A term that has recently appeared in the art world is ‘Red-Chip artist’. While you may not have heard the term before, you have likely heard of a few artists that fall into this category. Artists such as Beeple, Amy Sherald, Flora Yukhnovich, Jerkface, and Kaws are considered Red-Chip artists.
Art auctions are one of the primary ways that art exchanges between collectors. But, as you may be unfamiliar with how auction houses operate, we have compiled a list that details some of the most important things that you should know when it comes to buying art at auction.