{"id":2911,"date":"2022-08-19T10:28:52","date_gmt":"2022-08-19T03:28:52","guid":{"rendered":"https:\/\/vygallery.com\/?p=2911"},"modified":"2022-07-31T10:38:01","modified_gmt":"2022-07-31T03:38:01","slug":"how-to-find-the-fine-art-collectibles-that-are-worth-collecting","status":"publish","type":"post","link":"https:\/\/vygallery.com\/en\/how-to-find-the-fine-art-collectibles-that-are-worth-collecting\/","title":{"rendered":"How to Find the Fine Art Collectibles That Are Worth Collecting"},"content":{"rendered":"
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Jeff Koons<\/span><\/div>\n<\/div>\n
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Play D’oh coupe plate<\/i>, 2014<\/span><\/div>\n
Baldwin Projects – <\/span>\u00a3995<\/span><\/div>\n<\/div>\n<\/div>\n
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Virgil Abloh<\/span><\/div>\n<\/div>\n
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“Sculpture” shopping bag<\/i>, 2019<\/span><\/div>\n
Baldwin Projects – <\/span>Under \u00a31,000<\/span><\/div>\n
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We often think of the items within a museum gift shop as just memorable souvenirs. Few would consider these works as purchasable fine art, and yet, recent blockbuster exhibitions\u2014from Jeff Koons<\/a><\/span>\u2019s retrospective at the\u00a0Whitney Museum of American Art<\/a><\/span>\u00a0to\u00a0KAWS<\/a><\/span>\u2019s survey at the\u00a0Brooklyn Museum<\/a><\/span>\u2014have demonstrated that fine art collectibles are collection-worthy works that can be acquired at primary and secondary markets.<\/div>\n
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The vast majority of these objects fall into the category of fine art collectibles and are often items related to lifestyle or home decor. For example,\u00a0Kara Walker<\/a><\/span>\u00a0made a limited number of ceramic sculptures that were functionable pitchers in 2014, and this category also includes small sculptures and toys, skateboards, plates, planters, clothing, prints, and more. Artists like\u00a0Barbara Kruger<\/a><\/span>,\u00a0Tomokazu Matsuyama<\/a><\/span>, and\u00a0Takashi Murakami<\/a><\/span>\u00a0are just a few of the artists currently creating works like these, moving beyond more traditional art objects like paintings or large-scale sculptures.<\/p>\n<\/div>\n<\/div>\n

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KAWS<\/span><\/div>\n<\/div>\n
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Teapot (Black)<\/i>, 2021<\/span><\/div>\n
Lucky Cat Gallery – <\/span>US$750<\/span><\/div>\n<\/div>\n<\/div>\n
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Kara Walker<\/span><\/div>\n<\/div>\n
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Untitled (Pitcher)<\/i>, 2014<\/span><\/div>\n
Rago\/Wright\/LAMA – <\/span>Bidding closed<\/span><\/div>\n
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The Brooklyn Museum\u2019s latest exhibition, Virgil Abloh<\/a><\/span>\u2019s \u201cFigures of Speech<\/a>,\u201d features its own conceptual store called Church & State, which sells limited-edition items designed for the exhibition by Abloh back in 2019. Here, Abloh has created a tangible example by which audiences, and critically collectors, can begin to reevaluate the gift shop as a space where highly sought-after items can be bought. While items sold in a gift shop may be exclusive, they\u2019re far more democratically approachable than the exorbitant price tags, waitlists, and contacts that accompany buying art through the usual channels like galleries and fairs.<\/div>\n<\/div>\n
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The worthwhile art that is available at the museum gift shop can be easy to miss, so understanding the small details that set a\u00a0Yayoi Kusama<\/a><\/span>\u00a0pumpkin apart from a mere paperweight are key for anyone wanting to start collecting fine art \u201cmerch.\u201d Artsy spoke with Adam Baldwin, director of\u00a0Baldwin Projects<\/a><\/span>, and Amy Vardijan, co-founder and director of\u00a0Lucky Cat Gallery<\/a><\/span>\u2014both of whom specialize in acquiring and selling fine art collectibles\u2014to better assess how collectors can shop the museum gift shop with a more discerning eye.<\/p>\n<\/div>\n

