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	<title>Art Market Blog - artmarketblog.com &#187; art price</title>
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		<title>Artprice Launches My Art Collection &#8211; artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2009/01/28/artprice-launches-my-art-collection-artmarketblogcom/</link>
		<comments>http://www.artmarketblog.com/2009/01/28/artprice-launches-my-art-collection-artmarketblogcom/#comments</comments>
		<pubDate>Wed, 28 Jan 2009 04:08:59 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<description><![CDATA[Artprice Launches My Art Collection &#8211; artmarketblog.com Artprice has just announced the launch My Art Collection, the first free and confidential art portfolio management service. This service, now available to Artprice&#8217;s 1,300,000 subscribers is available as of today for professional or amateur art collectors anywhere in the world. http://web.artprice.com/portfolio/login.aspx However much you spend on art, [...]
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</ol>]]></description>
			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Artprice Launches My Art Collection &#8211; artmarketblog.com</span></p>
<p>Artprice has just announced the launch My Art Collection, the first free and confidential art portfolio management service. This service, now available to Artprice&#8217;s 1,300,000 subscribers is available as of today for professional or amateur art collectors anywhere in the world. <a target="_blank" href="http://web.artprice.com/portfolio/login.aspx">http://web.artprice.com/portfolio/login.aspx</a></p>
<p>However much you spend on art, the value of your collection is evolving at an ever-faster pace as the art market becomes increasingly sensitive to economic and geopolitical events. With Artprice&#8217;s unique and free service My Art Collection, you can follow the value evolution of your collection as a whole with regular revaluations for each of the works in the portfolio.</p>
<p>Using a simple tool that takes full advantage of Artprice&#8217; knowledge in the sector as world leader in art market information, collectors can follow the financial value of their works and their portfolios at just a glance.</p>
<p>This exclusive service enables Artprice subscribers to take full advantage of their immediate access to Artprice&#8217;s leading standardised marketplace and to buy or sell elements in their collections in reaction to market fluctuations.</p>
<p>Moreover, in just a couple of clicks, Artprice subscribers can access the pay-service Artpricing: within 48 hours, our analysts (art historians, professionals and econometricians) can provide updated valuation of works. Artprice subscribers can also access the Artprice databases which contain more than 25 million auction results, indices and price statistics for over 405,000 artists.</p>
<p>In addition, this portfolio valuation service will give our subscribers access to online insurance services with quotes calculated in real time by Artprice and its art insurance partners, thereby accelerating the notion of an immediate financial guarantee of their works.</p>
<p>The art market is increasingly reactive. Its principal players are seeking fast and reliable information. My Art Collection by Artprice(R) is today the perfect tool to provide art collectors with the kind of economic information they need. Accessible to all Artprice subscribers, My Art Collection by Artprice is a service that scrupulously respects the confidentiality of its users and protects all personal and private information.</p>
<p>Since 1987, Artprice&#8217;s econometrics department has been developing index calculation algorithms based on Artprice&#8217;s unique skills and databases. These indices and indicators are today the reference on the art market and have made Artprice the global leader in art market information.</p>
<p>The econometrics department uses its skills to create innovative tools that greatly enhance the transparency of the art market. The Art Market Confidence Index (the reference indicator measuring the confidence of art market professionals) and the Art Price Global Indices (price indices calculated on the basis of 25 million auction results worldwide) are just two such products that are today absolutely indispensable for those wishing to gauge the health of the market.</p>
