Gallery MAR in Park City, Utah

The Investment That Has Outperformed the Stock Market for a Decade

gallerymar — Thu, 02 Feb 2012 00:29:09 +0000

Goerge Bodine, "Agent: Venice," Oil on Board, 2012

By Mark Ford, courtesy of Joe’s Cigar Bar, the Palm Beach Newsletter.

“The S&P index had a total return of total crap in 2011,” Bill Saporito, writing in Time magazine, said recently.

Saporito invested in every asset class he could think of—small caps, big caps, bond funds, foreign stock indexes, and gold funds.

“I should have invested in art,” he said. According to the Mei Moses World All Art Index (MMAI), which has been tracking art returns since 1820, investment-grade art returned 10.2% in 2011, crushing all of the stock indexes, which returned basically nothing.

Impressionist and modern art outperformed Old World Masters significantly: 14% to 4.8%, respectively. A single painting by Roy Lichtenstein sold at auction for more than $40 million.

In the past ten years, Saporito pointed out, art has “pitched a shutout against the S&P, with a compound annual return (CAR) of 4.6% versus 0%. Over the past twenty-five years, however, the S&P has won, with a CAR of 9.3% versus 6.5% for art. Go to a fifty-year time frame and it’s a draw.”

A good argument can be made for investing in art in the future. And that is because the number of wealthy people in the world is increasing at an unprecedented rate. Every year, China, Brazil, and India are producing millionaires and multimillionaires by the thousands.

Wealthy people buy art. With more wealthy people in the world, we can expect to see more people buying art. Pepe Karmel, a New York University art historian, puts it this way: “If you are a hedge-fund trader or a venture-cap dude or in real estate, you are in the business of thinking about the future, and in a way that’s what art does.”

By the way, there is a relationship between art and stocks that is worth noting. According to the MMAI, there is typically a twelve- to eighteen-month lag between stock market and art market performance. In other words, wealthy investors seem to use some of their stock market profits to buy art.

Why? According to Michael Moses, a retired New York University business professor and co-founder of Beautiful Assets Advisors, the company that created the MMAI, “The wealthy view art as a wealth preserver.”

That is certainly how I see it.

Montage Deer Valley Trunk Show

gallerymar — Tue, 31 Jan 2012 18:52:31 +0000

A friend of the gallery passed on this event information for a trunk show on February 10, 11, and 12 at the beautiful Montage in Deer Valley. Perfect timing for Valentine’s Day gifts, no? While you’re there, take a tour of their residences– simply gorgeous.

Montage Deer Valley

Sundance in Park City

gallerymar — Wed, 18 Jan 2012 18:29:18 +0000

We have had several calls from collectors and friends wondering… “are you open?”

Yes! We will be open for the entirety of the Sundance Film Festival. Do you have your tickets? Your “in” with the PIBs (People in Black) to get into the hottest parties? Well, me neither. But you do have a full access pass to some of the best artwork in town at Gallery MAR.

Each day of the Festival, you will find Gallery MAR open and exhibiting the latest work from Amy Ringholz in her “Menagerie” show, along with our 30 other talented artists.

And we’re excited to announce that we will have Carson Daly from the “Last Call with Carson Daly” show filming in the gallery on Saturday afternoon, so stop by to check out which celebs he’ll have in front of the mic.

Then, on January 25th and 26th we will be moving to our new location. We’ll see you there, at the beginning of February, our new home: 436 Main Street, Park City.

Gallery MAR is Movin’ on Up

gallerymar — Sat, 07 Jan 2012 17:05:34 +0000

New Location at 436 Main Street, February 2012

New location to offer more space, more artists

Gina Barker The Park Record

After three years, Main Street’s Gallery MAR is on the move, but not too far from home. Gallery owner Maren Mullin will be heading up the street about one block, from her current location inside the Galleria Mall to a street-level space at 436 between Flanagan’s Irish Pub and Purple Sage.

The move came after Mullin decided her gallery needed one major upgrade: space.

“I need more room. The gallery is just not big enough, and I’ve always wanted a big, beautiful space on the street.”

She got her wish.

Mullin said the new location will be double the square footage she works in now. Ceiling height would go from 10 feet to 20 feet.

“I think there are a lot of folks who come to Park City who may miss my gallery because it’s in this space,” she said. “I don’t think there will be any chance of that with the new location.”

Since August Mullin was making calls trying to figure out how to get into 436 Main Street. December, she’d signed the lease.

And because she likes a challenge, Mullin will be moving into the new space on the first day of the Sundance Film Festival with an anticipated opening date of Feb 1st.

“Obviously it would be easier to move in during the fall, but timing is not my forte,” she joked.

For now, Mullin is putting her plans in motion to set up the new location. Flooring and storage systems and added artists and lighting are top points she quickly rattles off as the work ahead of her.

“Let’s see. My plan is to fly to California, pick up furniture and fixtures, drive back, pick up all the artwork, hang it, light it and open by February,” Mullin said.

Gallery MAR will not only feature more artists to appeal to a wider audience of customers but will also allow for larger pieces and more of them, a fact she hopes may draw in new collectors.

“It really is a dream location for me,” she said. “It’s a great step up.”

Gallery MAR will be available for rent over Sundance and Mullin is currently searching for someone to take over her lease when she opens the new location.

For more information about Gallery MAR call (435) 649-3001 or visit www.gallerymar.com.

HPCA Elects New President: Maren Mullin

Former president resigns to take up position with city council

Gina Barker, The Park Record

When asked if she was the youngest president in Historic Park City Alliance history, an organization dedicated to promoting Main Street interests, Maren Mullin smiled.

“Yes, without a doubt,” the 29-year-old said with a laugh.

The young and bubbly blonde may not look like a president representing more than 200 businesses at first glance, but she can offer a strong case for why she was elected by the board.

“What I think is important about representing the HPCA is doing what’s in the best interests of the merchants,” Mullin said. “That is my passion and that’s my goal for my term.”

“We all have very different interests,” she added. “We’re all from different sides of the country, different edges of the street, and so the goal is to make the best compromises and have the best interests of the street in my mind.”

As December came to a close and Andy Beerman stepped down as president to accept a chair on the Park City Council, Mullin, who was the vice president, was asked to pick up the reins.

Mullin joined the organization more than three years ago when she first opened her Main Street business, Gallery MAR, at age 26. Soon after, she started snatching up leadership positions with the board. Then she also helped to establish a new young professionals group.

“Sometimes I think I’m trying to scare myself,” Mullin said. “But really, I have great support. I really try to take advantage of opportunities around me.”

Her new responsibilities include helping the HPCA Board by providing feedback and direction. With a few pressing agenda items already on the docket, Mullin said the work is about to start. Mullin said she hopes to add a few large scale improvements to Main Street with the support of city funding, hammer out business licensing issues and figure out new ways to market and promote the area.

“Our past president has led us in an incredible direction,” Mullin said, “and I really want to implement and follow through with a lot of actions he began.”

“We’ve been a group for a long time but Andy really had the time and the energy to make things happen,” she added. “Communication is so much better.”

Now that Beerman is moving on to City Council, Mullin said it would be up to her to keep that legacy going. With Beerman sitting on the HPCA board and serving in City Council, Mullin said she was glad to have to nearby support. Though Beerman has a history with HPCA, Mullin said she didn’t feel there is a conflict of interest slanted toward Main Street. Mullin said she saw Beerman’s relationship as a route to a more open dialogue with the city.

“I am so thankful to the Park City community for their support for me and my gallery,” Mullin said. “It’s a tight-knit group and I’ve felt supported from day one.”

For more information on HPCA visit www.historicparkcity.com or call 435-658-9612.

Happy New Year from Gallery MAR

gallerymar — Sat, 31 Dec 2011 23:22:15 +0000

We wish you a prosperous and “artful” New Year!

Below, a few images from last night’s “The Good Things” exhibition, featuring Ron Russon and Mary Scrimgeour.

Kimball Art Center’s Charity Lift Auction 2011

gallerymar — Tue, 20 Dec 2011 19:54:24 +0000

The Kimball Art Center held their annual Charity Lift Auction last week. Six quick draw artists battled it out to win a solo exhibition at the Kimball’s Badami Gallery. With only an hour and a half, the talented artists produced incredible works which were then auctioned off. It was an exciting evening that benefited several local charities, and one we will look forward to for 2012. The winner of the Badami gallery show, with his metal chandelier sculpture, was Justin Pok: http://justinpok.com/

“Baubles and Bubbles” Krysia Jewelry Trunk Show

gallerymar — Thu, 15 Dec 2011 18:29:25 +0000

Join Gallery MAR for a unique showcase of jewelry by local artist KRYSIA RENAU.

Tuesday, December 27th from 3:00 to 8:00 pm.

View the Facebook Event Page here: Jewelry Trunk Show

With a passion for art and nature Krysia Renau designs and hand creates divine fashion jewelry using unusual stones, fabrics, and natural crystals.

“Growing up in Poland I’ve always loved nature and the beautiful art that is depicted in everything around me. My inspiration and creativity… come from everything around me that Mother Nature embraces me with.”

Combining sophistication and creativity, my designs constantly evolve to meet and dictate today’s fashion, with quality, elegance and distinctiveness. KRYSIA RENAU jewelry has a unique and exciting look that is sure to stand out. From gold plated necklaces, earrings to stunning statement rings and one-of-a-kind pieces with a little bit of vintage glamor.

Amy Ringholz, Artist at Work

gallerymar — Thu, 08 Dec 2011 20:40:35 +0000

Amy Ringholz, Artist at Work

Isn’t this studio incredible? The above photo shows Gallery MAR artist Amy Ringholz diligently at work on her latest exhibition “Menagerie,” which premiers Friday, January 13th at the gallery.

Please plan to join us, along with Ms. Ringholz, in the gallery for this exciting showcase of new artwork in both her traditional styles and the new “Urban Wildlife” series.

We Love Feedback

gallerymar — Mon, 05 Dec 2011 21:02:10 +0000

Maura Allen “Branded By the Land”

The Humorous… “My wife loved her “Horse Stuff” painting [by Mary Scrimgeour], which was a better gift than a vacuum cleaner or rhinestone handled mop!”

The Love Fest… “I wish I could convey how warmly [my husband] and I speak of our experience with you at your gallery, and how often we fantasize about escaping for a weekend to linger in your gallery again and simply enjoy all the beauty and art in Park City. Skiing brought us there, but your gallery will be what brings us back!”

Thank you for letting us know how your artwork and experience at Gallery MAR has affected you! Cheers and Happy Holidays to you and yours!

Happy Thanksgiving from Gallery MAR

gallerymar — Wed, 23 Nov 2011 22:40:07 +0000

To all of our collectors and friends– we wish you a warm Thanksgiving with your friends and family.

Surround yourself with beauty this holiday, and join us for Gallery Stroll this Friday from 6 to 9 pm.

We are thankful for new paintings, from local artist Adam Winegar. Enjoy the selection, below.

Adam Winegar - Poplar Highlights

Adam Winegar - Three Trees

Adam Winegar - Cows