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| Passion Investments: Collectibles | ||||||||
| Bowling for Dollars
Marisa Bartolucci 09/01/2005 |
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Say “turned wood” and many people think of clunky teak salad bowls carved by hobbyists on their basement lathes. But for cognoscenti the term conjures images of wooden vessels of breathtaking beauty, technical invention—and very interesting investment potential. Such is the paradox of turned wood. Out of a humble pastime has emerged an art form, astonishing in its variety and, lately, the values of the most superlative pieces. And all of this has happened in the past 40 years.
“We’ve loved being part of the development, this sudden renaissance of wood turning as an art,” says Jane Mason, who along with her husband, Arthur, a retired lawyer, has donated their influential collection to the Mint. Within a year of happening upon the seminal traveling exhibition The Art of Turned Wood Bowls at the Renwick in 1986, the couple quickly amassed more than 100 pieces. (Their collection has now passed the 600 mark.) As Arthur jokingly puts it, “I never met a wooden bowl I didn’t like.” He quickly adds, “Fortunately my wife has.” Indeed, thanks to Jane, the couple have been disciplined in their choices, having decided from the start only to purchase works that would someday be museum-worthy.
All these elements continue to draw collectors to a field that is growing at a phenomenal rate, not just in this country, but now in Europe and Australia. While prices for the most prized pieces have risen substantially over the years, turned wood continues to be attractively priced. Important works by acknowledged masters peak at about $50,000, while fine pieces by emerging and even mature talents may be had for several hundred dollars upward into the $20,000 range. Rooted
in
Modernism
Stocksdale turned taut, simple forms to best display the varied grains and tones of the exotic woods with which he loved to work. He took inspiration for his perfect vessels from the elegant ceramic tea bowls of China and Japan. Osolnik, by contrast, was an inventor, experimenting with different techniques, tools and forms, as was Lindquist. Both men relished the role of chance in creation, and therefore preferred deformed, damaged and castoff pieces of wood, allowing these imperfections to determine the shapes of their vessels. If their objects approach the sculptural in their expressive use of form, Moulthrop’s do so on a grand scale—some of his works are so large that small children can nestle inside them. Moulthrop broke with wood-turning tradition by chemically treating his wood, so that the thick-walled vessels would not crack as they dried. He then coated the pieces with epoxy, bestowing a gorgeous glasslike sheen to their grained surfaces. Prices for these first-generation masters range dramatically—when you can find them, that is. Most of Prestini’s works are in museum collections. When a rare piece comes on the market, it can go for anywhere from $3,000 to $8,000. Del Mano Gallery has acquired a small vessel by Stocksdale, about 6 inches in diameter, in macadamia, a signature wood, pricing it at $3,000. Atlanta’s Signature gallery recently sold a Moulthrop tulipwood bowl, 10 inches in diameter, for $9,500. A superb example of his giant-sized vessels might fetch as much as $50,000. In
turned
wood’s evolution from craft to sculpture, there may be
no more
significant
figure than Lindquist’s son, Mark. When he
was just 29, the
Metropolitan Museum
of Art acquired one of
his works. At the time, the
museum had only one other
example
of turned wood: a piece by Prestini.
Mark had grown up turning wood
with
his father. Yet after studying
sculpture in college, he
decided to throw
pots. Timber Futures
Then there are the sculptural works of artists like Todd Hoyer. Charred and weathered, sometimes bound with rusty wire, his deeply personal pieces defy all expectations of polished beauty, radiating instead a raw emotional power. This is especially extraordinary when you consider that they are rarely more than 2 feet high. Works by Hoyer at the Cervini-Haas Gallery/Gallery Materia, in Scottsdale, Ariz., another leading venue for turned wood, run from $2,500 to $6,000. Other turned wood artists and their works are more formalist in their concerns. Stoney Lamar, a former assistant to Mark Lindquist, employs a multi-axis lathe technique to carve asymmetric sculptures with layered planes. While abstract, their forms suggest canyon landscapes shaped by the rush of wind and water. Lamar’s works, seldom more than 3 feet high, are priced up to $8,000 at the Blue Spiral Gallery in Asheville, N.C. While
there is no question as
to the finest of turned wood’s
creators, the
field’s long-term investment
prospects remain
uncertain. There are no
definitive facts and figures, as the
secondary market is only now
developing. Important collections
have yet to make
their way to the
auction block because so
many prominent collectors have chosen
to gift
their
collections to museums to promote the field. Yet that in itself is
encouraging. Unlike the high-flying contemporary art market, turned
wood’s
collectors are buying for love rather than speculation.
Meanwhile, they continue
to expand in number and diversity.
Mark
Lindquist reports that collectors from
as far away as
Paris, London and
Hong Kong have beaten a path to his rural New
Hampshire studio to
purchase works. Marisa Bartolucci lives in New York, where she writes on a variety of cultural subjects. Images by Mel Lindquist Images: John Mcfadden, Lindquist Studios; Lark Lindquist Images: Mark Lindquist, Lindquist Studios; Bob Stocksdale Images: The Mint Museum of Craft + Design, Charlotte, N.C. |