Invest on Art Pieces
Posted on | March 26, 2009 |
In this time of recession, art is a safe way to bet and speculate. Rather than hide one’s cash under the mattress, invest in excellent artworks.
Once, I received a P20,000 cash gift from a former employer, and I did not know what I ate that day, but when I headed to the mall, I did not buy shoes nor bags. Instead, I bought two pieces of Juvenal Sanso from Gallerie Joaquin. I am sure those Sanso of mine do not cost P20,000 now, since art appreciates. And given a choice between an Hermes Birkin in crocodile-skin or an H.R. Ocampo canvass painting, I would choose the latter without batting an eyelash. Artworks are investment pieces just like designer bags, but unlike designer bags that you tend to use and abuse, you care for your art collections, even getting insurance just in case it gets stolen or, heaven forbid, a fire hits your place of dwelling.
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