Will On the net Artwork Auctions Be 2021’s Very hot New Development in the Artwork Globe?
“We knew collectors would like our new online encounter,” said Park West Gallery Founder and CEO Albert Scaglione. “But what we failed to anticipate is how swiftly that section of our business would mature.”
Considering the fact that the get started of 2021, Park West has seen file sales and attendance at their on the internet auctions. In fact, more than the January 15-17 weekend, the gallery sold 1,559 performs of artwork, the largest amount of performs that Park West has at any time offered all through an on line auction weekend—breaking their earlier history established only two months in the past on New Year’s weekend when a exclusive three-calendar year-outdated visitor auctioneer brought down the hammer on the report-breaking sale.
“There are quite a few rewards of auctioning artwork on the net,” mentioned Scaglione. “A single of the most important added benefits is the variety you can present. When we’re auctioning at an function or on a cruise ship, there is a finite sum of artwork we can suit into the room. But, when we’re on-line, the variety of art that we can offer you to our customers is simply extraordinary. And we’re having edge of that each individual 7 days.”
1 of the highlights of this previous weekend was history-breaking gross sales from two of Park West’s best new artists, Ashton Howard and Jon Rattenbury. Howard is a Florida native who has won important acclaim for his performs of “Fluid Realism”—a technique he invented that captures the light and movement of h2o in a definitely one of a kind style. Jon Rattenbury, a preferred modern artist, is effectively-recognized for his “dimensional acrylic” paintings, which give his landscapes an otherworldly level of texture and depth.
The January 15-17 weekend also saw history product sales for is effective by the late terrific Jean-Claude Picot, the renowned Article-Impressionist who handed away in August 2020.
“We’ve really noticed a huge uptick in our online art auctions in 2021,” explained Park West Principal Auctioneer Jordan Sitter. “I had a customer final weekend who knew us from our cruise auctions who had hardly ever attended a person of our on the internet auctions ahead of. She saw some of our new push protection and resolved to show up at her 1st one particular. She finished up paying out above $100,000! Art collectors are seriously responding to this new structure.”
This new surge in on-line art gathering aligns with 2020 exploration from Barron’s, the Dow Jones & Business magazine, which famous that the COVID-19 disaster could essentially strengthen online artwork sales and predicted that the shift to on the net platforms for artwork collecting could be “each lasting and transformative.”
About Park West Gallery
Park West Gallery is the world’s major artwork supplier, bringing the expertise of amassing good art to additional than 3 million consumers considering the fact that 1969. Regardless of whether it’s masterpieces from history’s biggest artists or the most up-to-date artwork from foremost up to date icons, Park West presents some thing for everybody by way of its available artwork exhibitions and auctions all about the earth. You can find out more about Park West Gallery and its more than 50-year background at http://www.parkwestgallery.com
Park West also hosts live-streaming on line artwork auctions each individual weekend. To understand a lot more about Park West’s on the net amassing functions, take a look at https://www.parkwestgallery.com/on the web/
Speak to: Tom Burns
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Source Park West Gallery