<p>In 2009, despite a financial and economic crisis that all major institutions agree is of historic proportions, the Art Market Confidence Index &#8211; which reflects the views and expectations of its 1,300,000 subscribers in real-time &#8211; shows a substantial correction of art market prices; but the instrument itself has contributed to greater overall confidence in the market, particularly with respect to liquidity and acquisition timing. So far, the data from Artprice&#8217;s standardised marketplace has indeed been entirely coherent with the AMCI. <a target="_blank" href="http://web.artprice.com/amci/">http://web.artprice.com/amci/</a></p>
<p>Source: <a target="_blank" href="http://www.artprice.com">http://www.artprice.com</a> (c)1987-2009 thierry Ehrmann</p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Artprice Launches My Art Collection   artmarketblog.com" width="80" height="86" title="Artprice Launches My Art Collection   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;max-height:2000px;max-width:2000px;min-width:0;min-height:0;font-style:normal;font-weight:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Artprice Launches My Art Collection   artmarketblog.com"  title="Artprice Launches My Art Collection   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications.<br />
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<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.artmarketblog.com%2F2009%2F01%2F28%2Fartprice-launches-my-art-collection-artmarketblogcom%2F&amp;title=Artprice%20Launches%20My%20Art%20Collection%20%26%238211%3B%20artmarketblog.com" id="wpa2a_2"><img src="http://www.artmarketblog.com/wp-content/plugins/add-to-any/share_save_256_24.png" width="256" height="24" alt="share save 256 24 Artprice Launches My Art Collection   artmarketblog.com"  title="Artprice Launches My Art Collection   artmarketblog.com" /></a></p><p>Related posts:</p><ol>
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</ol>]]></content:encoded>
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		<title>Danger of Careless Art Market Talk &#8211; artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2008/08/27/danger-of-careless-art-market-talk-artmarketblogcom/</link>
		<comments>http://www.artmarketblog.com/2008/08/27/danger-of-careless-art-market-talk-artmarketblogcom/#comments</comments>
		<pubDate>Wed, 27 Aug 2008 03:37:12 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<guid isPermaLink="false">http://artforprofits.wordpress.com/?p=709</guid>
		<description><![CDATA[Danger of Careless Art Market Talk &#8211; artmarketblog.com A Sotheby&#8217;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 [...]
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</ol>]]></description>
			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Danger of Careless Art Market Talk &#8211; artmarketblog.com</span></p>
<p><a href="http://www.artmarketblog.com/wp-content/uploads/2008/08/careless-talk1.jpg"><img class="size-full wp-image-711 alignright" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/careless-talk1.jpg" alt="careless talk1 Danger of Careless Art Market Talk   artmarketblog.com" width="288" height="416" title="Danger of Careless Art Market Talk   artmarketblog.com" /></a>A Sotheby&#8217;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 an article in the Australian newspaper, Georgina Pemberton, Sotheby&#8217;s head of paintings, described last night&#8217;s result as &#8220;a reflection of our economic climate and we are now going through a correction in the art market&#8221; After making this comment to the Australian newspaper, Georgina then went on to make the following comment regarding the auction to Bloomberg news &#8220;Some of the collectors are becoming more conservative, but overall the art market is still very strong&#8221;.  Hmmm, seems like someone doesn&#8217;t know whether they are coming or going.</p>
<p>Other than the fact that these two statements contradict themselves, stating that the market is currently experiencing a correction that is seemingly based on this one sale is rather silly.  A market correction is generally understood to mean a drop of between 10% and 20% in a financial market over a short period of time which would require a general market downward trend.  Taking into consideration that there has been very little indication that the market is losing strength other than the Sotheby&#8217;s auction and that there are no figures relating to the definition of a market correction to back this statement up, to state that the market is experiencing a correction is very premature and at this point, incorrect.</p>
