Page 59 - Tropic Magazine Issue 35
P. 59

TROPIC  •  SPECIAL FEATURE








             Buy what you love
             The first rule: buy pieces you have
             an emotional connection to.
             CIAF’s Exhibitions Manager, India
             Collins, says a piece bought primarily
             for the pleasure of owning it is likely
             to increase in value. “If you buy what
             you love, it does often become good
             investment down the track,” she said.
             “It’s never a given that its worth is
             going to accrue at a certain rate, so it’s
             important the piece is an investment in
             a personal sense first. But if you really
             love it, trust your instincts – the love for
             the work will continue to grow.”
             Pormpuraaw Art & Culture Centre’s
             (PACCI) Manager Paul Jakubowski also                                                      2
             believes buying work for its aesthetic
             and cultural value is a good starting   Consider investing in emerging artists
             point. “Most of our clients purchase
             our art because they enjoy it,” he said.    If you’re new to the world of art investing, the best place to start is by looking at
             “Our art is fun, colourful and different.    emerging artists. At CIAF, works range from about $250 among new artists, up
             Collectors want to know the story behind   to around $20,000 for pieces by established artists like Naomi Hobson and Ken
             it and connect to Pormpuraaw culture,   Thaiday. “CIAF is really accessible, there’s something for everyone,” Ms Collins
             and also support our community.    told Tropic. “The work at lower price points is still incredible work. It’s affordable
             “While investors are always looking for    and still just as beautiful, no less so than other pieces of work from established
             the next new thing, the work must also    artists. Then as these artists produce more, the value of their work will increase,
             be genuine and connect to a person’s   both new and existing.” Pormpuraaw sculptures, which can be bought on
             heart and mind.”                 PACCI’s online store as well as at CIAF, also range from a few hundred dollars to
                                              about $18,000. “We are best known for our sculptures made from
                                              ghost nets washed up on our beaches and recycled materials,”
             1. “My Rainbow Parrots”, 2021, Meredith Arkwookerum,   Mr Jakubowski said. “We were there at the beginning of this movement a
             Pormpuraaw Art & Culture Centre. Photo by Michael Marzik.
             Courtesy of Cairns Indigenous Art Fair.  decade ago and still recognised for our creativity and productivity in this genre
             2. “Karrangkal – Coral Reef”, 2021, Betty Sykes, Bana Yirriji   today. Some collectors have now bought multiple pieces of this kind over the
             Art Centre. Photograph by Michael Marzik. Courtesy of
             Cairns Indigenous Art Fair       years and made it their own by composing works together like an
             3. Mavis Benjamin and Alma Norman showcase their new   aquarium display.”
             wearable ghostnet designs, Pormpuraaw Art & Culture
             Centre. Photo by Paul Jakubowski.
             Pormpuraaw goes online

             Creative industries all over the   On it, you can find the community’s
             globe have suffered throughout    paintings, ghost net sculptures,
             the pandemic. PACCI, one of the   wood carvings, jewellery and
             country’s most remote art centres,    huge range of prints – the largest
             felt the impact significantly.   collection of any Australian art
             “COVID changed everything for    centre. While Mr Jakubowski
             the art industry worldwide,”    says art fairs will always be
             Mr Jakubowski said.            important, the online marketplace
             “Many galleries closed and artists   is becoming an integral part
             had to fend for themselves.    of the industry. “They give us
             But artists are resourceful people   independence by allowing us to
             and use whatever technology or   stay living on country and earn
             resources that are available.    extra income,” he said. “It’s great to
             Our art centre is no different.”  make works available to everyone
             PACCI now operates an online   and easy to buy directly from us,
             store complete with artist     which many people prefer.”
             biographies and detailed
             descriptions of each work.
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