Hedge fund manager Chaudhri thinks basic economics augur favorably: Compared with the amount of Western art sloshing around, India has a relatively small body of post-independence work.

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In the art of Jean-Michel Othoniel, the sense of the human body is always present, even when there's no body to be seen.

WSJ: Jean-Michel Othoniel's Retrospective My Way in Brooklyn

Johnson bought most of his art in 1998, when he learned that a significant body of work, the Barnett-Aden collection, was for sale by the Florida Education Fund, along with the building where the art was housed, the National Museum of African American Art, in Tampa.

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Otherwise, it's aimed more at the casual carry-around crowd with a 40 percent smaller body, touch-screen focus selection, control ring exposure adjustment, a 3-inch 920k dot TFT LCD, art filters (in the smartphone app), image (or film) stabilization and 1080P 30 fps HD video.

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