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The Art Market Today

 

Katie Henry's quarterly update on the current trends in the art world.

 
This month I want to use the newsletter to inform all our clients and followers of the current trends in the art world, particularly in the UK where most of you are based.  I have useful advice on whether you should invest in established or emerging artists using the Royal Academy Summer Show as an example.  I also tell you what to look for in an emerging artist who's work will increase in value.  I have the latest information on what's hot in the world of Street Art, and finally a list of upcoming shows and what to look out for when you visit them. 
If you'd like any more advice tailored to your personal needs than just email me on Director@artinoffices.co.uk

Established Artists
V
Emerging Talent

 
The Summer Show at the Royal Academy is now on, and it's the perfect place to pic up a painting.  But what do you go for and how do you choose?  Which artists are worth investing in and why?
This Year, before you even step into the galleries of the Royal Academy, you can view all the displayed works online https://se.royalacademy.org.uk/artworks.  This gives you the opportunity to discover the styles you like, the genres that are most appealing to you, and also to see what prices the artists are selling for.

All Royal Academicians have been appointed because they are established in the art world, but if you are considering buying one of their paintings as an investment, it's worth doing a little research on them before you go along.  When you see an artist who's work you like, look into what their sale prices have been for the past 5 years - have they gone up?  Has any of their work been sold on the secondary market (for example at auctions) and what price did they achieve?  The answer to the first question will indicate how popular they are, but the answer to the second will tell you how in demand they are.  If you're buying as an investment, you want to know that you'll achieve a good price if you want to re-sell it.  Some Royal Academicians are still early career and others mid career, and this can also determine whether their prices have peaked or not.

Noteworthy Royal Academicians include:
Marina Abromovich, Vanessa Jackson, Yinka Shonibare (prints), Paul Huxley, Barbara Rae, Bill Woodrow and Michael Craig Martin

When it comes to the non-academicians it's worth bearing in mind that these artists have been selected by the RA panel of experts for a reason.  Many of these artists are successful in their own right, selling directly either from their studio to the public, at their own exhibitions, or through small galleries who exhibit at art fairs.  If buying artwork as investment is your priority then again I suggest doing some research on them (please see our article below on what to spot in emerging artists) because many of them are popular enough that their sale prices increase regularly.  You'll notice that some of the prices of their work match or overtake those of academicians - they're the most interesting artists to research.

In either case, the most sage wisdom i can offer is the following:  

For Offices:  Buy artwork that describes the personality of your company.  When it's up on the wall, it becomes a marketing tool.  

For homes:  Buy what you love and you'll never go wrong.

Artists we spotted.

Frances Ryan
Lulu Manasseh
C Morey de Morand
Jane Lewis
Michael Noetzel
Ian Ryan

Street Art: Who's Hot Right Now?

 

Street Art isn't to everyone's taste, but it's having a moment right now, and it's not just fuelled by Banksy (although he's still selling very well on the secondary market).  Other names to look out for include:

Pure Evil:  This artist has released prints recently that just flew off the shelves.  This seems to be a trend for him that just wont stop.  Look out for the signature dripping teardrop.  You can buy prints directly from his website.

Bambi: Touted as the "Female Banksy".  Following an article in the Telegraph in 2014, Bambi's work has been extremely difficult to get hold of (but I have found one recently).  Her identity is secret, but her work is collected by many celebrities like Rhianna, Harry Styles and Kate Moss.

Shephard Fairey: The American Banksy, who produces prints, fine art and streetwear.  His art came to prominence in 2008 for his Barack Obama "Hope" Poster.  His prints are selling very well at the moment, so get your hands on one.  If you're interested I have one available.

Max Wiedemann:  His paintings of celebrities and slogans are big and bold, the epitome of pop culture.  With a hint of Warhol about him, his paintings (particularly the Vogue series) are fashionable amongst the Chelsea and Nottinghill set.  His works sits more in the Urban Art genre than Street Art and I know where to pick them up.
If you are interested in Street Art I currently have artwork available by Bambi, Shepard Fairy (as seen) and Max Wiedemann (as seen plus others).  Please contact me on Director@artinoffices.co.uk.

What to Look for in Emerging Artists

When you're looking for affordable art, often you will be buying from an emerging artist.  First and foremost you should always buy art that you love (or suits your office in the case of businesses), but if you also want it to be an investment, it can be hard to spot an artist who will increase in value.  Over the years i've got to know what will make an emerging artist gain in value, and these are my tips on what to look out for:
  1. Artists who proactively exhibit their art as much as possible.
  2. Artists who have been selected by the major "artist only" fairs like The Other Art Fair.
  3. Artists who regularly exhibit at art fairs.
  4. Artists who have been selected for residencies and awards.
  5. Artists who produce limited edition prints as well as paintings.
  6. Artists who regularly inflate the price of their work by 5% - 10% each year.
  7. Artists who also sell their artwork on online marketplaces like Saatchi Art, Rise Art and of course Art in Offices.
  8. Artists with a very good website.
  9. Artists who respond to emails within 24 hours.
  10. Artists who are represented by the smaller galleries (for example any of Art In Offices Partner Galleries).

Here's our top 5 Emerging Artists

Caia Matheson


Brighton-based Caia sells on almost every reputable online art market place, including Amazon Art, Saatchi Art, Fine Art America and Artslant.  She was also one of the first artists I picked for Art In offices.

Mehran Elminia


Mehran is represented by Rosenfeld Porcini in the UK, but his art is sold worldwide.  He's had plenty of press written about him, and has been highlighted by online art cognoscenti Artsy.

Dan Hillier


You'll recognise Dan's work if you bought the Royal Blood album "Falls", for which he did the cover art.  He's also exhibited at the Saatchi Gallery and ICA, and his limited editions sell out quickly at fairs.

Felicity Hammond


Felicity is a rising star in the world of sculpture.  She was nominated for the Catlin Art Prize in 2015 and was a finalist int he Saatchi New sensations in 2014.  I picked her out for Art In Offices back in 2012.

Alex Chinneck


Former Chelsea Student Alex is best known as the man who made Covent Garden float.  The mast of making buildings melt or appear upside down, Alex is something new and fresh in the world of art.  I spotted his artwork in 2012 at Hackney Wicked, and particularly liked the self-smoking chimney.

Art Fairs You Should Visit

Affordable by name, affordable by nature. Many of Art In Offices' partner galleries exhibit here, and we'll introduce you.
Private View: 19th October pm
Open 20th - 23rd October
Information about the Fair
An artist run art fair, where quite a few of our own artists exhibit (independently).  A great place to find up coming artists.
Private View: 6th October pm
Open 6th - 9th October
Information about the Fair
Frieze - Possibly the best known art fair in London.  Packed to the rafters with contemporary art from the worlds best international galleries.
Private View: 5th October pm
Open 6th - 9th October
Information about the Fair
Set in a giant Marquee in Berkely Square, this is a one stop shop for jewellery, antiques, fine art and furniture.
Private View: 12th September
Open 13th - 18th September
Information about the Fair
To discuss your needs for a VIP Art Fair Experience (such as transport, meals and tours), and to ask any questions at all about activities, please contact Art In Offices Director Katie Henry on Director@artinoffices.co.uk or call 07906 166 354

Contacting The Director

 
Art In Offices Director Katie Henry is now back from maternity leave and working part time.  Her office hours will now be Tuesday morning, all of Wednesday and Thursday afternoon.  
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