1
saatchiart.com/invest-in-art
Invest In Art 2018 RE PO RT
An Overview of the Online Art Market Emerging Artists to Buy Now
Invest In Art | 2018 Report
2
3
saatchiart.com/invest-in-art
CONTENTS
Invest In Art 2 018 REPORT An Overview of the Online Art Market Emerging Artists to Buy Now
05. Opening Remarks
18. Why Invest in Art?
06. Art Market Overview
20. Invest In Art Class of 2018
08. Online Art Market Growth
40. Artists on the Rise
09. Global Art Market Share
62. Invest In Art Alumni
10. Who is Buying Art Online?
66. Art Advisory Services
12. Why Are People Buying Online?
68. Case Studies
14. New Findings
70. Making a Purchase
ABOUT SA ATCHI ART Based in Santa Monica, California, Saatchi Art is one of the world’s leading online galleries, representing thousands of extraordinary emerging artists all over the world. By combining outstanding curation with the best aspects of the internet, Saatchi Art is redening the experience of buying and selling art. We provide an expertly curated selection of art, as well as art advisory services for collectors and designers, and we give artists opportunities to exhibit and sell their work to a global audience. Since our inception, we have welcomed all artists to showcase their works free of charge, paid artists 65%—well above the industry standard—on original artworks we sell, and have worked hard to provide superior customer service to both our artists and collectors. ON THE COVER:
Resuscitation Minami Kobayashi 48 x 60 in. $5,270 See p.28
To find out more about Saatchi Art please visit saatchiart.com.
Invest In Art | 2018 Report
4
5
saatchiart.com/invest-in-art
Opening Remarks Over the last 5 years the online art market
younger buyers and people new to the
has increased dramatically from 1.57 billion
art market.
in 2013 to $4.22 billion in 2017. One of the most encouraging factors that has led to this growth is that purchasing works online is attracting a signicant audience of new buyers. 45% of purchases made from brick and mortar galleries were made through their websites by buyers who had had no previous relationship with the gallery. This new audience is also increasingly comfortable purchasing works from purely online galleries such as Saatchi Art. This positive shift in comfort levels with purchasing art online suggests that online galleries are nding new ways to combine a personal experience with technology to improve levels of condence and trust in buyers. Saatchi Art’s Art Advisory service oers clients the opportunity to work closely with a curator who will give guidance about works to purchase, while at the same time leveraging Saatchi
exclusive art world that has not been easy to access, and social media has become an ever more powerful platform within the art world. Instagram is now an essential channel for people to discover art from all over the world, providing a way for people to increase their knowledge of artists, as well as giving galleries direct access to over 1 billion global consumers. In Saatchi Art’s annual Invest In Art report we oer an overview of the online art market and give guidance about investing in emerging art. We introduce recent graduates from the best art schools in the US and UK, spotlight artists who are on the rise and garnering international acclaim, and celebrate the successes of artists who we have introduced to collectors in previous editions of this report.
Art’s technology to source and support
I hope you will enjoy discovering these
outstanding artists from all over the world.
talented artists and their outstanding
Another important nding over the last year is that once someone buys online they are likely to buy repeatedly and at Untitled Isaac Moss 59 x 39 in. $2,950 See p.32
The internet has opened up a traditionally
works, and I look forward to helping you make informed decisions about the art you purchase.
a higher price, again suggesting that the online experience of discoverability and pricing transparency is meeting buyers’ expectations, in particular those of
Rebecca Wilson, Chief Curator and VP, Art Advisory Saatchi Art
6
Invest In Art | 2018 Report
Art Market Overview According to the Hiscox Online Art Trade Report 2018, the global art market was valued at $63.7 billion in 2017, up 12% from 2016. Online art sales also increased by an estimated 12%, reaching $4.22 billion, which represents 5% of all art sales. More people invested in art than in any other luxury commodity (21%, with investments in wine trailing behind at 11%). Hiscox predicts online art market sales will reach $8.37 billion in 2023.
Several trends are driving the growth of the online art market: 1. PRI CE TR AN S PAREN CY
4 . NE W FIRS T-T I M E BUYERS
90% of new buyers surveyed for
Online galleries are attracting new art
The Hiscox Online Art Trade Report
buyers entering the market for the first
2018 cited price transparency as
time, most of whom are millennials.
a key motivator for buying online. 5 . BUYERS S H I F T FRO M 2 . H I GH SAT I S FACT I O N LE VEL S
BRI CK-AN D - M ORTAR TO O N LI NE
Satisfaction is high with the online
US Trust’s 2018 survey found that
art buying experience, driving repeat
43% more collectors bought art online
purchases.
compared with 2017.
3 . BUD GE T S CATERED FOR O N LI NE
6 . I N CRE AS E I N M OB I LE TR AFFI C
In a survey of high net worth individuals in
Mobile traffic to online galleries has
the US by UBS and Art Economics in 2017,
almost doubled from 2014 to 2018
79% of people said they buy works for
and the number of purchases made
less than $5000. Online galleries primarily
through mobile usage has risen to
represent the lower end of the market
20% in 2018.
with prices at $10,000 or less so this is a positive sign for the online art market.
