Artists under "30" do well in Auction Houses
Five artists under 30
- Africa and Middle East
Without Christie's in Dubai, Sotheby's in Doha, and the often prospective nature of the major auction sales in London, many young artists would possibly not even exist in the auction world. The flow of artworks onto a given market largely depends on the selling power of the auction firms, or – put another way – the offer density of the works by a given artist is highly dependent on the overall dynamism of the auctioneers. In this case we are talking about artists who are still almost completely unknown at an international level, and the number of lots offered in the past 18 months is very small indeed. In fact, the best-served market in this “zone” is that of Halil Vurucuoglu ...ith just four lots offered over the period.
Born in Cape Town and living in Amsterdam, Joseph KLIBANSKY's owes his success to a career abroad and a good understanding of the workings of the art market assisted by graduation from a Dutch business school. His work made its auction debut in Amsterdam in 2008 with a clever photo-montage on his favorite theme: urban density as a starting point for a series of dreamy fantasies. His first large format work to sell (entitled Heavy trafic and edited in 25 copies) fetched over $6,000 at AAG (€4,200 excluding fees, on June 2, 2008). Three years later, a large mixed-media work from an edition of 7 climbed to $40,000 at Sotheby's Amsterdam. Seductive, Klibansky’s work is also visually effective and it is meticulously produced by compounding hundreds of images that are reworked with paint and resin. His works have already been shown in several Contemporary art fairs from Basel (Scope art fair) to Singapore, generating a more international demand that prompted Phillips to present one of his sculptures in London in April 2014. The polished bronze work titled Elements of Life (part of the Elements Series) sold for $63,650 ($80,000 including fees). That has been his only sale so far this year, but in terms of best results, it puts him way ahead of Halil Vurucuoglu, Yusuf Aygeç, Vahid Chamani and Yasmine Ben Kheli whose auction records so far vary between USD 13,000 and 16,000.
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