Art Basel is in town once again. I've read a couple of articles on Swiss Info about how the value of artwork is exploding. One article said that the art market is "...estimated to have grown by 25% [in 2006] - and the boom is expected to continue." However, it was a quote from another article that really caught my eye:
"There is no control over the prices, which can double from year to the next, even if the artist never had a personal exhibition or a real career...It's dangerous for youngsters with no experience who might [go] off in directions they might have never taken without financial success."
Danger...Schmanger! I'm gettin' in on the action, and you're welcome to be a part of it. However, ya better act quickly...because my prices are going up, up, UP!!!
If you'll recall, I went to Art Basel two years ago today. After viewing a lot of the artwork, I decided to improve on a piece that I had seen at the show. At that time, I set the price of this work at CHF 7,500 (Sorry, I had to cut off my signature from the bottom of the masterpiece because I want to avoid identity theft.). Now, if the price doubled from 2005 to 2006, and then doubled again this past year, I guess that puts the current price at CHF 30,000 (approaching $25,000 U.S.). Of course, the price is negotiable...but not much. I mean, Mrs. TBF and I have gotten used to it sitting in a prominent place in our living room, and we'd kind of hate seeing it go.
I still haven't done the "all black" painting like I wrote about in my post from two years ago, but I think that'll have to wait because...
I saw this painting in the article about Art Basel 2007, and...I kind of like it. I think I'll get out the old paints and go about duplicating this one too. Naturally, with some of my own improvements.
You know how you look at things at an art exhibit and say: "I could do that!"
One of the differences between me and you?
You COULD, and I...DID!