The Inquisition in the Courtyard Sedrick Chisom 66 x 60 in. $6,400 See p.21
7
saatchiart.com/invest-in-art
8
Invest In Art | 2018 Report
Online Art Market Growth Online art market sales reached $4.22 billion in 2017, up 12% since 2016. Online sales were $3.27 billion in 2015, up 24% from 2014. Based on this trajectory, Hiscox has predicted the online art market to be worth $8.37 billion by 2023.
$8.37bn
(source. The Hiscox Online Art Trade Report 2018.)
$4.22bn $3.27bn $2.64bn
$1.57bn
2013
2014
2015
2017
2023
9
saatchiart.com/invest-in-art
Online Art Sales are Increasingly International TOP 10 COUNTRIES SA ATCH I ART HAS SH IPPED TO IN 2 017
Connecting Collectors and Artists from Around the World
5. Germany 4. Canada 2. United Kingdom
10. France
1. United States 9. Spain
6. Switzerland 7. Italy 8. United Arab Emirates
3. Australia
United States
GLOBAL ART MARKET
21%
China
SHARE BY VALUE IN 2017:
Top 3 Countries (source. The Art Market 2018: An Art Basel & UBS Report.)
42%
20%
United Kingdom
10
Invest In Art | 2018 Report
Who is Buying Art Online?
AMONG ALL SURVEY RESPONDENTS (Source: US Trust’s 2018 Insights on Wealth and Worth)
43% more collectors bought art online in the past year compared with 2017, and women were the biggest drivers of this growth.
30% 27%
AMONG CURRENT COLLECTORS (Source: US Trust’s 2018 Insights on Wealth and Worth)
12%
36%
16%
Interested
14%
Own
Women
64%
15% Men
Men
27%
Millennials
RESPON SE BY GENERATION (Source: US Trust’s 2018 Insights on Wealth and Worth)
20%
Gen X
44%
Boomers
Silent
Women
9%
11
saatchiart.com/invest-in-art
Millennials Fastest Growing Segment in the Art Market A GENER AT I O NAL S H I F T I S UN DERWAY
97% of millennials say they will buy art this year
67%
31%
Interested
Own
46%
25%
19% 8 pts YOY
36% 8% 21% 11%
Millennials
Gen X
Boomers
17% 9%
8% Silent
In its 2018 survey US Trust, the private wealth management division of Bank of America, found that “a generational shift is underway” with millennials now the fastest growing segment in the art market. Nearly all (97%) of millennial collectors and 60% of Gen X collectors said they would buy art this year. (Source: US Trust’s 2018 Insights on Wealth and Worth)
12
Invest In Art | 2018 Report
G E N ER AT I O N Y (2 0 - 3 5 Y E ARS):
Why Are People Buying Online?
PREFERENCE FOR BUY ING ART ONLINE VS . OFFLINE (source: Hiscox Online Art Trade Report 2018)
Physical space
No preference
Online
63% of online art buyers expect to buy more art online in the next 12 months, and 62% of those buyers are motivated by ‘investment value.’
29% PERCENTAGE OF ONLINE ART SALES
2017
49%
(source: Hiscox Online Art Trade Report 2018)
28%
22%
29%
24% 2016 2017 2018
2018
BUY ING INTENTION S FOR NE X T 12 MONTHS
44%
42% 14%
(source: Hiscox Online Art Trade Report 2018)
While the online art market continues to grow, buyers still want to make oine purchases at brick
63%
Will buy more Will buy the same Will buy less
32%
and mortar galleries, auctions and art fairs. Saatchi Art now runs art fairs in the UK, US and Australia, thereby consolidating two key sectors of the art market: online and fairs. Buyers can purchase works directly from artists at The Other Art Fair, and they
5%
can also purchase works they have seen in person at the fair from Saatchi Art.
13
saatchiart.com/invest-in-art
95% MOTIVATION S FOR BUY ING ART (source: Hiscox Online Art Trade Report 2018)
62%
Emotional benefits (passion for art)
49%
Social aspect (being part of a scene)
39%
Value potential (return on investment) Identity and status (it defines who I am)
LUXURY INVESTMENT S BY CATEGORY
Art continued to out-perform other luxury commodities with 21% growth, ahead of wine at 11%. 2017 Growth
10-Year Growth
21%
Art
11%
Wine
5%
Watches
Coins
4%
Jewelry
4%
Cars
Stamps
78% 192% 69% 182% 138%
2% 1%
334% 103%
(source: Knight Frank Luxury Investment Index, 2018 Wealth Report)
14
Invest In Art | 2018 Report
New Findings CUSTOMER LOYALT Y In terms of number of buyers, fewer people bought art online in 2017 compared with 2016. However, sales increased by 12%, and the online art market is on track to hit $8.37 billion by 2023. Active online buyers have displayed an increase in condence in online platforms: purchases are up signicantly, as is the average price of works sold online. 74% of online buyers purchased more than one work in the last 12 months (up from 65%) and 25% of
90%
of online buyers anticipated buying the same amount or more art online in the upcoming year.
38% of online art sales platforms are thinking of integrating blockchain technology in the future.
online sales were works in excess of $5,000, up from 21% in 2016. Big spenders have increased their online purchases and visits, with 38% visiting art sales websites several times per week, up from 31% in 2017. Small spenders have also become more active in the online market, viewing it as an entry point to the art world. Only 58% of those with small budgets bought from physical spaces before buying online, in stark contrast to the 100% of big spenders purchasing from a physical space rst.
