Albert Willem, Roger loves cycling in candy land, 2023
Main reasons to invest
Outstanding Auction Performance: At the latest auction in June 2023, the hammer price soared above 17 times the appraised value, signaling significant market interest and the potential for remarkable returns on investment.
Strong Market Demand and Appreciation: The average auction price for paintings by Albert Willem in 2023 stands at 73,706 EUR, with the highest auction result surpassing 215,000 EUR. This indicates robust market demand and the potential for the painting's value.
Favorable Return and Reasonable Costs: This investment offers an impressive yearly potential return of +16.5% over 4 years, with relatively low annual costs of approximately 2.7%.
Description
Who is Albert Willem:
Albert Willem, born 1979, is a contemporary figurative artist from Brussels known for his naïve-style paintings full of wit and humor. He often paints in acrylics on canvas and depicts everyday life in a light-hearted yet ironic manner, often avoiding more complex themes. His works often show humorous moments in everyday life, such as people fighting at a wedding or an infinite conga line. He draws on humor to cope with his past and present fears, including fear of dance floors. His painting style is heavily influenced by the likes of LS Lowry, James Ensor, and Breugel the Elder, incorporating a sense of normalcy and primitivism while bringing a 21st-century twist. Willem has exhibited his works in Germany, Russia, and Belgium.
The rise of a star:
Albert Willem's rise to fame has been nothing short of remarkable. Even he himself was surprised by his success, remarking to Artnet News, "This being the 21st century, a lot of crazy things happen in the world. I guess this is just another." His debut painting Pilgrim Street 8 (2021), which had an estimate of $8,000 to $12,000, sold for an astounding $69,000. Of the 14 works that sold at auctionin 2022, half have sold for more than $150,000, despite having estimates in the range of $10,000 to $15,000.
Expert
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.
