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David Hockney, Untitled No. 516, 2010
Asset value
48.691,5 €
Issue price per Splint
50 €
Total number of Splints
940
Investment horizon in years
1 to 3
Return-to-Risk Assessment
8/10
Since launch March ‘25
+3.6%
Main reasons to invest
Return Potential📈: An investment of 500 EUR could reach an estimated value of 767 EUR in 3 years.
Cost-to-Return Ratio⚖️: After deducting 1.8% in annual total costs (including exit fees), your net return could reach 17.2% per year.
A Timeless Masterpiece of Innovation 🚀: Hockney’s work is more than art; it is a revolution of perspective and technology. This piece embodies his transition into digital artistry, marking a defining moment in his career. By owning it, you are not just acquiring a beautiful work of art—you are becoming part of history. Art is emotion, and this is a piece that speaks to the soul.
Description
Valuation Summary 📝
To ensure the competitiveness of the investment, we conducted a thorough verification of the purchase price by analyzing recent private market and auction transactions. Our analysis confirmed that the price offered, inclusive of all associated fees, is highly competitive. To estimate the potential ROI, we used the annualized price increases of this print at auctions over the past 7 years. For our conservative scenario, we assumed the value of the print would grow at the rate of Swiss inflation, reflecting a defensive approach. In the balanced scenario, we assume an 100% probability of realizing an 18.7% (CAGR of the past 7 years at auction) annual return for the next 3 years. Finally, in the ambitious scenario, we assume a 120% probability of realizing an 18.7% (CAGR of the past 7 years at auction) annual return for the next 3 years.
Exit Options at Maturity 🚪
We will manage the exit strategy in collaboration with our expert ZURANI on behalf of our investors, ensuring the best possible outcome based on market conditions at the time. Depending on the prevailing market situation, the asset will be sold to a private collector or offered as single lots at an auction for contemporary art. An auction is considered if the price has developed to the point where the minimum bid matches the market value and there is high demand for works by the artist. Both options are carefully considered, and we will choose the one that maximizes the return for our investors.
Why Invest in This Category? 🎨
For centuries, art was collected for its cultural, emotional, intellectual, political, and economic value. Investing in a mid-career artist offers a mix of financial potential and personal satisfaction, making it an appealing option for both new and seasoned collectors.
Why Invest in This Asset? 💎
David Hockney is not just an artist; he is a pioneer who constantly reinvents himself. From his early Pop Art influences to his mastery of landscapes and digital art, he continues to push creative boundaries. This artwork—part of his iPad drawing series—marks a significant moment in his career where he embraced technology as a new artistic medium.
Hockney’s ability to capture everyday moments with simplicity yet emotional depth makes his works timeless. "Untitled No. 516" is a quintessential Hockney piece, demonstrating his eye for composition, color, and movement. It is also part of an exclusive edition of 250, making it a sought-after collector's item. The artist’s signature adds further authentication and value to the piece.
Additionally, Hockney's museum presence and continued critical acclaim ensure that his works remain in demand. His exhibitions at Tate, the Pompidou, and The Met reinforce his institutional recognition, a key factor in the valuation of blue-chip art. Over the past decade, his works have appreciated significantly, with notable auction results—including a record-breaking $90.3 million sale for Portrait of an Artist (Pool with Two Figures).
This artwork is particularly relevant in today's art market, where digital and traditional techniques are merging. Hockney’s transition into digital media was ahead of its time, and his iPad drawings have gained increasing recognition. Owning a piece from this groundbreaking period is like owning a chapter of art history. Given the high price appreciation of his works and his growing legacy, this artwork presents a compelling opportunity for collectors.
Context in Time ⏳
When Hockney embraced the iPad as an artistic tool in 2010, he redefined the boundaries between traditional and digital art. This period coincided with the rise of NFTs, digital installations, and tech-driven creativity, further cementing Hockney’s role as a visionary. While other artists struggled to adapt, Hockney proved that technology could enhance artistic expression rather than replace it. This artwork represents that pivotal moment in art history, bridging past and future.
Conclusion 🎯
David Hockney’s limited-edition print stands at the intersection of innovation and tradition, making it a compelling addition to any collection. With strong demand and a competitive purchase price, the asset offers both short-term liquidity and long-term value appreciation. Given the historical performance and institutional recognition, this investment presents a strategic opportunity for attractive returns in the contemporary art market.
