Blue Chip Artwork
Blue chip artists have a long secondary market history underpinning their prices. You can track the trading history of individual works over many years. These artists hold national significance and are in all major collections. Many artists in this category are no longer alive but their legacy to Australian culture is acknowledged. While many of their works will be valued in the hundreds, thousands or millions of dollars, it is important to realize that not all their works may be significant.
Quality, condition and provenance are essential. Often a well documented small edition of an iconic image will be worth more than a bad painting or study by the same artist. Blue-chip artists have strong liquidity or trade ability however the returns will not necessarily be as spectacular in percentage terms as other categories of artists.
* (ref Art Equity, Investing and Collecting Art guide 2011-2012)
Quality, condition and provenance are essential. Often a well documented small edition of an iconic image will be worth more than a bad painting or study by the same artist. Blue-chip artists have strong liquidity or trade ability however the returns will not necessarily be as spectacular in percentage terms as other categories of artists.
* (ref Art Equity, Investing and Collecting Art guide 2011-2012)
