Monday, March 24, 2008

price plunge

The value of art, like property, goes up and down.

We were fantasizing again yesterday about owning a little slice of paradise on the beautiful island when this ROBYN COLLIER "ROTTNEST PARADISE' FRAMED OIL PAINTING caught our eye on eBay (it really is paradise!):

Description: A magical scene captured in this original oil painting by Australian wilderness artist, Robyn Collier. This work of art has been undertaken in oils on canvas board and has been handsomely framed by professional framers. A certificate of authenticity is supplied and the item is despatched by registered delivery with insurance. The painting and the frame are NEW. The approximate dimensions of the painting are 25.5 x 42.5 cms. The frame is about 49.0 x 66.0 cms. Robyn has signed the painting in the lower left corner.
Condition: Excellent

Only funeral directors undertake things, so our favourite Style Guide tells us, but never mind. It costs $565, and postage is $35.

Earlier this month the painting was on eBay with a Buy-It-Now price of $835. The price has plunged 33 per cent! What to do: snap it up now, or gamble the price will fall even further?

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