Any artwork selling for over $1 million qualifies as blue-chip art
Jimmy Basile · Art Investment 101: The Asset Everyone Overlooks · Jul 15, 2025 · at 34:40
Art advisor Jimmy Basile defines the criteria for what categorizes an artist or artwork as blue-chip in the fine art investment market.
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“Blue chip can be really taken into two things. One, it's probably a million dollars and up is a blue chip artwork. Because if you're even a modern art or present day contemporary artists, but your artworks are selling for over a million, you're considered blue chip.”
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