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Albert Willem, Part 2, Cruising Magic Land (5), 2023

Asset value
63,073 €
Issue price per Splint
62.88 €
Total number of Splints
1,003
Investment horizon in years
2 to 4
Return-to-Risk Assessment
7/10
Since launch April ‘24
+25.8%

Main reasons to invest

  • Return Potential📈: An investment of 500 EUR is projected to be worth approximately 970 EUR in 4 years.

  • Cost-to-Return Ratio⚖️: With just 2.7% annual total costs (including exit fees), your net profit could be an impressive 18.0% per year.

  • Auction Prices 🔨: Albert Willem has emerged as a rising star in the art market, with his works fetching an average selling price over the last 36 months that is +509% higher than estimated.

Description

"Albert Willem is a Belgian artist who started painting at 36 and quickly established himself on lnstagram. His work broke out onto the auction market in May 2022 and rapidly peaked at $213,955 by the end of the Spring. In January 2023, a bidder pushed the artist's record to $295,219 at Sotheby's with The mountain air provided a pleasant atmosphere." - James Kerbey, Expert at Maddox Advisory

Why investing in Albert Willem?
Born in Belgium in 1979, is a contemporary artist renowned for his whimsical and clever paintings characterized by a simplistic style. Despite lacking formal art training, he immersed himself in the art world by frequenting galleries, museums, and engaging with art on social media platforms. While displaying early drawing talent during childhood, he paused his artistic pursuits between ages 12 and 36 due to academic commitments and family obligations. However, approximately four years ago, Willem reignited his passion for art and began creating paintings to embellish his own living space. Finding fulfillment in the creative process, he has since dedicated all his spare time to painting, describing his return to art as a "midlife crisis."

Artistic Approach
Over time, Willem has experimented with various mediums and techniques, including nail polish, spray paint, and textile art. Presently, he primarily utilizes acrylic paint with a high gloss varnish to achieve vivid colors. While most of his works are on canvas, he also repurposes cardboard from online purchases as unconventional canvases. His artistic process is swift, often completing paintings within 48 hours.

Painting Themes
Willem's paintings are marked by their simplicity and occasional lack of refinement, showcasing his basic technical skills while capturing the unfiltered energy of an artist free from traditional constraints. Depicting everyday life in a light-hearted and ironic manner, his works frequently feature humorous scenes, such as people quarreling at weddings or engaging in endless conga lines. Drawing on humor to address past and present anxieties, Willem's style is influenced by artists like LS Lowry, James Ensor, and Breugel the Elder, blending elements of normalcy and primitivism with a modern twist. His artworks have been exhibited internationally, including in Germany, Russia, and his native Belgium.

Rising Recognition
Willem attributes much of his artistic development to social media, where he dedicates hours each day to observing and learning from fellow artists. He believes that exposure to diverse art continuously shapes and evolves his own style. Despite starting from humble beginnings, Willem's ascent to fame has been extraordinary, with his artworks consistently fetching prices far exceeding initial estimates at auctions. His record-breaking sale at Sotheby's Hong Kong exemplifies the soaring demand for his art, with one piece selling for $225,000, well beyond its projected value. Of the 14 works sold at auction in 2022, half earned over $150,000 each, surpassing conservative estimates.


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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
43ba8766-3b62-473a-9aad-1f26bc5647e6
Name
Cruising Magic Land (5)
Artist
Albert Willem
Publication year
2023
Size
110 x 150 cm
Number of editions
Unique
Signature
Yes, bottom left
Material
Acryl sur toile de lin

Documents

Aurelio Image CEO

Aurelio

CEO & Co-Founder