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THE WORKS OF SOME of the world’s most renowned contemporary artists will be exhibited for the first time in the Irish capital.
Banksy, Andy Warhol and Damien Hirst are among the artists whose work visitors can enjoy with the opening of a dedicated contemporary gallery in central Dublin.
Gormleys Contemporary will also feature works by other international stars such as Grayson Perry, Ian Davenport, Roy Liechtenstein and Keith Haring.
Managing Director Oliver Gormley said he wants to provide a permanent place to view and purchase world-class artwork.
He said works of art continue to increase in value despite the financial chaos associated with the coronavirus pandemic.
“The contemporary art market comprising artists like Banksy, Warhol, Hirst and others is very strong with Warhol pieces, for example, increasing in value by an average of 5-10% per year over the last 30 years,” he said. .
Banksy’s work is a great investment. As an example, we sold a signed Girl With A Balloon for € 160,000 in 2017, and one of the same edition sold at auction this month for € 477,000.
“Similarly, we sold an unsigned Flying Copper in the same year for € 8,600 and one from the same edition fetched € 82,300 at auction last week, increasing by almost 900%.
“Like commodities like gold, the high-end contemporary art market has risen in value during the current crisis.”
The gallery is also opening a permanent sculpture garden with 30 pieces, including top artists like Patrick O’Reilly, Bob Quinn, Ian Pollock, Anthony Scott, Eamonn Ceannt, and Sandra Bell.
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Gormley added: “I am fascinated by the emotional connection between art and how people see it.
“What I love about it is that you can stand talking to a millionaire or a beggar looking at a work of art and have the same conversation.”
The exhibition can be found on Gormleys Fine Art on South Frederick Street.
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