George Condo, Women are Beautiful, 2024
Main reasons to invest
Return Potential📈: An investment of 500 EUR could reach an estimated value of 1,337 EUR in 5 years.
Cost-to-Return Ratio⚖️: With just 2.4% annual total costs (including exit fees), your net profit could be 21.7% per year.
Strong Potential 🌟: Investing in George Condo's painting combines cultural prestige with exceptional financial potential. With a strong track record in the market, annual growth projections of up to 23.7%, and rising global demand, his works are both timeless and lucrative. Thanks to institutional recognition, a consistent exhibition history, and a growing collector base, this investment offers not only significant returns but also the chance to own a masterpiece that defines contemporary art. Secure your share today.
Description
Valuation Summary 📝
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We verified the purchase price by analyzing recent gallery transactions.
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Our analysis shows that the price offered, including all fees, is highly competitive.
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To estimate the potential ROI, we used the annualized return of George Condo's paintings over the last 5 years.
Scenarios for Potential Return 📈:
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Conservative Scenario: Assumes the painting will grow at the rate of Swiss inflation, reflecting a defensive approach.
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Balanced Scenario: Assumes a 90% probability of an 8.8% annual return (CAGR of the past 4 years) for the next 5 years.
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Ambitious Scenario: Assumes a 100% probability of an 8.8% annual return (CAGR of the past 4 years) for the next 5 years.
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The 44% discount on this painting (compared to current gallery resale prices) enhances potential returns under both the balanced and ambitious scenarios.
Exit Options at Maturity 🚪
We will work closely with our expert OPERA GALLERY to manage the exit strategy for our investors, ensuring the best outcome based on market conditions at the time. Depending on the market, the painting will either be sold to a private collector or auctioned off. An auction will be considered if the price is right and there’s strong demand for the artist's work. We’ll carefully choose the option that offers the highest 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? 💎
Investing in George Condo's “Women Are Beautiful” presents a compelling opportunity, supported by notable market trends and statistics:
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Record-Breaking Sales: In April 2020, Condo's painting Antipodal Reunion sold for €1.225.200 during Sotheby's online auction, setting a record for the highest price achieved for a painting in an online sale at the time.
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Social Validation: Condo's art is part of prestigious collections, including MoMA and the Tate Modern. This institutional recognition elevates his reputation, increasing demand for his pieces in the secondary market.
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Strong Market Demand: George Condo is a globally recognized artist, represented by Hauser & Wirth, one of the most prestigious galleries in the world. His works consistently achieve significant auction results, with multi-figure pieces being among his most sought-after. Offering a primary acquisition opportunity at GBP 140,000, this artwork is priced below current gallery resale values (GBP 200,000–250,000), highlighting immediate upside potential.
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Rarity and Exclusivity: This unique crayon and wash on paperwork stands out due to its rarity and high demand. Since 2018, only four comparably sized works have gone to auction, all exceeding their high estimates. The scarcity of new works entering the market further strengthens this piece’s long-term value trajectory.
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Proven Returns and High Collectability: Over the past 4 years, George Condo's artworks have delivered a steady 8.8% annual growth, with rising demand from collectors. His regular appearances at top global exhibitions like Tate Modern and Venice Biennale confirm his importance in contemporary art. This strong market and institutional backing point to potential annual growth of over 20% during the investment period.
About the Artist 🎨️
For nearly four decades, Condo has redefined American painting with his visionary style, melding Old Master techniques with modern culture. From his early days in Andy Warhol’s Factory to museum walls worldwide, his journey is a testament to boundless creativity. Condo’s works, found in collections like MoMA and Tate Modern, remain some of the most coveted in contemporary art.
George Condo’s Women Are Beautiful, 2024 captivates with its surrealist charm and pop fusion—a bold celebration of his mastery in crafting multi-figure portraits. Known for blending beauty with chaos, Condo’s work is a dance between the grotesque and the divine, creating characters that evoke emotion, curiosity, and admiration.
To explore more about his world and legacy, visit Hauser&Wirth or Wikipedia.
Conclusion 🎯
“George Condo is an artist we admire a lot and, for me, one of the most iconic artists of our lifetime. We are fortunate to have placed so many with collectors around the world and I am sure Condo will have a place in Art History” Gilles Dyan, distinguished French art dealer and the founder and chairman of OPERA GALLERY.
Acquiring Women Are Beautiful aligns with positive market trends and offers the potential for significant appreciation and estimated annual net returns of 21.7%, making it a wise addition to an investment portfolio.
Expert
Founded in Singapore in 1994, Opera Gallery has forged, over its 30 years, a network of 16 galleries worldwide including London, Paris, New York, Geneva, Hong Kong, and Seoul, establishing itself as one of the leading global players within the international art market. Headed by Gilles Dyan, Opera Gallery specialises in post-war French art, and in Modern and Contemporary European, American, and Asian art. In addition, the gallery represents international emerging artists such as Andy Denzler, Anthony James and Gustavo Nazareno. and more established contemporary artists such as Ron Arad, Manolo Valdés, and Anselm Reyle.
