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The best chance of identifying the next Damien Hirst is to establish relationships with galleries and dealers who have successfully nurtured and promoted emerging artists, as well as visiting contemporary art fairs and museums.

Sourcing artists responsible for pioneering new trends can be extremely rewarding financially. For example those who identified Chinese contemporary as a new trend where rewarded for their prescience.

Purchasing pieces from such artists needs to be done selectively - distinctive of that artist's characteristic style and a quality piece of work. It is a big mistake to buy poor quality doodles from big names. The productivity, trend leadership and promotion of that artist is also very important.

Most importantly, once you have developed your instincts, do not underestimate the intricately detailed intelligence stored in human emotion, with the above in mind. Always buy what you love!
Frieze has become both the UK's most important contemporary art event and one of the world's most influential contemporary art fairs. The participating international galleries are rigorously selected, as well as artists chosen to be part of the fair's unique curatorial project programme.

The Rise in an Artist's Popularity...

The controversial contemporary artist Damien Hirst had a comparatively brief stage as an emerging artist in the early 1990s. This phase normally requires many years of attending to ones subject matter and networking within the art world - due to the natural processes of self-discovery and the sheer magnitude of new talent entering the market.

 

At this time there was a somewhat staid UK contemporary art scene, ripe for the 'Black Swan' type random event or force majeure of society that was to drive this Young British Artist (YBA) movement and its creators. 

 

The synergistic combination of Saatchi's transfer from advertising mogul to art dealer and the culmination of Hirsts' collaborative energy directed into organising Freeze, as a second year student at Goldsmiths, was a predominant catalyst for his meteoric rise.

India's Subodh Gupta (b.1964) rose to 24th place in 2008 from 110th in 2007. His total turnover increased from Euro 852k in 2007 to Euro 5,5 million in 2008. Italy's Rudolph Stingel (1956) experienced a similar meteoric rise from 96th place in 2007 to 21st place in the following year, turnover growing from Euro 964k to Euro 7,7million.

 

Other 'jumpers' include UK's Banksy (1975) who moved from 47th place to 22nd, Japan's Takashi Murakami (1962) who leapt from 50th to 8th position, China's Xiaodong Liu (1963) from 22nd place to 10th and the American artist Jeff Koons' (1955) move from 9th place to No.1

        

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