BLOCKCHAIN AND CRYP TOCURRENCY Blockchain and cryptocurrency, such as Bitcoin, are becoming increasingly prevalent in the nancial markets. Blockchain has already begun to inuence the global nancial system and it has the potential to impact the online art market. One of the challenges of the online art market is that buyers want price transparency and quality assurance. Blockchain could potentially aid in resolving these issues, acting as a decentralized registry that is inherently safe as the data cannot be altered. Prices, valuations, condition, and shipping reports could be added to the registry, making pricing more accurate and transparent while assuring quality.
(source: Hiscox Online Art Trade Report 2018)
Only 8% of online art sales platforms have integrated blockchain technology, but 38% are thinking of doing so in the future.
Dejavu SooYoung Chung 59 x 47 in. Price on request See p.24
15
saatchiart.com/invest-in-art
Invest In Art | 2018 Report
16
17
saatchiart.com/invest-in-art
SOCIAL MED IA
Our Top 10s on Instagram
Social media has become an inuential force in the art market. With nearly 1 billion active users, Instagram is the dominant social media platform for the art world. Its image-centric design makes it perfectly suited for displaying art, and its extensive user base can be reached by galleries and potentially converted to buyers. The huge benets of Instagram for the art world, compared to similar apps that were created specically for buying and selling art, lies in the fact that it was not created for the art world and can therefore be used to reach new buyers. 79% of buyers under the age of 35 use Instagram as a means of nding new artists, and 43% say that discovering art on social media inuences what they decide to buy. While museums have the largest followings, art fairs and online galleries have seen the most growth in Instagram following, corresponding with the growth in online art sales. According to Hiscox, Saatchi Art saw a 72% increase in following, making it one of the top four fastest growing Instagram accounts in the art world for the second consecutive year. Social media remains the most eective way to reach potential online buyers, according to Hiscox, with 52% of new buyers discovering online sales websites through social media platforms.
OUR TOP 10 FAVORI TE ART I S T ACCOUN T S:
1. @floraborsiofficial 2. @javieraestradaartist 3, @tawnychatmon 4. @tadaocern 5. @_y_kim 6. @dennisosadebe 7. @kimkimkimxx 8. @sammyslabbinck 9. @karlgeckler 10. @theneonqueen
PREFERRED SOCIAL MED IA PL ATFORM S (%) (source: Hiscox Online Art Trade Report 2018)
Facebook OUR TOP 10 FAVORI TE ART I N FLUEN CER ACCOUN T S:
19%
1. @sophiegunnol
48%
2016
2. @thelmagolden
54%
3. @kellyyingxoxo
18%
4. @chrissharpdf
57%
2017
5. @punkorientalism
49%
6. @curator_on_the_run 7. @volzjochen
13% 73%
2018
42%
Untitled (New Template) Detail Katie Watson 42.1 x 48 in. $3,350 See p.39
8. @ceciliaalemani 9. @picklebeholding 10. @guerrillagirls
Invest In Art | 2018 Report Artist Isaac Moss in his studio.
Preparation, Courtesy Saatchi Art
See p.32
18
19
Why Invest in Art? INDEX: 01. Invest In Art Class of 2018 02. International Artists on the Rise 03. Invest In Art Alumni
To help collectors navigate the emerging art world, Saatchi Art publishes an annual Invest In Art report. For each edition Saatchi Art Chief Curator Rebecca Wilson introduces outstanding recent graduates from the world’s top art schools, highlights a selection of artists at the next stage in their careers who are attracting international acclaim and recognition, and follows the successes of artists who we have introduced in previous editions of this report. Since launching our rst in report in 2013, our aim has been to promote promising emerging artists whose artworks show strong potential to increase in value, and to oer collectors the chance to be among the rst to discover exceptionally talented emerging artists. While there are never guarantees when it comes to investing in art—collectors should always buy what they love rst and foremost—many of the artists carefully chosen for our Invest In Art series have gone on to enjoy signicant success with the value of their artworks more than doubling.
20
Invest In Art | 2018 Report
Hot Yoga 2, 42 x 42 in. $4,470
Invest In Art Class of 2018 D ISCOVER TOMORROW’S ART STARS TODAY
CAITLIN ALBRIT TON MFA, Maryland Institute College of Art Baltimore, Maryland, US saatchiart.com/caitlinalbritton
LE WIS BRANDER BA (Hons), Goldsmiths, University of London London, UK saatchiart.com/lewisbrander X, 10 x 10 in. $1,178
21
saatchiart.com/invest-in-art
SEDRICK CH ISOLM MFA, Mason Gross School of Art, Rutgers University
New Brunswick, New Jersey, US saatchiart.com/sedrickchisom
The Accurate Superstitions of Ahab Who Morbidly Pissed Against the Wall, 60 x 90 in. $7,500
ISABELLE CARR BA (Hons), Falmouth University Falmouth, UK saatchiart.com/isabellecarr
Untitled, 21.7 x 21.7 in. $430
Invest In Art | 2018 Report
Works by Lewis Brander at his degree show exhibition at Goldsmiths, University of London.
