Jack Armstrong has been painting since he was 5 years old. After arriving in NYC in 1979, he became friends with Andy Warhol, Jean-Michel Basquiat & Keith Haring. In 1984 after turning down a solo exhibition with Castelli Gallery in NYC, Mr. Armstrong has maintained his revolutionary anti-dealer stance and has never been represented by a dealer.
Between 1994 & 1997 Mr. Armstrong repurchased his early work and destroyed all paintings, vowing to create a new style for modern art. Between 1999 – 2000, Mr. Armstrong founded “Cosmic Extensionalism” revolutionizing modern art. Armstrong’s use of extreme color, texture and light with words magically appearing at different angles in the paint. This allows viewers to experience universal cosmic energy, coexisting with Armstrong’s belief in inter planetary and multi-dimensional extensionalism. It becomes the foundation of his revolutionary work. Mr. Armstrong’s total output include 100 Cosmic ‘X’ paintings, plus the most valuable motorcycle, bicycle and cowboy boots in the world.
View Jack’s WikiArt page:
https://www.wikiart.org/en/jack-armstrong
Two of Jack Armstrong’s most famous paintings (click to enlarge):
The Last Wizard
Cosmic Extensionalism or Cosmic “X” is a new style of Art which was originally founded by Jack Armstrong in 1999. Armstrong was inspired by an ethereal experience he had with the famous gem stone known as the Black Star Sapphire of Queensland. The stone is believed to have magical powers. At the time he destroyed all of his previous works.
Cosmic X is a genre of modern art styles as is the famous genres of “Cubism” by Picasso or “Pop Art” by Warhol. It was originally founded as an organic art movement and is singular by comparison.
Cosmic X requires the artist to become the art they are creating, by feeling no separation between the art itself. This requires a unique state of mind to be reached, connecting to a universal presence, which Armstrong believes exists in each being. It is this connection that creates the art, not the artist.”
Armstrong’s hair, fingerprints and DNA is present in all his paintings.
https://en.everybodywiki.com/Cosmic_Extensionalism_%22X%22
Market microstructure
Jack Armstrong’s main strength for the investor may be his drastic policy regarding microstructure of the art market. His notorious rebellious attitude towards art establishment has been lasting for decades and has nourished an interesting alternative to classical dealership: he has fully vertically integrated the supply chain of his own market. As a major consequence for the art investor, there is no dealers’ margin on his sales, hence a frictionless economic environment, usually only devoted to traditional financial assets.
As a side effect to his aversion for dealers, his natural and sincere commitment to the purity of the relationship with his collectors is highly attractive to consumers. By offering this particular value-proposal to the art market, he has managed to position himself as a safe-haven for high quality contemporary American art. This business model is, to our knowledge, unique in its own right for high-end contemporary art that is usually distorted by pushy dealers.
Interestingly, Jack Armstrong’s prices are uncorrelated to global art market and contemporary art market. TheLifeOfLuxury.com could trace OTC transactions back to 2008 to spot a highly interesting feature of Jack’s Armstrong price history:
Prices have been immune to the financial crisis of 2008/2009. We believe different causes may explain this phenomenon:
– Market may have been stimulated by the completion of the Cosmic Extensionalism series
– Management of the inventory by the artist himself has avoided supply shock on the market
————————————————————————–
Jack Armstrong & Cosmic Starship V-Rod Motorcycle (2010) Red Carpet World Premiere, CA
Lorenzo Lamas, Cosmic Harley V-Rod, World Premiere, Los Angeles