New York Gallerist Spent $67,000 on Antique Judaica

THE HUFFINGTON POST
By Jonathon Greenstein

NEW YORK---Antique Judaica is a micro-niche in the art and antique world. There are about 15 million Jews in the world and believe it or not only about 700 active collectors. Many of those collectors are active only on occasion. Some are constantly active. One would think that with such a small market base, there would be almost zero demand for antique Judaica. It's actually quite the opposite. The demand of these precious antiques by a small handful of devoted collectors generates great prices as there just isn't so much around. Just last week, I spent $3.89 on milk, $62 on gas and $67,500 on Judaica as inventory for my antique gallery in Cedarhurst, N.Y. To me, spending $67,500 of my gallery's money on Judaica was safer and more fun that putting it in a CD. [link]