<p>Further evidence that the market is not in a correction came from an auction that took place the next evening by Bonhams and Goodman which experienced a far different result to Sothebys.  According to the Bonhams and Goodman website &#8220;Record numbers had inspected the paintings at viewings in Sydney and Melbourne, with over 1500 people attending the auction venues, 30% up on the numbers for April.  On auction night 250 people packed the Prahran saleroom to see Masterpieces of Australian Art from The Julian &amp; Miriam Sterling Collection sell for $1,976,000 (including buyer&#8217;s premium), well over the lower estimate published in the catalogue. The sale of the Australian Fine Art catalogue contributed another $3 million to the result. &#8221;  Geoffrey Smith, Director &amp; National Head of Art at Bonhams and Goodman went on to comment that &#8220;It was our most successful sale ever.&#8221;  In total $4.9 million of art was sold against a lower estimate of $3.6 million although interestingly, only 49% of works sold which was the same percentage of works that sold at the Sotheby&#8217;s auction.  What these results do show is that people are paying more money for the best works and that, although the sale rates may give the appearance of a correction, an proper analysis of the whole market points to more of a market transformation (ie. a change in buying trends and habits as opposed to a down-turn)</p>
<p>Another telling indication that the problem may be with Sotheby&#8217;s and not the market is the fact that only around 150 reportedly turned up at the Sotheby&#8217;s auction compared with 250 at the Bonhams and Goodman auction.  With several more important art auction scheduled in Australia over the coming weeks it will be interesting to see what the results will be.</p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Danger of Careless Art Market Talk   artmarketblog.com" width="80" height="86" title="Danger of Careless Art Market Talk   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Danger of Careless Art Market Talk   artmarketblog.com"  title="Danger of Careless Art Market Talk   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications<br />
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<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.artmarketblog.com%2F2008%2F08%2F27%2Fdanger-of-careless-art-market-talk-artmarketblogcom%2F&amp;title=Danger%20of%20Careless%20Art%20Market%20Talk%20%26%238211%3B%20artmarketblog.com" id="wpa2a_4"><img src="http://www.artmarketblog.com/wp-content/plugins/add-to-any/share_save_256_24.png" width="256" height="24" alt="share save 256 24 Danger of Careless Art Market Talk   artmarketblog.com"  title="Danger of Careless Art Market Talk   artmarketblog.com" /></a></p><p>Related posts:</p><ol>
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		<title>Damien Hirst Screws Himself – artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2008/08/26/damien-hirst-screws-himself-artmarketblogcom/</link>
		<comments>http://www.artmarketblog.com/2008/08/26/damien-hirst-screws-himself-artmarketblogcom/#comments</comments>
		<pubDate>Tue, 26 Aug 2008 02:26:31 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<description><![CDATA[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 [...]
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<li><a href='http://www.artmarketblog.com/2008/08/06/the-saville-sister-act-artmarketblogcom/' rel='bookmark' title='The Saville Sister Act &#8211; artmarketblog.com'>The Saville Sister Act &#8211; artmarketblog.com</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Damien Hirst Screws Himself – artmarketblog.com</span></p>
<p><img class="alignright size-medium wp-image-705" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/hirst-shark.jpg?w=300" alt=" Damien Hirst Screws Himself – artmarketblog.com" width="300" height="192" title="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 works and photo realist paintings.</p>
<p>In continuation from my previous post on this auction I have conducted some further research on Damien Hirst and the market for his work which resulted in some rather interesting results.  The online art auction result database Artprice.com lists a total of 1013 Damien Hirst works sold at auction since 1992, 169 of which were auctioned in 2007 which means that the Sotheby’s auction of 223 Damien Hirst works will account for more than a years worth of auction results.  Comparatively, Jeff Koons, who is 10 years Damien’s senior, only has 524 auction recorded auction results since 1991.</p>
