Art itself has the ability to create a collection, on the one hand, and be a smart choice for diversifying an investment portfolio or providing protection against inflation, on the other. Moreover, contemporary art, due to its complex nature and with a greater ability to increase in value, has seen in recent years a growing demand from collectors and investors in order to achieve a combination of personal collection and current.

Exhibition of modern art in the Chesianu-Rakovice PalacePhoto: Artmark

For example, the works of some well-known contemporary Romanian artists, such as Corneliu Baba, Georges Mazilu, Alexandru Cukurenko, Sabin Balasha, Adrian Heni or Felix Aftene, have recorded a significant increase in prices in recent years. The same artists can be found at the postmodern and contemporary art auction organized by the auction house A10 by Artmark on Tuesday, February 21. This is a good time for collectors and investors to purchase important works signed by well-known or promising Romanian contemporaries. artists Below are just a few examples that can create a desirable collection and that over time can provide financial returns from rising market prices.

Adrian Ghenie remains at the top of the advantage, being also the leader of the February 21 auction. A relatively large Ghenie oil, inspired by the history and sensations that Eastern Europe evokes, has an estimate of 60-90 thousand euros at the auction. Adrian Heni is widely represented outside of Romania, and his works are included in such collections as: the Georges Pompidou Museum in Paris, the San Francisco Museum of Modern Art, the Malaga Center for Contemporary Art or the Hammer Museum in Los Angeles.

A special exposition of the auction of postmodern and contemporary art is “Still life with roses and art albums”. The piece, signed to Alexander Cukurenko, comes from the historical collection of the composer Ion Dumitrescu, which was owned until 1994, and has the dedication of the artist – “Lui Ion, 7.I.(1)952”. The estimate of harmonious work is 12-18 thousand euros. The universe of Sabin Balashi can complete any collection, and the work “Fairy of Dawn” can delight any generation. The work was completed in 1973 and has a starting price of 10,000 euros. An artist who is valued by collectors and who follows the growing trend of recent years is Felix Aftené. Works signed by him are absorbed by the market at increasing prices, regularly reaching new records. At the auction on February 21, the work “Călăuza” has a starting price of 7,000 euros and belongs to his last cycle, recently realized in 2022. Present not only at the large-scale retrospective exhibition in Timisoara, in the year of the European capital. Culture , as well as the postmodern and contemporary art auction on Tuesday, February 21, is the artist Paul Neagu – with three works, the starting prices of which are 800 (“The City of the Fist”), 1000 (“The Balanced Hyphen”) and 3500 (“The Hyphen – energy”) euros.

February 21 is the day of investing in modern art, which is currently one of the most difficult, but at the same time one of the most profitable types of investment. Selections are made on artmark.ro, and the contemporary art exhibition is on show at Cesiano-Rakovica Palace, an ideal place to visit in the evening or at the weekend. To participate in the auction of postmodern and contemporary art, you need to create an account at artmark.ro.

Adrian Heny at the contemporary art exhibition

Article supported by A10 by Artmark