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- đ„ Frieze LAâs Hard Truth + AndreÌ Butzer
đ„ Frieze LAâs Hard Truth + AndreÌ Butzer
Did collectors just ghost it?
HEY YâALL!
Hope you all had a great start to the week! Next week, Arco fair kicks off in Madridâif you're in town and want to grab a drink or spot me at the fair, say hi, I donât bite⊠most of the time. That said, letâs get to itâtodayâs newsletter is packed!
đ„ ICYMI â Catchs from the Last Weeks:
Today we have an AndrĂ© Butzerâcult favorite, volatile market, and a steal compared to his peak. Plus, Sothebyâs fights for the Riggio millions and small galleries rewrite the rules.
But firstâŠ
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-Todayâs Catch-
André Butzer
đ My 2 Cents: This is peak Butzerâa wide-eyed, spaghetti-limbed figure floating in a candy-colored fever dream. Itâs weird, unsettling, and playful in that âI know something you donâtâ kind of way. The oversized alien stare and stretched limbs scream existential crisis wrapped in a childrenâs book illustration. If you want a piece that hits that sweet spot between disturbing and collectible, this one delivers.
đ Key Numbers: At ÂŁ130K, this isnât cheap, but considering Butzerâs record sits at ÂŁ400K+, thereâs room to run. His average hammer ratio is 1.79, meaning his work consistently beats estimates. Large-scale works (like this 212 cm piece) tend to perform well, especially when they showcase his signature style. Expect some volatilityâhis prices have spiked and dippedâbut overall, demand hasnât wavered.
đ§ Why Itâs a Smart Pick: Butzer has institutional backing, a cult following, and a market that rewards his most iconic worksâand this is exactly that. Itâs a Butzer from a key period, making it a safe bet for long-term appreciation. Plus, letâs be honestâthis thing grabs attention. Hang it up and watch collectors, critics, and market-watchers nod in approval.
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-In a Minute-
đ„ Words I Like: cutthroat, rigged, smoke & mirrors
Blood, Money, and Backrooms
Letâs talk about blood in the water. The Riggio Estate is up for grabs, and Christieâs and Sothebyâs are playing dirty. When a top-tier collector kicks it, the real game beginsâbackroom deals, secret handshakes, and numbers that never see the press releases.
Expect a cutthroat fight over those Judds and Serras, and keep an eye on what doesnât hit the blockâsome of the best pieces always get quietly absorbed into museum collections before they ever see a paddle. If youâre smart, start watching for which lots end up whereâwhoever wins this war will set the tone for the market in 2025.
Meanwhile, Frieze LA went ahead despite the city being a post-apocalyptic hellscape. VIPs in designer sneakers stepped over ash to buy million-dollar canvases, while some collectors just used the fires as an excuse to skip an already weak edition. The fair needed a winâit got a shrug. The real takeaway? Art fairs are cracking. Too many, too often, and collectors arenât biting like they used to.
New Yorkâs small galleries figured out how to survive without selling their souls: pooling spaces, cutting costs, and playing the long game. JDJ, Deanna Evans, Proxycoâthese arenât just tiny players clinging to life. Theyâre testing a new model, one that doesnât rely on a few mega-collectors dropping six figures a year to keep the lights on.
And then thereâs quantum computingâthe art worldâs next blind spot. While dealers fight over dead collectorsâ trophies, tech is rewriting the game behind their backs. Laure Prouvost is already messing with quantum AI, tapping into a computing system so sensitive that a dying star could throw it off. Sounds poetic?
Imagine a market where collectors arenât just bidding on paintings, but on live, evolving datasets. Most people arenât ready for this shiftâbut the first collectors who figure it out? Theyâll print money.
-Whenever You Are Ready-
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See you soon!

-Alvaro (@theartmarketguy)
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