<p>The fact that Hirst has made the decision to sell at auction partly because the commission rates charged by an auction house are lower than those charged by most galleries suggests that his motivation is mostly, if not purely, financial.  Although the demand for Hirst’s work is very high there are already plenty of works on the market due to the huge number of works that Hirst produces. This makes me wonder how many people will be buying from this auction purely because of the nature of the sale as opposed to the quality, price or attraction of the work on offer.  I would say probably lots.  If there are lots of people buying purely as a result of the nature of the sale then this could result in people buying works from this auction at inflated prices created by a false perception of scarcity and immediacy created by Sothebys when in fact there are already plenty of Hirst works available for sale elsewhere.</p>
<p>There are basically two different outcomes for this auction both of which I perceive as being potentially detrimental to Hirst’s career.  Firstly, a successful sale where a majority of the works are sold for above estimate will result in a glut of Damien Hirst works being thrust onto the market which could well result in the demand and desirability Hirst’s work to drop due to the availability of works increasing dramatically.  The effect that the sale of these works will have on the market for Hirst’s work depends on how many people are purchasing with the intention of on-selling within a short period of time. Scenario number two is that the sale goes terribly which would of course result in Hirst’s reputation and value dropping.</p>
<p>To be continued….</p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Damien Hirst Screws Himself – artmarketblog.com" width="80" height="86" title="Damien Hirst Screws Himself – artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Damien Hirst Screws Himself – artmarketblog.com"  title="Damien Hirst Screws Himself – artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications<br />
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<li><a href='http://www.artmarketblog.com/2008/08/24/oz-artist-resale-royalty-boosted-artmarketblogcom/' title='Oz Artist Resale Royalty Boost &#8211; artmarketblog.com'>Oz Artist Resale Royalty Boost &#8211; artmarketblog.com</a></li>
<li><a href='http://www.artmarketblog.com/2008/08/22/indian-art-fair-and-summit-08-artmarketblogcom/' title='Indian Art Fair and Summit 08 &#8211; artmarketblog.com'>Indian Art Fair and Summit 08 &#8211; artmarketblog.com</a></li>
<li><a href='http://www.artmarketblog.com/2008/08/20/hirst-art-auction-reality-part-1-artmarketblogcom/' title='Hirst Art Auction Reality Part 1 &#8211; artmarketblog.com'>Hirst Art Auction Reality Part 1 &#8211; artmarketblog.com</a></li>
<li><a href='http://www.artmarketblog.com/2008/08/18/affordable-investment-art-12-artmarketblogcom/' title='Affordable Investment Art 12 &#8211; artmarketblog.com'>Affordable Investment Art 12 &#8211; artmarketblog.com</a></li>
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<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.artmarketblog.com%2F2008%2F08%2F26%2Fdamien-hirst-screws-himself-artmarketblogcom%2F&amp;title=Damien%20Hirst%20Screws%20Himself%20%E2%80%93%20artmarketblog.com" id="wpa2a_6"><img src="http://www.artmarketblog.com/wp-content/plugins/add-to-any/share_save_256_24.png" width="256" height="24" alt="share save 256 24 Damien Hirst Screws Himself – artmarketblog.com"  title="Damien Hirst Screws Himself – artmarketblog.com" /></a></p><p>Related posts:</p><ol>
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		<title>Oz Artist Resale Royalty Boost &#8211; artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2008/08/24/oz-artist-resale-royalty-boosted-artmarketblogcom/</link>
		<comments>http://www.artmarketblog.com/2008/08/24/oz-artist-resale-royalty-boosted-artmarketblogcom/#comments</comments>
		<pubDate>Sun, 24 Aug 2008 02:40:53 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<description><![CDATA[Oz Artist Resale Royalty Boost &#8211; 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&#8217;s resale right in Australia. Just because the current Australian government made the decision to introduce a resale royalty [...]
