Keith Haring, Subway-Drawing (Untitled 1), 1984
Main reasons to invest
Return Potential📈: An investment of 500 EUR is projected to be worth approximately 813 EUR in 4 years.
Cost-to-Return Ratio⚖️: With just 2.5% annual total costs (including exit fees), your net profit could be an impressive 12.9% per year.
Unique historical significance and rarity 🚇: These artworks, created between 1980 and 1985, not only transformed the New York City subway system into an innovative artistic canvas but also offer a limited supply, making them highly sought-after and valuable collectibles with a proven track record of substantial price appreciation.
Description
⚠️New: We now provide you with the option to repurchase your splints at market value anytime. Please note that an additional processing fee will apply. The processing fee varies based on the volume, investment, and your holding duration. Use the contact form to initiate the process.
Why Keith Haring?
Historical and Cultural Significance
Haring's artwork is not just aesthetically appealing, but it also holds significant historical and cultural value. His work is closely tied to the 1980s New York City art scene, the AIDS crisis, and social activism, making it a valuable reflection of its time.
Unique Style and Innovation
Haring's distinctive style, characterized by bold lines, bright colors, and iconic symbols, sets his work apart. His innovative approach to art continues to captivate collectors and enthusiasts.
Limited Supply
Haring's untimely death in 1990 means that there is a limited supply of his original artworks. This scarcity can drive up demand and prices.
Proven Investment Track Record
Over the years, Haring's artwork has consistently appreciated in value, making it an attractive investment option. Some pieces have sold for millions of dollars at auction.
Global Appeal
Haring's art transcends borders and has international appeal. This broad market can be advantageous for investors looking to diversify their art portfolio.
Why invest in a Subway Drawing?
Historical Significance
Subway drawings hold a special place in Haring's body of work as they represent his early artistic development and the beginnings of his public art career. They are a tangible piece of New York City's cultural history from the 1980s.
Limited Availability
The majority of Haring's subway drawings were created directly in New York City's underground stations and were not meant to be preserved. As a result, only a small fraction of these drawings survived, making them exceedingly rare and collectible. This rarity made them highly sought-after, escalating prices from f5,000 - f8,000 in 1996 to a record $1,157,317 at Christie's New York in 2019.
Authenticity and Provenance
Subway drawings come with a strong provenance, often with documented details about their creation, location, and the artist's intent. This can enhance their value and appeal to collectors.
Historical Context
Owning a subway drawing allows collectors to connect with a unique aspect of Haring's career and the urban environment that inspired him. It provides insight into the artist's early influences and creative evolution.
Potential for Appreciation
As with other Haring artworks, subway drawings have shown a propensity to appreciate in value over time. Their rarity and historical importance can make them attractive to both art enthusiasts and investors.
Cultural and Artistic Value
Subway drawings represent a form of "street art" that captures the energy, vibrancy, and social commentary of New York City during the 1980s. They hold cultural and artistic value beyond their monetary worth.
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.
