Katherine Bernhardt, Pepsi, 2019
Main reasons to invest
Return Potentialš: An investment of 500 EUR could reach an estimated value of 1,317 EUR in 4 years.
Cost-to-Return Ratioāļø: With just 3.0% annual total costs (including exit fees), your net profit could be 27.4% per year.
Pop Culture Meets Power šØ: Investing in Pepsi means owning a slice of contemporary pop history. Bernhardtās exuberant canvases arenāt just artworksātheyāre conversations. Bursting with color, energy, and cultural nostalgia, her pieces evoke joy, critique, and immediacy. For collectors, this is more than an assetāit's an emotional connection to the pulse of modern visual culture.
Description
1. Exceptional Entry Point with Valuation Upside
Acquired at ā¬110,000, this large-format Pink Panther painting trades at a 53% discount to primary market prices. Comparable works have sold for up to ā¬229k. With strong provenance (Frieze London 2019) and a wide valuation gap, the entry offers high upside potential with modeled CAGR of 27.4%.
2. Blue-Chip Artist with Global Demand
Katherine Bernhardt is represented by David Zwirner and featured in major collections (Rubell, Brant). Her signature Pink Panther works drive top auction resultsāup to ā¬372kāconfirming collector demand. With strong institutional support and pop-cultural relevance, liquidity and long-term interest remain robust.
3. Modeled Returns with Attractive Risk Profile
4-year projections show:
Balanced Scenario ā ā¬314,700k (27.4% CAGR net)
Ambitious Scanario ā ā¬414,100 (36.4% CAGR net)
Net expected return: 27.4% p.a.
Sharpe Ratio: 0.72, stress-tested with 40.2% volatility.
We will manage the exit strategy in collaboration with our expert Opera Gallery on behalf of our investors, ensuring the best possible outcome based on market conditions at the time. Depending on the prevailing market situation, the paintings 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.
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.
Pepsi is a vibrant and large-scale canvas by Katherine Bernhardt, a leading figure in contemporary American painting. Measuring 243.8 x 304.8 cm, this unique piece was created in 2019 and exhibited at Frieze London with Xavier Hufkens, marking it as an artwork with both institutional and market significance. Known for her bold compositions and pop culture references, Bernhardt's paintingsāespecially her iconic Pink Panther seriesāhave seen a surge in collector demand, with consistent appearances in prestigious auctions and major museum collections.
This work is a true representation of her signature style: energetic, intuitive, and visually electric. It merges consumer culture with painterly expression, reflecting a postmodern commentary that resonates with collectors and curators alike. Notably, of the top 20 auction results for the artist, 14 are Pink Panther-themed paintingsāconfirming the sustained desirability of this subject.
With a compelling blend of historical exhibition, collector appeal, and market momentum, Pepsi offers not only cultural capital but also a strong potential for near-term capital appreciation.
Katherine Bernhardt's rise coincides with the art marketās broader embrace of bold, culturally resonant, and accessible narratives. As institutions focus on female voices and contemporary pop symbolism, Bernhardtās workāfusing cartoons, brands, and painterly immediacyāfeels perfectly timed. Her current museum exhibition with Jeremy Scott and continued representation by David Zwirner signal her entrenched position in the evolving landscape of globally significant, mid-career artists.
With exceptional gallery backing, strong auction momentum, and a rare 53% discount to primary pricing, Pepsi by Katherine Bernhardt presents a compelling opportunity. Its scale, subject, and exhibition history position it as both a cultural and financial assetāpoised for appreciation within a dynamic and evolving contemporary art market.
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 ValdƩs, and Anselm Reyle.