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    5 Young Artists to Watch in 2018

    The Next Generation of Influence on the Art World

    The Common Denominator: The Collector’s Desire to Support Young Artists and Creatives

    According to a 2018 article posted by insurance company AXA, young collectors make up approximately 15 to 25% of all art collectors. In a 2014 AXA survey, the age breakdown of participants was as follows:

    ● Majority of respondents were middle-aged (73% were 40-69 years old).

    ● 9% were 70 or older.

    ● 13% were 30-39.

    ● 3% were 29 or younger.

    ● Overall, 16% of respondents were young/millennial collectors (under age 39).

    Though the vast majority remains within the age group of 40-69 years old, Millennials are significantly more likely than previous generations to collect with financial considerations in mind. Beard connects the cultural and social context in which millennials were raised with their collecting habits: “we collect like capitalists.

    Also, According AXA’s 2014 survey, under 40 collectors have a strong preference for contemporary art.

    This survey reached a worldwide

    group of 972 collectors, a majority of whom come from the USA, Germany, France,

    UK, and Switzerland. This survey found that: 94% of young collectors acquire contemporary art

    ● 30% collect modern and impressionist art

    ● 13% collect 19th-century art

    ● 11% collect art antiquities

    ● 8% collect Old Masters.

    Here are some of the millennial artists that have caught the eye of collectors both novice and experienced that are already exhibiting and selling in major fairs and events all over the world:

    1) Lina Condes

    2) Nicolas Party

    3) Jesse Stecklow

    4) Athena Papadopoulos

    5) Avery Singer