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, [...]
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 [...]
French “Fringe” Artists Find Art Market Favour – artmarketblog.com A number of recent art auctions in America and France have produced results that suggest a surge in interest towards the work of French “fringe” artists such as Philippe Pasqua, Robert Combas both of whom have been the subject of major exhibitions over the last couple [...]
Top Ten Israeli Artists to Watch – artmarketblog.com The demand for art by Israeli artists has increased significantly over the last couple of years. In a recent post, titled Israel Takes Art Investment Seriously, I wrote about the Israeli interest in art investment and the art market. With this post I have chosen ten Israeli artists [...]