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<li><a href='http://www.artmarketblog.com/2008/07/18/inflated-artist-syndrome-artmarketblogcom/' rel='bookmark' title='Inflated Artist Syndrome – artmarketblog.com'>Inflated Artist Syndrome – artmarketblog.com</a></li>
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</ol>]]></description>
			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Oz Artist Resale Royalty Boost &#8211; artmarketblog.com</span></p>
<p><img class="alignright size-full wp-image-700" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/art-buyers.jpg" alt="art buyers Oz Artist Resale Royalty Boost   artmarketblog.com" width="266" height="265" title="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&#8217;s resale right in Australia.  Just because the current Australian government made the decision to introduce a resale royalty scheme does not mean that the whole resale royalty saga is over.  All that the Australian government has done is made the promise to implement a resale royalty, they have not said when it will be implemented or what model will be implemented.  There are many different resale royalty model options that the government could choose to implement some of which are downright ridiculous and potentially ineffective.</p>
<p>On Friday an announcement was made that will be signal a major boost to the Australian art world with a press release being made public announcing that Joanna Cave, CEO of the UK&#8217;s primary copyright and collecting society for artists and visual creators DACS (Design and Artists Copyright Society), will be moving to Australian in January 2009. Joanna will be moving to Australia to take up the position of CEO of Australia&#8217;s copyright and collecting society for artists and visual creators and sister society of DACS, Viscopy.  What makes this announcement so exciting is that Joanna Cave is probably the world&#8217;s most knowledgeable and experienced person on the resale right for visual artists having successfully implemented the resale right in the UK.  Now that such an influential person will be coming to Australia there is a much better chance that the resale right model that is implemented will be the most effective and managable model.  There is also now a much better chance that the resale right will be implemented smoothly, effectively and with the smallest amount of disruption due to the experience, knowledge and wisdom of Joanna cave.</p>
<p>See the press release from DACS below.</p>
<p>Design and Artists Copyright Society</p>
<p>News release</p>
<p>22 August 2008</p>
<p>CHANGE OF LEADERSHIP AT DACS</p>
<p>DACS’ Board of Directors today announced the resignation of Chief Executive Joanna Cave after eight years of dynamic leadership.</p>
<p>During that time, DACS (the Design and Artists Copyright Society) has changed in both size and profile, and now enjoys a strong reputation among artists whilst generating almost £9 million annually through its three rights management services.</p>
<p>Most recently, Joanna led the campaign for the Artist’s Resale Right in the UK &#8211; against fierce opposition in some quarters – which culminated in the government introducing legislation that delivers genuine benefit to artists without harming the market for art.</p>
<p>Since 2006, DACS has collected £6.3 million in resale royalties for over 1500 artists and DACS’ service is recognised as the best in the world.</p>
<p>DACS Chair Andrew Potter says: ‘Many thousands of artists, designers and photographers have every reason to be grateful to Joanna for her hard-won achievements on their behalf. She leaves DACS in great shape, doing a brilliant job on behalf of its members. I, the Board and everyone at DACS will miss her greatly, both professionally and personally. Everyone who works with Jo holds her in the highest regard.’</p>
<p>It is the success of the UK Resale Right campaign that has led Joanna to her next challenge, spearheading the campaign for the Artist’s Resale Right in Australia and New Zealand.</p>
<p>Michael Keighery, Chair of DACS’s equivalent organisation, VISCOPY, in Sydney, says: ‘Jo has been a tireless advocate for artists in the UK and on the international stage. Under her leadership Australian and New Zealand artists can look forward to VISCOPY championing their rights with great commitment and energy.’</p>
<p>Joanna says: ‘It’s a privilege to have been part of the DACS success story and leaving after eight happy years is going to be a wrench. But I am excited about the opportunity to work on behalf of artists in Australia and New Zealand. The Artist’s Resale Right is hugely important not least for indigenous artists, many of whom continue to be poorly rewarded for their work, despite its current popularity throughout the world’.</p>
<p>Joanna Cave will take up her new post in Australia in January 2009. DACS has commenced its search for her successor. Details of the vacancy will be available on www.dacs.org.uk.</p>
<p>For further information, please call Joanne Milmoe on 020 7336 8811.</p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Oz Artist Resale Royalty Boost   artmarketblog.com" width="80" height="86" title="Oz Artist Resale Royalty Boost   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Oz Artist Resale Royalty Boost   artmarketblog.com"  title="Oz Artist Resale Royalty Boost   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications<br />
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<li><a href='http://www.artmarketblog.com/2008/08/26/damien-hirst-screws-himself-artmarketblogcom/' title='Damien Hirst Screws Himself – artmarketblog.com'>Damien Hirst Screws Himself – artmarketblog.com</a></li>
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<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.artmarketblog.com%2F2008%2F08%2F24%2Foz-artist-resale-royalty-boosted-artmarketblogcom%2F&amp;title=Oz%20Artist%20Resale%20Royalty%20Boost%20%26%238211%3B%20artmarketblog.com" id="wpa2a_8"><img src="http://www.artmarketblog.com/wp-content/plugins/add-to-any/share_save_256_24.png" width="256" height="24" alt="share save 256 24 Oz Artist Resale Royalty Boost   artmarketblog.com"  title="Oz Artist Resale Royalty Boost   artmarketblog.com" /></a></p><p>Related posts:</p><ol>
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		<title>Indian Art Fair and Summit 08 &#8211; artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2008/08/22/indian-art-fair-and-summit-08-artmarketblogcom/</link>
		<comments>http://www.artmarketblog.com/2008/08/22/indian-art-fair-and-summit-08-artmarketblogcom/#comments</comments>
		<pubDate>Fri, 22 Aug 2008 16:46:48 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<description><![CDATA[Indian Art Fair and Summit 08 &#8211; artmarketblog.com Today marks the start of the Indian Art Summit, India&#8217;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 &#8220;India Art Summit™ 2008 has received an overwhelming response with over [...]
