Affordable art that's worth buying. Get industry professionals' tips on what’s coming up at auction. PLUS news, events, books, exhibitions and everything arts & culture.
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The Friday F.U.N Email(Factoid, Under 2k, Nuggets)Factoid:Millennials Are Cooling on High-End Art According to a recent Art Basel report, the art market’s prolonged slowdown is partly due to a shift in millennial spending habits. This group, aged 28 to 43, made waves in 2022, spending an average of $864,940 on art. But in 2023, that figure more than halved to $395,000. However, if we look at median spending, the drop is much less dramatic, slipping only slightly from $50,165 to $50,000. So what's the takeaway? Don’t buy into every headline. The art market’s wild averages are mostly driven by a handful of ultra-high rollers at the top, while the rest of the market stays pretty consistent. Under 2k:TABRIZ STYLE RUG £700 - 1,000 This carpet might not have any particular age or pedigree, but it’s got a lovely colorway and design. If you’re looking to unify a big space, this one does the job beautifully—and at 424 x 310 cm, it’s BIG. Plus, it’s a bargain! JOHN VARLEY R.W.S Landscape with figures and ruins £400 - 600 Varley is one of the most celebrated and collected watercolorists of the 19th century. While his more substantial compositions fetch higher sums, this pair is relatively loose and less worked up—but they still look the part! As a result, they come with a very modest estimate of £200 each—barely enough to cover the cost of their water-gilded frames. MARY FEDDEN Poppy & Pot, 1981 £1,200 - 1,800 Fedden’s art is beloved—and it’s easy to see why. Her quiet, domestic scenes simply ooze charm. This piece is a simple yet punchy little gouache on heavy rag paper, offered at what looks like a very approachable price. Nuggets:✏️ New Book: The Story of Drawing, an Alternative History of Art. [Browse here.] 🤖 AI connoisseur: Swiss auction house are now using algorithms to authenticate works of art. ⭐⭐⭐⭐⭐Run, don't walk: New Met exhibition Sienna is earning 5-star reviews all around. 📜 Video: See how the Royal Collection conserve a Renaissance drawing (5 mins). 🤔 Quiz time: Test your knowledge of art "isms" with these 10 questions. SHARE UNBUNDLEMake someone's day! 🤝 Forward them this email. Better yet... Refer just 1 friend and start winning amazing prizes. 👇 See how below.
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unBundle Art Newsletter
Affordable art that's worth buying. Get industry professionals' tips on what’s coming up at auction. PLUS news, events, books, exhibitions and everything arts & culture.
The Friday F.U.N Email (Factoid, Under 2k, Nuggets) Factoid: Why Buying Affordable Art Is Harder Than You Think Buying affordable art might seem straightforward, but it’s often trickier than investing in high-end pieces. Here’s why. In the first half of 2024, 91% of auctioned artworks were priced under $10,000, with 61% under $1,000, according to ArtPrice data. This segment, driven by the boom in online sales, is the fastest-growing part of the market. It’s easier than ever to buy affordable...
The Friday F.U.N Email (Factoid, Under 2k, Nuggets) Factoid: Relax, It’s Only 0.22% A banana duct-taped to a wall selling for $6.2 million is, admittedly, tough to digest. Maurizio Cattelan’s Comedian ignited both outrage and existential despair after its sale. “If that’s art, then it’s the end of art, isn’t it?” lamented Bendor Grosvenor. Well, “some people don’t realize when they’re being played” said Marion Maneker of Puck. So who's holding the peel? Enter Justin Sun, the 34-year-old...
THIS WEEK: The green fairy, a fantastic foot, books, exhibitions & more. Keep on scrolling... Absinthe is making a comeback—or so says The Observer. Once banned for nearly a century, the emerald elixir has reclaimed its place in London’s trendiest bars. At Soho’s Three Sheets, for example, you’ll find the “Sazzaquack,” a zesty mix of rooibos-infused lemon absinthe. For generations of artists, though, absinthe wasn’t just a drink—it was a muse. Gauguin, Picasso, Degas, Manet, and Van Gogh not...