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David Hockney, 16th March 2021, Tulips in Cut Glass

Asset value
101.362 €
Issue price per Splint
50 €
Total number of Splints
1.812
Investment horizon in years
2 to 4
Return-to-Risk Assessment
8/10
Since launch April ‘24
+11.9%

Main reasons to invest

  • Return Potential📈: An investment of 500 EUR is projected to be worth approximately 882 EUR in 4 years.

  • Cost-to-Return Ratio⚖️: With just 2.5% annual total costs (including exit fees), your net profit could be 15.2% per year.

  • Cross-Generational Appreciation🖼️: Regardless of age, Hockney is a fan favourite. At 86 years old, his artistic production will inevitably slow down, decreasing the number of pieces available and driving up costs.

Description

"Considered one of the most iconic painters living and still creating today, David Hockney's oeuvre is characterised by a joyful radiance, with bright pop colours utilised to depict domestic and architectural landscapes, as well as portraits of friends and lovers. " - James Kerbey, Expert at Maddox Advisory.

Who is David Hockney?
Born July 9, 1937, Bradford, Yorkshire, England. Is one of the most influential British artists of the 20th and 21st centuries, known for his versatility across various mediums including painting, printmaking, photography, and stage design. He studied at the Bradford College of Art (1953–57) and the Royal College of Art, London (1959–62), where he received a gold medal in the graduate competition and rose to prominence in the 1960s as a leading figure in the British Pop Art movement.

Exploration
Much of Hockney’s subject matter was autobiographical, including portraits and self-portraits and quiet incidental scenes of his friends and his quarters. The casual elegance and tranquil luminosity of these pieces also predominated in his still lifes.
Hockney’s exploration of photography in the 1970s resulted in creating photo collages known as "joiners" or "photomontages", these works, composed of multiple photographs stitched together, offered a unique perspective on the passage of time and space.. He published several series of graphic works in book form, including illustrations for Six Fairy Tales of the Brothers Grimm (1970) and The Blue Guitar (1977). Hockney also achieved international prominence as a stage-set designer for the opera and ballet.

Interest in new technologies
In 2010, David Hockney visited Yosemite National Park with a new Apple invention: the iPad. He was one of the first to recognize the device's potential as an artistic tool and used it to create the 26-piece Yosemite Suite while in the park. This demonstrated Hockney's status as a modern-era artist and established a unique and pioneering aesthetic in the Yosemite Valley. To this day, he remains a staunch advocate of technology as a tool in art.

Popularity at auctions
Hockney's autions market is the thrid largest among Pop Art founders, demostrated by the 2022 Phillips aution in London where 12 of hi works were sold, with 11 of them surpassing their high estimates by an impressive average of 30%. Another piece from "The Yosemite Suite" series achived exceptional results, selling for 182% above it's low estimate, securing its place as the fifth most expensive Hockney print to date. This year's autions activity reflects Hockney's enduring popularity, with an impressive 68.5% of his artworks offered auction surpassing their estimates.In his long career David has archived 360 Solo exhibitions since 1964, 1,163 group exhibitions since 1960 and is present in 72 Museum collections.
On 15 November 2018, Hockney's 1972 work Portrait of an Artist (Pool with Two Figures) sold at Christie's auction house in New York City for $90 million, It broke the previous record and becoming the most expensive artwork by a living artist sold at auction.

About "16th March 2021, Tulips in Cut Glass"
Created in 2021, created during a period of global uncertainty and isolation, reflects Hockney's own experience of finding solace and beauty in the everyday objects and moments of domestic life.
The piece captures a vibrant still life scene of tulips arranged in a cut glass vase. Hockney's use of bold, vivid colors and loose, gestural brushwork gives the painting a sense of liveliness and spontaneity. The tulips, rendered with energetic strokes, seem to burst forth from the vase, filling the composition with a sense of vitality and joy.


Expert

Maddox Advisory

The art investment advisors of Maddox bring together years of specialist knowledge and practical experience with objective market analysis to offer their clients quality advice and consistent returns.
 

Additional details

Asset ID
0d16914b-8009-4d0f-a296-af8695514df7
Name
16th March 2021, Tulips in Cut Glass
Artist
David Hockney
Publication year
2021
Size
88.9 x 63.5 cm.
Number of editions
50
Editionnumber
36 of 50
Signature
Signed bottom right
Material
iPad painting printed on paper

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