One for the Money, One for the Art
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In a year of surprises, some unknowns soared, and some big names plummeted.
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The renewed appetite for art as an investment is drawing attention to a small number of scholars who have been applying economics to this new asset class.
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Randolph-Macon Womanâs College in Lynchburg, Va., is exploring the possibility of sharing its most valuable asset: a world-class collection of American art.
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The scene: A downtown art studio. Patrons swill martinis, sample hors d'oeuvres and consider the displays in chin-stroking contemplation. A normal gallery opening &#151; what's unusual is the art.
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The Parrish Art Museumâs show feels at times like a master class led by artist Eric Fischl, although a somewhat anachronistic one. Painting is hardly dead.
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One film old. A big film in the kitty. And now, a cool endorsement.
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Style and design are not the only issues filling the days of Robert A. Lutz. Increasingly, much of his attention has also been focused on the cost side.
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Reviewers find one of the least-expensive sets performs nearly as well as much more expensive sets.
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To engage with an artwork, especially contemporary works, can be a daunting task.
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If you have a strong hunch on a niche, here's a handy investment.
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Sometimes, buying new is worth the expense.
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Commission an original composition for $2,000, or even $5. Some music lovers have even formed investment clubs to raise funds for new works.
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One art lover in Sweden paid 1,000 times over the starting bid for a painting billed as the work of a student of Peter Paul Rubens after learning the Flemish baroque master may have painted it himself.
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There is art, and there is money. The twain seldom meet. Or, to steal a line from David Thomson, author of the eminently useful reference work "The New Biographical Dictionary of Film" (Knopf, 1,008 pages, &#36;22.95), just out in paperback, there is "Chinatown," and then there are "umpteen possible future 'Mission: Impossibles."'
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Cheap for a reason, or great opportunities? We investigate.
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Foreign collectors want them. Newly minted local millionaires want them. The rise and rise of the country's modern artists
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There's one way to sift through all it has to offer.