In the December 2009/January 2010 issue of Modern Painter, Erica Orden wrote an article called "New Blood, The Quest for Young Collectors." It dives into how organizations such as Christie's and museums such as MoMA and the Guggenheim Museum are going all out to attract the younger set. You'll see images of Olivia Palermo, Whitney Port, Roxy Olin and Kipton Cronkite. Along with other interviewees, our founder was quoted in the article and below is an excerpt. Pick up a copy at your local retailer or view the article and images online in Modern Painter's December 2009/January 2010 issue.
"It is a great opportunity for young collectors to buy right now because prices are lower, so they can get more value for their dollar than they could a year or two ago," says Kipton Cronkite, whose company, KiptonART, connects aspiring aficionados with emerging artists through social events and other activities. "The state of the market is affecting collectors in terms of the ability to buy certain things, but because prices are coming down in art, just as they are in real estate and other sectors, people are trying to think about art not just as an investment but as a way of getting behind a particular individual who really needs support and visibility. A year or two ago, cash was flowing, and people were like, Oh, this is the hottest artist of the moment. And now I see people really looking at the pieces more and really forming an emotional attachment to them."
Kipton Cronkite Approved!
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