Linda LaStella, a full-time clay artist based in New Jersey, responded to my post about art being an un-savvy investment with this comment. The second paragraph is especially telling.
First, thanks so much for beginning this conversation! As a full-time artist, this is an issue dealt with daily. American society has a very hard time appreciating visual art. In popular media… film, TV…the visual arts are very often demeaned. I believe it is because the visual arts do speak to our spiritual nature, and so call for a degree of quiet and contemplation to appreciate…certainly a perfect element for a true home.
I believe “the investment” you are making when purchasing visual art is in YOURSELF…”priceless,” as the familiar ad goes…will your spirit be renewed daily by living with that object? Does it really resonate with your own interior beauty? Spirit of playfulness? Depth? Will its positive energy enhance every gathering of family & friends you have in that space? That, I believe, is what your are paying for when your purchase a piece of art.
I am reconsidering my opinion after reading so many comments about the virtues of art. Perhaps I should create an “art” budget so buying original creations seems like less of an idol splurge. Do you budget for art? How do you afford it?
UPDATE: Had highlight this comment by reader Tessie, who agrees with me that art is not a good investment, but says I should have bought the pastel anyway.
Unless you are very knowledgeable or extremely lucky, art is not likely to be a good investment. But with this piece of art, you missed the point. It is a watercolor of a place where you have hiked with your mother and sisters and that has an emotional connection to you. Once you lose your mother and end up far away from your sisters, the landscape would bring you good memories time and again. Some day you will regret not having bought it. Some things should not be thought of as investments, but rather as memories.