22
23
saatchiart.com/invest-in-art
24
Invest In Art | 2018 Report
SOOYOUNG CHUNG MA, Royal College of Art London, UK saatchiart.com/sooyoungchung
Monday Delivery, 59 x 47 in. Price on request
Flood, 60 x 43 in. $1,803
HARRY CLITHEROE BA (Hons), Glasgow School of Art Glasgow, UK saatchiart.com/harryclitheroe
25
saatchiart.com/invest-in-art
BETH COWEY BA (Hons) Glasgow School of Art Glasgow, UK saatchiart.com/bethcowey
Canmore, 25.6 x 33.5 in. $920
Water Under the Bridge, 106 x 130 in. Price on request
CAREY COLEMAN MFA, University of California Los Angeles, California, US saatchiart.com/careycoleman
EMMA FINEMAN MA, Royal College of Art London, UK saatchiart.com/emmafineman
Sip of Slice, 25 x 19 in. $1,220
Invest In Art | 2018 Report
26
27
saatchiart.com/invest-in-art
Emma Fineman, At Your Bedside (102 x 288 in.), exhibited at her degree show at the Royal College of Art, London. Price on request.
28
Invest In Art | 2018 Report
JULIET E P GIBBS BA (Hons), Falmouth University Falmouth, UK saatchiart.com/julietepgibbs
Resuscitation, 48 x 60 in. $5,270 Concrete Jungle, 63 x 63 in. $3,350
DAN HOLLINGS BA (Hons), Falmouth University Falmouth, UK saatchiart.com/danhollings
M INAM I KOBAYASH I MFA, School of the Art Institute of Chicago Chicago, Illinois, US saatchiart.com/minamikobayashi
Stumbled From the Beach, The Bus Won’t Let Me On, I’ll Have to Stroll, 28 x 28 in. $780
29
Gunwalloe #2, 31.5 x 47.2 in. $720
saatchiart.com/invest-in-art
JUNA LEE MFA, School of Visual Arts New York, New York, US saatchiart.com/junalee
ELLEN LE ACH BA (Hons), Falmouth University Falmouth, UK saatchiart.com/ellenpaigeleach
Random Studies (Bouncing Rasping), 78 x 78 in. $13,000
REBECCA LEVITAN MFA, Rhode Island School of Design Providence, Rhode Island, US saatchiart.com/rlevitan
Hothouse Violet, 36 x 47 in. $3,770
Invest In Art | 2018 Report
JACOB LIT TLEJOHN BA (Hons), Glasgow School of Art Glasgow, UK saatchiart.com/jacoblittlejohn
Untitled, 33 x 23.2 in. $945
30
31
saatchiart.com/invest-in-art
SOFIA M ITSOL A MFA, Slade School of Fine Art, UCL London, UK saatchiart.com/sofiamitsola
Peeping Tom, 74.8 x 98.4 in. $6,500
ALE XI MARSHALL BA (Hons), Slade School of Art, UCL London, UK saatchiart.com/aleximarshall
The Party, 78.7 x 106.2 in. Price on request
32
Invest In Art | 2018 Report
ELIZ ABETH MOYL AN MFA, School of the Art Institute of Chicago Chicago, Illinois, US saatchiart.com/emoylan
Untitled, 47 x 29 in. $2,950
I Am the Faggot Son of God, 79 x 51 in. $4,770
KELLY NEIBERT MFA, School of the Art Institute of Chicago Chicago, Illinois, US saatchiart.com/kellyneibert
ISA AC MOS S BA (Hons), Edinburgh College of Art Edinburgh, UK saatchiart.com/isaacmoss
Bed, 72 x 60 in. $6,500
33
saatchiart.com/invest-in-art
To Try, 59 x 47 in. $2,470
ALVIN ONG MA, Royal College of Art London, UK saatchiart.com/alvinong
LUCY NORDLINGER MFA, Leroy E. Hoffberger School of Painting, Maryland Institute College of Art Baltimore, Maryland, US saatchiart.com/lucynordlinger
Void Deck, 30 x 24 in. $2,160
SOPH IA PAULEY BA (Hons), Edinburgh College of Art Edinburgh, UK saatchiart.com/sophiapauley
Katindra Blocks, 39.5 x 90 in. $2,510
Invest In Art | 2018 Report
Sophia Pauley, Water of Leith (66 x 208 in.), exhibited at her degree show at Edinburgh College of Art, UK, $7,600.
