Monday, October 13, 2008

Economic Blues

Laser Regatta
11" x 14" Oil on Hardwood $175

With the economy getting worse on a daily basis so are art sales. The much anticipated Nashville Tour of Homes was a complete bust. I sold nothing at all but I was not the only one. Seven paintings sold only two on during the preview party which were a matching pair and 5 during the tour of homes. That is just an estimate and may not be correct it could actually be less. Out of 14 artist and at least 150 paintings only 2 sold during the preview party for a total of $800.00 last year 25 paintings sold for a net of $10,000 during the preview party alone.

So I am left hurting, I left about 10 of my best pieces in Nashville so that leaves me a deficit of work. In June in Nashville I sold over $2K worth of art so I am living proof the economy sucks. This past weekend at Brookhaven which is always a great show I started the second day out at $80.00 in sales. I made money and I sold paintings all in the last two hours but I was having to discount in a major way and I hopefully will pull a commission out of one collector who I gave an incredible deal. I am reluctantly going to have to resort to ebay to try and pull some pennies out that tight market.

The good news and most important news is that my dad came through the operation and is on the way to a healthy recovery. The slumping sales mean nothing compared to the health of my father and all family members. Actually the fact that my dad is able to live longer now is what I am grateful for all else pales in comparison.

Mike

No comments: