Kiplinger

Art 'Investors': Are You Collecting Art or Merely Decorating?

My wife, Trish, creates fiber art. She has designed and created hooked rugs, furnishings and wall hangings using materials from wool suits, prom dresses, seashells, utensils and spools.

Her kind of repurposing has long been central to artistic expression. From "objet trouvĂŠ" (found art) pieces to Robert Rauschenberg's Bed (1955) and Andy Warhol's Coca-Cola (3) (1962), artworks long cherished by collectors have incorporated the ordinary in extraordinary ways.

In fact, art has always defied definition. Every human creation has value to someone, ranging

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