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(Photo: Courtesy of Christie's) |
Bridget Riley
Why it’s undervalued:
This is an opportunity to “get a great artist at a discount price,” says art adviser Mary Hoeveler. Op Art artist Bridget Riley’s prices rose during the boom, but not wildly, she adds. They weren’t “hyperinflated.” Now, however, they’ve come down some. Hoeveler points to the recent sale of Riley’s Gala, which went for $1.07 million, but which in a boom time might—justifiably—fetch $2 million.
What’s on the block: Two less-important pieces, Orpheus Study 22 (1978), right, and Twisted Curve with Neutral Grey, Dark (1976), each with an estimate of $50,000 to $70,000, May 14 at Christie’s.
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