I am reading Discover Your Inner Economist by Tyler Cowen who also authors the popular economics blog Marginal Revolution. There is a very interesting section that discusses the attributes of paintings that add to their value. Professor Tyler writes:
Paintings with light colors sell better than paintings with dark colors. Happy portrait subjects sell better than widows. Horizontal pictures are easier to hang over fireplaces and sofas. Other market regularities include:
- Landscapes can as much as triple in value when there are horses or figures in the foreground. Evidence of industry usually lowers a picture's value.
- A still life with flowers is worth more than one with fruit. Roses stand at the top of the flower hierarchy.
- There is a price hierarchy for animals. Purebred dogs help a picture more than mongrels do. Spaniels re worth more than collies. Racehorses are worth more than cart-horses.
These are some of the issues that will be discussed at IncreMental Advantage's Intelligently Acquiring and Disposing of Fine Art and Collectibles Conference. More information is available at www.incrementaladvantage.com or by contacting Neomi Barazani at 609-919-1895 ext. 100 or neomi@incrementaladvantage.com.
Comments