Each month Rare Posters Inc. offers bespoke research and analysis on the most valuable and collectable modern and contemporary artists of today. These valuations offer a snapshot view into the trends of today’s art market and can help art lovers build valuable assets and investments with the art they love. This August Rare Posters Inc. covers the artist Javacheff & Jeanne-Claude Christo.
Javacheff Christo and his wife Jeanne-Claude created environmental works of art, which include the wrapping of monumental buildings (including L'arche de Triomphe, Project for Building #1 Times Square Allied Chemical Tower New York, and The Museum of Modern Art Wrapped), and notable natural sites (such as Surrounded Islands in Miami, The Gates Project New York, and Wrapped Over the Rive: Project For The Arkansas River Colorado) around the world. Christo most commonly worked with his wife Jeanne-Claude, often turning down other projects until they could finish their projects at the time.
Both artists insisted that their work lacks deeper meaning and aimed to create visually astonishing works only for aesthetic impact. For all projects, the materials were recycled, and the artist duo never accepted sponsorship of any kind. Instead they financed their installation projects entirely through their CVJ Corporation (Jeanne-Claude Christo-Javacheff, President) which managed the sales of Christo’s preparatory drawings, lithographs, collages, scale models and early works from the fifties and sixties. The preparatory blueprints and collages of these ephemeral projects were made available in limited editions on arches paper. In as much collectors of Christo’s work contribute the idea and actualization of the concept as well as becoming owner of a part of the work through its various developmental stages. The prints created are in and of themselves delicate and complex oeuvres, created with the technical proficiency of an architect. This is made particularly clear in #1 Times Square which is a Lithograph in colors with a collage of fabric, thread, polyethylene, staples on wove paper mounted to museum board and both signed and numbered out of 100 in pencil by Christo.
Christo’s delicate works have accrued value over time, proving them to be stable investments. For instance, in 1992 the limited edition signed multi-media #1 Times Square (1985) fetched $6,430 at auction while in 2014 it has been valued at $14,000. Likewise, the signed limited edition Lithograph of The Museum of Modern Art Wrapped (1968) valued at $3,272 in 1997 is worth $7,500 today. Lastly, in 1999 the signed and limited edition of L'Arche de Triomphe (1970) sold at auction for $780 whereas it is valued at $3,500 today.
- By Jason-Louise A. Graham
For the month of August we will also offer free shipping on select Javacheff Christo items at www.Rareposters.com.
Be sure to follow our monthly signature auctions at Live Auctioneers and Invaluable Auctions in which many of our top investment artists in contemporary art will feature.