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Path: utzoo!watmath!clyde!burl!ulysses!mhuxj!houxm!vax135!cornell!uw-beaver!tektronix!hplabs!hp-pcd!bruce
From: bruce@hp-pcd.UUCP (bruce)
Newsgroups: net.invest
Subject: Should I Invest in Art?
Message-ID: <8700007@hp-pcd.UUCP>
Date: Fri, 21-Sep-84 17:41:00 EDT
Article-I.D.: hp-pcd.8700007
Posted: Fri Sep 21 17:41:00 1984
Date-Received: Wed, 26-Sep-84 04:34:30 EDT
Organization: Hewlett-Packard - Corvallis, OR
Lines: 25
Nf-ID: #N:hpcvrb:8700007:000:669
Nf-From: hpcvrb!bruce    Sep 21 13:41:00 1984

$-----------$


Does anyone out there in net.invest.land have any experience
with art as an investment?

I am considering the purchase of a newly offered print by
Salvadore Dali.  It is a nice print but I certainly wouldn't
consider spending that much (~$1500) on something just to put
on my wall.

Does this sound like a reasonable place to put some of the
money that I have to invest?  

Any ideas about possible return on investment (ie will the
value really double when the artist dies?)

Are there risks associated with art sale?  

Are there any tax consequences that I should know about?
Does the IRS have to know?  

-- Bruce Stephens

   (hplabs!hp-pcd!bruce)