If you recall, the Jasper Johns painting of the American flag from the estate of author Michael Crichton sold for a record $28.6 million last year in New York at Christie’s International’s biggest contemporary art auction in two years, upping the ante for owning a Jasper Johns.
Not everybody has the budget for a painting of an iconic artist. That’s where the print market gets interesting. Many people are investing in tangible goods such as fine art in these days of stock market uncertainty. While prints offer an affordable entry to the world of art collecting, the values of prints are on the rise and the print market has exploded in the past ten years. Apparently these investors are onto something.
Be on the lookout for the Jasper Johns works at the upcoming October 25-26 Prints & Multiples Auction in New York. This sale amasses an impressive collection of well-known artists prints and multiples- many important works by artists such as Picasso, Miro, Renoir, Matisse, Chagall, Warhol, Johns, Lichtenstein, etc. It is sure to be another blockbuster.
So if you missed out on Jasper Johns last time, I hope you acquire one of his works such as this one at the Christies Auction in a few weeks. Happy bidding!