Modern Kaleidscopes -- Collecting and Investing
by Judith Paul
Reprinted from the Brewster Society Newsletter, Vol. 7, Number 3,
Fall 1992
I am, by vocation, an art conservator. I am, by avocation, a kaleidoscope
lover. In my work it is my pleasure, and profit, to care for the painting collections of
others. In my hobby I spend some of that profit on a passion for kaleidoscopes. Somewhere
in the last year (and I have only been "into" scopes for three years) I have
gone from buying to collecting--and collecting with an eye to investing. Although I am new
to the Brewster world I have spent all of my professional life advising art collectors.
There are many reasons to collect art: to add beauty to our lives; to express an
intrinsic interest in an art form; as an adventurous hobby, to search for the perfect
piece to complement a collection; to decorate and enliven our homes; to share a passion;
to participate in encouraging the creativity of artists; to feed an addiction; and to
invest. I believe we who are witnessing and fueling this renaissance in kaleidoscope art
are also watching the growth of a specialized market. Like all markets it is governed by
the laws of supply and demand and informed collecting contributes to defining demand. The
most important factor in collecting art, whether paintings, sculpture, or new to me,
kaleidoscopes, is passion. If we collect what we love, there is never disappointment. If a
collection comes to have investment value we are fortunate for it is the love of the art
form that leads us to seek out the best and most interesting pieces, and these are the
basis of an investment collection. But beyond the love there are other factors we should
be aware of when considering investment.
-
Quality of Construction.
No matter what the medium, (e.g. glass, wood, metal) there are better and lesser
craftspeople. Excellence of materials (including, of course, mirrors) combined with beauty
of execution affect the durability and value of the art.
- Authenticity. Signed and dated pieces from the artist, or a
reputable dealer are the most collectable. Any supportive documents (e.g. exhibition and
gallery notes, catalogue references, articles, artists notes, receipts from previous
owners, bills of sale) are valuable and important to the pedigree (called a provenance in
the art world) of any artwork.
- Importance and Reputation of the Artist. Some scope makers are
admired and collected for their creativity, innovative designs, and excellent workmanship.
Some are noticed, and noted, as poor copiers. The true artist is investing talent and soul
in his or her art and becomes known and valued for quality and individuality. The designer
who "opens new doors" reather than settling for replication is the designer to
watch--and to invest in.
- The Style--Typical or Rare. Some prefer to collect the premiere
examples of particular forms (e.g., the most perfect two-mirror wood scopes, the most
ornate glass and sold three-mirror scopes). Others are drawn to the rare, the oddity, the
one-of-a-kind. Prototypes of scopes that were never put into production are a passion for
some collectors. Either approach is interesting, and can be rewarding.
- Aesthetic Merit. This is the most individual and personal
criteria. The natural pleasure in owning something beautiful is a powerful factor in
collecting. Critical acclaim can affect our judgement, but it is our own experience and
sophistication that most often tells us what beauty is.
- Rarity or Difficulty in Finding. The fewer there are, the more
those few are desired, the higher the collectability factor. Some art is rare because of
qualities inherent in the design, execution, or materials required. Pieces can be too
large, difficult, or expensive, for instance, to make mass production possible. Some
artists prefer to make only one-of-a-kind art. Others control price and production by
limiting their editions (pieces are consecutively numbered from 1 through the edition
limit number and are authenticated by a card from the artist which details the edition).
In these cases, the artist affects the market by controlling availability.
- Importance in the History of the Art Form. Innovation is a
cardinal marker of value for a serious collector and investor. Any example of a scope that
pushes the borders and redefines the limits has a collectible appeal. Researching the
history of the renaissance of kaleidoscopes in, for example, Baker, Boswell, or the
Brewster Newsletter, gives us a perspective on the inventiveness of the present day
designers. "The first..." especially when widely and publicly acknowledged, is
desirable to many collectors. When a scope is honored by a museum inclusion or receives
The Brewster Society Award for Creative Ingenuity, the value will probably increase.
As mentioned above, the provenance (a history of the origins and ownership
of a particular work of art) can be an imporant factor in terms of investment collecting.
Pieces that might be de-accessed from the holdings of Cozy Baker, other distinguished
collectors, or the estate of an artist will have a special appeal and cachet, now and in
the future.
A wonderful example of an investable modern scope is, of course, the Van Dyke Series
II. First produced in 1980 in a limited edition of 50, it retailed (and sold out) for
$3,800. It now sells easily for twice that figure. By all the investment criteria, the Van
Dyke Series II is a classic investment. I wish I had one. Or two. One to keep and enjoy
and a second to sell to another scope lover...at a profit!
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