Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Hunting Big Game with Small Wallets

June 30, 2010 by Marion Maneker

Katya Kazakina reveals the methods of art hounds looking for the next big name in art. Using examples of collectors who bought Anselm Reyle and Jeff Koons before their big run ups in price, Kazakina says there’s a new breed of art speculator prowling the galleries:

“To discover artists before they become famous, that’s the thrill for me,” Shariat, 38, says. “It’s like spotting a great stock that nobody else thought of.”

Today, collectors are flocking to small galleries in Berlin, London and New York to play the art market as Shariat does. Rather than paying a few million to $100 million for a Picasso painting, they’re buying the works of emerging artists for $1,000 to $20,000. […] Most artists will never transcend the lower rungs of the market. The key to finding a winner, Shariat says, is research. Visit as many art openings, fairs and museum exhibitions as you can. Talk to dealers, artists and collectors about the art, not about making money from it. Dealers frown on speculators and prefer to do business with buy-and-hold collectors.

Reyle’s an interesting case to mention with some of his paintings trading in London this week for a third of their high-water prices (though well above the prices paid at the gallery.
Art Addicts Prowl for Next Koons in Younger New York Galleries (Bloomberg)

More from Art Market Monitor

  • When an Artist’s Star Light Dims in the Market, Why Do We Assume It Must Be Going Out?When an Artist’s Star Light Dims in the Market, Why Do We Assume It Must Be Going Out?
  • The Good News About Anselm Reyle The Good News About Anselm Reyle
  • Anselm Reyle Does Bags for Dior at ABMBAnselm Reyle Does Bags for Dior at ABMB
  • Lindemann Sells at PhillipsLindemann Sells at Phillips
  • Forging Family TiesForging Family Ties
  • Art's Domesday BookArt's Domesday Book

Filed Under: Collectors Tagged With: Anselm Reyle

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Sotheby’s Offers Pop-Culture Memorabilia, from Nike to Yeezy, in New Series
  • Rauschenberg’s Buffalo II Leads Mayer Collection at Christie’s
  • Rare Apple-1 Computer Available from Christie's Private Sale
  • Christie's Announces $70m Picasso Self Portrait
  • Christie's to Sell $12m Yves Klein to Benefit The Water Academy
  • David Hockney's $20m Pacific Coast Highway & Santa Monica
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor