Who Are the Heavyweight Hype Art Advisors?

[Deleted]

Just looking for some advice from any of the artist's on here who may have had a similar experience, I have been contacted by a curator from Saatchi in L.A, they have an Art Advisory Client who want's to come over from the States to see my paintings...I must say I find this a bit daunting as well as very exciting.

What's the etiquette here, what will they be expecting? and how should I proceed? 

Any help or advice would be greatly appreciated

[tesla]

Hey,

I'm interested in selling and buying some significant unique works from artists like Cleon Peterson, Shepard Fairey, REVOK, Invader and Murakami. 

Anyone has recommended art advisors or art advisory that can find and help move works at relatively high values?

Look for advisors who can move $50k or above works. 

Thanks in advance! 

Tesla 

[dwight]

Sounds like items best sent to auction. With several nice original works by these artists, you should have enough to get a break on seller's commissions. Using a broker/advisor that you don't know could cost you more than auction commissions. There's a limitless number of people who will "help" you sell these and act as a middle man. If you purchased these directly from the artist or representing gallery, you could see if they might place them for you, but you will pay a commission there too.

[Express Post]

Op wanna keep this on the down low.
Auction prob a bit too loud. Bit too shouty shouty.

[fonebone45]

You could also just contact their agents and find out what's available.

[Deleted]

This is tiny money to a big art advisor really. They wanna move million pound + to make proper commission

You can easily buy invader / cleon direct from OTI
Infact most of these artists are fairly straight forward to purchase from source.

I would add... none of them are great investments.

The quality of art you can buy for this money is incredible so why are you picking artists like these??

[LJCal]

Aug 24, 2020 23:40:54 GMT 1 @wales1975 said:

This is tiny money to a big art advisor really. They wanna move million pound + to make proper commission

You can easily buy invader / cleon direct from OTI
Infact most of these artists are fairly straight forward to purchase from source.

I would add... none of them are great investments.

The quality of art you can buy for this money is incredible so why are you picking artists like these??

Yeah you can do a lot of damage with that kind of money for OGs from some really good quality rising stars from top galleries. For me I’d spend some time getting to know galleries like Almine Rech, Hauser & Wirth, Pillar Corrias, and Xavier Hufkens and start buying some primary works from artists on their roster that you connect with. All of those galleries know how to build a market and if you’re spending decent sums and aren’t looking to flip, in time they’ll offer you the good stuff (you may need to buy a couple of less sought after artists first to break the ice). I think all the artists you’re looking at have had their day and only worth buying if you really love their work and aren’t worried about possibly losing money.

[medichead]

Aug 25, 2020 0:02:34 GMT 1 LJCal said:

Aug 24, 2020 23:40:54 GMT 1 @wales1975 said:

This is tiny money to a big art advisor really. They wanna move million pound + to make proper commission

You can easily buy invader / cleon direct from OTI
Infact most of these artists are fairly straight forward to purchase from source.

I would add... none of them are great investments.

The quality of art you can buy for this money is incredible so why are you picking artists like these??

Yeah you can do a lot of damage with that kind of money for OGs from some really good quality rising stars from top galleries. For me I’d spend some time getting to know galleries like Almime Rech, Hauser & Wirth, Pillar Corrias, and Xavier Hufkens and start buying some primary works from artists on their roster that you connect with. All of those galleries know how to build a market and if you’re spending decent sums and aren’t looking to flip, in time they’ll offer you the good stuff (you may need to buy a couple of less sought after artists first to break the ice). I think all the artists you’re looking at have had their day and only worth buying if you really love their work and aren’t worried about possibly losing money.

This 👆🏻

[tesla]

Hey,

Can anyone please recommend me some heavyweight hype art advisors to help me sell some top-tier hype art in my collection. (Heavyweight as in can sell works such as $500k Murakami, $200k Daniel Arsham, $150k Virgil Abloh, all unique works).

I'm learning a lot about collecting art and hope to sell many of the hype art I own and buy from more solid blue-chip gallery programs. Also, I have contacts from the three big auction houses, but with auction comes a lot of uncertainty, and with Murakami's auction market being soft at top level now (some works selling below estimate), I'd rather a good hype art advisor can place the works for me privately. Also galleries are of not much help at this moment they are all trying to generate COVID cash through primary gallery shows first.

I contacted some art advisors. Many are traditional who do not have a group of clients actively buying top tier hype art, if you know any art advisors who can help me sell works at this price range, please DM me that will be much appreciated.

Thanks,
Tesla

[sfnyc]

Advisors wouldn't be called advisors if they advised their clients to buy mass producing contemporary artists... They help their clients source rare works, not works recently sold in galleries. When you buy contemporary art don't expect to make your money back unless there is an established active market in the price range you re buying.. Best is to reach to the gallery you bought it from and ask if they could take them in consignment for private sale, they would be the best to place them with the right clients and most likely will appreciate you going back to them vs selling them in auction.

[medichead]

Did you seek advice when buying these pieces? If so, my instinct would be to approach the initial advisor in question...

If bought from a gallery directly then you could offer the works back and see what price they could achieve, the gallery may be able to find a private buyer for you. You may even make money.

As above, it’s unusual for an art advisor doing their job correctly to place hype art in the collections of clients, so feels like somewhat of an oxymoron.

Fully support your strategy.

[Ken Hashimoto]

If you're wealthy enough to have bought these items in the first place then I'd assume you're simply better off just letting them sit on ice for a while or sending them off to auction (with reserve).

If all your funds are tied up in these three artists it sounds like you may be over leveraged.

It also sounds like you've been following artorious007, lol. I personally think he's right about most things, but not everything, so take that for what it's worth.

[Pipes]

Is hype art a widely used term? Seems fitting but have never heard it before.

[Arty Farty 15]

Hype art = produced by insufferable fashion house collaborators and loved by grown men that put toys on shelves in their living rooms.

[Arty Farty 15]

...So yea it is an insult

[tesla]

Oct 18, 2020 4:38:10 GMT 1 sfnyc said:

Advisors wouldn't be called advisors if they advised their clients to buy mass producing contemporary artists... They help their clients source rare works, not works recently sold in galleries. When you buy contemporary art don't expect to make your money back unless there is an established active market in the price range you re buying.. Best is to reach to the gallery you bought it from and ask if they could take them in consignment for private sale, they would be the best to place them with the right clients and most likely will appreciate you going back to them vs selling them in auction.

Thanks for advice, I tried galleries they are very slow and not much interest... One of the Arsham piece will be in December auction.

[tesla]

Oct 18, 2020 15:43:10 GMT 1 Ken Hashimoto said:

If you're wealthy enough to have bought these items in the first place then I'd assume you're simply better off just letting them sit on ice for a while or sending them off to auction (with reserve).

If all your funds are tied up in these three artists it sounds like you may be over leveraged.

It also sounds like you've been following artorious007, lol. I personally think he's right about most things, but not everything, so take that for what it's worth.

TBH I don't mind sitting them in the storage, just not a fan looking at them anymore in my home. My taste has drastically changed after talking with collectors older than me, and also going to many museums and donating to some and talk with people there make me realize how stupid of those hype stuff I buy. It's good and quick when you buy $4k stuff then sell for $10k-20k 3-5 years later. But when you buy at $300k top-level hype canvas, few people want to buy it for $300-$600k because many are buying more blue-chip and solid investment grade stuff. Let me be a cautionary tale.

[tesla]

Oct 18, 2020 17:27:01 GMT 1 Arty Farty 15 said:

Hype art = produced by insufferable fashion house collaborators and loved by grown men that put toys on shelves in their living rooms.

exactly, looking back I'm ashamed at some of the things I collect, when emailing good galleries and you mention Murakami or any of these names they will immediately assume you as a collector with low taste...

[tesla]

Oct 23, 2020 2:05:05 GMT 1 derivitive said:

And if you have that much money to throw around, pick up a shepard fairey canvas for 50-100k.

Already have 3 Shepard canvases, TBH Shepard I do not think he can have a market run like Banksy, Banksy is more rare for unique works. I was offered some at $300k oil on canvases and passed, I felt dumb to numb for that fact. 

Artists I'm looking for have drastically changed, now my holy grails are Christina Quarles, Barbra Kruger early photographs, Avery Singer canvases.

[acaipride]

Oct 18, 2020 17:27:01 GMT 1 Arty Farty 15 said:

Hype art = produced by insufferable fashion house collaborators and loved by grown men that put toys on shelves in their living rooms.

I own none of these kaws or many vynils that come out, but EVERYTIME I see the grown men and toys comment I think of the old timer in my family that collected baseball cards and stamps through his late 40's, something that at the time was for kids...his wife loves all the trips, house on the hills in south america and the life they paid for when he started cashing in early 2000's...comments parallel to early 2000s about Banksy "art prints"...

[acaipride]

These art advisors advise on the present money level the works are at...if you were to turn back time and put that same mind set when the names they dropped now we're nobody's, they would be advising you to buy the relatively equal value now of an artist in that time.
"Man I should of bought tesla when they ipo'd and everyone was laughing at them", " don't buy nio at 3.25, take all that money and buy tesla"

[Sunny Garcia]

Can you please let us know who a 300K “Hype” artist is? I can’t think of too many off the top of my head.

[pr.yu]

What is happening here?

[JJN]

Oct 23, 2020 3:16:06 GMT 1 pr.yu said:

What is happening here?

Agreed, as if Artorious007 wrote the post himself, to re-post on IG later 

[acaipride]

I know the beanie babies story, as my mother collected them..and no it is not a mix up, these cards and stamps were mass produced like many of the prints and vynils are

[sfnyc]

Oct 23, 2020 1:57:47 GMT 1 tesla said:

Oct 18, 2020 15:43:10 GMT 1 Ken Hashimoto said:

If you're wealthy enough to have bought these items in the first place then I'd assume you're simply better off just letting them sit on ice for a while or sending them off to auction (with reserve).

If all your funds are tied up in these three artists it sounds like you may be over leveraged.

It also sounds like you've been following artorious007, lol. I personally think he's right about most things, but not everything, so take that for what it's worth.

TBH I don't mind sitting them in the storage, just not a fan looking at them anymore in my home. My taste has drastically changed after talking with collectors older than me, and also going to many museums and donating to some and talk with people there make me realize how stupid of those hype stuff I buy. It's good and quick when you buy $4k stuff then sell for $10k-20k 3-5 years later. But when you buy at $300k top-level hype canvas, few people want to buy it for $300-$600k because many are buying more blue-chip and solid investment grade stuff. Let me be a cautionary tale.

Honestly you'll also get bored of your "good" pieces too with time and your taste will likely continually change and evolve. There is never one time where you will feel "that's it I m not getting more art and this collection looks perfect".

[Javier]

Oct 23, 2020 3:54:51 GMT 1 derivitive said:

Oct 23, 2020 3:42:42 GMT 1 acaipride said:

I know the beanie babies story, as my mother collected them..and no it is not a mix up, these cards and stamps were mass produced like many of the prints and vynils are

Organic collectibilty is when a mass produced item is new on the market and some people preserve it. It takes time to see value.

Mass produced scarcity is limited runs of things like kaws vinyl figures.

Limited? 🤔

[medichead]

Oct 23, 2020 3:08:08 GMT 1 Sunny Garcia said:

Can you please let us know who a 300K “Hype” artist is? I can’t think of too many off the top of my head.

OP mentions Arsham, Abloh, Murakami. Check them out.

[Deleted]

150k Virgil abloh 😂😂

If an art advisor touched this they’d be blacklisted by me!

[Deleted]

Also are you now being mentored by artorious?