How to Invest In Upcoming Artists Before They Get Big (2024)

Chelsea Nassib’s genius idea for accessible art came when she was trying to establish herself as a painter after art school and quickly discovered that there was no straight path to follow to become a *career artist*. “As an artist you sit alone in your studio and produce work; there’s a networking element, but no career path.” Meanwhile, her friend—and now co-founder—was working at the Gagosian, selling to big-time collectors, while her peers would approach her to ask about buying art well under typical gallery prices. The natural concept for two millennials? To make art available online, of course. And Tappan was born. “We gathered a group of friends out of art school and got them to let us put their artwork online to see if it would sell,” Nassib says from Tappan’s Atelier space in Los Angeles. “Would people buy artwork online in the first place? That launched in 2012. And they did; and they do. So here we are five years later.”

Five years later Tappan is way more than an e-commerce destination to buy art. It’s a veritable network of emerging artists that Nassib and her team support with career development while providing them with a platform to share their work. The best part? A lot of what’s available to buy on the site costs less than a mid-range designer handbag. Even better, you can hang a piece on your wall that you love and know that it will only increase in value. Here’s how Tappan is shaking up the traditional art marketplus four emerging artists you should invest in now.

How to Invest In Upcoming Artists Before They Get Big (1)

Why Tappan is investing in emerging artists (when traditional galleries can’t and won’t):

“We represent the artists, but we enter into more of a partnership with them. Traditionally, the brick-and-mortar galleries couldn’t afford to invest in emerging artists. Let’s say you’re selling works for $500, and you have 10 works in your show—you’re making $5,000 and the show is up for a month. There’s no way you can cover your overhead, your rent, the gallerists, etc. The emerging market was something where you had to know people and be involved in. There’s still that culture, which is lovely to be a part of, but because of the internet, we can invest in artists who are selling at a more reasonable price point and make their work acceptable to people who want amazing work by real artists.

“The partnership comes in because we invest in them as much as they have to have faith in us. These are people who we’re finding out of school who may or may not have had gallery shows before. We have to identify the talent, and then we also help groom them. We have artist managers who help with career development. We’re trying to help these artists learn the skills they need to continue on in the art world.”

Why you can trust Tappan to find emerging artists that are worth investing in:

“We do a lot of storytelling. We try to tell the artists’ stories on the platform. When you go on our site, there’s a lot of information about who the artist is, what they’re practicing—you can spend hours in the journal looking at who and how and why they do what they do. We believe that personal relationship and connection you develop with the work and the artist’s practice is something that’s important. On the other hand, we are very transparent about the works that are available and the pricing, so you know that you’re never being ripped off for what you’re buying.”

Why being an entrepreneur isn’t so different from being an artist (and the challenges that come with starting a business):

“The thing that artists have, which is something I think that all creatives have, is a vision, and you will work tirelessly to make that come to fruition. That was something that translated really well because it was creating something and building something that didn’t exist before, creating this market for collectors and emerging artists. We built what we set out to build in 2012 a long time ago, but what’s happened today, and what keeps me excited, is the continual innovation, the projects, the stuff that makes you feel like you’re still being creative, because the managing and the operating and the day-to-day is definitely not my forte. Entrepreneurs are ultimately doers—it’s just about doing, doing, doing—and once you build [a] team and you’re not doing as much and you’re managing more, that becomes very difficult.”

How to Invest In Upcoming Artists Before They Get Big (2)

Why she decided to open an ~offline~ space:

“There were a lot of reasons to open a space. Collectors, as comfortable as they can be online, they like to have the possibility of seeing the work in person even if they don’t actually see it. Because we represent our artists, we wanted to give them the opportunity to show their work in real life. The space is part gallery, part artist-in-residency. The artist-in-residency part was important to us for two reasons. One, we’re always trying to un-define what a traditional gallery means. So, by allowing people to come into a space where they get to go into an artist’s studio, for us it’s very similar to what we get to do online in that you’re interacting with them in their creative space, talk to the artist as their producing, see the works and works in progress. It’s not this sterile piece on a wall; there’s lots of human interaction. And that is where we believe the connection is the strongest. For me, being in a studio is so much more magical than in a stark gallery space. The artist-in-residence program allows our artist managers to do some of this career development and spend one-on-one time with the artist and help them push along their careers and practice.”

How the internet will change the art world for good:

“The traditional as it exists today is very important and will continue to exist, but I think with the advent of the internet and social media, there is a wider funnel of people who will be able to experience art and start to be brought in. People who may not otherwise have felt comfortable going into a gallery can find artists that they like and niches that they like, similar to other industries, and have a sense of belonging. As a whole, the future is that, across the board, there will be more transparency in a traditionally opaque industry. Historically, sale prices weren’t shared, and a site like Tappan has always been about transparency and listing our prices. There was just an art market report, and they reported that our generation isn’t as interested in auctions as they are direct sales, and I think that part of that is linked to our need [for]transparency and understanding why they’re spending. It’s not as much of an ego game for future generations.”

