Surging prices for postwar and contemporary art are inspiring dealers, collectors, and galleries to rediscover long-overlooked artists whose work is affordable and critically acclaimed. “It’s a function of a global market,
Wendy Cromwell, board president of the Association of Professional Art Advisors in New York.
The Artnet C50 Index, which combines sales data from 50 top contemporary and postwar artists,
artists as a safer investment. “New buyers who have doubts about young artists feel more comfortable with an artist who has a place, even a small one, in art history,” says Belgian collector Alain Servais
434% Rise in value of 50 top comtemporary and postwar artists since 2003