Collectibles feature big names at affordable prices<\/strong><\/span><\/div>\n
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Jeff Koons<\/span><\/div>\n<\/div>\n
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Ballon Dogs – complete set of 3\u00a0<\/i>, 2015 -2017<\/span><\/div>\n
Baldwin Projects – <\/span>Price on request<\/span><\/div>\n
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Long lines and eye-catching art aren\u2019t the only things the 2014 Koons retrospective at the Whitney was remembered for. It also released limited-edition plates<\/a>\u00a0with the company Bernardaud that reinterpreted some of the artist\u2019s previous works. Another round of plates, this time referencing the porcelain dog from his \u201cBanality\u201d series (unveiled in 1988), were produced in an edition of 2,300 for the\u00a0Museum of Contemporary Art, Los Angeles<\/a><\/span>, and sold for $8,000 each in 2015. These plates now sell on the secondary market as fine art collectibles far exceeding their original ticket price.<\/div>\n
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The porcelain sculptures\u2013slash\u2013plates proved a useful way for novice collectors to acquire work from a blue-chip artist like Koons without shelling out the hundreds of thousands\u2014or even millions\u2014of dollars that his work can sell for on the secondary market. Similarly, Kusama\u2019s ceramic polka-dot pumpkins are an accessible way for collectors to have access to an iconic work by Kusama. Collecting work like this might even prime you to take the plunge to buy other works from the artist, like her mirror balls from\u00a0Narcissus Garden<\/em>\u00a0(1966\u20132018), which similarly exist in the hybrid space between fine art and collectible.<\/p>\n<\/div>\n<\/div>\n

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Yayoi Kusama<\/span><\/div>\n<\/div>\n
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Pumpkin Plush (Yellow)<\/i>, 2004<\/span><\/div>\n
Lucky Cat Gallery – <\/span>US$400\u2013US$650<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Yayoi Kusama<\/span><\/div>\n<\/div>\n
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Pumpkin Plush (Red)<\/i>, 2004<\/span><\/div>\n
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But just because a work is affordable doesn\u2019t mean it can\u2019t be meaningful. Baldwin said that the gift shop is a site where people can find art that speaks to them, and he urged new collectors to buy what they love. \u201cIt would surprise you how, for some of our largest collectors, their prized works are not often their most expensive ones\u2014it\u2019s often the relatively inexpensive pieces that have a unique story and meaning to them,\u201d he wrote.<\/div>\n
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Vardijan further added that the location where a work of art is purchased\u2014be that a gift shop or gallery\u2014should not matter as artists stand behind all the work they do. She explained that \u201cartists take great pride in all work they release to the world, whether it be expensive or not, 1 of 1 or 1 of 1,000. It all stems from the same message and mission.\u201d<\/p>\n<\/div>\n

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How to know what\u2019s art and what is simply a souvenir<\/span><\/h2>\n<\/div>\n
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KAWS<\/span><\/div>\n<\/div>\n
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Holiday Space (Set of 3)<\/i>, 2020<\/span><\/div>\n
Lucky Cat Gallery – <\/span>US$4,075<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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There are some telltale signs to help collectors distinguish when a cigar is simply a cigar and not a prized work by KAWS. \u201cIf you\u2019re looking for collectibles in the gift shop that hold their value, or even increase in value over time, look for the collectibles that are signed by the artist, have an edition number and size, or a serial number,\u201d Vardijan wrote.<\/p>\n

To this end, Vardijan encourages collectors to also look at secondary markets, like auction results, to better understand how the market is valuing fine art \u201cmerch\u201d or even the artist\u2019s previous work before committing to a transaction. In particular, it helps if the artist has an ethos or practice making similar work\u2014Koons, for example, is known for making accessible artworks that resemble everyday commercial goods\u2014because the use of merch may be an established part of their artistic approach.<\/p>\n<\/div>\n

