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Friday
Jul312009

What is the real price of Verdult artwork?, Yazzy's at www.williamverdult.com

First, let me explain how we initially got into the art business and then I’ll get back to the true price of a piece of William Joseph Verdult artwork.

In 2003 in establishing a public company in a totally separate industry – child care to be exact, we were approached by a gentleman by the name of Dave. Dave was interested in owning some shares of a new public upstart in exchange for some art – some William Joseph Verdult artwork.

At the time, though I did not know much about Verdult artwork, it seemed like a good idea to exchange some stock for art to develop the corporation. The initial intent was to either hold on to the artwork, or sell it to increase the corporation’s asset base.

In looking back, as they say, hind sight is always 20…20, there were two major problems with this approach.

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