What the market’s saying – and what we’ve always seen.
I’m writing a piece for MoneyWeek, for a collecting supplement on alternative investment. It’s a deep dive into how the art market has moved this past year. I’ll share it when it lands.
This is something else. Not a summary or a preview. Just a few things worth noticing. The UBS/Art Basel report arrived, full of charts and careful phrases.. And what does it say about the art market over the last 12 months?
The high end has cooled. Under £5,000 is where the energy is. First-time collectors are rising. Buyers want work that means something, not what they’re told to like.
No surprises. Still, it’s nice when the scientific data catches up with something you knew instinctively – through intuition, lived experience, or quiet observation.
We’ve been here a long time. Quietly. Backing new artists. Trusting instinct. Recognising. From the inside out and now the market is adjusting, we’re already here.
There’s particular strength in the £4,000 – £5,000 range right now – work with presence, clarity, and long-term investment potential.
Palms [transformation] Glib Franko