Little less than a year ago an artist nobody had ever heard of, TMNK (The Me Nobody Knows) began selling his art on ebay. Each painting was offered to the public for an opening bid of $9.99. His paintings sold quickly and regularly at prices ranging from $39.99 to $65.00.
Today he still offers his paintings for opening bids of $9.99 only they're now selling at prices ranging from $250 - $350 each! That's a price gain of over 600%.
When contacted at his studio "Nobody" as he refers to himself said, "I hadn't given it any thought until I received an email from a collector named Dion, yesterday. This collector remarked that he was proud of my progress, and that my work now goes for 4x's what he paid for my work 8 months ago. WOW. I thought to my self, a nobody like me is a better investment than the stock market."
At first glance, this may seem like a pretty absurd claim, but much like the stock market his prices are set by the demand of the public. A demand that appears to be growing each day, especially after being one of the featured artist in a highly acclaimed exhibit featured in the New York Daily News recently. TMNK, although a so-called "nobody", has been building a name and a following of private collectors. Collectors that are no doubt aware of the recent record-setting prices of UK street artist, Bansky.whose painting recently fetched $240,000 at a London auction.
Most experts advise buying what you like when purchasing art. Well, he may be a nobody, but, if you like the work of TMNK, adding one of his paintings to your portfolio just might be a great investment, after all he's out performing the Dow, right now.
