As art sales go online, the NYT notes an increasing generation gap, with older buyers tapering off their purchases and younger buyers continuing to collect. “The resistance from older collectors is still there,” says Anders Petterson, founder of analytics firm ArtTactic. “When there is no physical art world, how do you substitute that experience?” he added. “Younger people are a lot quicker to adapt.”
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Collector’s Birthdate: NAPaz, a Brazilian entrepreneur, is a leading Latin American collector. He is the creator of the Contemporary Art Center inhotim (CACI), a constantly evolving garden and art space located in his native Minas Gerais.
In 2004, he unveiled his “dream,” which incorporated a 300,000 square foot installation that contained his large country home, multiple gardens and 7 galleries. The collection features more than 450 Brazilian artists as well as artists from other nations.
He is a relatively new collector, having bought his first piece of Contemporary Art, a work by the Brazilian Tunga, in 1998. Many of the pieces in his collection, like Cildo Meireles’ “Inmensa” and Tunga’s “True Rouge” are exceptionally large and require considerable exhibition space.
On what intrigues him:
“I am specifically interested in artists who have ideas that go beyond what a usual private or institutional collection can contain.”
Lindemann, Adam. Collecting Contemporary: Los Angeles, Taschen GmbH 2006.