Eric Clapton’s Gerhard Richter Sets Auction Record for Living Artist – artmarketblog.com A painting by Gerhard Richter from the collection of Eric Clapton has been sold for 21,321,250 GBP ($34.19 million) at auction in London setting a new auction record for a work by a living artist. Acquired by Clapton from Sotheby’s New York Contemporary [...]
Q&A With Managing Partners of Liquid Rarity Exchange Part 2 – artmarketblog.com Liquid Rarity Exchange (LRE) is a business method patent development and licensing company that has been granted the exclusive rights to the establishment of a new and innovative financial exchange archetype based on the securitization of tangible assets – in other words, a [...]
Q&A With Managing Partners of Liquid Rarity Exchange Part 1 – artmarketblog.com The Liquid Rarity Exchange (LRE) is a new art investment system that facilitates the securitization of investment-grade rare and precious assets – in other words, a system allowing art to be owned in fractional shares and publicly traded for the first time. Nic Forrest, [...]
From Yearly VIP Art Fair to Year-Round VIP Art – artmarketblog.com In an effort to take advantage of the rapidly developing online art market, the people behind the annual online VIP Art Fair have announced that the site will be transformed to a year-round online art market portal which will be known as VIP Art. [...]
Art Futures Group Use Social Media to Promote Art Investment – artmarketblog.com Art Futures Group, the world’s leading brokerage firm specialising in contemporary Asian art, is taking advantage of the social media phenomenon, and the progression of the online market for fine art, by offering their clients the opportunity to view their entire artwork portfolio [...]
Could Macau Trump Hong Kong’s Art Market Status? – artmarketblog.com A globally renowned gamblers paradise and tourism hotspot, Macau is emerging as a key destination for the sale of antiques and fine art thanks to an increase in the number of tourists and an incredibly strong gaming industry. The only place in China where gambling [...]
Redline Bid High for Artnet Shares in Takeover Bid – artmarketblog.com The artnet takeover saga continues with Luxembourg-based asset management company Redline Capital Management S. A. announcing that they will offer shareholders of the online transaction platform for the art market EUR 6.40 cash per share. Representing an attractive premium of more than 31 pct [...]
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 [...]
China Guardian Raid Art Colleges for New Talent – artmarketblog.com After scouring Chinese art colleges for the very best works by emerging contemporary Chinese artist, Chinese auction giant China Guardian will hold a sale of College Era-2012 Excellent Artworks of Chinese Art Colleges on the 18th of June. More than 500 arts and comprehensive colleges [...]
Cheaper Alternatives Trump Megabuck Art Auction Favourites – artmarketblog.com Christie’s, Phillips de Pury and Sotheby’s have had a stellar few weeks producing new auction records for a long list of artists including Mark Rothko, Ai Weiwei, Roy Lichtenstein, Edvard Munch, Alexander Calder, Jackson Pollock, Yves Klein, Gerhard Richter and Cy Twombly. Included in those artist [...]
