Last weekend I vetted the Houston Antiques Dealers Association (HADA) show at the George R. Brown Convention Center in Houston. I was pleased to see so many dealers with packed booths and more then 20 new dealers who were very excited to be at the show for the first time.
My assignment was to vet, among other things, the bronze sculpture. I was amazed at the large number of bronze sculptures brought to the show, more than I had seen before. Many dealers had more than 10 each that ranged from $6,000 to $40,000. This says two things, first they were able to acquire high end bronze sculpture well below cost because the economy is slow, and secondly they are seeing a change in the market for bronze sculpture and were speculating.
On the final day of the show (Sunday) I went back to the booths where the majority of the bronze was. Many, many pieces were sold. I was thrilled and so were the dealers.
I just read an article in Art World News that states: " When it comes to sculpture sales, galleries are finding that today’s collectors are more receptive to expanding their existing collections with the addition of sculpture in an effort to not only own a beautiful piece of art, but to park their money where it may either hold its value or possibly increase as the years go on. While galleries let it be known during the sales process that nothing is guaranteed, collectors are finding that they can put their money into something that will bring beauty to their homes now, that will in future become a part of their legacy to another generation. Sallie Hirschberg, CEO of Galerie D’Orsay in Boston, has noticed over the past few months that collectors are recognizing the dual potential of sculpture as a possible financial safe haven and an inspiration in their lives in difficult times.
To read the rest of the article CLICK HERE
My assignment was to vet, among other things, the bronze sculpture. I was amazed at the large number of bronze sculptures brought to the show, more than I had seen before. Many dealers had more than 10 each that ranged from $6,000 to $40,000. This says two things, first they were able to acquire high end bronze sculpture well below cost because the economy is slow, and secondly they are seeing a change in the market for bronze sculpture and were speculating.
On the final day of the show (Sunday) I went back to the booths where the majority of the bronze was. Many, many pieces were sold. I was thrilled and so were the dealers.
I just read an article in Art World News that states: " When it comes to sculpture sales, galleries are finding that today’s collectors are more receptive to expanding their existing collections with the addition of sculpture in an effort to not only own a beautiful piece of art, but to park their money where it may either hold its value or possibly increase as the years go on. While galleries let it be known during the sales process that nothing is guaranteed, collectors are finding that they can put their money into something that will bring beauty to their homes now, that will in future become a part of their legacy to another generation. Sallie Hirschberg, CEO of Galerie D’Orsay in Boston, has noticed over the past few months that collectors are recognizing the dual potential of sculpture as a possible financial safe haven and an inspiration in their lives in difficult times.
To read the rest of the article CLICK HERE
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