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- š„ Alvaro minutes: Artās Not Set in Stone + Alex Gardner
š„ Alvaro minutes: Artās Not Set in Stone + Alex Gardner
Paintings learn new tricks
Alvaro from Frame & Flame
December 16, 2024
-In a Minute-
š„ Words I Like: fluid, evolving, incremental, pivot, hybrid
Artās Not Set in Stone, and It Might Never Be Again
For ages, we treated artworks like sealed vaultsāfixed and final. Now, younger buyers are eyeing art that behaves more like a dynamic platform, updating over time or existing in formats that can shift as easily as a video game world rotating its map. Even old-school galleries are wobbling: Take the alleged payment issues at Thierry Goldberg, or a high-profile Chardin sale falling through, and itās clear that the ātraditionalā market is feeling pressure to rethink what art ownership and authenticity really mean. Meanwhile, boundary-blurring items like those $32 million ruby slippers suggest that the cultural and financial value of āartā may be defined as much by narrative and novelty as by a stable legacy.
Beepleās 'HUMAN ONE'
Still, weāre not wholesale ditching centuries of artistic tradition tomorrow. Plenty of collectors remain perfectly content with the calm reassurance of a static masterpieceāsomething they can actually hold, store, and pass down without worrying about a new āpatchā changing the experience.
Why it matters: Weāre inching toward a future where static art and fluid cultural content coexist, forcing everyoneāfrom galleries to collectorsāto adapt their expectations. If this gradual shift continues, pricing models, insurance policies, and even museum strategies may have to evolve.
The moral: Donāt cling too tightly to the idea of āfinishedā art. The next generation of collectors might prefer their masterpieces with a side of update notifications.
P.S. Remember when āart restorationā meant touching up paint? In a decade, it might mean downloading the latest version before your guests arrive.
The $100 Trillion Opportunity in AI?
The rise of AI is shaping up to be bigger than any financial trend weāve seen before. According to seasoned investor James Altucher, this next-gen AI revolution could create a $100 TRILLION industry, and early investors could stand to benefit. Heās even laid out how a $10K investment might turn into $1 million over the coming years. Want to see the details?
-Todayās Catch-
Alex Gardner
Alex Gardner, Should've Stayed Home, 2016
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š My 2 Cents: Alex Gardnerās Shouldāve Stayed Home (2016) lands like that awkward moment when you realize you should have ghosted the party two hours ago. The figures, faceless and cool as ice, act like a visual āfigure it out yourselfā statement. This piece runs minimal and introspective, delivering a subtle gut-punch without cheesy drama.
š Key Numbers: The Gardner marketās been pretty lively. Early-phase pieces like this? Hard to snag. Weāve seen Gardnerās top works hitting well into six figures at peak moments, then cooling before bouncing backākind of like a cat with nine lives. Current estimates at $40,000-$60,000? Thatās basically a door cracked open for a savvy collector. Factor in that high sell-through history and youāre looking at a piece that might just age like fine wine.
š§ Why Itās a Smart Pick: Gardnerās no passing fad. His minimalist, emotion-charged scenes are timelessāracial tension, intimacy, isolation, theyāre always relevant. Institutions and big-name collectors have already called dibs on him.
-Whenever You Are Ready-
Here are 3 ways I can help you:ā
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See you next Wednesday!
-Alvaro (@theartmarketguy)
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