Reasons to Invest in Tyler Shields
Reasons to Invest in Tyler Shields
The Investment Potential of Contemporary Art
Apart from the truly extraordinary occasions – as in March 2013 when Picasso’s Le Rêve sold privately for $155 million to become the world’s 4th most expensive painting ever - it is contemporary art that usually dominates art world headlines. And while contemporary art is an acknowledged volatile market, it is also one with the highest potential for ROI. So, when a precocious talent like Tyler Shields breaks through, immediately setting the contemporary art world abuzz, investors are certain to carefully monitor how the value of his artworks appreciate.
The Irresistible Appeal of Tyler Shields
There are various solid reasons why it is currently wise to invest in the art being created by this irresistible and ever-evolving talent. Most importantly, in just thirty-six months, 60” x 40” Tyler Shields prints, produced in limited editions of three, have appreciated in value by an incredible 900 percent. Prices have been kept level for recent shows, but as demand is so high they look likely to substantially increase in 2014. Secondly, as proven by the amazing sale of Shields’ beautiful Leap of Faith to actor Scott Patterson for 500,000 US dollars, single works can fetch remarkable sums. The money Shields received for that photograph will fund his debut feature film, Outlaw, as the artist continues to spread his creative wings – a branching out that is in itself a further reason to invest in Shields’ unique talents.
Controversy Sells!
That Shields is a controversial figure only weighs in an investor’s favour. Controversy sells, and can sell big: if a brand new single (or its video) is for some reason banned from the airwaves, human nature dictates that demand will increase and propel it up the charts. This has happened many times and will happen many more. As a result of Shields’ more provocative work – like the startling ‘Birkin Series,’ for which a $100,000 Hèrmes Birkin bag was destroyed – his stock as a vital contemporary artist has only risen and gained him considerable further notoriety. Consequently, 60” x 40” prints of the series have sold at London’s Imitate Gallery for a dizzying £60,000 apiece.
The Hipness Factor
The hipness factor should also not be overlooked. Shields is an associate, or friend, and photographer of many of Hollywood’s coolest rising stars. His images of such as Emma Roberts, Lydia Hearst, Juno Temple, Heather Morris and Alexander Ludwig are widely known, as is his envelope-pushing photographic work with Mischa Barton and wild child Lindsay Lohan. Operating in an über-cool arena, Shields possesses unique vision and the knack of pushing buttons - qualities worth investing in.
Tyler Shields’ next unmissable show at the Imitate Modern Gallery is one of the most hotly anticipated London art events of the year. Investors are already lining up to stake their claims on the prints to be exhibited at Submerged, so for an opportunity to invest in a piece by this hot new talent.
