Marc Chagall and the
When do you start investing in art and
will the market always go up? Yes, if you buy the best, then your
investment will always be secure.
Here is one of our sellersí tales:
Many years ago in the late 1970ís when I was an extremely green novice
in the art world, a friend asked me if I would be interested in
acquiring a complete set of Marc Chagallís Bible lithographs. This
entailed traveling to Switzerland to meet a lawyer who would show us the
prints in a bank vault. This seemed a lot of fun and the trip was
arranged. The owner was a famous singer (still alive) who was
I arrived at the lawyers office and were shown a magnificent bound set
of the complete works. How much, I inquired? (thinking a few hundred
pounds...) Twenty thousand pounds came the reply. Ah, I said. I will
need to think about this over lunch.
I suddenly realized that in the art world how very easy it is to step
out of your league. I declined the kind offer and came home much wiser
and slightly poorer.
A few weeks ago out of the blue I was offered some individual lithos
from the set published in the 1950ís. I had never bought or been offered
any in the intervening 40 years and thought just how much had changed
since that day in Switzerland all those years ago.
Recently, a complete set of Marc Chagallís Bible lithographs fetched
£60,000 so I would definitely have made a profit.
More on Marc Chagall's Bible lithographs
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