The Increasingly Global Market for Derrick Adams’s Images of Black Joy

[ad_1]

Adams’s collector base is extremely broad, according to Lauria, ranging from established, older American collectors to younger European, Asian, and American clients just getting started. “This market isn’t driven by speculation,” she added. “Beyond institutional support, there is a strong international following.”

Further proof of his rising market strength and worldwide appeal came last month at a Phillips day sale in London, when Interior Life (Figure 13) (2019), a work on paper with an estimate of £6,000 to £8,000 ($8,300–$11,000), sparked competitive online bidding from collectors in the U.S., Europe, Taiwan, China, and Korea, ultimately selling for £25,200 (over $34,700). The hot streak seems likely to continue on May 14th, when They All Want Cake (2014) from his “Live and in Color” series will be offered at Christie’s post-war and contemporary art day sale in New York with an estimate of $30,000 to $50,000.

[ad_2]

Read More:The Increasingly Global Market for Derrick Adams’s Images of Black Joy