Very rich people are not always clever or good at making money. Some have inherited or stolen everything they own. However, most wealthy people are pretty shrewd and many are entirely responsible for the fortunes that they have made and retained. It is therefore interesting to reflect on why so many ultra rich people invest in an oil painting. Tycoons who have made fortunes will regularly spend a good portion of carefully husbanded cash on a single art work. Works by Rubens and Renoir are usually owned by countries but some works by artists of the caliber of Picasso or Van Gogh are in private collections having been purchased for millions of dollars. In 1948 Jackson Pollock produced an oil painting that was sold in 2006 for $156.8 million. In view of the small production costs this might be seen as an investment in time and skill that is worth what an industrialist making T shirts might see as a miracle. It explains why artists are actually among the most highly paid people, although many would find that difficult to believe. It is difficult to sell a painting for this much profit unless it acquires an identity of its own which may be partly it own attributes and partly what other attribute to it. An anecdote might serve to illustrate a point about why artists are special. A youth who enjoyed painting wanted to make it his career. His father, a wealthy scientist, dismissed the idea contemptuously, advising his son that art was for 'no-brainers'. In doing so he demonstrate an attitude that prevails commonly in materialistic societies. The boy turned away to became a lawyer, so illustrating an important point about genuine artists. Many would rather die than not do art. That is their passion and they have to take the risk of living by it, often suffering severely as a consequence. In great pictures something of the passion remains on the board or canvas as an irresistible part of the picture. Oil paintings are highly favored as investments because they afford daily pleasure, appreciate steadily and take very little maintenance. They, frame the daily lives of their owners affording pleasure that eclipses their financial worth. That makes them unique investments. Ownership provides intellectual, social and emotional pleasure. A story is told that one of Van Gogh's oil paintings was used as the floor of a chicken coop before being discovered and restored to its pristine condition. This illustrates the durability of oil paintings. In addition the oil medium allows artists to work slowly adding layers to create texture and effects of light. The Internet is a great way to find an oil painting that may be affordable and worthwhile. Although hand painted copies of great works may be bought online they are probably not good investments because they cannot easily be resold. An original work by a little known artist could be a better investment if it pleases. The pleasure that it gives will be worth what was paid for it and if the artist becomes famous its aesthetic worth may be enhanced by a considerable fortune. To find out everything about Oil painting reproductions, visit Arold Augustin's website at http://www.great-artworks.com to find nice oil paintings' deal.
Related Articles -
Oil painting art, oil painting reproductions,
|