Page 30 - April 2016 Life In Naples Magazine
P. 30

599 NINTH STREET NORTH SUITE 309 | NAPLES, FL 34102 | 239.261.2637

ASK THE ARTSPERTS                              INVESTING IN ART  www.harmonmeek.com

by Juliana Meek and Kristine Meek

  Dear Artsperts:

   The stock market is so volatile these
days, I wonder if it would be better to
invest in art?

   Signed,                                                                                   ART ALSO LOOKS BETTER HANGING ON YOUR LIVING ROOM WALLS THAN A STOCK CERTIFICATE!

  Investor                                     had a lot of commercial success, but that did not translate to long-term values. Therefore, you should
                                               be cautious about hype. Again, it is best to look to the museums to determine if an artist who is
  Dear Investor,                               commercially successful is also respected and appreciated in the museum and academic world.

   The best advice in acquiring art is            But even in watching the museums, there are still no guarantees that an artist’s work will increase
to buy what you like first and foremost.       significantly in value. Artists who have a reputation in the museum world will always have some kind
When you visit our gallery, we do              of resale value. It might be less, stay the same, or increase. But you can never take an artist’s reputation
not speculate about which works will           away. Once an artist becomes established, there will always be a basis for determining the value of the
make a good investment because there           artist’s works.
is no way to guarantee future values.
However, there are certain things to              Sincerely,
consider in purchasing art that may
lend itself to collecting works that will        The Artsperts
hold at least some value, if not increase
greatly in the future.

   Our gallery has always specialized
in representing established artists
– artists whose works are in the
permanent collections of museums.
We use museums as a barometer for
determining the reputation of the
artist. Other factors contributing to an
artist’s reputation include academically
published books and articles written by
art critics. It is the artist reputation that
determines the value of his or her work
today and into the future.

   Throughout history there have
been many examples of artists who

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