It's always a thrill to me when I come across a piece of my artwork in someone's home that I had forgotten that they owned.
Most artists, when they sell a work of art, feel that they are placing their "adoptive child" in a good home. The reality is that the artwork is a commodity that can change hands countless times without notifying the artist. It is unfortunate that subsequent sales of a piece of art by a living artist do not provide residual payments to the artist as the piece's value increases with each transaction.
The greater the artist's reputation, the greater the demand, and with higher demand come lofty values on artwork. It's too bad an artist who is working hard to develop recognition for his/her art doesn't receive a percentage of the profits from previously sold art that is presently worth a lot more to the current owners.
On the other hand, that is why art collectors invest in art in the first place. They know that if they catch a rising star and buy a piece when the prices are still low they will have something much more valuable as the artist gains reputation. That is, if the collector can stand to part with it after the artist has hit the big time.
Subscribe To F.H., indeed.
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