Unicorn Art Club / All 30 artists
Pierre Soulages
1919-2022 · Art Informel, Lyrical Abstraction
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 20,000,000 USD (1-20 million for canvases of the 1950s and 1960s; Outrenoir and works on paper from hundreds of thousands to a few million)
Market liquidity: high
Biography
Pierre Soulages, born in Rodez in 1919 and died in 2022 at 102, was the leading French abstract painter of the postwar era. From the late 1940s he worked with broad black strokes on light grounds, and from 1979 developed Outrenoir, paintings in which light reflects off textured black surfaces. He was shown early in New York by Samuel Kootz, collected by MoMA and the Guggenheim, and in 2019 became the third living artist after Picasso and Chagall to have a show at the Louvre. A museum devoted to him opened in Rodez in 2014. His market is deep and international, with strong demand in Asia; the record of about 20.1 million dollars was set at Sotheby's New York in November 2021.
Auction record
20,141,700 USD: Peinture 195 x 130 cm, 4 août 1961, 1961, Sotheby's, New York, 2021-11-16 (source)
Market data: public auction results with date, auction house and source, the same data as Unicorn Art Watch.
Museums
- Musée Soulages, Rodez
- Centre Pompidou, Paris
- Museum of Modern Art, New York
- Solomon R. Guggenheim Museum, New York
- Tate, London
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.