YIELD ART GALLERY

Yield Gallery is a modern and contemporary art specialist based within the bustling streets and the art community of Soho London, a stones throw from The National Portrait Gallery and The London School of Art.

We offer emerging talented artists and students the platform to display their work to the world through our galleries and exhibitions. We have an art studio in Soho London where we store our high-end blue-chip pieces from the world-famous artist Richard Hambleton, among others. Client meetings can be arranged here via appointment only. We are also excited to be adding an additional London gallery in 2021.

Join an exclusive community of blue-chip and emerging art collectors, featuring blue-chip works from Richard Hambleton, Schoony, Andy Warhol, Retna and Banksy.

Yield Gallery specialises in Richard Hambleton artwork, please contact one of our experienced advisors for further information or to arrange an appointment at one of our London Galleries.

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“Imagine a city where graffiti wasn't illegal, a city where everybody could draw whatever they liked. Where every street was awash with a million colours and little phrases. Where standing at a bus stop was never boring. A city that felt like a party where everyone was invited, not just the estate agents and barons of big business. Imagine a city like that and stop leaning against the wall - it's wet.”
Banksy,

AFFILIATES AND CHARITIES

Yield Gallery is proud to be working with a number of Affiliates and Charities in our local community. We are members of The Guild Society of Artists (GSA) which was formed to support emerging artists and give them help to further their careers. The Charities we choose to work with are very close to our hearts and align with our core beliefs. If you would like to donate to any of these worthwhile causes, as we do, please click on the images below which will take you to their pages. Thank you for your generosity.


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Richard Hambleton was part of a street art movement in the 1980s that included Jean-Michel Basquiat and Keith Haring.

It’s been a big few years for the Richard Hambleton market since his death in 2017.

On June 26th 2018, the late street artist’s 1983 painting ‘As the World Burns’ sold for $552,000 at Artcurial’s Writing’s On the Wall auction in Paris. The sale nearly quadrupled its $140,000 estimate and smashed Hambleton’s previous auction record of $215,000.

The following day, at artnet’s Urban Art sale on June 27th, an untitled triptych from 1986 went for $216,000 - well over the $100,000 - $150,000 estimate. The work was created for the Mauermuseum at Checkpoint Charlie in Berlin. Finished around the same time that Hambleton added his signature Shadowman works to the Berlin Wall, the three-panelled painting features a white line down its centre-a symbol for the divisions in Germany at that time. All of this comes in the wake of artnet’s sale of Hambleton’s 'Jumping Shadow Man' painting from 1984, which went for $108,000 (including buyer’s premium) last month.

The market has seen enormous growth over the last year and a half, precipitated by two major events: 1. The release of a documentary about the artist in spring of 2017 and 2. His untimely death that fall. As of today, nine of Hambleton’s top 10 auction sales have occurred in the last year; the top five have taken place in the last four months.

Hambleton’s market has always been difficult to summarise. Often referred to as the “godfather of street art” (a title he rejected), the artist was known for being anti-establishment. He worked with a number of galleries, but rarely in an official capacity. Even more significant though, was his long and well-documented battle with heroin addiction—a disease that often hindered his career and ultimately led to his early death.

For years and years, Yield Gallery has been selling Richard Hambleton’s work and achieving great returns! Richard Hambleton was also selling and trading his own work when he was alive. People would come to his studio and trade paintings in exchange for drugs. A lot of people dangled shiny objects in front of him and he always went where the money was.

Richard Hambleton made his name in the downtown New York art world in the late 1970s and 1980s. Working alongside his close friends and fellow artists like Keith Haring, Jean-Michel Basquiat and Andy Warhol, he emerged as one of the household names of the street art scene, and his work was quickly embraced by galleries, critics, collectors and investors. Legend has it that Basquiat, Haring, and Hambleton would play a game where they would trade each other for their art, and Hambleton would get four of Basquiats’ for one of his works.

Like Keith Haring and Jean-Michel Basquiat, the streets of New York were his original canvas, and at the height of his prominence in the mid-1980s he was more highly-valued and sought-after than any of his contemporaries, inspiring a new generation of artists including Blek Le Rat and Banksy.

The current blue-chip artist Banksy quotes “without Richard Hambleton there would be no Banksy, I received all my inspiration from Richard Hambleton street art Shadowman”

While he made many notable works, Richard Hambleton’s Shadowman paintings, a series of sinister-looking silhouettes splashily painted on the sides of buildings and other locations garnered him the most notoriety. Eventually, he replicated these figures on canvas and paper—a body of works that proved to be highly saleable. But by the early 1990’s, Richard Hambleton began to retreat from the art world, objecting to its institutionalism.

Around 2007, Richard Hambleton experienced a late-career renaissance. A solo show, his first exhibition in years of his “Beautiful” landscape paintings and his work began appearing again at auctions, selling for a couple of thousand dollars. In 2009, Giorgio Armani commissioned Richard Hambleton to make a new set of Shadowman works, and the artist was the subject of a retrospective exhibition in New York sponsored by Giorgio Armani.

On the 13th November 2019 at Phillips Auction House New York Richards Hambleton's ‘Mutiny’ landscape piece, acrylic on canvas sold for $500,000, breaking the estimate of $100,000. Richard Hambleton's work continues to be sold for above and beyond the estimates in auction houses around the world such as Christies and Sotheby’s.

Hambleton passed away in October of 2017 at the age of 65. By that time, he was gaunt and frail and cancer had caused half of his face to cave in on itself. In a dark but fitting twist, he cast a silhouette that was eerily reminiscent of one of his Shadowman figures.

His market also took off again. Within months, the artist’s paintings at auction went from fetching a couple of thousand dollars to tens of thousands, beginning with the Sotheby’s sale of his 1984 painting ‘Fountain of Youth II’, which came in at $150,000. Private sellers report even bigger numbers, with one collector noting that they have sold his works for numbers between $500,000 and $1 million.

Indeed, the gap between Hambleton’s auction results and private market figures remains substantial, though the two figures are getting closer.

Before Banksy there was a Shadowman ‘Richard Hambleton’.

Please contact us to speak to one of our experienced Richard Hambleton advisors.