What an exciting time to be an art collector. From the Armory in New York to Art Basel in Switzerland, Frieze in London, FIAC in Paris and now Art Basel in Miami the fall has offered many opportunities for collectors and art lovers alike to see art in person and discover new artists.
While the frantic pace of the past couple of months can be disorienting at times, I am happy to be back writing this newsletter and reflect on the past couple of months and how the art world is emerging from the pandemic.
“The art world we are returning to is not the art world we left in 2020”, observes art critic Jerry Saltz. Under the semblance of normalcy, the art world has emerged radically changed. The pandemic has accelerated the migration “online” while the political unrest following the murder of George Floyd has cracked open old power structures. The art world has emerged more diverse, more vibrant, more inclusive and no doubt we are better off for it. This has never been more apparent than art Art Basel Miami where black, indigenous and artists of colors were front and center, celebrated, coveted; opening a whole new word for collectors and of collectors. Diversity in the art world has become the norm and collectors are embracing the change. There is no longer one narrative and rather many opportunities for new and young art collectors to enter the market and find art and artists that resonate with them.
Many collectors have also embraced online viewing platforms, fundamentally changing the way we view art, learn about art and buy art. According to a report published by Artsy on “Art Collecting 2021” every art collector is an “online collector”. Social media platforms, like Instagram and online art marketplaces like Artsy, have become the platforms of choice for looking at art; discovering new artists and artworks. They have become the driving force behind both online and offline purchases. In 2021, online sales account for 25% of the overall art market sales, up from 9% in 2019 according to Artsy.
The result of all these changes is a more inclusive art market, where new and seasoned collectors alike can enter the market. You can email me at email@example.com if you need help sourcing art; and follow me on instagram @estelle_partnerinart for regular updates on shows and art and artists I follow.