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Eskimo Inuit Art As Investments
By: Clint Leung
Many people collect Inuit art as investments. Inuit art is growing
internationally but it has been suggested that the number of actual Inuit
artists are actually declining. The creation of the Nunavut government which
represents Canada's third official territory, has resulted in many new
employment opportunities for the Inuit, particularly the younger ones. Carving
and the entire process of bringing back suitable stone from distant quarries to
their own communities are hard work for Inuit art carvers. Many young Inuit
prefer to pursue less physically demanding careers such as regular nine to five,
weekday only government office occupations. As government offices grow, so will
the local businesses to support them which create even more local jobs for Inuit
people. These trends are not only affecting Inuit males but also females as
well. As more young Inuit women move towards a 'southern', i.e., more North
American lifestyle, Inuit art drawing, wall tapestry and doll making will be
less attractive skills to learn compared to office or retail skills.
Many master Inuit art carvers are also expert hunters. They get to see the
Arctic animals regularly resulting in excellent representations in their Inuit
carvings and other artwork. Many young Inuit these days prefer not to hunt since
northern community grocers have reduced a need to hunt for food. As a result,
the accuracy of carvings by some younger, non-hunting Inuit artists may be
affected since they may not have the familiarity of Arctic animals like older
master carvers do.
All of these developments may lead to the demand for good, high quality Inuit
art surpassing supply. This will in turn cause a future appreciation of value
for good Inuit art. Of course, characteristics of each piece must be taken into
consideration. However, most art experts recommend against buying any type of
art purely for investment purposes only. Art should be appreciated for its
esthetic value. If a certain artwork doesn't increase in value as hoped, then at
least one would still have a lovely piece of art to look at. If one finds a
piece of Inuit art that he or she really likes and can afford, then it should be
purchased since the opportunity to own that one of a kind piece will probably
not come around again.
About the Author:
Clint Leung is owner of Free Spirit Gallery
www.FreeSpiritGallery.ca , an
online gallery specializing in Inuit Eskimo and Northwest Native American art
including carvings, sculpture and prints. Free Spirit Gallery has numerous
information resource articles with photos of authentic Inuit and Native Indian
art as well as free eCards. |