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Downturn leaves art on hook |
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Written by The Australian
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Saturday, 11 July 2009 |
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ARTHUR Roe collects art. He started pursuing his passion in earnest about nine years ago and now has a vast collection featuring some of Australia's finest abstract and indigenous artists.
The Melbourne accountant declines to put a dollar value on his collection; nor does he think of his artworks as an investment portfolio, despite a professional inclination to do so. "It's about putting together something that has meaning, something that has aesthetics and beauty, and something that gives you enjoyment," he says.
Two years ago when the art boom peaked, the value of Roe's collection skyrocketed. He has some excellent examples of work by artists such as John Coburn, Tony Tuckson, Ian Fairweather, Ginger Riley, Rover Thomas and Bill Whiskey Tjapaltjarri, and these paintings would have been worth many thousands of dollars more than he originally paid. Read more... |