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			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Indian Art Fair and Summit 08 &#8211; artmarketblog.com</span></p>
<p><img class="size-full wp-image-695 alignright" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/logo_ias1.gif" alt="logo ias1 Indian Art Fair and Summit 08   artmarketblog.com" width="173" height="84" title="Indian Art Fair and Summit 08   artmarketblog.com" />Today marks the start of the Indian Art Summit, India&#8217;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 (<a target="_blank" href="http://www.indiaartsummit.com">http://www.indiaartsummit.com</a>) the &#8220;India Art Summit™ 2008 has received an overwhelming response with<img class="size-full wp-image-697 alignright" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/artnews_img2.jpg" alt="artnews img2 Indian Art Fair and Summit 08   artmarketblog.com" width="170" height="111" title="Indian Art Fair and Summit 08   artmarketblog.com" /> over 90 applications from galleries and art businesses. The art fair will house 34 of the best exhibitiors of Indian art representing over 12 regions from India &amp; overseas. The India Art Summit™ will therefore showcase the most diverse range of modern and contemporary paintings, sculpture, photography, mix media, prints, drawings and video art by veterans and upcoming artists from across the country. The 3 days in August will see the largest congregation of art collectors, a new wave of investors and art lovers from different geographies.&#8221;</p>
<p><img class="size-full wp-image-696 alignright" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/artnews_img1.jpg" alt="artnews img1 Indian Art Fair and Summit 08   artmarketblog.com" width="170" height="111" title="Indian Art Fair and Summit 08   artmarketblog.com" />It is no secret that the market for contemporary Indian art is red hot but you may be surprised to learn that an Australian gallery was partly responsible for one of the first major international touring shows of contemporary Indian.  The exhibition, titled “Edge of desire: recent art in India”, was a joint initiative of the Art Gallery of Western Australia and the Asia Society in New York that, according to the exhibition catalogue, captured “the breadth and depth of practice in India and demonstrated why Indian art today plays such a vital role in the current international art scene.  The first stop for the traveling exhibition was the Art Gallery of Western Australia from the 25 Sept 2004 &#8211; 9 January 2005 after which the exhibition moved to the United States where it was shown at the Asia Society and Museum from March 1 – June 5, 2005 and then the Queens Museum of Art from February 27 – June 5, 2005.</p>
<p>The fact that Australian’s have shown such an interest in Indian art is not that surprising when you consider between similarities between Australia’s beloved Aboriginal art and Indian art.  Both cultures, for instance, have extremely old and unique visual and pictoral traditions that are key components in the visual representation and expression of various components of their culture with a particular focus on spiritual and religious beliefs.  Both cultures have also experienced, and continue to experience, a sort of identity crisis at the heart of which is a struggle to maintain and preserve their traditions in a rapidly developing and progressing world.  This struggle between tradition and contemporary society is often played out on canvas with many Australian Aboriginal and Indian artists having adapted the traditional visual representation of their social values, spiritual beliefs and cultural practices to the modern mediums of video, photography and installation.  Many of Australia&#8217;s indigenous artists also use art as an expression of the trials and tribulations that a relatively unchanged ancient culture have faced, and continue to face, in a rapidly changing environment &#8211; just as many contemporary Indian artists do.</p>
<p class="MsoNormal">As an art collector and investor whose latest purchase was a print by the fantastic Indian artist Manjunath Kamath, I can tell you now that I will be continuing to expand my collection of contemporary Indian for as long as contemporary Indian artists continue to produce such amazing work.</p>
