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The following article was published in our article directory on December 26, 2011.
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Article Category: Arts and Crafts
Author Name: Arold Augustin
Many people who operate in the upper reaches of the financial world regard an oil painting as a great investment. Very wealthy people sometimes collect paintings and in the corporate world it has become fashionable for firms to furnish board rooms that are both works of art and also considerable investments.
Although major works by painters such as Rubens and Renoir are mostly owned by governments and nations there is nevertheless a healthy market for private collectors. Private individuals and some corporations with money to invest attend auctions either personally or through agents and pay very considerable sums to own a masterpiece. They understand the investment and aesthetic value of works that might grace a board room or private collection and at the same time constitute a growing asset.
It comes as a surprise to learn that artists can be shown to be statistically among the most highly paid professional people. They are more highly paid than, scientists doctors and lawyers. Jackson Pollock created a picture in 1948 that was sold in 2006 for $156.8 million. Statistically this would account for many works not sold at all but it throws light on the value of art works that succeed when compared with other manufactured products such as buttons or motor cars. Things of beauty are joys forever, and very much more expensive than ordinary objects.
Genuine artists are special people, as an anecdote might illustrate. A talented young painter decided that he would like to make a career of art. His scientist father dismissed the idea contemptuously, describing artists as 'no-brainers'. In doing so he reflected a view that is common in much of society.
The boy gave up and became a lawyer instead. If he had been a genuine artist he might have persisted. Many stories depict the incredible courage and dedication of real artists. They persist through poverty and hopelessness driven by something greater than themselves to create things greater than themselves.
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.
Oil is prized as a medium among art collectors. Paintings often have compelling textures and the effects of light can be explored because artists can work slowly, adding layers. The durability of the medium is demonstrated by the story that a painting on board by Van Gogh was found serving as the floor of a chicken coop and restored to life as an art work.
The World Wide Web is an excellent thing for a collector to use when he is searching for an oil painting. Many hundreds of works for sale may be explored and great works may can be used as points of reference. Although it is possible to buy hand painted replicas of famous works it is probably better to find an original work that pleases by a lesser known artist. It will serve its primary purpose of pleasing but may also become a financial treasure if its creator finds fame.
Keywords: oil paintings, oil painting reproductions, painting for sale
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