Catch this market before it becomes Blue Chip


2015-06-26 12:57:35


Catch this market before it becomes Blue Chip

With backing from the world's top art buyers and auction houses, this market is about to take off

One of the keys to successful investment in collectibles, like in other areas, is identifying a growing market.

One such market has stood out to me for a while now - Contemporary Indian Art.

And it looks like I'm not the only one keen to capitalise on this before prices rise.

Christie's has recently sent a team out to India to promote a number of inspired contemporary artists after the deaths of the country's leading artists - M F Husain, Jehangir Sabavala and Tyeb Mehta - has resulted in a short supply of quality Modernist works over the past 20 years.

Existing artists like S H Raza and Ram Kumar, whose works cansell for millions at auction, are now too old to produce new pieces regularly.

"All art was contemporary during its time and became 'blue chip' over the years," Christie's international director of Asian art, Hugo Weihe, recently told IANS.

"In 20 years, best works of leading contemporary artists such as Subodh Gupta and Zarina Hashmi will be counted among the leading modern art from India."

India, the new China?

The team's visit to India comes ahead of Christie's Asian Art week, which begins on September 11 in New York, and will be less dominated by Chinese artthan in recent years.

Zarina Hashmi Steps Christie'sChristie's favourite Zarina Hashmi's Steps (1981)

And even the world's largest art market is showing support for India's budding artists.

"New Chinese collectors are also looking at Indian contemporary art since it is priced lower than Chinese art. There is a kind of cross-fertilisation," explains Sonal Singh, associate director of Christie's India.

Singh alsostates that American buyers have joined the party, with a focus towards the youngest of India's contemporary painters.

With backing from the world's leading art auction houses, as well as the first and second largest art markets in the world, India's contemporary art scene is among the most promising investments since China's art sceneexploded over a decade ago.

Next steps

Those of you who are keen to invest should do so before it's too late. I anticipate a meteoric rise in prices over the next few years, and have worked in this business long enough to know that an opportunity like this is not to be missed.

My team will be happy to help you source some of India's finest works, using the full force of our 250 years of combined experience. All you have to do is pick up the phone:

+44 (0) 117 933 9500 or

Indian art not for you? Take a look at some of the fantastic investment-grade art pieceswe currently have in stock.

Until next week


Paul Fraser

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