is!” “No, indeed,” said Alice. “What sort of a dance is it?”

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Salvador Dali Art Restoration

Interesting video about preserving and cleaning a Salvador Dali orginal museum painting.

See video here

Rare photograph of Salvador Dali

Salvador Dali showing a work he has just completed.

A rare photograph by Giancarlo Botti the well known

photographer and artist.

We have more rare photos of Dali we will upload soon!

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