What is Blue Chip Art?

April 12, 2019

Le Cirque No. 513 is an original lithograph by Marc Chagall

You’ve heard of Blue Chip Stocks, but are you familiar with Blue Chip Art? This term was inspired by the stock market and refers to any art that’s expected to increase in value, regardless of the general economic conditions.
This is not about how important the art is to a collector, museum or its place in history. It only refers to one thing and that is its resale value.
Place de la Concorde is an original lithograph by Bernard BuffetBlue Chip artists are masters whose art’s value has had consistent years of sales that have been confirmed at auction. The Artprice100 is an index that lists the 100 top performing artists at auction within the last 5 years. Some of the artists and their rankings for 2017 are: 1. Picasso, 16. Calder, 19. Miro, 23. Chagall, 52. Dali and 82. Buffet. This list is compiled once a year and can fluctuate depending on the art market. According to the Artprice’s Global Index, the average value of art has increased by 30% over the last 20 years.
The major reason to collect art is for the personal enjoyment of it. Still, it’s impossible to ignore the possibility of the potential return. 
Browse through our original art collections at Seaside Art Gallery! We are the largest private art gallery in the Southeast. There is always something new that arrives here. You are also welcome to check out our art in person. See you there!

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