Katya Kazakina looks at Adam Sender’s art collecting as news of his first show, Home Alone, spreads. Appearing in a home he’s trying to sell in Florida, the show was put together by Sender’s curator, Sarah Aibel, who is also responsible for the title quote on this post:
“Collecting is a long-term process and it’s very different from what I do all day, which is trading,” Sender said. “It’s the yin and yang.” […]
“Some artists are doing a lot better than before 2008 and some artists are not doing as well,” he said. “But overall, the portfolio of art has done really well between 2008 and right now.”
Sender owns more than 30 pieces by Sherman, whose auction revenue has jumped 39 percent since 2008, according to art- market research company Artprice. He owns more than 20 works by Prince, whose auction prices have fallen 60 percent since their 2008 peak. […]
He also sells. A room-size installation by Mike Kelley fetched $2.7 million at auction in November 2006; Prince’s “Tender Nurse” brought in $2.3 million.
Hedge Fund Manager Sender Shows Art Collection, Blasts Fairfax (Bloomberg)
