Bar chart comparing average 2025 art spending, $347,460 for Gen Z against $124,265 for all collectors, with the headline “Gen Z is spending big. Here’s the catch.”, Marcolina’s Fine Arts Gallery journal cover

What Gen Z Collectors Are Actually Doing (and What It Means for You)

A headline went around this month: Gen Z collectors are the art market’s biggest spenders. It’s true. It also leaves out a few things worth knowing before you decide what it says about you.

What the survey actually found

The 2026 Art Basel and UBS Survey of Global Collecting asked 3,100 collectors, all with at least $1 million in personal net wealth (not counting real estate or privately held businesses), about how they buy. The youngest group, ages 20 to 29, averaged $347,460 on fine art in 2025. Everyone surveyed averaged $124,265.

Average fine art spending in 2025
Gen Z collectors spent nearly three times the average
Collectors aged 20 to 29

$347,460
All collectors surveyed

$124,265

Gen Z spending rose 19% from 2024. The full sample rose 13%. Gen Z bought about the same number of works as other generations, so the difference comes from higher prices per piece.

The caveat that matters

That’s 279 people.Gen Z was 9% of the sample, and The Art Newspaper notes the group is small and unusually wealthy. 37% of them said their wealth came mainly from family, compared with 15% overall.

So this is not a picture of the typical 25-year-old, and it would be a mistake to read it that way. It is a close look at one very high-end slice of the market. The dollar figure is the least useful part. The behavior is where the useful part is, and one number stands out.

The part worth paying attention to: taking chances

Across all collectors, buying work by artists they weren’t familiar with fell from 66% in 2025 to 45% in 2026. Gen Z held up better: 56% of them bought from unfamiliar artists, against 36% of Boomers.

Taking a chance on a new name
Collectors got more cautious, but not equally
All collectors, 2025

66%
All collectors, 2026

45%

Gen Z

56%
Boomers

36%

Share who bought work by artists they were not familiar with. The 2026 figure is a five-year low for all collectors.

What this means if you’re starting out, at any age

The takeaway isn’t the dollar amount. It’s that, in a year when most collectors got more cautious, the youngest ones were still the most willing to look at an artist they had never heard of. You can do that at any budget, and it’s usually where the best early finds are.

Ask for a private viewing before you decide. Ask to see the back and the sides. Ask for a Certificate of Authenticity. Ask what the payment options are. And buy something you will want to look at every morning, not something a headline told you to want.

That is how we work at Marcolina’s. Viewings are by appointment, in person or virtually, presented personally, so you can ask every question you have. See what a visit is like. Every original comes with a Certificate of Authenticity, payment plans are available, and pieces ship worldwide with full insurance. Our collections start with originals under $500, so a first piece does not have to be a big decision.

The same survey also showed how many collectors now find and buy art directly from artists and galleries, often online first. We covered that side in Collectors Now Start Online.

Request a private viewing →

Meet the artists and browse original work →

New to collecting? Learn how it actually works →

Source: The Art Newspaper, October 8, 2026, reporting on the Art Basel and UBS Survey of Global Collecting.

Marcolina’s Fine Arts Gallery is Tampa Bay’s leading contemporary fine art gallery, representing original work across painting, sculpture, photography, encaustic, and mixed media. Original works by Guillo Pérez 3, Willy Pérez, Ailene Fields, John Gurbacs, Elizabeth Fontaine-Barr, Blake Emory, Greg Latch, and other represented artists. Private viewings by appointment. Ships worldwide.

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