Looking to break into the art market? Think Victorian

"A dewy morning on the mountains, Capel Curig, North Wales" by Benjamin Williams Leader via Christie's
“A dewy morning on the mountains, Capel Curig, North Wales” by Benjamin Williams Leader via Christie’s

It’s no secret that the art market is on shaky ground. Nine-figure masterpieces just aren’t selling like they used to. But if you are looking for real value, consider ditching the sexy world of modern art and giving Victorian a try.

A Christmas Carol" by Rossetti
“A Christmas Carol” by Rossetti

“If someone actually likes this sort of art, it’s a very, very good time to be buying it,” Polly Sartori, the director of Gallery 19C in Los Angeles and the former head of 19th-century European paintings at Sotheby’s, told Bloomberg.

A landscape painted by Benjamin Williams Leader is up for sale at Christie’s. It has an estimate of $22,000 to $30,000, but a similar landscape sold 13 years ago at Sotheby’s for $293,400, according to Bloomberg,

“Some of the best work by Victorian artists is fantastic value compared to other sectors of the market,” said Matthew Green, a director at London’s Richard Green gallery.

"Sisters," by Millais,
“Sisters” by Millais

But don’t get too excited! If you’re like us and immediately thought, “Time to pick up a Rossetti for my parlor!” Your out of luck. Apparently, the work of the Pre-Raphaelites is still in high demand. In 2013, “Sisters, by Millais, and “A Christmas Carol” by Rossetti sold for $3.5 million and $7.5 million, respectively. [Bloomberg]

 

 

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