Art used to be a measure of wealth. Those who had large income invested in paintings. Certain paintings would go up in value just because they were by certain painter, and then some would fetch higher price simply because they were just so well made. The latter usually made the painter’s other works more valuable as well. I’ve noticed a trend where paintings have been replaced by DVDs, books and other similar items in this modern world. Only the elite of the rich invest into paintings seriously any more. Personally I’d like to invest into paintings. That’s why I have few of the hanging on my walls. The word “invest” is a bit wrong in my case, as I do not seek monetary value within them. Rather I seek same value from them as I seek in my other pictorial hobbies; value of art.
Whether or not people say something is art or not matters very little these days. The classical meaning of art has been demolished in the last century and everything has become a form of art. Even farting has been made into an art. I do not know whether this is a sign of growth in general consensus, or if this is a sign of deteriorating society at large. There has been talks about what’s classical art or modern, but that has very little to do that even blogging is called art these days. How can art be a sign of wealth these days if everybody owns what we call art? As always, the answer is simple; rarity. Most paintings are unique and custom made. There will always be copies of great paintings, and some are sold directly as such. Counterfeiting is illegal, but I can’t but smirk when I see Louvre selling posters of Mona Lisa. To me it’s the same thing.
I have three unique paintings on my wall. All of them are made by unknown artists and have little value nowadays. After fifty years or so the value of all three paintings have tripled. I do not value them because they are rare or high in price. I value them because they are all well made and tell a story behind them. A shelf of DVD’s tells nothing. A stack of comics tell nothing. A stack of books do tell individually something about the author, but paintings are unique. Each stroke tells a different story, each shade tells a different feelings and every shape touches the canvas that is the viewer.
Art has value in money. The more you have it, the more you show your monetary status. The more you invest, the more you can show off. You can’t really do that these days without investing literally hundreds of thousands into paintings some people somewhere else might value, if you want to really show that you too are a rich person.
That is if you care about that.