Anyone ever sell their Thomas Kinkade painting?

[EKW]

I don't have personal experience, but I saw a bio about Kincade about a year ago where they were talking about how galleries were suing him because he was pumping out so many paintings. The one gallery owner said that Kincade was cleaning up because he was contracting with the galleries for minimum sales prices, and while fans were still buying paintings, there is such a glut on the market that there is no competition (which would drive up the gallery profits), and then, no resale value.

(I hate to add this, but one of the fans who had tried to resell and found he couldn't said that Kincades have become the beanie-babies of the art world.)

 

[dhardawa]

Something that you have to remember about art is that it is NEVER a short term investment.

The names of prolific master artists who died poor and destitute goes on for pages and pages.

Works that some of the worlds greatest masters sold just to buy food are now worth millions of dollars.

Original Thomas Kinkade paintings - NOT embellished prints on canvas - but actual original one of a kind paintings will indeed be worth a million some day.

However, the embellished prints on canvas may be worth $1,000's or $10's of thousands someday - but right now with the market still full of mass quantity productions, you WILL NOT get out of the works what you paid for them. You won't even get 1/2 of what you paid for them.

You would be better off wrapping them in a sheet and putting them in the attic - and mention them only in your will. You won't find someone to pay over $4,000 for an embellished print on canvas right now.

Art is not a short term investment - and paying retail for art is rarely if ever a good decision.

If a person was hoping to retire on gains from the sale of an art collection - the economy will most certainly prevent that from happening any time soon.

Thomas Kinkade is a pop artist - yes, he paints in a classical style - but in all reality his work 'hit the mainstream' which makes his work common - and available to the mass market. Should he be respected as an artist, yes - he is extremely talented. However, he should be more respected as a business man. He's a millionaire!

The Disneyland 50th anniversary work is beautiful, but unlike the vast majority of Kinkade's painting, it has a very limited/niche market. So your investment may not realize for another 50 years or so when Disneyland turns 100!

Hate to bear the bad news - but that's the art market.... especially these days!

This is all very true and I wanted to add, collector prices are unframed prices. Once a print or a canvas is framed it loses value because it is no longer in mint condition. Also, if it has been hung (i.e. exposed to light) is loses more value.

 

[horseshowmom]

Since there seem to be some on this thread who know something about art (certainly not me!), may I ask a question (I apologize for being off topic)?

Someone I know was given a Paul Edelstein painting awhile back. They were told it cost $1000 and that he had a fairly substantial following in the South. Due to some unpleasant circumstances, the painting evokes some sad feelings, and the individual has considered selling it. I can't even find that his work sells for much of anything (let me add here that there is no question that the purchaser was completely honest about what they paid for the piece of art - I'm just not too sure whether it was worth what they paid).

Anybody have any input?

 

[Swimalie]

Sad? Not really.

Its not good for the average person to buy a 'collectible' in the hopes it will someday be worth more.

You buy something like this...a painting, a figurine, etc...because you like it and want to keep it.

Or in my case, I'm sitting on a bunch of Disney things I was given by my mother in law. She thought I would really like them all but I'm not a display type of person. The limited edition 3-d plates and other things are just sitting in the original boxes. I keep listing them on craigslist but very few takers so far. I just want the space in storage back!

 

[crisi]

Or in my case, I'm sitting on a bunch of Disney things I was given by my mother in law. She thought I would really like them all but I'm not a display type of person. The limited edition 3-d plates and other things are just sitting in the original boxes. I keep listing them on craigslist but very few takers so far. I just want the space in storage back!

My mother in law finds these "treasures" at garage sales. Its taken fifteen years, but we've finally convinced her I'm not a "stuff" person.