Forget seeing a decent return for an investment in an overpriced Irma Stern detailing the intricacies of some old flowers. Investors should look to the following artists to get in there before the herd discovers there’s some serious talent in this country:
According to Stefan Hundt, a curator and head of Sanlam Private Investments Art Advisory service, this predominantly sketch and print artist is so affordable, her work is bordering on the underpriced. “She’s expertly productive and draws exceptionally well,” he says. Compare many of her works that can be bought for under R10 000 to a William Kentridge sketch which recently sold for R700 000. “Her work will grow in value as people start to realise what she’s worth,” he says.
Sculptor Wim Botha’s pieces have steadily increased in value as his skills matured and investors realised that he’s going places. “He’s not cheap now, but the moment he’s recognised internationally, which is imminent, his prices will go through the roof,” says Hundt. Hundt reckons investors should look for artists who have been around for the last 10 to 15 years and have survived in the industry. “The risk that these artists will disappear is small,” he says.
This sculptor and sketch artist is another investment worth a bet. “He’s an astute thinker, there’s thinking behind his work, and you can still get his work for under R30 000,” says Hundt. Marx, Botha and Victor have all built their profiles over the years without generating huge amounts of cash from their work, according to Hundt.
He also suggests Lawrence Lemaoana, Johann Louw, and Kenneth Bakker if you’re looking for an investment case. These artists’ work is also easily available – no year-long waiting lists here.
I’m not surprised to see Diane Victor make this list. Her art is beautiful, and very affordable. I’d love to be able to pick up a piece as an investment option.