To ensure the competitiveness of the investment, we conducted a thorough verification of the purchase price by analyzing recent private market and auction transactions. Our analysis confirmed that the price offered, inclusive of all associated fees, is highly competitive. To estimate the potential ROI, we used the annualized price increases of this print at auctions over the past 7 years. For our conservative scenario, we assumed the value of the print would grow at the rate of Swiss inflation, reflecting a defensive approach. In the balanced scenario, we assume an 100% probability of realizing an 18.7% (CAGR of the past 7 years at auction) annual return for the next 3 years. Finally, in the ambitious scenario, we assume a 120% probability of realizing an 18.7% (CAGR of the past 7 years at auction) annual return for the next 3 years.
Exit Options at Maturity 🚪
We will manage the exit strategy in collaboration with our expert ZURANI on behalf of our investors, ensuring the best possible outcome based on market conditions at the time. Depending on the prevailing market situation, the asset will be sold to a private collector or offered as single lots at an auction for contemporary art. An auction is considered if the price has developed to the point where the minimum bid matches the market value and there is high demand for works by the artist. Both options are carefully considered, and we will choose the one that maximizes the return for our investors.
Why Invest in This Category? 🎨
For centuries, art was collected for its cultural, emotional, intellectual, political, and economic value. Investing in a mid-career artist offers a mix of financial potential and personal satisfaction, making it an appealing option for both new and seasoned collectors.
Why Invest in This Asset? 💎
David Hockney is not just an artist; he is a pioneer who constantly reinvents himself. From his early Pop Art influences to his mastery of landscapes and digital art, he continues to push creative boundaries. This artwork—part of his iPad drawing series—marks a significant moment in his career where he embraced technology as a new artistic medium.
Hockney’s ability to capture everyday moments with simplicity yet emotional depth makes his works timeless. "Untitled No. 516" is a quintessential Hockney piece, demonstrating his eye for composition, color, and movement. It is also part of an exclusive edition of 250, making it a sought-after collector's item. The artist’s signature adds further authentication and value to the piece.
Additionally, Hockney's museum presence and continued critical acclaim ensure that his works remain in demand. His exhibitions at Tate, the Pompidou, and The Met reinforce his institutional recognition, a key factor in the valuation of blue-chip art. Over the past decade, his works have appreciated significantly, with notable auction results—including a record-breaking $90.3 million sale for Portrait of an Artist (Pool with Two Figures).
This artwork is particularly relevant in today's art market, where digital and traditional techniques are merging. Hockney’s transition into digital media was ahead of its time, and his iPad drawings have gained increasing recognition. Owning a piece from this groundbreaking period is like owning a chapter of art history. Given the high price appreciation of his works and his growing legacy, this artwork presents a compelling opportunity for collectors.
Context in Time ⏳
When Hockney embraced the iPad as an artistic tool in 2010, he redefined the boundaries between traditional and digital art. This period coincided with the rise of NFTs, digital installations, and tech-driven creativity, further cementing Hockney’s role as a visionary. While other artists struggled to adapt, Hockney proved that technology could enhance artistic expression rather than replace it. This artwork represents that pivotal moment in art history, bridging past and future.
Conclusion 🎯
David Hockney’s limited-edition print stands at the intersection of innovation and tradition, making it a compelling addition to any collection. With strong demand and a competitive purchase price, the asset offers both short-term liquidity and long-term value appreciation. Given the historical performance and institutional recognition, this investment presents a strategic opportunity for attractive returns in the contemporary art market.
Expert
Zurani - Art Asset Management
Zurani caters to the distinct needs of family offices, wealth managers, and UHNWIs implementing investment strategies in the art market. Our expertise lies in assisting investors in navigating the global art market and optimising their portfolios. Our core services include market analysis, acquisitions, advisory services, portfolio management, risk management and estate planning. We educate partners on the opportunities and challenges of art as an asset class. Our approach is centred on understanding each partner's unique needs and providing tailored solutions accordingly.
Additional details
Asset ID
4a79cc5b-7342-44d8-9be2-11389fdf3b08
Name
Untitled No. 516, from: A Bigger Book: Art Edition D
Artist
David Hockney
Publication year
2010
Size
56 x 43.3 cm
Number of editions
edition 113 of 250
Print-Style
Inkjet print in colours
Signature
signed in pencil, dated, numbered from 250, with the Artist's blind stamp, co-published by the Artist and Taschen, Berlin
