Appreciation of Auto Art ?

Andreas you dog, I had exactly the same thought!!!!!

I was going to mount them on a frame base so they would hang on the wall beside the prints, then the wheels fell off my wallet, and I never got the BMWs......

Post a pic, man..... I bet that gets comments!!??

 

I'm a big Warhol fan ...at least of some of his work, The Menil Collection here (Schlumberger money, Renzo Piano building) has had several shows of his work and they are awesome in person.....

They have him up right now, in fact....."Houston Women"....he did them of several patrons here.

 

My whole place is kinda like a museum, so it is a bit overwhelming for visitors.

They normally comment on Eddie Irvine standing next to his F1. 1/1 scale...

 

Valeria crammed all mine into The Study.....but it leaks out into the rest of her house......LOL!

I have my six framed Jay Kokas in the CLOSET!

A shame.......

 

I should have called you when I was in Chicago, but we went late for dinner after I arrived and the next morning I took advantage of the 'thaw' to 39 degrees and was out of there! (February -07)

I didn't get to see Buddy Guy, either!

Jerry Fisher lived on the outskirts of town, he called to say freezing rain hit again, THAT evening!

 

this thread is now officially off topic

 

Oops. Sorry.
Image Unavailable, Please Login

 

Last I looked Hopper's "Mobil Gas" hung at MOMA.

(Agree totally)

I did recently buy Bill Neal's Painting of Jesse, Andrea, and me talking next to P 4/5.

 

Frankly, speculating on what will or will not appreciate in the Art world is a crap shoot. At best.
History, public (and so-called 'expert') opinions, economics and timing have too big a hand to play to "guess" whos going to be hanging in the Louvre or the National Gallery in 50 years.
As someone has stated: You buy what you love. Best case scenario: it appreciates. Worst case scenario it doesnt but you have something you enjoy looking at for years hanging over your couch. Either way you win.
Trying to guess at whos going to be the next Van Gogh (see below scenario) makes picking a penny-stock look easy.

Van Gogh produced hundreds of paintings, but sold only one, to his brother.

but get this:
Christie's London sold a Van Gogh Sunflowers in March 1987 for a then auction record of $US39,921,750. The buyer, Yasuda Fire & Marine Insurance Company of Tokyo, displayed it in their art gallery.
Later that year, Australian tycoon Alan Bond, winner of the 1983 America's Cup successfully bid $53,900,000 at Sotheby's in New York for another Van Gogh, Irises.

lets compare:
250 GTO: 14.5 million
2 paintings Van Gogh couldnt sell: 93.8 million

Agreed, that is an extreme example.
But IMHO, History can never be repeated. A GTO was worthless back in the 70s... one ended up in a High School's Auto Shop. Masters used their paintings as payment for their food bills. If they twisted the shopkeeper's arm hard enough.
Can ANY Ferrari produced today follow that same path? No.
I could paint just like Van Gogh. Can i sell it for that? No.
However, can some painting produced today by some unknown follow that path? More than likely. Not many. But possible. Its just a matter of who. And just as in Van Gogh's case, no one can possibly know who that will be. Way too many unknown variables.

But as Morry said, Talent will always show itself and rise to some level above others. Great talent = some level of demand. And the price will reflect that level.




Personally, my worst case scenario is that i have alot of Art hanging in my house that i love looking at.
Best case scenario.... anyone's guess. But i'm aiming for that GTO.

GT

(all my own opinion and thoughts)

 

And the modern art museum in Fort Worth has that ominous picture of a Corvette. The one that is described as a Ferrari. But I wouldn't consider those automotive art.

 

I would love to see a pic of that. I have been waiting to see that since i saw you announce it in your P 4/5 thread.
There have been press releases about it but no visuals.

thx

GT

 

Interesting thoughts but I don't think it's impossible a car made recently won't be worth a lot more one day. Ferrari/Pininfarina/and I were recently approached by the Saudi Royal Family to order 9 P 4/5's. That's not something I'm interesting in having happen but I wouldn't be amazed if some day P 4/5 is worth a bit more than it may be today.

I very much agree that one should buy/build with the heart and let the Great/Great Grandchildren find out if you bought a Van Gogh or a Thomas Kincaid...

 

Hi

I really liked it and as soon as it arrives I'll snap a photo. It's like those "Dry Lake Hot Rod" Paintings. Very evocative.

Best

 

I don't think we have to wait that long. As I said before, if it hangs in a reputable museum, chances are it is going to be a good investment. Ten years ago I bought several pop art works. At that time Warhols and Lichtensteins were already in museums and only 30 years old. I could easily sell each one of those today with a very nice profit.

I think a similar analogy can be made for Ferraris: If you bought a Daytona or a Boxer ten years ago, I bet you made a good deal of money meanwhile. Just as I think your 0002 was the deal of a lifetime (well maybe 0846 gets that honor, but let's not discuss this here).

 

Please, sir.. dont get me wrong... various cars today will be worth quite a bit more years from now. Yours included.
My point was, that it (the Van Gogh or the GTO) started from or was reduced quickly to zero, or less than zero. THEN appreciated to the figures of today. Your P4/5 and others - say the F40, the Enzo, Fort GT40 - started out as a princely sum to begin with and was produced in limited numbers (in your case: one) to an already demanding (and admiring) public. Alot going for it to appreciate in value. My point was that some Masters work that is priceless now, was NOT admired or worse spurned at the time of its production. (i.e. Napolean III, highly impressed by the works of Edouard Manet, became outraged when he learned that Manet was refused for the 1863 Salon (the Art world of the day). The indignation was so high among the artistic population that Napoleon III allowed the opening of a "Salon des Refusés'' (Salon of the Refused), where Manet, Pissarro, Jongkind, Cals, Chintreuil, Fantin-Latour, etc. showed their works. )
The P4/5, Enzo or the like has never suffered in such ways. Nor will they.

Hope that clears things.


BTW, i would love to give your car a chance on my easle as well... gotta get some shots sometime. Missed you in Palm Beach last January.

GT

Gosh... Kincaid... (quickly turning green and choking) Noooooo!

 

LOL

Never heard of him, now I looked him up. What a charlatan!
<turning green as well>

PS: Regarding my own point about reputable museums: They do have Ellsworth Kelly in there and for the life of me I can't figure out the artistic part in that.

 

Totally agree that many great artists weren't appreciated in their lifetime.

Best

 

I always liked Peter Helck......I thought they were going to publish a compilation all his work, but I have not seen anything of it........

 

Check out the AFAS website..

Automotive Fine Artist Society.

Good browsing there, but I don't see the P4/5.........