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Barbara Kruger<\/span><\/div>\n<\/div>\n
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‘Morrissey’<\/i>, 2016<\/span><\/div>\n
Signari Gallery – <\/span>US$600<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Another resource that Vardijan also emphasizes novice collectors to use is social media, as the hype that a particular limited-edition plate, pitcher, or skateboard deck receives online will set it apart from mere decor. \u201cI\u2019m always looking for any announcements on new releases, exhibitions, events, brand collaborations,\u201d she wrote. \u201cIt\u2019s a great way to see the reactions from fans and collectors as well through comments, shared posts, user-generated content, etc.\u201d<\/p>\n

Vardijan continued: \u201cPlatforms like Hypebeast and Complex also give insight into the artists that are transcending out of the bubble of the fine art world and into mainstream pop culture.\u201d Baldwin summed up the sentiment: \u201cAs always, knowledge and understanding of what you are collecting is paramount.\u201d<\/p>\n<\/div>\n

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How to shop the secondary market<\/span><\/h2>\n<\/div>\n
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Virgil Abloh<\/span><\/div>\n<\/div>\n
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\u201cTEMPORARY\u201d wall clock<\/i>, 2019<\/span><\/div>\n
EHC Fine Art – <\/span>US$2,500<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Of course, because of the time- and inventory-limited nature of gift shops, even if you follow the above channels, it is still possible to miss out on certain collectibles. In cases like this, following the secondary market and galleries who prioritize this kind of work is essential for collectors searching for pieces they missed the first time around.<\/p>\n

When it comes to working with a gallery to find collectibles on the secondary market, collectors should look into the areas in which certain sellers specialize. For example, both Vardijan and Baldwin take pride in the way they curate their offerings, but each represents very different segments of the market:Vardijan follows contemporary hype-worthy collectibles, while Baldwin focuses on key prints, editions, and multiples by \u201cwhat we consider to be \u2018era-defining\u2019 artists from the \u201980s, \u201990s and \u201900s,\u201d he said.<\/p>\n

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Barbara Kruger<\/span><\/div>\n<\/div>\n
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Untitled (Vase)<\/i>, 2020<\/span><\/div>\n
Artware Editions – <\/span>US$2,500<\/span><\/div>\n<\/div>\n<\/div>\n
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Takashi Murakami<\/span><\/div>\n<\/div>\n
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Flowers of Hope<\/i>, 2020<\/span><\/div>\n
Baldwin Projects – <\/span>\u00a34,050<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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The gift shop can be a key site for collectors to buy in-demand works of art. However, as Baldwin and Vardijan emphasized throughout, understanding what the work is, rather than where the work is located or its low cost, should be the guiding factors to avoid buyer\u2019s remorse. Ultimately, Baldwin urged collectors to follow and trust what they like.<\/p>\n

\u201cWe think that a lot of this issue really comes down to the age-old question of \u2018What is art?\u2019\u201d Baldwin wrote. \u201cEverything comes of age eventually. As the great\u00a0Andy Warhol<\/a><\/span> once said, \u2018Art is what you can get away with.\u2019\u201d<\/p>\n<\/div>\n

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Ayanna Dozier is Artsy\u2019s Staff Writer.<\/div>\n
Source: Artsy<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Jeff Koons Play D’oh coupe plate, 2014 Baldwin Projects – \u00a3995 Virgil Abloh “Sculpture” shopping bag, 2019 Baldwin Projects – Under \u00a31,000 We often think of the items within a museum gift shop as just memorable souvenirs. Few would consider these works as purchasable fine art, and yet, recent blockbuster exhibitions\u2014from Jeff Koons\u2019s retrospective at<\/p>\n","protected":false},"author":1,"featured_media":2912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[],"yoast_head":"\nHow to Find the Fine Art Collectibles That Are Worth Collecting - VY GALLERY<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vygallery.com\/en\/how-to-find-the-fine-art-collectibles-that-are-worth-collecting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Find the Fine Art Collectibles That Are Worth Collecting - VY GALLERY\" \/>\n<meta property=\"og:description\" content=\"Jeff Koons Play D’oh coupe plate, 2014 Baldwin Projects – \u00a3995 Virgil Abloh “Sculpture” shopping bag, 2019 Baldwin Projects – Under \u00a31,000 We often think of the items within a museum gift shop as just memorable souvenirs. 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