How to Spot Artists Whose Prices Will Rise
The other day, I went to hear a lecture by art dealer Kazuhiro Mitsui.
He has experience working at the Tokyo branch of the world-renowned Wildenstein Gallery (NY), and he is currently at the forefront of the field, buying and selling artworks for individual collectors.
Regarding “purchasing artworks as an asset” that Mr. Mitsui taught us, he shared “how to spot artists whose prices will rise,” as seen through the artists a gallery represents.
The Top 3 Galleries
First of all, let us map out the global positioning of contemporary art.
Among the so-called mega-galleries, the three galleries positioned in the TOP 3 are said to be the following three.
An artist’s fame is greatly influenced by the clout of the gallery that represents them.
By belonging to a gallery with global reach, an artist’s own future prospects change dramatically.
PACE Gallery
Among the aforementioned “three galleries,” PACE’s artist list is said to deserve special attention. That is because “without exception, the prices of their works rise.” “PACE”‘s commercial impact is worldwide, and it lines up a roster of renowned artists.
PACE Gallery’s Japanese Artists
Looking closely at the list of represented artists, I found four Japanese artists credited as well. So, who are these “Four Heavenly Kings”…?
They are the following artists.
- Yoshitomo Nara
- Kohei Nawa
- Isamu Noguchi
- teamLab
teamLab has been prominently featured in the news, hasn’t it?
Among the four, Kohei Nawa is, for now, in a relatively affordable price range, I think.
Well, did you find this helpful?
As for me, I want to keep buying works by evaluating the works themselves, without being swayed by an artist’s fame. How about you?
