“It’s Creative, It’s Fresh, It’s Still Undervalued: Cuban Contemporary Art”

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Cuban Art News writes, about Cuban art’s major growth potential in a changing art market in “It’s Creative, It’s Fresh, It’s Still Undervalued: Cuban Contemporary Art.” Read the original article for reviews of work by Belkis Ayón, Roberto Fabelo, Carlos Garaicoa, Carmen Herrera, Manuel Mendive, and Tomás Sánchez.

“Collectors,” Kelly Crow wrote this week in the Wall Street Journal, “are turning their gaze to the quirky and overlooked.”

One could argue that few sectors of the art market have been as overlooked as contemporary Cuban art—or have as much potential for increased value.

“This will be the best emerging-market focus in the art market today,” said Howard Farber, art collector and publisher of Cuban Art News.

“Collectors can buy masterworks of contemporary Cuban art for the price of the sales tax of a top contemporary American artwork.”

At the same time, museums around the US are broadening their representation of Latin American, Latinx, and Caribbean artists—most recently, the newly reopened MoMA.

With those currents in play and the fall auction season underway, we spotlight six artists from Cuba who stand to benefit from a changing art market.

Our selection is based on a variety of criteria, including recent auction sales, museum exposure, gallery representation, and media coverage.

For many artists, top prices at auction do not reflect the highest figures that their work commands in the market. Gallery and private sales often run considerably higher, as comments from gallerists indicate.

From a collecting perspective, most of the artists on this list produce art of varying scale, in different media, with a range of price points. That makes them attractive for new and seasoned international collectors alike.

There are many other outstanding Cuban artists who merit inclusion in a story like this, and Cuban Art News will feature them in future articles on this topic. [. . .]

For full article and information on Belkis Ayón, Roberto Fabelo, Carlos Garaicoa, Carmen Herrera, Manuel Mendive, and Tomás Sánchez, see https://cubanartnews.org/2019/11/16/still-undervalued-cuban-contemporary-art/

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