The collection of Post-Modern, Modern & Contemporary British Masters shown at this year’s Fine Art & Antiques Fair - Olympia is a microcosm of works sourced by Tanya Baxter Contemporary for international corporate and private collectors. Tanya Baxter, based in both London and Hong Kong, is a leading art consultant with over 20 years’ experience working in Post-Modern, Modern British and Contemporary Art markets. Works sold include Zeng Chuanxing’s White Paper Bride-City in the Mist to a new collector from Dubai, two works by emerging RHED to both UK and Hong Kong-based collectors, as well as a major work by established British artist Pip Todd Warmoth – Into the Desert.
Pieces featured include John Hoyland’s monumental work Shutter 1976, Francis Bacon’s Seated Figure 1977, Frank Auerbach’s Study from the Studio 1986, Damien Hirst’s Minnie, Sean Scully’s Untitled 1980 and David Hockney’s Celia in a Pink Chemise 1973 along with a selection of works by Bridget Riley and Tracey Emin. As well as work by a recently discovered contemporary artist as is the case with RHED, whose solo show runs from 12th – 18th July at Tanya Baxter Contemporary’s Chelsea gallery, and work by established Asian artists including Zeng Chuanxing’s Red Paper Bride.
‘The smart money is in Modern British art. When you measure results against expectations, however, Modern British art is outperforming impressionism and modern art. Recent sales at Bonhams, Sotheby’s and Christie’s realised more than £57 million, with Christie’s making its highest ever total in the category.’ comments Colin Gleadell in Art Market Focus in the Daily Telegraph 26th June 2018.
With prices rising, artworks are now a solid asset for any portfolio, the importance of confident decisions about the investment and aesthetic qualities is vital. Records continue to be set at auction houses in 2018, including a new record for a David Hockney painting when Pacific Coast Highway and Santa Monica was bought for $28.5 million in early May.
Sotheby’s Contemporary Art sale on 26th June, 2018 made £110,239,500 and was led by Lucian Freud’s Portrait on White Cover which soared to £22.5 million; with three works by Jean-Michel Basquiat making £26.7 million, including Untitled that rose to £14.7 million. Other strong results include David Hockney’s Double East Yorkshire 1998 for £11.28million, Peter Doig’s Daytime Astronomy (Grasshopper) 1998-8 for £7.67million, Yves Klein’s Untitled Anthropometry 1962 for £6.77million, Francis Bacon’s Study of a Figure 1954 for £3.15million, Cecily Brown’s The Skin of our Teeth for £3.01million and Alexander Calder’s Untitled 1956 for £2.29 million.
Modern British Art sits in the 20th-century category alongside Impressionist and Postwar Art. The upturn and increased interest in British artists such as Hepworth, Riley, Auerbach, Moore and lately of Hoyland, Heath and Davie is widespread. They are becoming popular with both American and Asian collectors. Bridget Riley and Frank Auerbach, both in their late 80s are seeing the demand for their work follow similar trends to that of Freud and Hockney, who are already firmly established in America. Riley’s collector base is largely British and American although she continues to attract European and Asian collectors following her major 2008 retrospective at the Musée d’Art Moderne de la Ville de Paris. Her surge in popularity has also impacted her price; she recently set a new record at auction with the sale of Diagonal Curve for £4.3million at Christie’s London in 2016. Timothy Taylor’s recent Auerbach exhibition Landscapes & Portraits, the first in New York since 2006, follow this artist’s major retrospective at Tate Britain in 2015-6, further raising the artist’s profile.
Tanya Baxter Contemporary curate bespoke art collections for both international corporate and private collectors. As well as curating the collection in The Stafford Hotel in London, Tanya Baxter was also invited to become an exclusive partner at the Heathrow VIP Lounge in Terminal Five three years ago. The Heathrow VIP Lounge bespoke exhibition rotates regularly to offer clients the opportunity to enjoy museum-quality art in a personalised space, reserved for Royalty and the world’s elite.
Tanya and her team’s expertise of pieces available through private collections, other dealers, and artists themselves is undeniable. It is a track record of discretion and passion when matching the right piece for the client, that sets them apart.
Art fairs have become spaces where collectors begin the initial journey of advice by being drawn to show-stopping art on a stand and beginning a conversation with an art adviser. Works of art can be found using the knowledge and discretion of the dealer to enhance an existing collection or to curate one from scratch. Watch this space for investment opportunities.
Tanya Baxter commenting: ‘Works available by Modern British Masters currently offer collectors unparalleled investment opportunities and moving towards the prices seen with Impressionist and Post-War works. Now is the time to buy in this overlooked market, as Colin Gleadell has noted in his art market column. Other potential investments can be seen in the works of emerging and established contemporary artists. Whatever you buy, you have to have a passion for the piece.’
Notes to Editors:
Tanya Baxter Contemporary Art Advisory, based in London and Hong Kong, has built a reputation for showcasing some of the most exciting international contemporary art. Tanya Baxter Contemporary first opened its doors in 1995 in Hong Kong and in 1998 moved the showroom in London, in the heart of Chelsea. The Company returned to Hong Kong, opening a secondary space in 2016. Their art advisory service operates at the top end of the market, providing specialist services and personal curatorial services to prestigious private clients, corporations, foundations, private banks, and offices.
From 2005, the Company moved from their ten annual shows to participating more in international art fairs in Paris, New York, Monaco, Hong Kong and Singapore.
Tanya Baxter Contemporary has access to work in the secondary market from Modern British, Post War Modern and key 20th-century artists, including Warhol, Bacon, Schiele, Hoyland, Frost, Heath and Riley, many of which are new to the market. In addition, commissions can be arranged for clients from leading contemporary artists, including Gormley, Emin, Hirst, and Quinn. As well as investment opportunities with contemporary Asian, American and European artists, including Sacha Jafri.
Together with established international artists with whom the Company has worked for twenty years. These artists include Richard Allen, Russell Young, Pip Todd-Warmouth, Jean Philippe Duboscq, Benjamin Warner, Katarina Monnier, Hong Viet Dung, Revati Zhao Kailin, Ling Jian, Liu Fenghua, Min Wae Yung, Paul Hughes and Simon Allen amongst others.
Other exhibitions have been sponsored by Barclays Bank, First Pacific Group and Standard Chartered Bank at London’s Royal Academy, Saatchi Gallery, and Lancaster House. The Company also regularly partners interior designers and architects on international projects.
Tanya Baxter Contemporary:
436 Kings Road, London SW10 0PD
T: +44(0)20 7351 1367 / +44(0)7961 360 407
Unit 15, 10th Floor, Cheung Tak Industrial Building
No. 30 Wong Chuk Hang Road, Hong Kong
T: (852) 9550 8931 / +44 (0)7961 360 407
Russell Cassleton Elliott
T: +44(0)7808 403 963