Can Shares in Art be Successfully Traded by Liquid Rarity Exchange? – artmarketblog.com It’s the holy grail of art investment products; many have talked about it but few have attempted it; a successful system remains elusive; Michael Saigh of the Liquid Rarity Exchange (LRE) claims he’s cracked it. What is it? A new art investment [...]
Art Bankers Take Advantage of Falling Prices- artmarketblog.com The interest in structured art investment programs has continued to remain relatively high considering the recent concerns voiced by some regarding the state of the art market. Since the beginning of the year there have been several new art investment programs launched which suggests that the categorisation [...]
Investing in Social Art Projects – artmarketblog.com A new project called Trust Art (http://www.trustart.org) which is described as “A stock market for cultural renewal” has recently been launched by the founders of Fame Game (http://www.famegame.com). According to the Fame Game website “FAME GAME is a rapidly-growing website that maps and analyzes your social connections and [...]
Osian’s Art Fund Emerges as High Yielding Asset Class in Global Meltdown – artmarketblog.com Osian’s, today presented the 5th Six Monthly Disclosure Report (10 July 2008 – 9 January 2009) on behalf of the privately placed closed-ended Osian’s Art Fund (OAF). The Report establishes that the Osian’s Art Fund is one of the few investments [...]
Art Market Correction Statistics – artmarketblog.com Copyright@Artprice.com Since the beginning of September, the art market has contracted for the first time since 1990. Although it survived 9/11, the meltdown of the global financial system has been too much for the “pleasure investment” market. The figures speak for themselves Compared with January of this year, the [...]
Betting on the Art Market Pt. 1 – artmarketblog.com The reason that I invest in art and am involved with the art market is because I find investing in art to be extremely enjoyable, exciting, fun and interesting which is presumable the reason that most people invest in art. With this in mind I would [...]
Danger of Careless Art Market Talk – artmarketblog.com A Sotheby’s auction here in Australia on the 26th of August did not go as well as was anticipated with just less than half of the works selling and a final sales figure of AUD$5.77 million without buyers premium against an estimate of $9-$12 million. According to [...]
Damien Hirst Screws Himself – artmarketblog.com On the 15th and 16th of September a total of 223 previously unsold works by Damien Hirst will go under the hammer at Sotheby’s. The collection consists mainly of different versions of Hirst’s most iconic concepts including versions of his spot paintings, spin paintings, butterfly paintings, medicine cabinets, formaldehyde [...]
Oz Artist Resale Royalty Boost – artmarketblog.com For those who regular readers of my blog, you will be aware that I am an Australian and that I am a strong supporter of the implementation of an artist’s resale right in Australia. Just because the current Australian government made the decision to introduce a resale royalty [...]
Indian Art Fair and Summit 08 – artmarketblog.com Today marks the start of the Indian Art Summit, India’s modern and contemporary art fair, which is taking place from the 22nd to the 24th of August. According to the Indian Art Summit website (http://www.indiaartsummit.com) the “India Art Summit™ 2008 has received an overwhelming response with over [...]