4 Emerging Artists That Are Worth the Investment

How to Invest In Upcoming Artists Before They Get Big (3)

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“I’m a huge fan of Molly Berman’s aesthetic. I love the way she captures seemingly mundane locations in beautiful photographs.”

How to Invest In Upcoming Artists Before They Get Big (2024)

FAQs

How to find emerging artists to invest in? ›

Ideas for Finding New and Emerging Artists
  1. Instagram. Many artists regularly post their work on this visually oriented social media platform. ...
  2. MFA exhibitions. ...
  3. Artist-in-residence programs. ...
  4. Reviews of exhibitions. ...
  5. Art fairs. ...
  6. Enjoy the search.
Mar 29, 2023

How to know if an artist is worth investing in? ›

Visit art galleries, museums, fairs and artists' studios to determine what you like and develop an understanding of art's market value. Read art critics to find up-and-comers, and review art prices from auction houses.

How to buy art that will increase in value? ›

Here, our Creative Director, Jay Rutland, shares his eight essential tips on how to pick works that are likely to appreciate in value over time.
  1. Research an artist's marketplace and endorsem*nt. ...
  2. Approach art investment with a long-term perspective. ...
  3. Spot bargain-buying opportunities. ...
  4. Look out for trends and shifts in taste.
Oct 12, 2023

Can you invest in upcoming artists? ›

An emerging career artist – be they a young recent graduate or have become an artist later in life – can offer an excellent investment. Their work is often sold for entry-level prices, but can have the potential for a significant increase in value.

Which artists are good investments? ›

Investing in art by blue-chip artists like Pablo Picasso, Vincent van Gogh, or Andy Warhol can provide a solid foundation for your art investment portfolio. Their artworks often appreciate in value over time, making them a relatively safe investment option.

Is buying art a tax write-off? ›

Fine art, original creations by living artists, and collectible pieces may qualify as tax-deductible art when purchased for business use or as a corporate holding. Such artworks can potentially be leveraged for tax deductions under specific circ*mstances.

What does a good artist portfolio look like? ›

Your portfolio should be a selection of your best 12 to 20 pieces of art. Fewer than 12 doesn't allow you to show the breadth of your skills; more than 20 may dilute your overall portfolio submission. At least four of those pieces should be observational drawings. Sketchbook pages are also encouraged.

What are blue chip artists? ›

By one oft-used rule of thumb, an artist is considered blue chip if they have produced works that consistently sell for more than $500,000, have annual sales volumes of more than $10 million, and have been selling at auction for at least a decade.

How do new artists get noticed? ›

The best place to start is to work on your online presence. You need a good website that will allow you to showcase your work. You can direct interested buyers, curators, art collectors, and museums to your website if they want to see more of your work or find updated information about you.

How to encourage an upcoming artist? ›

9 ways to encourage young artists
  1. 1: encourage the making of art for the simple joy of it. ...
  2. 2: reward their dedication to the craft. ...
  3. 3: treat mistakes as 'happy accidents'. ...
  4. 4: make a space for them to create. ...
  5. 5: source the best kids' creative supplies that you can afford. ...
  6. 6: find kids' books on how to write and draw.
Jan 18, 2017

How do artists find opportunities? ›

Build your Portfolio

Building and maintaining a strong portfolio makes you a prepared and desirable artist. By taking part in Calls-For-Art, Fairs, and Artist Residencies you will be prepared for when your dream exhibition comes your way. Portfolios reflect your role in the art world.

What price should I sell my art for? ›

Price Your Artwork with this Formula. Multiply the painting's width by its length to arrive at the total size, in square inches. Then multiply that number by a set dollar amount that's appropriate for your reputation. I currently use $6 per square inch for oil paintings.

Is Masterworks worth it? ›

Masterworks has a solid track record for choosing profitable artworks, but the platform isn't suitable for all investors. Fine art investments generally have less liquidity and higher risks than stocks and bonds.

Who is the best artist to invest in right now? ›

Best Artist to Invest in Right Now
  1. Banksy. Banksy is one of the most prominent names in art today. ...
  2. Nicholas Party. ...
  3. Dana Schutz. ...
  4. Picasso. ...
  5. Andy Warhol. ...
  6. Birgit Jürgenssen. ...
  7. Stik. ...
  8. Stony.
Jan 22, 2024

How to discover new contemporary artists? ›

Artist profiles on Ocula are an invaluable research tool to discover and learn more about the world's leading contemporary artists and their diverse art practices. These profiles are a pathway to explore artworks, exhibitions and content published about each artist on Ocula.

Why invest in emerging artists? ›

By identifying and supporting emerging artists early on, collectors and investors have the opportunity to witness their artistic journey and reap the rewards as their market value soars. Furthermore, the art market is cyclical, with trends and movements constantly evolving.

How do music artists find investors? ›

It's also crucial to stay connected and to build a network of industry connections, because you never know where your big break will come from. You can try to find potential investors on platforms like Invstor, The Music Fund, or the Angel Investment Network, and start from there.

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