Home > Auctions, International > ART WORKS UNDER THE RADAR WITH PRICES UNDER THE RADAR

ART WORKS UNDER THE RADAR WITH PRICES UNDER THE RADAR

I have heard so many times that large international auction houses will not accept anything under $ 3,000/$5,000 but when you look at the sales results, you realize that this is not so. There are many items that sell for less and perhaps sell for less than they did years ago….because they are not in fashion, not well known or because buyers are caught up in another period or another artist. If you can wait and do your research you can find gems.
The NYT recently (October 27, 2013) ran an article PRICES THAT FLY UNDER THE HEADLINES in their Fine Arts & Exhibits section that discusses mainly European and American art- paintings and prints – under the radar.

http://www.nytimes.com/2013/10/27/arts/artsspecial/prices-that-fly-under-the-headlines.html?_r=0

I have blogged about Japanese bronze pieces, mainly late Meiji and Taisho period that now seem to enjoy rising prices. Great pieces can be bought under $ 5,000, under $ 3,000 or even under $ 1,000. Asian prints are still a good buy – if you cannot buy at the astronomically high prices some Chinese paintings command. Several years ago Indian contemporary and modern paintings were a good buy. I do not know much about African contemporary paintings but my son just sent me information about a November auction of paintings and some sculptural pieces in Nairobi, Kenya organized by Circle Art Agency. The dynamics were interesting-some artist were self taught, others had studied in Europe, and the buyers were from Africa and Europe. Prices for many works of art moved in the $ 2,000 to $ 4,000 range with some exception for higher priced and better known artists. I have requests not infrequently about buying Asian works of art in a specific price range – not for investment but because a client feels passionately about it.

Give yourself a gift!

Cheers,

Elisabeth

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