34
35
saatchiart.com/invest-in-art
36
Invest In Art | 2018 Report
ALE X PE ARCE BA (Hons), Chelsea College of Arts, UAL London, UK saatchiart.com/alexpearce
GREG PIWONK A MFA, Virginia Commonwealth University Richmond, Virginia, US saatchiart.com/gregpiwonka
The Moon Through the Abyss (Part 1), 102.4 x 51.2 in. $3,000
Boulangerie Voobek, 77 x 59 in. $4,270
37
saatchiart.com/invest-in-art
War Games, 48 x 84 in. $6,560
GABRIELLE-AIMÉE SÉGU IN BA (Hons), Edinburgh College of Art Edinburgh, UK saatchiart.com/gabrielleseguin
OHAD SARFAT Y MFA, Rhode Island School of Design Providence, Rhode Island, US saatchiart.com/ohadsarfaty
Facetiming His Mom in My Studio, 36 x 36 in. Price on request
Cosmic Landscape with Arches, 35.4 x 25.3 in. Price on request
GABBY ROSENBERG MFA, California Institute of the Arts Valencia, California, US saatchiart.com/gabbyrosenberg
38
Invest In Art | 2018 Report
CAMERON SPRATLEY MFA, Mason Gross School of Art, Rutgers University New Brunswick, New Jersey, US saatchiart.com/cameronspratley
LIQ ING TAN MFA, Slade School of Fine Art, UCL London, UK Hope of Deliverance, 30 x 24 in. $880
saatchiart.com/liqingtan
ASHLEIGH TRIM BA (Hons), Falmouth University Falmouth, UK saatchiart.com/ashleightrim
Loosing Track of Sunlight, 42 x 76 in. $1,960
In the Tube, 12 x 12 in. $1,045
39
saatchiart.com/invest-in-art
KATIE WAT SON BA (Hons), Newcastle University Newcastle upon Tyne, UK saatchiart.com/katiewatson
Untitled (Wafer), 12.4 x 17.7 in. $930
Z IYUN ZHANG MFA, Wimbledon College of Arts, UAL London, UK saatchiart.com/ziyunzhang Relationship Between Conscious and Non-Conscious, 63 x 57 in. $4,150
Artist Sam Shendi in his studio. See p.46
International Artists on the Rise In addition to publishing its annual Invest In Art report, Saatchi Art has a strong track record for continually identifying artists of distinction and promise. The top 100 artists have seen substantial appreciation in the prices of their works over the past 4 years. The following artists have attracted the attention of our curators, as well as other art world experts, for their outstanding work, and evolution as artists. This has led to extensive gallery and museum shows, participation in art fairs, numerous international sales, and widespread critical acclaim.
42
Invest In Art | 2018 Report
DE AN WEST
Palm Springs #2 40 x 64 in. $7,500
Dean West is an Australian-born artist working in New York and was described as “one of the world’s best emerging photographers” by Capture Magazine. He has won many awards including Advertising Photographer of the Year at the International Aperture Awards and the IV International Arte Laguna Prize, Venice, Italy. He has had solo shows at the Erarta Museum of Contemporary Art in St. Petersburg, Alison Milne Gallery in Toronto, Capula Gallery in Barcelona and Puls 5 Gallery in Zurich. His works have been shown at art fairs including Scope New York, Aordable Art Fair and Art Market Hamptons. His works were acquired by Elton John who has one of the top 12 photography collections in the world (Artnet). saatchiart.com/deanwestphoto
43
KRISTJANA WILLIAM S
saatchiart.com/invest-in-art
Royal Menagerie Cary’s London 39.8 x 66.1 in. $2,222
Icelandic-born Kristjana Williams lives and works in London, UK. She has won numerous awards for her works, including a D&AD award, Clio Award and a rst prize at New York Festivals Grand Prix. For the 2016 Olympics in Rio de Janeiro, she created a series of installations, and she has made works for Christian Louboutin and Fortnum and Mason’s. She has shown her works in London, Hong Kong, Los Angeles, Singapore and New York, including at The Other Art Fair, New York, and The Aordable Art Fair, London. saatchiart.com/kristjanaswilliams
44
Invest In Art | 2018 Report
DAVID FREDRIK MOUS SALLEM
01
David Fredrik Moussallem lives and works in Toronto, Canada. He has been in solo and group shows in Paris, New York, South Florida and Toronto, and his debut solo exhibition in New York was at Muriel GuĂŠpin Gallery in 2016. He has shown his work at The Other Art Fair in Los Angeles, Art Market San Francisco and the Seattle Art Fair. saatchiart.com/davidfredrik
45
saatchiart.com/invest-in-art
01
02
Whitespace Poverty 46 x 56 in. $7,700
02
Bandages 48 x 48 in. $7,000
46
Invest In Art | 2018 Report
SAM SHEND I
01
Egyptian-born artist Sam Shendi lives and works in Yorkshire, UK. He won the First@108 Public Art Award given by the Royal British Society of Sculptors in 2013 and has public sculptures throughout the UK and in Asia. He has had solo exhibitions in the UK, South Africa and Germany, and has been in many group shows in London, Johannesburg and Paris. saatchiart.com/samshendi
47
saatchiart.com/invest-in-art
01
02
Mime 70.2 x 23.6 x 23.6 in. $18,750
02
Anvil 47.2 x 47.2 x 23.6 in. $22,500
Invest In Art | 2018 Report
M IS S AN IEL A
Miss Aniela was born in 1986 and is a British ne art photographer. Her work has been exhibited at the Saatchi Gallery, Prins Eugens Waldermarsudde Museum in Stockholm, the Crillon in Paris, and at the Palm Beach Art Fair in 2018. Her work has been featured by the BBC, El Pais, and NY Arts. In 2016 she won Nikon’s “I Am Photographer Award”, in 2017 was selected as part of the Young Masters Art Prize exhibition, and in 2018 she was shortlisted for the Hopper Prize. saatchiart.com/missaniela
