Unicorn Art Club
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Unicorn Art Club / All 30 artists

Marc Chagall

1887-1985 · School of Paris, Russian avant-garde, Modernism

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The club deal

Status
Fundraising open
Minimum per member
USD 100,000 (US residents: USD 200,000 individuals, USD 1,000,000 entities)
Fundraising target
3,000,000 USD
Selection window
12 months, with return of the capital if no suitable work is found
Vehicle
a dedicated SPV for this artist
Expected exit
between 3 and 7 years, through auction or private sale

How the club deal for each artist works · Costs

If no suitable work is found within 12 months, the capital paid in is returned.

Price range of the works the club looks for

from 1,000,000 to 28,000,000 USD (1-28 million for major paintings)

Market liquidity: high

Biography

Marc Chagall was born in Vitebsk, in today's Belarus, into a Hasidic Jewish family and reached Paris in 1910, where he absorbed Cubism and Fauvism into a dreamlike personal language of lovers, villages, animals and musicians. He returned to Russia during the war, left for good in 1922, spent the Second World War in the United States and lived his last decades in the south of France. He worked in painting, prints, stained glass, mosaics and stage design across a very long career. That huge output gives him one of the deepest markets in Modern art, with hundreds of lots a year. Paintings from before 1940 are the most sought after, and his record is $28.5 million, set in New York in 2017.

Auction record

28,450,000 USD: Les Amoureux, 1928, Sotheby's, New York, 2017-11-14 (source)

Market data: public auction results with date, auction house and source, the same data as Unicorn Art Watch.

Museums

Sources

Prices and news on Unicorn Art Watch · Guides on investing in art on Unicorn Private Research

Risk: Investing involves the risk of losing capital.