I would spend it on a painting for each. I would buy 2 paintings by artists from the Newlyn School. The big names and their works command huge prices, but it is possible to get smaller paintings by less well known memebers,for £1,000.
Because this school of painters has big well known artists whose works command 10s of thousands of £s, the value of the smaller, less known works, should keep pace with the movement leaders.
In the meanwhile the paintings can hang on the wall, mine or DGC's and be a pleasure to look at. DGD, would certainly love to have a painting like this.