48
49
saatchiart.com/invest-in-art
White Witch Awakening 28.3 x 42.5 in. $4,500
50
Invest In Art | 2018 Report
HORMA ZD NARIELWALL A
Magic Forests 53.9 x 100.4 in. $23,250
Hormazd Narielwalla is a London-based artist who works in collage. In 2016 he won the Paupers Press Prize at the International Print Biennial in Newcastle, UK, which resulted in a commission shown at the Royal Academy of Arts London in 2017. He has had several solo shows in London, a museum show at the Fashion Museum in Bath, UK, and has shown his work at the India Art Fair, New Delhi. In 2018 the Victoria & Albert Museum in London acquired 4 of his works. saatchiart.com/narielwalla
51
saatchiart.com/invest-in-art
THOMAS GROMAS
Fairytale Box Series Yellow #5 40.2 x 33.5 in. $5,610
Thomas Gromas is a Belgian artist who creates text-based relief sculptures. He has had solo shows in and around Belgium, including the Galerie Dessers in Leuven and Gallery L. Mestdach in Knokke. His works have also been featured in group exhibitions at the Macadam Gallery in Brussels and the Poppy & Pierre Salinger Foundation. He has been invited to make site-speciď„ c sculptures for several corporate clients. saatchiart.com/gromas
Invest In Art | 2018 Report
CHRISTIAN HET ZEL
Christian Hetzel is a German artist based in Esslingen. He has had more than 15 shows and exhibitions in Germany and internationally, including Art Fair Cologne, Context Art Miami and The Unit in London. His work was acquired by renowned architect Peter Marino on behalf of Karl Lagerfeld for Chanel’s Frankfurt HQ. saatchiart.com/hetart
52
53
saatchiart.com/invest-in-art
Blue White Brown 39.4 x 78.7 in. $18,500
54
Invest In Art | 2018 Report
WILLIAM L ACHANCE
01
Sungazer 50 x 60 in. $10,700
02
Juicebox 24 x 18 in. $2,400
01
William LaChance lives and works in Saint Louis, Missouri, where he is a professor of painting and art history. He was named one of Artnet’s ‘Top 500 Artists from the US, Born 1966 or After’. In 2017 his mural adorning the Kinloch Park basketball courts was named the best designed basketball court in the world by Architectural Digest. In 2018 he had solo and group exhibitions at BEERS London, Artcurial in Paris, the Aordable Art Fair in New York and a solo booth with BEERS London at EXPO Chicago. He has shown his works in cities all over the world, including New York, London, Chicago, Athens, Copenhagen, Berlin, Oslo, Melbourne and Los Angeles. saatchiart.com/williamlachance
55
02
saatchiart.com/invest-in-art
Invest In Art | 2018 Report
JIN -WOO PREN SENA
Jin-Woo Prensena is a South Korean artist who was raised in Germany. He previously worked as a Hollywood handler, a position which allowed him to take photographs while on location. In 2018 he exhibited at The Other Art Fair and the Venice Art Walk in Los Angeles. He has had solo shows at Tokyo Gallery+BTAP in Tokyo and at the 45 Park Lane hotel in Mayfair, London, and has been featured on CNN, in the Wall Street Journal and National Geographic Traveler where his photograph Fontelina I, was on the cover. saatchiart.com/jprensena Fontelina I 40 x 53 in. $2,920
56
57
saatchiart.com/invest-in-art
58
Invest In Art | 2018 Report
YSABEL LEMAY
01
Ysabel LeMay lives and works in Austin, Texas. She has been in more than 115 exhibitions around the world, including the National Museum of Women in the Arts in Washington D.C., Blue Star Contemporary Art Museum in San Antonio, Couture Galleri in Stockholm, Verve Gallery in Santa Fe, Living with Art Gallery in Hong Kong, and Artitled Contemporary Art in Amsterdam. In 2017 she had a solo retrospective at the Morris Museum in Morristown, New Jersey. Her works have been acquired by the corporate collections of Chevron, Bloomingdale’s and Bacardi, and the permanent collections at the Museum of Photographic Arts and the Morris Museum. saatchiart.com/ysabellemay
02
59
saatchiart.com/invest-in-art
01
03
Unity 80 x 40 in. $8,700
02
Les Naturalistes 48 x 94 in. $10,400
03
Circa 1930 48 x 48 in. $7,700
60
Invest In Art | 2018 Report
M ICHAEL JAMES TALBOT
01
Callisto 37 x 14.2 x 5.9 in. $22,250
02
Grace 26 x 18.9 x 5.5 in. $25,750
01
Michael James Talbot is a British sculptor who was elected a member of the Royal Society of British Sculptors in 1997 and appointed a member of the National Sculpture Society (US) in 2012. He has exhibited his work in London, Amsterdam, Barcelona, San Francisco, Miami, Newport Beach and Naples. In 2014 he collaborated with London’s Royal Ballet, and in 2017 his work was shown at Contemporary Istanbul. saatchiart.com/michaeltalbot
61
saatchiart.com/invest-in-art
02
62
Invest In Art | 2018 Report
Invest In Art Alumni WHERE ARE THEY NOW?
Since the publication of the ď„ rst Invest In Art report in 2013, many of the artists selected by Rebecca Wilson have gone on to achieve signiď„ cant acclaim. In the following pages we look back at 12 Invest In Art alumni and celebrate their ongoing successes. All of these artists have sold works to numerous private collectors internationally as well as corporate collections and institutions.
JULIEN SPIANTI
French artist Julien Spianti has had numerous solo shows and been featured
Featured in Invest In Art 2017
in group exhibitions in France, Belgium, Denmark, the Netherlands and
saatchiart.com/battista
and most recently, YIA Art Fair #08 in Maastricht in 2017.
