Ozone Newsletter - Issue 12 13th July 2007

Week in Review
It may be Black Friday today, but this Friday the 13th is not really an unlucky day for Ozone - because Ozone has just secured more inventory -  some which is to be sent to Ozone New Zealand. One of our few cross border trades within Ozone, in larger quantities. So think out of the box when you deal with barter because do not expect anything, because anything is possible. Just take the next story as an example.

Here's an interesting story - Bartering Art For A New York Apartment

July 11th, 2007 · by Bob Meyer  (www.barternewsblog.com - visit his blog to leave a comment)
Here is another example of a person who sees the value of their possessions ( as a form of currency) to be used instead of cash to make a desired acquisition. Justin G Schiller, who collects and sells art and old and rare books, is shopping for a Manhattan apartment. But he has no intention of plunking down a single penny for one.

Rather, Schiller wants to exchange a Maurice Sendak drawing for an apartment for his colleague Oliver Lei Han, a specialist in propaganda art. In a time when half a million dollars barely buys a studio in New York, Mr. Schiller is hoping to trade a watercolor drawing by his longtime friend Maurice Sendak, perhaps best known for his children’s book “Where the Wild Things Are,” for an apartment.

Mr. Schiller’s approach is unusual, but in a time of continuing high prices, it could become more common. There are a number of enterprising apartment hunters for whom cash is not necessarily king. Brokers in Manhattan say they are encountering people who will swap a variety of goods and services in their quest to buy or rent, offering up everything from artwork to acupuncture.

The Sendak illustration — of children bedecking one of the artist’s wide-eyed “Wild Things” monsters with tinsel and ornaments as if it were a Christmas tree — appeared on the cover of Rolling Stone magazine in 1976. It was appraised by Christie’s in 1998 for about $350,000, said Mr. Schiller, who specializes in collectible children’s books. He estimates its current value at $650,000, though, of course, the value of art is always somewhat subjective.

“There’s no reason,” Schiller contends, “why art can’t be a money.”

Have a great week ahead
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