Appreciation of Auto Art ?

Pretty grim WILLIAM H.

Buy it because you LIKE it, I had many, many artist's proofs from Jay Koka framed and matted before I moved to the dome tent..

While theoritically UP in value, as they were numbered, signed and no longer available, they'd go for pennies on the dollar in an emergency liquidation!

Kind of like my Ludwig drum set from the early 60's, Zildjian symbols are up 1000% from the prices marked inside mine.....
Still, ZERO pawn value, my brudda!

And when I drive a nail in the dome tent for hanging a Jay Koka, rain comes in........!!!!!!!!

 

You'll be in New Orleans???

We'll talk there....

I have no experience with the bronzes, but I see them in River Oaks galleries sometimes.....I haunt them looking for vintage Sterling Silver bolo ties, the old Indian cut turquoise.........

 

Automotive Art rarely if ever appreciates in value.

I guess the good news is, that one can buy them 2nd hand for much less.

 

Hi William - buying automotive art is like buying real cars...you purchase things you like, you don't speculate. As with good cars, typically 'strong' pieces will hold their value and some will even appreciate. But there is no guarantee. Check out my collection at http://www.collectorstudio.com for unique/rare memorabilia. Many special items are not listed on my site so email me at [email protected]

Morry

 

i agree.
100%.
whole heartedly.



GT

 

Good luck with picking a "strong" piece.

Even works of known automotive artists have plunged in sales. And works of unknowns that the owners thought the world of can be picked up for close to nothing.

Buy it because you like it, not as an investment. If you want to invest, then buy stocks or real art. "Real" as in what hangs in reputable museums. Automotive art will never make it into a museum. Whether that's justified is another question, but such is the reality of the art world.

 

I like Jay Koka and many others that are members of the AFAS they have a good Quarterly, or used to........

That IS real art as far as I'm concerned, signed remarked Press Proofs, etc....usually numbered as such.

The naked girl on the hood of a Boxer, well maybe not art, but I know what I LIKE!!!!

I think Morry is referenceing original oils and bronzes, but you'll recall the lifesized oil of Schumi taht was posted here, with very little interest....I guess Gary sold it eventually.......

 

For us petrolheads this is real art. But for the real art world it is not. As reflected by the lack of price appreciation.

PS: Britto worked on his two Ferraris and was ridiculed on here for doing that. Yet his works sell for a lot more than any of the automotive artists.

 

I have a Ferrari Art Car.......LOL!

That's art.........more Performance Art maybe......

 

Alain Prost's F1 Ferrari made it into an art museum in New York.

 

Correct, I have two of that show's brochures.........

 

That's also what I tell naysayers on my art car, "some cars start closer to 'art' than others"......LOL!

 

You'd be really close with a BMW M1.

 

I mentioned not to buy artwork as an 'investment'. However, I have many giclees and originals by Alfredo de la Maria, who is considered among the elite motorsport artists in the world. His artwork can be found in several museums, including the BlackHawk in Danville, the Matsuda in Japan, as well as in private collections world wide. See some of his work below....it's way more complex than the average piece. I originally bought and sold his originals for US$5000, now the sell for as high as US$50 000.

As well, I have been buying and selling original 1930s Monaco GP posters for the last 10 years. The first one I sold in 1997 went for US$4500, that same poster would now sell for more than triple! These are what I consider to be example of 'solid' purchases....and at the same time, pieces that have appreciated nicely over time.
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Those are automotive museums, not art museums.

De La Maria lithos go for $ 100 a piece. That's not a good sign. I see that he offers some originals in the 50k range, but I wonder how long it will take to find a buyer. This is such a niche market.

Do you actually know of some of his originals that had a significant increase in value? Just curious.

 

Actually the BlackHawk Museum published some of his work on cheap paper and in large quantities - selling them for $100-$300 each. This pissed AdlM off, so he cancelled his deal with them. That was 10 years ago. Now everything he publishes is on canvas, numbered less than 100, and printed in giclee format, selling for $500-$2000 each. I have sold several dozens of these...as well as a few originals...then again I specialize in high end memorabilia so my niche is quite different.

The bottom line is there is no denying the his talent...other artists (Grant?) can comment on this.

 

http://www.specialistauctions.com/auctiondetails.php?id=822027

Pre 1997?

 

Also I recently bought this piece from a private collector - he originally purchased it from the artist for US$7500 - I resold it for more than double....Proof enough?
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I think the signed Moss print in your link is a much earlier issue but cannot be sure.

 

Yup.

 

BMW did a whole series of Art Car race cars....I have two signed Dave Marek prints of them (Warhol and Litchenstein) in Valeria's living room, and they resiisued them all at 1:18 die casts recently...

They were actually my inspiration for the handprints by my children , on #22127 as seen in Cavallino #133

 

Legend has it Warhol didn't paint the M1, but one of his shop boys....while he banged Edie....

 

Didn't know that part, but not surprised. I saw the original cars at the BMW museum in Munich.

I got the Warhol and Lichtenstein 1/18 cars and positioned them next to their respective lithos. I like mixing 2 with 3 dimensional art.

 

I actually liked the use of old car parts with car badges / hood ornaments and pictures, there was a booth at the Concours on Friday that did this with picture boxes. Some nice stuff to put in a game room.