Switzerland. He has exhibited at Art Brussels (Belgium), Arte Fiera (Italy)
Midi 63.8 x 76.8 in. $12,750
63
saatchiart.com/invest-in-art
ANDRE W SALGADO Featured in Invest In Art 2017
Canadian artist Andrew Salgado, now living in London, UK, has had sellout shows at Beers (London), 1969 Gallery (New York), Christopher Moller Gallery (Cape Town) and Lauba Art House (Zagreb, Croatia). In 2017 he was the youngest-ever artist to be given a survey exhibition at The Canadian
Z ARIA FORMAN
High Commission in London.
Featured in Invest In Art 2017
Oh!, Courtesy Saatchi Art
Born in South Natick, MA in 1982, Zaria Forman lives and works in Brooklyn, NY. She has had numerous solo exhibitions in the US, and her documentation of climate change in pastel led to an art residency in Antarctica aboard the National Geographic Explorer. She has delivered a TEDTalk which has been watched by 1.2 million viewers, and has been featured in the New York Times Magazine, Huď„‚ngton Post and the Smithsonian Magazine. Greenland No.42, Courtesy Saatchi Art
ERIN MORRISON Featured in Invest In Art 2017
Erin Morrison was born in Little Rock, Arkansas in 1985, and lives and works in Los Angeles. She has had solo shows at Ochi Projects and Chimento Contemporary in Los Angeles, as well as many group exhibitions in New York, Seattle, Portland and the Greater Los Angeles area. Her paintings have garnered publication in the Los Angeles Times, New American Paintings and FLAUNT magazine. The Head of Gaugin Among Other Objects, Courtesy Saatchi Art
K WANGHO SH IN Featured in Invest In Art 2017
South Korean painter Kwangho Shin has been exhibited in many group and solo exhibitions, including Goethe Institute Korea Gallery and ArtRaum Berlin Galerie in Berlin, Gallery Jung and Bien Gallery in Seoul, Yavuz Gallery in Singapore, and Unix Gallery in New York. His works have been shown at fairs such as Art Market San Francisco, Palm Beach Modern + Contemporary, and Art Miami. 156 Untitled, Courtesy Saatchi Art
64
Invest In Art | 2018 Report
DEVAN SH IMOYAMA Featured in Invest In Art 2017
Devan Shimoyama was born in 1989 in Philadelphia, PA and now lives and works in Pittsburgh where he is Assistant Professor of Art at Carnegie Mellon. He has had solo exhibitions at the De Buck Gallery in New York, Independent Art Fair, New York and Samuel Freeman Gallery, Los Angeles. In 2016 he won the PULSE Prize at Miami Beach for best solo booth, and in 2018 he had his ď„ rst museum show at the Andy Warhol Museum, Pittsburgh. On the recommendation of Mickalene Thomas, he won a place at the Fountainhead Residency in Miami. He has been featured in the New York Times, i-D Magazine, W Magazine and the Los Angeles Times. Drained in the Corner, Courtesy Saatchi Art
SARAH FAUX Featured in Invest In Art 2015
Sarah Faux has an MFA from Yale University, and lives and works in Brooklyn, NY. In 2018 she had solo shows at Capsule in Shanghai and Cuevas Tilleard in New York. She has been featured in group exhibitions in the US, Sweden, Italy, Belgium, China and Croatia. Sarah has been awarded residencies by Cuevas Tilleard Projects Residency in Lamu, Kenya, and by Yaddo in Saratoga Springs, NY. Ice to Her Liver, Courtesy Saatchi Art
LOU ROS Featured in Invest In Art 2017
Born in La Rochelle, France in 1984, Lou Ros lives and works in Paris. His paintings have been exhibited at galleries in London, Cape Town and Munich. He has had solo shows in Paris, New York and San Francisco. His paintings were chosen for publication in the Thames & Hudson book 100 Painters of Tomorrow. INC3, Courtesy Saatchi Art
65
saatchiart.com/invest-in-art
VIVIEN ZHANG Featured in Invest In Art 2017
Vivien Zhang was born in 1990 in Beijing and lives and works in London. She has had solo shows in Berlin, Rotterdam, London, Milan and Hong Kong, and has been featured in numerous group exhibitions, including Art021 at Long March Space, Shanghai and Art Basel, Switzerland. She was featured in Forbes’ 2017 “30 Under 30: Asia: The Arts” and proled in ELEPHANT magazine. Order, Oscillation, and Pretence Gesture (Purple), Courtesy Saatchi Art
LOU IS FRATINO Featured in Invest In Art 2017
Louis Fratino was born in Baltimore, MD in 1993 and lives and works in New York. His works have been exhibited at galleries in New York, Los Angeles, Berlin, Copenhagen, Paris and London. In 2018, his paintings were shown at the Yossi Milo Gallery (New York), Galerie Antoine Lévi (Paris), Galerie Mikael Andersen (Copenhagen), Carlier Gebauer (Berlin), Thierry Goldberg (Miami) and Andréhn-Schiptjenko (Stockholm). Ankleiden, Courtesy Saatchi Art
BRADLEY WOOD Featured in Invest In Art 2017
DAN IEL MULLEN
Since his 2017 debut solo show with
Featured in Invest In Art 2014
Saatchi Art in New York, Bradley Wood has been exhibited at galleries in Canada and the US, and at art fairs around the world, including PULSE Miami, where in 2016 his sold-out solo show was shortlisted for the PULSE Prize for artist of the fair. In 2018 he had a solo exhibition at Angell Gallery in Toronto. Madam Lorain, Courtesy Saatchi Art
Daniel Mullen, born in 1985, is a Scottish painter working in Amsterdam. Daniel has had solo exhibitions at the Private View Gallery in Turin, Uprise Art in New York and Appels Gallery in Amsterdam. He has exhibited in group shows in London, Vancouver, New York and most recently had his rst museum show in Berlin. His works have been shown at Art Basel Miami, Vienna Contemporary, SP-ARTE and KUNST RAI. False Empire, 31.5 x 27.6 in. $3,425
66
Invest In Art | 2018 Report
Saatchi Art’s Advisory Services PR I VAT E C L I E N T S
•
TRADE
•
C O R P O R AT E S E RV I C E S
67
saatchiart.com/invest-in-art
Rebecca Wilson Chief Curator & VP, Art Advisory Former Director, Saatchi Gallery, London and Editor, ArtReview
Saatchi Art’s curators have years of professional experience in the art world and a deep knowledge of thousands of international artists. Whether you’re a new art buyer, an experienced collector, a designer or art consultant, our curators will work with you to nd appropriate artworks for your specic needs. Please email us at curator@saatchiart.com
Saatchi Art’s advisory team will recommend works that are perfect for your space.
