Art is a timeless form of expression that can hold much value. Investing in art has become increasingly popular over the years, with people looking for alternative investments outside of the traditional stock market.
Art investments offer a chance for people to invest in something they love and enjoy daily. The art market has been growing steadily, and it’s expected to continue in 2023.
If you’re interested in investing in artwork, you’re in the right place. This blog post dives into some of the best contemporary artists you should consider investing in this year, 2023.
- Pablo Picasso
- Jean-Michel Basquiat
- Chris Ofili
- Daniel Arsham
- Yayoi Kusama
The Best Artists to invest in 2023
Banksy is a pseudonymous England-based street artist and political activist. Over the years, he has made a name for himself in art with his unique and politically charged style.
He’s been known to sell his artwork for millions, but his anonymity and the secrecy surrounding his identity have only added to his allure.
It’s a wild world out there for art lovers and investors alike. For instance, Sunflowers from Petrol Station commanded an astonishing $14 million price tag at a Christie’s auction.
And in a moment that had everyone on the edge of their seats, Banksy’s prankster spirit shone through as one of his contemporary art piece, set to self-destruct, fetched over a million dollars.
Picasso, a Spanish painter born in 1881, is a legendary figure in the Modern Art period. He’s recognized for his ground-breaking Cubism contributions and diverse styles showcased in his Blue and Rose Periods. His artworks, including prints, ceramics, drawings, and sculptures, continue to be highly sought by art collectors and historians.
The value of a Picasso piece is undeniable, as evidenced by the record-breaking sale of one of his piece of art at a Sotheby’s auction for over $100 million.
To invest in Picasso’s art, you can consider using a fractional investing platform such as Masterworks, which currently features his piece “Homme Assis.”
Alternatively, some of his ceramics and sculptures can be purchased at auctions with lower starting bids, giving investors a chance to own an entire work of art.
Jean-Michel Basquiat was a visionary artist and a pioneer of the neo-expressionist movement. His works often depict a mixture of text, symbols, and portraits and address political and social issues.
Basquiat’s works are highly sought after, and his value has steadily increased over the years. Investing in Basquiat is an excellent choice for those looking for a mix of social commentary and aesthetic appeal.
Another fellow artist happens to be Chris Ofili. He is a British artist known for his vibrant, multi-layered paintings. His works often feature a mixture of cultural references and themes, including religion, sexuality, and race.
Ofili’s works have been shown in prestigious museums and galleries worldwide, making him a highly sought-after artist. Investing in Ofili is a great way to add color and diversity to your art collection.
KAWS is a New York-based artist and designer who has been making waves in the art world for years. His works are instantly recognizable with their bold and vibrant style and have been sought after by collectors and art enthusiasts.
KAWS has collaborated with numerous high-end brands and featured in numerous exhibitions, which has only added to his popularity and the value of his works.
Investing in KAWS is a safe bet, and you can expect to see a good return on investment in the years to come.
Daniel Arsham is an American artist and architect who creates sculptures, paintings, and films that explore the interplay between art, architecture, and the passage of time.
His works are visually stunning, and his unique style has earned him a loyal following of collectors and fans.
He has collaborated with numerous high-end brands and has been featured in numerous exhibitions, further increasing the value of his works.
Investing in Daniel Arsham’s art is a great opportunity, and you can expect a good investment return.
Yayoi Kusama is a Japanese artist best known for her vibrant and repetitive polka-dot motifs. Her works often feature intense, eye-catching colors and patterns, making them instantly recognizable during art auctions.
Kusama’s works have been shown in major museums worldwide and sold for millions at auction. Investing in Kusama is a great way to invest in unique and visually stunning artwork.
Investing in art is a great way to diversify your portfolio and secure a good return on investment in the future.
With these artists, you can be confident that your investment will provide you with a great return in the future.
If you’re looking for the best platforms to invest in art, we highly recommend Masterworks.
They provide a unique opportunity to invest in blue-chip artwork, and their platform makes it easy to invest in the world’s most famous artists. Sign up for Masterworks today and start your art investment journey!
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