Worth a thought

Bonhams annual dog sale which included dog paintings, statues, fancy collars and other items fetched a total of $700,000. Top price was the $66,000 paid for a 19th-century John Emms oil painting of foxhounds and a terrier resting on a straw-covered bench. Two other paintings went for $57,000 each. Besides the paintings, the sales included a 19th-century life-size cast-iron black retriever for $10,200, a Victorian sewing cabinet decorated with hand-painted dog heads for $9,000 and a William IV silver and leather collar once worn by a champion Blenheim spaniel, for $3,900.
This must be worth looking into. According to Marion Kahan, exhibition manager for the Guggenheim Museum, “to invest wisely in art, you must have both good taste and a good business sense”. She says: “Investing in art is investing in your own aesthetic; you have to want to live with the artwork, but you also have to educate yourself on the business end. Also, be careful, because tax laws are constructed in a way where if you buy art as an investment, you cannot 'derive pleasure' from it. In other words, it can't hang in your home. Just lock it in a vault."
What else would you do with a Renoir which you have just bought for $30 million?

http://eurodogtraining.blogspot.com/2008/01/stockmarket-crash.html