The more people willing to buy a work, the more convincing the argument that the work is here to stay. When that artist’s pieces begin to find a new life in the secondary market, the more you can be sure that his or her work is a good investment.
After taking stock of last month’s contemporary auctions, anyone could look to the market of London-born Lynette Yiadom-Boakye and reasonably conclude that her work has crossed over, in market terms, from “up and coming” to something more significant.