Photography Rises in Collectibility, Value Sunday, January 13th, 2008
Nearly two hundred years after the invention of photography, creations in the medium are finally being considered “safe” investments. The value of photographs as collectibles is rising sharply, to the pleasure of auction-goers and to the woe of some photographers.
Though paintings, sculptures, prints, and other works of fine art have been spotlighted on the auction block for many years and for tremendous money (works by Jackson Pollock and Gustav Klimt—to name only two—have sold at auction for more than $100 million apiece), the world of fine art collectors has seldom been penetrated by even the most renowned photographers.
This, however, is changing. (more…)
