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🔥 Alvaro minutes: Hockney Market Frenzy + Chico Da Silva

🔥 Alvaro minutes: Hockney Market Frenzy + Chico Da Silva

Exhibition set to explode

Alvaro from Frame & Flame
January 24, 2025

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-In a Minute-

🔥 Words I Like: meltdown, tier, raw

Hockney’s Paris Spectacle & The Market’s Hot Nerve

We’re about to get a 400-piece David Hockney blowout at Fondation Louis Vuitton this spring, and it’s set to fry a few eyeballs.

Eleven galleries packed with neon-bright canvases, fresh iPad doodles, and blatant nods to Munch and Blake means the hype isn’t just talk.

At 87, Hockney’s outworking half the scene, dropping new pieces faster than critics can whine about it.

While that’s pure gold for fans, it’s also a sly finger to a market that’s itching for star power right now.

Sotheby’s just wrapped up 2024 with $6 billion in sales, smirking in the face of any so-called meltdown.

High interest rates be damned—those top-tier masterpieces still trigger bidding wars among the diehards.

You can thank the Middle East expansions, private sales up by 20 percent, and the unstoppable drip-feed of wealthy new faces for fueling the heat.

Sure, some folks are biting nails over discretionary sellers bailing out, but that just means the market’s slightly less bloated.

David Hockney, Bigger Trees near Warter or/ou Peinture sur le Motif pour le Nouvel Age Post-Photographique, 2007

Normandy lockdown landscapes, Renaissance heads, and Hockney’s cosmic new visions of old masters are prime picks for those who want to gamble on his unstoppable brand.

Meanwhile, luxury houses keep flexing muscle, turning exhibitions into borderline catwalks, and hooking a new wave of hypebeast collectors.

Let them ramp up the marketing: more eyeballs means more potential flips for the rest of us.

Smart money moves swiftly, nabbing under-the-radar works before the next big headache over fees, tariffs, or conflict zones sets off fresh chaos.

If you’ve got a stash, hedge your bets: snag a couple of tried-and-true classics, then gamble on a bright new generative AI piece.

No rhetorical flourish: it’s either pivot or fade.

The Hockney show runs April 9 to September 1, 2025, so get in early, then hold tight for the inevitable aftershock in private deals.

Don’t say nobody warned you, darling—this is the new normal, and it’s about to get raw.

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-Today’s Catch-

Chico Da Silva

Chico Da Silva, Untitled, 1974

💭 My 2 Cents: Chico da Silva’s 1974 painting at £22,000 is a tempting morsel in a market that’s turned this once-overlooked modernist into a rising star. I won't pretend to be immune to the bright Amazonian flair—there’s something about mythological creatures that just screams “buy me and hang me in your living room.”

🔑 Key Numbers: The median price for 1970s-era Da Silva sits near $24k, so this piece is basically on par. Overall sales show an 85% sell-through rate, and average hammer ratios hover above 1.0, proving that Da Silva lots typically beat the house estimates. Although market growth slid a jaw-dropping 83.8% after a wild 2023, prices remain surprisingly stable in the sub-$50k bracket.

🧠 Why It’s a Smart Pick: With institutional backing from big-league museums and consistent sell-through metrics, Da Silva’s vibrant works have become more than just wall candy. At £22k, you’re not emptying your offshore account, and there’s enough traction to potentially see an upside. That’s what I call a savvy buy in a noisy market.

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See you soon!

-Alvaro (@theartmarketguy)

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Not financial advice. Frame&Flame is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.