How the Pandemic Pushed People To Become Collectors Online
Mark Oldman, the New York-based wine expert, and writer of the book titled. “How to Drink Like a Billionaire” is commonly known to buy art during times of crisis. His first purchase was in September 2008, a photograph by Dan Holdsworth on the eve of the Great Recession when the Lehman Brothers were having some trouble. Since then, he hired an adviser and bought works along the way, for instance, the pieces by William Eggleston, Walton Ford, and Wayne Thiebaud.
However, Oldman did not have ample time or the headspace as he hoped to devote to his collecting until this past period when the coronavirus lockdown had everything on hold such that most of the world was stuck at home. In April, Oldman spent time browsing the fundraising “Pictures for Elmhurst” sale that had raised $1.38 million for Elmhurst Hospital Center in Queens. This led to the purchasing of a photograph by Stefan Ruiz.
Oldman pored over five collections he had gotten from the auction house Van Ham in Germany. He also bought a Harland Miller print called Who Cares Wins (2020) from the White Cube gallery. Oldman almost got a Vija Celmnins in an auction; however, he was outbid. He then further crossed to becoming a collector from a buyer.
While speaking to ARTnews during the summer, Oldman said that both wine and art have absolute inaccessibility when you start. According to Oldman, you have to see a lot, and like developing your palette with wine, you ought to develop your eye with art. In addition to this, he said that in some way, one could say that during the pandemic, he has become a collector and hat the title has to be earned.
Due to the pandemic, the art market ground was put to a halt, and the outlook seemed grim. Speaking to the Wall Street Journal, David Zwirner said that the art world felt frozen to describe the period in late March.
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