<p class="MsoNormal"><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Indian Art Fair and Summit 08   artmarketblog.com" width="80" height="86" title="Indian Art Fair and Summit 08   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Indian Art Fair and Summit 08   artmarketblog.com"  title="Indian Art Fair and Summit 08   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications</p>
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<li><a href='http://www.artmarketblog.com/2008/08/26/damien-hirst-screws-himself-artmarketblogcom/' title='Damien Hirst Screws Himself – artmarketblog.com'>Damien Hirst Screws Himself – artmarketblog.com</a></li>
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<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.artmarketblog.com%2F2008%2F08%2F22%2Findian-art-fair-and-summit-08-artmarketblogcom%2F&amp;title=Indian%20Art%20Fair%20and%20Summit%2008%20%26%238211%3B%20artmarketblog.com" id="wpa2a_10"><img src="http://www.artmarketblog.com/wp-content/plugins/add-to-any/share_save_256_24.png" width="256" height="24" alt="share save 256 24 Indian Art Fair and Summit 08   artmarketblog.com"  title="Indian Art Fair and Summit 08   artmarketblog.com" /></a></p><p>Related posts:</p><ol>
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<li><a href='http://www.artmarketblog.com/2008/07/21/precociousness-plagues-art-market-artmarketblogcom/' rel='bookmark' title='Precociousness Plagues Art Market &#8211; artmarketblog.com'>Precociousness Plagues Art Market &#8211; artmarketblog.com</a></li>
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		<title>Hirst Art Auction Reality Part 1 &#8211; artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2008/08/20/hirst-art-auction-reality-part-1-artmarketblogcom/</link>
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		<pubDate>Wed, 20 Aug 2008 14:33:11 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<description><![CDATA[Hirst Art Auction Reality Part 1 &#8211; artmarketblog.com The upcoming auction of new works by Damien Hirst to be conducted by Sotheby’s (see here) has generated a huge amount of hype that is sure to result in a packed saleroom and at least a few major results. According to the Sotheby’s website the auction, which [...]
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<li><a href='http://www.artmarketblog.com/2008/08/12/celebrity-art-collectors-revealed-artmarketblogcom/' rel='bookmark' title='Celebrity Art Collectors Revealed &#8211; artmarketblog.com'>Celebrity Art Collectors Revealed &#8211; artmarketblog.com</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Hirst Art Auction Reality Part 1 &#8211; artmarketblog.com</span></p>
<p><a target="_blank" href="http://www.artmarketblog.com/wp-content/uploads/2008/08/hirst-spin.jpg"><img class="alignright size-medium wp-image-687" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/hirst-spin.jpg?w=298" alt=" Hirst Art Auction Reality Part 1   artmarketblog.com" width="298" height="300" title="Hirst Art Auction Reality Part 1   artmarketblog.com" /></a>The upcoming auction of new works by Damien Hirst to be conducted by Sotheby’s (see <a href="http://files.shareholder.com/downloads/BID/207053508x0x216021/7c9622f5-46ee-4c34-9af4-4c35f035db02/216021.pdf">here</a>) has generated a huge amount of hype that is sure to result in a packed saleroom and at least a few major results. According to the Sotheby’s website the auction, which has been given the rather romantic title &#8220;Beautiful Inside My Head Forever&#8221;, is “a major auction of works by Damien Hirst, [that] will include an important series of new pieces which have been created over the past two years, including monumental formaldehyde sculptures; paintings which expand on the artist&#8217;s classic themes such as butterflies, cancer cells and pills; exquisite new cabinets and insightful preparatory drawings.”</p>
