If you've been thinking about starting a fine art photography collection, now may not be a bad time to start that investment. While most types of fine art are seeing prices plunge, photography is actually growing in clout among art collectors and investors.
In 1997, the Minneapolis College of Art and Design held an art sale to give student and alumni artists an opportunity to offer their creations to art collectors. They offered around 1,000 pieces by 86 different artists, including prints by photographers. Since then, the MCAD Art Sale has exploded in popularity.
This year the organizers are hoping to sell thousands of artworks by hundreds of artists at a rate of 7 pieces per minute. The sales will add to the $1,875,000 that has been paid out to artists through the sales over the years.
Last month we reported that 36 digital pigment prints of photos by William …