subscribe
back issues
reprints
contact us
Wealth in Perspective
Wealth Management
Thought Leaders
Money and Meaning
Passion Investments
Wealth Management Sourcebook
Multifamily Office 2008
Previous Issues Index
/ Home / Editorial / Passion Investments / Art /
Passion Investments: Art
Going Native
Daniel Akst
02/01/2007

Dan Albrecht is a truly devoted collector of contemporary work. He and his wife, Martha, are benefactors of the Heard Museum of Native Cultures and Art in Phoenix. Today, he focuses on Inuit art, but among Southwestern Indian artists, he is particularly fond of the late Allan Houser, one of the best-known modern Native American sculptors, and sculptor Arlo Namingha, whose father is the well-known Native American artist Dan Namingha.

Among potters, Albrecht singles out Al Qoyawayma, a Hopi trained as an engineer. One of his complex pots, perhaps 10 inches tall and 12 or 14 inches in diameter, might sell for $10,000, Albrecht says. He also admires the works of Cavan Gonzales, a grandson of the legendary Maria Martinez, whose 8- or 10-inch-high pots might bring $10,000; Tammy Garcia, whose "absolutely superb" pots of perhaps 15 inches in height might sell for $50,000 to $70,000; and Navajo weaver D.Y. Begay, whose works range from $4,000 to $10,000 for a 6-foot-square cloth.

Collectors who buy contemporary works avoid provenance issues and support working Native American artists. They also receive the added bonus of seeing their investment in quality contemporary objects increase in value in as little as five years, a marked shift from recent history, Haas says. "It used to take decades."

Daniel Akst writes about business and culture for a variety of publications including The New York Times, the Wall Street Journal and Metropolis. He is the author of the novel The Webster Chronicle.

Additional Information:
Preservation's Pitfalls
1 | 2 | 3 |
Printer Friendly Version  Email a Friend


Related Articles
» Indigenous Brilliance
» Beyond the Bubble
» Well Endowed
» American Legacy
» Viva la Diferencia
 
Get a FREE ISSUE and a FREE GIFT

Simply fill out this form to receive a complimentary issue of Worth and a FREE gift ("The top 25 Questions for Your Private Banker"). If you like the magazine, you’ll pay just $36 for 5 more issues (6 in all). If it’s not for you, you can return your invoice marked "cancel", and owe nothing. The FREE issue and FREE gift are yours to keep.
Name
Address
Canadian orders click here
International orders click here

Unsubscribe from subscription emails click here
 



Family Office Wealth Conference