This is a great article if you are an art dealer or have any interest in the field....OR if you are a collector. Here are a few points to look for in collecting big works:
10 Short-Term Buys
Blue-chip contemporary artists who are undervalued, listed in alphabetical order, include Carl Andre, Richard Artschwager, John Chamberlain, Joseph Cornell, Sam Francis, Robert Gober, Ralph Goings, Howard Hodgkin, Frank Stella and Tom Wesselmann.
10 Long-Term Buys
Blue-chip contemporary artists who will continue to appreciate, despite prices that are already high, include Willem de Kooning, Philip Guston, David Hockney, Jasper Johns, Donald Judd, Roy Lichtenstein, Brice Marden, Robert Rauschenberg, Cy Twombly and Andy Warhol.
10 Holds
Blue-chip artists whose prices are maxed out but who are nevertheless worth hanging onto because of the high quality of their work include Jean-Michel Basquiat, Alexander Calder, Maurizio Cattelan, Chuck Close, Lucian Freud, Andreas Gursky, Ellsworth Kelly, Joan Mitchell, Gerhard Richter and Ed Ruscha.
10 Sells
Blue-chip artists whose prices are maxed out and may actually sink at auction include Keith Haring, Robert Indiana, Alex Katz, Robert Mangold, Louise Nevelson, Kenneth Noland, Chris Ofili, Lucas Samaras, George Segal and Donald Sultan.
5 Sleepers
Mid-level artists who will eventually be considered Blue-chip include John Baldessari, Ed Moses, Ed Paschke, Ken Price and Richard Tuttle.
5 Wild Cards:
Blue-chip artists with narrow markets whose future prices are too difficult to call include Matthew Barney, Louise Bourgeois, Vija Celmins, Tom Friedman and Bruce Nauman.