A rising star in the contemporary art world, Angel Otero with 34 years of age and a 6 figures ($ 150,000) on a single piece gallery sale plus Kavi Gupta Gallery, Lehmann Maupin Gallery, Dozens of recorded sales at Christie’s Auction House and Sotheby’s Auction House behind his back. You can surely conclude that he is becoming a premium artist with such a young age, with his popularity steadily increasing over the last few years.
Is never and easy task to break the ice in the states as an artist, plus at the same time win a scholarship of $125,000 for your career, but once you start to study Angel Otero ‘s young career in comparison with his dear friend and artist Arnaldo Roche, you can start to understand that it took Roche almost 25 years into his career to achieve $200,000 at auction, mean while Otero with only 6 years into his career as an international artist was able to reach the $150,000 mark in 2015. This is a key point for any collector that starts thinking outside the box, and overviews what will happen in the next 10 years, from a standard investment point of view.
Let us be clear that an artist’s talent, quality, and originality is never measured by some past numbers at auction, especially in the case of Roche which can be considered a genius in his field, but nevertheless is a very important factor when evaluating any artist ranking since this is a well-known factor to measure the acceptance of any artist work in the primary and secondary markets.
Today the work of Angel Otero has reached higher prices than the legendary Olga Albizu strictly based on auction prices, while art.org writes that his work has surpassed more than $100,000 dollars on a single oil painting bought by the Istanbul Modern museum in 2015 at an art basel.
Angel Otero describes his process-based approach to painting, like creating “oil skins”. Which are made from paint poured onto plexiglass and peeled off in dry sheets. Then they are transferred to the artist canvas to create assemblage works composed of additional materials such as oil paint, gold leaf, resin, spray paint and silicone. The resulting works are simultaneously collage that present a dynamic, fresh approach to contemporary painting.
oil paint skins collage on canvas
160 by 183cm.; 63 by 72in. LOT SOLD. 27,500 GBP
Any reader that is interested in acquiring an investment piece should always analyze many factors but the end point of all art investment should be this: Love the piece, enjoy the piece, and always get a painting that truly steals your breath away. From an investment point analyze the following; With 34 years of age, museums around the world are willing to pay more than $100,000 dollars for a single painting, what do you think is going to happen to Otero’s prices in the next 5 years? Having said this there are many great Puerto Rican artist to invest like Francisco Rodon, Enoc Perez, Rafy Trelles, Angel Botello, Arnaldo Roche Rabell, Myrna Baez, Olga Albizu plus many more, the choice is yours. Walter Otero Gallery WOCA is one of the top 500 galleries in the world that can help you on your quest and Auction Houses like Christies or Sotheby’s are also very good alternatives to start your search. Thanks for Reading
Joey Medrano MD