The Venice Biennale is a standout occasion in the art world, featuring the work of artists globally. This year's exposition, titled "Foreigners Everywhere," aims to honor the foreigner and emphasize the historical waves of migration globally. The exhibition features 331 artists, many of whom are lesser-known and underrepresented in the art market.
Representing the United States, Jeffrey Gibson is recognized for his colorful and patterned paintings, textiles, and objects that combine his Choctaw-Cherokee heritage with pop and club culture, queer theory, and American history. His "Everlast" series has gained recognition in the art market. His work has sold for up to $300,000 at galleries and has yet to appear in a major evening auction.
Representing the Republic of San Marino, Eddie Martinez's bold, street art-inspired paintings have been likened to 20th-century masters like Willem de Kooning and Jean-Michel Basquiat. Martinez's work has achieved significant auction success, with one piece selling for $2 million in 2019.
Tesfaye Urgessa, representing Ethiopia, is gaining international attention for his fusion of traditional Ethiopian symbols with Neo-Expressionist painting techniques. His work has been displayed and sold at galleries, with prices ranging from $80,000 to $150,000 for paintings.
Koo Jeong A, representing South Korea, is celebrated for her site-specific installations that engage the senses and explore encounters with the environment. Koo's prices are variable due to the nature of her works but have recently achieved an auction record of $4,716 for works on paper.
Lap-See Lam, representing the Nordic Pavilion, creates expansive works that reflect her 3-D scans of Chinese restaurants in Stockholm. Prices for Lam's works range from €10,000 to €100,000.
Hildigunnur Birgisdóttir, representing Iceland, is known for her whimsical sculptures that playfully question materialist value. Most of Birgisdóttir's works are priced under $10,000.
Robert Zhao Renhui, representing Singapore, explores the relationship between nature and culture through installation, photography, video, and sculpture. Zhao's photographic works range from SG$10,000 to 20,000, depending on their size.
Yinka Shonibare, representing Nigeria, challenges standard definitions of cultural and national identity through his diverse range of artworks. His prices range from £50,000 to the low millions, depending on the medium and size of the work.
The Venice Biennale provides a unique chance to discover and invest in the work of emerging and established artists from around the world. The artists mentioned above represent a diverse range of styles and themes, showcasing the global talent and creativity that the biennale celebrates. As the art market continues to evolve, these artists' works may see increased demand and recognition in the future.