Paying Attention: Stunned by the big prices being paid at auction for fine art? A Picasso [ “Les Femmes d’Alger (Version ‘O’)] was sold this year for $179.5 million . At the same auction, a sculpture by Giacommetti went for $141.3 million (with fees). The fine art world is quickly becoming a very wealthy neighborhood. But there is an alternative and it’s a very attractive one: photography. For decades, photography has slowly been rising in status as a desirable form of art to collect. Now, the trend is accelerating and there are more good pieces of photography on the market by more good photographers than ever before. And, most importantly for the theme of this post, photography is (relatively) affordable. But don’t take my word for it. here’s Bloomberg on why Photography is the is the segment of the art market you should be in.
The Fine Print: Photo illustration from Crafty Dogma, via FLICKR, uploaded on 6 September 2011. Used under Creative Commons License. Thank you for sharing.