Art investment is like any other investment a serious matter. To make it easier for all to navigate our site, we feel that a break up in price will help your search. Thus, we will enter names in each price bracket that will help you to search and make wise decisions when investing in any artist.
Always bear in mind that art is not like shares. One piece of art is much more valuable than others depending on quality, size, date, provenance, exhibitions, literature and others factors.
Art between 500-2000 pounds plus
Art up to 5,000 pounds plus
Art up to 10,000 pounds plus
Art up to 20,000 pounds plus
Art up to 30,000 pounds plus
Art up to 50,0000 pounds plus
Artists of 1900-1950
The artists in this category and of the first half of the century are all well known and well established. All are of course dead and so rarity, quality and auction market trends are important and should be considered. No need to mention the major names of Maleas, Jacobides, Parthenis, Nicos Lytras, Hatzis, Galanis, Ghika, Tsarouhis and others. We will only recommend twelve names one should look into as possible investment names because at this moment and time they are undervalued and their potential is much better than others.
We expect the work of these artists to appreciate by about 5-8% annually.
Thalia Flora- Karavia
The artists above can be bought for up to 10,000 for really attractive pieces of theirs. The norm is around the 10,000 but that can come lower to 5,000 at times of need to sell, times of difficult markets and other circumstances. Luck might be with you too and it always plays a role in any purchase or selling market.
Our advice is generally as follows; Buy the best, buy the good size and buy the subject that you like and it is sought after. Invest for the long run without overstretching yourself. It might be the case that you will be so attached to a work of art which you never sell after all.
Artists 1950 –2000
The artists born between 1920 to 1940 are the ones we feel have the most potential and the market is still fluid enough to offer opportunities for investment at low prices. The potential is huge and we believe that these are the years one should look carefully into. Of course we do not mention the blue chips of the period like Fassianos, Tsingos, Engonopoulos, Kessanlis, Kontopoulos, Spyropoulos, Moralis and others.
The artists we believe have the most potential with some of them already dead are the following:
Leon Kalogeropoulos ( 1928 – 2002)
Yiannis Papanelopoulos ( 1936 – )
Dimitirs Mytaras (1934 – )
Pavlos Dionysopoulos ( 1930 – )
Vasilis Zenetzis ( 1935 - )
George Mavroides ( 1912- 2003)
Vasilis Speranzas ( 1938 - )
Dimitirs Geros ( 1948 - )
George Derpapas ( 1937 – )
Costas Tsoclis ( 1930 – )
Costas Koulentianos ( 1918 – 1995 )
Christos Karras ( 1930 – )
Manolis Kalyyiannis ( 1926 – )
Paris Prekas ( 1926- 1999)
The list above is arbitrary and is based on our subjective taste towards the work of the artists, their popularity at auction and galleries and the future worth of their works depending on subject and art trends. One should never forget ratio of purchase and possible sale margins. All the above artists sell at auction from 1,000 to 50,000 pounds and the trend is upwards. However, there are still many opportunities to acquire the work of these artists for much less than current auction prices from private sources, small auctions and small galleries. These are the artists we see as the best investment period because their work is still finding its price range and many works are all over the world unrecognised as serious investments by owners.
Topographical, marine and figurative paintings are always in demand. The three categories should be considered paramount by all art buyers because they represent value for money.
Artist in this category are expected to appreciate by about 7-10 % annually.
Contemporary/ Modern Artists ( 1980 – 2009)
Artists born in the 1940s and later and still working today are considered contemporary. They are still making their names known, the auctions are slowly and gradually adopting their art and their prices are steadily rising. Among them there are artists who can be acquired for as little as 1,000 pounds/ Euros or 10,000 plus. The decision is upon the investors liking, style of work and financial commitment to art.
One thing is absolutely sure! When one invests in the low hundreds/thousands the rewards/returns tend to be much bigger. We estimate a minimum 10% improvement of prices in these artists year on year. Historically and over the last twenty years the returns were roughly about 8% annually on many artists, whereas the whole market moved dramatically forward and close to 1000% in the last ten years.
Buy art and feel that “ I bought value for money”. Buy art you like, art that speaks to you and art that will stand the test of time in areas such as medium, style, subject, size. Name should come last and only once you have chosen a painting because you liked it and not because it was signed by ex – person.
Some of the contemporary artists we advise are:
Yiannis Koutrikas ( 1954 – )
Irene Iliopoulou ( 1950 - )
Andreas Karagian ( 1943 – )
Kyriacos Katzourakis ( 1944 – )
Pavlos Kougioumztsis ( 1945 - )
Pavlos Samios ( 1948 - )
Opy Zouni ( 1941 – )
Angelos Razis ( 1943 - )
Yiannis Paleologos ( 1957 – )
Vaggelis Rinas ( 1966- )
Antonis Andreadis ( 1948 – )
Vasilis Mastoras ( 1952 – )
Yiannis Vakirtzis ( 1952- )
Theodore Pantaleon ( 1945 – )
Angelos Papadopoulos (1953 – )
Mihalis Giorgas ( 1947 – )
Chris The Greek
Contemporary art is the most difficult area to invest in as artists become big names because of financial support rather than quality and talent and then they disappear because the support is withdrawn. Caution is very much in demand here. The basic and fundamentals of buying art should be adhered to in the case of these artists:
a. Is there value for money?
b. Does the artist sell in galleries and auctions?
c. Does the work appeal to you and will it sit well at home with you and the family?
d. Is it less expensive than similar pieces of established names and by a good figure?
e. Does the work speak to a very wide audience and obvious work and artistic talent is evident?
If the price is appealing, if the subject is appealing then negotiate the price and buy at the lowest possible price. You must be a winner!
Cypriot Artists of The Twentieth and Twenty-first Centuries
We apologise for our inability to include many talented artists from Cyprus, who have not made it to the auction rooms yet.
Victor Ioannides ( 1903 – 1984)
Stelios Votsis ( 1929 - )
Andreas Asproftas ( 1919- 2004)
Stelios Orphanides ( 1918-1992)
Ioannis Kissonergis ( 1889 – 1963 )
Telemahos Kanthos ( 1910 1993 )
Lefteris Economou ( 1930 –2007 )
Harilaos Dikeos ( 1912- )
Solomos Frangoulides ( 1902 – 1981)
George Paul Georgiou ( 1901- 1972 )
Xanthos Hadgisoteriou ( 1920 – 2003)
Kyriacos M. Kasialos ( 1931- )
Mikis Phinikarides ( 1940 – 2005)
Nikos Kouroushis ( 1937 – )
George Skoteinos ( 1937 – )
Andreas Ladommados ( 1940 – )
Dimitris Mihlis ( 1954 – )
Andreas Chrysohoos ( 1928 – )
Stas Paraskos ( 1933 – )
Andreas Karagian ( 1943- )
Fotos Hadjisotiriou ( 1919 – 2004)
Diamandis Diamandis ( 1900- 1994 )
Andreas Charalabides ( 1939 - )
The Cypriot artists appeal to local investors. There is potential in the market but one has to have a wider spectrum in collecting.
We apologise to all contemporary Greek artists working all over the world, whose names we fail to mention. Our lists will be supplemented contineuously.