A recent auction of a painting netted $100 million dollars. Recent art sales show an increased rate of value greater than other investments. Fine art seems to have held its value more than most other investments over the past few years - quite a feat considering the economic downturn. That may indicate that those in the know would be wise to invest in fine art.
Although there are other investments which enjoy historical rates of return higher than others, we will focus on fine art.
Scottsdale, Arizona is one of the locations in the US noted for its array of art galleries featuring local and national, contemporary and historical artists. The Scottsdale galleries, mostly nestled along 5th Avenue and also along Main Street, primarily feature Southwest art. Some of this is Native American and jade pieces are a typical find. With a bit of research and a fair bit of education, you may be able to locate that one in a milin piece that others are fighting for.
Santa Fe, New Mexico is another location well known for its assortment of art galleries. From memorable pottery to paintings and sand art, Santa Fe is the go-to place for many tourists traveling the Southwest. One art gallery has an especial appeal. A fine collection of billingsgates in a glass fronted display box Featuring cowboy art and Native American memorabilia and an assortment of fine hand-blown glass, this location is off the beaten path but well worth the trip.
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