The Beautiful Art Revival: A Passion for the Pre-Raphaelites – artmarketblog.com For as long as I have been writing about the art market, the word “beauty” has been thought of by many as a sort of dirty word – especially to the cutting-edge contemporary art crowd many of whom would cringe at the its mere [...]
Last Chance to Invest in Desirable Artists at Royal Academy Auction – artmarketblog.com Works of art by some amazing artists are currently being sold by Britain’s Royal Academy. RA Now is a major exhibition and sale of work by 121 current Royal Academicians and Honorary Royal Academicians. It offers a unique opportunity to buy work donated [...]
Bonhams Sale of Richard Diebenkorn Print Leaves Market Green With Envy – artmarketblog.com The sale of Richard Diebenkorn’s etching Green, 1986 for US$ 338,500 inc. premium against an estimate of US$ 200,000 – 300,000 by Bonhams in San Francisco on the 23rd of October was the second highest price achieved for a print by the [...]
The Ai Weiwei Sunflower Seed Melee – artmarketblog.com I was recently informed by a representative from one of the first galleries to purchase a share of Ai Weiwei’s sunflower seed installation, titled Kui Hua Za (Sunflower Seeds), that they had purchased the work in 2009 on the understanding that it was a limited edition of [...]
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 [...]
Royalty and Celebrity Send Art Prices Sky High – artmarketblog.com Two very different examples of the influence that an association with a celebrity or a person of influence can have on the price of a work of art was apparent at two auctions held in recent weeks. The first was the sale of a painting [...]
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. [...]
Sotheby’s Partner with GeHua for Assault on Mainland China – artmarketblog.com Sotheby’s have strengthened their presence in mainland China by entering into a 10-year equity joint venture agreement with Beijing GeHua Art Company, a Chinese State-Owned Enterprise that is part of GeHua Cultural and Development Group.If the joint venture is approved by the Chinese governemnt, [...]
