Top-10 artists up to 40 years. New names
ARTinvestment.RU   15 января 2019

According to the results of auction sales in 2018, the website artprice ranked the most expensive work created by artists under the age of 40 years. Top-10 got works of six authors — American and Chinese

In the top ten most expensive works created by artists under the age of 40 years, the first four positions are occupied by the works of American artist of Nigerian origin Njideka Akunyili Crosby and the new stars of Chinese contemporary-арта Hao Liang. Both of these authors, although young (both born in 1983), but the art-рынке already fairly well-known. Auctions sell their work in 2014. In 2018 they have two auction results above $ 1 million.

Njideka Akunyili Crosby is the first line of the rating with "Imitative gestures", sold for $1.93 million including Commission Buyer's Premium. Personal record Crosby — $3 million in 2017 for a portrait of her sister "Beautiful". The representative of new generation of African American artists and supports the London gallery owner Victoria Miro, and more recently, and David Tsvirner.

Hao Liang brightly debuted at auctions in 2014, when his 13-метровый silk scroll "the Tale of the clouds," sold for $912 thousand at Christie's auction in Shanghai. Since then, his works have acquired in their collections of the Metropolitan Museum, Centre Pompidou and others, and to promote the artist took himself, Larry Gagosian. The most expensive work by Hao Liang in 2018 — "Shell": $1.85 million at Sotheby's in Hong Kong.

Another rising star — 31-летняя Avery singer. After the exhibitions in Turin, Zurich, new-Йорке and Los-Анджелесе her auction career went uphill. Large work mainly in black-белой scheme, including elements of 3D-моделирования sold for hundreds of thousands of dollars. For example, the work of "Fellow travelers, flaming creatures", which was sold in 2013 through the gallery for $20 million, 5 years later, was resold at Sotheby's in new-Йорке for $735 thousand by the Buyer is none other than the ubiquitous Larry Gagosian.

Chinese collectors are strong in terms of support for their artists. In addition, they are indifferent to the techniques of traditional Chinese ink painting on paper or silk. But because the ranking of successful authors to 40 and got Jia Jang (1981) far from modernity the work of the "Elephant", sold for $678 805 at Poly International in Beijing.

Top-10 auction sales of artists under 40 in 2018

Source: artprice.com

Completing the Top-10 work of American conceptual artist Cory Arcangel (1978) and close to pop-арту Nate Lowman (1979).

Many artists in this ranking, as we have seen, one way or another support the leading gallery owners in the world. Young author (and for the modern artist 40 years do not age) is not easy to stand out among thousands of others without this protection. The only question is, what is primary here: the talent of the author and subsequent promotion of his conditional "gagosyanom," or the first is promotion, the desire of Pygmalion-галериста to carve a conditional "Galatea"? There are cases when after several years of intensified promotion of the young author, for which his works break records at auction, the artist suddenly disappears from sight, and prices for his works are falling dramatically. A good example — Jacob Kassay (1984), whose work in 2011-2014 were sold at an average of $100-200 thousand With these results Casey was a leader in numerous ratings young artists. There were rumors that the prices are deliberately inflated gallery RACE. Whatever it was, but today the work Kasseya the same format and quality hardly step over at auction level of $40 thousand, if not remain without a buyer. It only remains to observe further auction career rankings in 2018. Let's hope that after 5 years we still remember about them.

the Material was prepared by Maria Onuchina, AI

Sources: artprice.com, artinvestment.ru