Artwork: Candace Primack Speak Softly 1
OUR SERVICES:
• Guidance about investing in art • Art for hotels and hospitality projects • Art for corporate offices • Outdoor sculpture parks Contact us at saatchiart.com/artadvisory
68
Invest In Art | 2018 Report
SA ATCH I ART ADVISORY
Case Studies
ST. GREGORY HOTEL
For this hotel in Washington DC, we provided custom artworks for the guest rooms, working with the hotel’s interior designers to nd appropriate works for their elegant, contemporary design.
Our curators work with clients all over the world to nd appropriate artworks for specic projects, from luxury hotels and private residences to corporate oces and public sculpture parks.
69
saatchiart.com/invest-in-art
ROBERT DOWNEY JR.
We recently shipped this large-scale sculpture by Andrius Petkus from Lithuania to the US, where it is now installed in the garden of Robert Downey Jr.’s home in the Hamptons. It was featured on the cover of Architectural Digest’s November 2017 issue.
MOSCOW BIENN IALE
This stainless steel installation, entitled Echo, was created by Husam Chaya and installed in Zaryadye Park in Moscow in time for the Moscow Biennale 2017. Husam’s installation quickly gained notice with visitors sharing photos and taking seles amongst the nine two-meter sculptures. The installation, commissioned in conjunction with the Moscow Public Art Fund, was part of Moscow Design Week 2017.
70
Invest In Art | 2018 Report
Making a Purchase PURCHAS I N G O N LI N E
ART ADV I SORY
The artists in this Invest In Art report have portfolios
Work with a Saatchi Art curator to nd specic works
of available works online at saatchiart.com.
to meet your requirements. Email curator@saatchiart.com to begin your one-on-one consultation.
WORLD - CL AS S CUS TO M ER S ERV I CE
From the moment you make your purchase, our customer
CO N TACT US
support team will be in regular contact with you, taking
You can reach us by calling 1.877.485.1199 or emailing
care of everything as we ship your artwork from the
support@saatchiart.com between the hours of 9:00am -
artist’s studio to your door.
6:00pm PST Monday through Saturday.
ABOUT REBECCA W I L SO N
Rebecca Wilson is Chief Curator and
joining the Saatchi Gallery, Wilson
Vice-President of Art Advisory at
worked for 14 years in book and art
Saatchi Art. She oversees all curatorial
magazine publishing: she was editor
aspects of the online gallery and leads
of ArtReview, and also served as deputy
Saatchi Art’s Art Advisory service.
editor of Modern Painters.
Previously she spent seven years at
Wilson has participated as an ocial
the Saatchi Gallery, London, most
jury member for the prestigious EyeEm
recently as a Director for the gallery,
photography awards and The Other
and was instrumental in the launch
Art Fair artist selection process.
of the gallery’s online presence.
She was a guest editor for Fresh Paint
In 2007 she created New Sensations,
magazine, curating a selection of
a highly coveted prize which identied
50 emerging artists from around the
the most exciting emerging artists
world, and has curated exhibitions in
in the UK. In 2009 she appeared in
London, New York, Paris, Los Angeles,
the BBC’s The School of Saatchi,
Dublin, and Austin, Texas. Wilson has
a four-part TV series showcasing
over 15 years’ of experience working
talented emerging artists. Prior to
with emerging artists.
To discover the world of Saatchi Art, please visit saatchiart.com and sign up for our newsletter.
71
saatchiart.com/invest-in-art
INVEST IN ART
2 018 R E P O R T
An Overview of the Online Art Market Emerging Artists to Buy Now
saatchiart.com
72
Invest In Art | 2018 Report 1655 26th St. Santa Monica, CA 90404
PRSRT STD U. S . P O S TAG E
saatchiart.com
PA I D S A AT C H I A R T
INVEST IN ART
2 018 R E P O R T
An Overview of the Online Art Market Emerging Artists to Buy Now