Friday, April 8, 2022

Vision Quest XL

Brightscapes: The Way To Beauty


Vision Quest XL
acrylic paint on canvas board
8" x 10" (20.3 cm x 25.4 cm)
201710101
© copyright Mike Kraus Art Inc.

What are the benefits of buying original art?  Generally, most reasons fall into one of the categories of Style, Originality, Texture/Depth, History, Emotional, Investment, and Fun.

Investment - Original artwork can appreciate in value.  As I mentioned before, an artist's popularity rises and falls cyclically.  If this is important to you, take that risk into consideration.  What kind of risks should you consider?  Pablo Picasso isn't alive and making any new paintings.  His work is very popular and expensive.  Will that scarcity cause his pieces to continue to rise in value or has it peaked?  An established artist has some very reasonable prices on her work.  Her career has been praised and well documented along with rumors of a major retrospective show.  Perhaps now is the time to buy?  A mid-career artist came onto the scene like a rock star many years ago and continues to make work even though his fame has waned lately.  The work is still incredible and he continues to have gallery shows.  His "stock price" may be low right now, but a "comeback" seems inevitable.  What about the biggest risk/reward scenario in the art world, the emerging artist?  You didn't know of them a few weeks ago, but now you see their work everywhere.  Where will their career lead?  Who knows?  But, getting on the ground floor early in an artist's career could be like winning the lottery.  And, isn't an investment in your favorite piece of art way more interesting to look at than your 401(k) statement?

Mike Kraus was born on the industrial shoreline of Muskegon, Michigan. After earning his Fine Arts Degree from The School of the Art Institute of Chicago, he attended Grand Valley State University for his graduate degree. From there, he gained varied experiences from the Chicago Architecture Foundation, Art Institute of Chicago, Hauenstein Center For Presidential Studies, Lollypop Farm Humane Society, and the Children's Memorial Foundation. And every place he worked, he had his sketchbook with him and found ways to be actively creative. In 2014, Kraus became a full-time artist by establishing Mike Kraus Art. Since then, he has sold thousands of paintings that are displayed in nearly every state and dozens of countries. Currently, Kraus lives in Rochester, New York with his beautiful wife and goofy dog.

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