<p>Ok, now that all that is out of the way, it is time for a reality check. I have identified many potential problems with this auction, the first being the fact that versions of many of the works being offered at the auction have already been sold at auction. It is no secret that Hirst gets as much mileage from each “theme” as he can, producing multiple versions of many of his works such as the spin paintings and butterfly paintings, which presents a conundrum for those planning on purchasing a version of such a work from the auction. Because of the hype surrounding the sale of these works it is quite likely that high prices will be paid for the works being auctioned. The conundrum is, is it worth paying more for one of the works from this auction considering that it is quite likely that a very similar work will be available for sale at a lower price elsewhere? . As far as I can see the answer is no because once the hype is over the buyers are potentially going to be left with a work of art similar to other works on the market except for the fact that they paid more for theirs.  And personally, I don’t see the fact that these works were part of a “landmark” auction as being enough to justify a higher value. For those of you thinking that people won&#8217;t pay more for a work of art just because it is being sold at a landmark auction event or because they don&#8217;t want the other ten people bidding for the work to have it, think again</p>
<p>Savvy investors and collectors would be better off purchasing a version of the works being offered at the Sotheby’s auction from elsewhere before the auction takes place to take advantage of the increase in price that the auction is likely to generate for Hirst’s work. Be warned though, that any price increase as a result of the auction may only last for a short period of time so to take advantage of the price increase may require any works purchased to be sold relatively soon after purchase. To be continued&#8230;</p>
<p>image:</p>
<p>Beautiful Helios Hysteria Intense Painting<br />
(with Extra Inner Beauty) (lot 227, Afternoon Sale)<br />
household gloss on canvas<br />
diameter: 45.7cm.<br />
executed in 2008<br />
estimate: £ 60,000-80,000<br />
€ 76,000-102,000<br />
US$ 119,000-158,000</p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Hirst Art Auction Reality Part 1   artmarketblog.com" width="80" height="86" title="Hirst Art Auction Reality Part 1   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Hirst Art Auction Reality Part 1   artmarketblog.com"  title="Hirst Art Auction Reality Part 1   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications<br />
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<li><a href='http://www.artmarketblog.com/2008/08/26/damien-hirst-screws-himself-artmarketblogcom/' title='Damien Hirst Screws Himself – artmarketblog.com'>Damien Hirst Screws Himself – artmarketblog.com</a></li>
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<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.artmarketblog.com%2F2008%2F08%2F20%2Fhirst-art-auction-reality-part-1-artmarketblogcom%2F&amp;title=Hirst%20Art%20Auction%20Reality%20Part%201%20%26%238211%3B%20artmarketblog.com" id="wpa2a_12"><img src="http://www.artmarketblog.com/wp-content/plugins/add-to-any/share_save_256_24.png" width="256" height="24" alt="share save 256 24 Hirst Art Auction Reality Part 1   artmarketblog.com"  title="Hirst Art Auction Reality Part 1   artmarketblog.com" /></a></p><p>Related posts:</p><ol>
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		<title>Affordable Investment Art 12 &#8211; artmarketblog.com</title>
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		<pubDate>Mon, 18 Aug 2008 14:54:40 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<description><![CDATA[Affordable Investment Art August 19 &#8211; artmarketblog.com In 2007 Britain&#8217;s Institute of Contemporary Art (ICA) launched a new project called All Tomorrow&#8217;s Pictures in conjunction Sony Ericsson which involves a number of high profile artists using the state-of-the-art Cyber-shot TM mobile phone manufactured by Sony Ericsson to produce an image which has been made available [...]
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			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Affordable Investment Art August 19 &#8211; artmarketblog.com</span></p>
<p><a href="http://www.artmarketblog.com/wp-content/uploads/2008/08/khan.jpg"><img class="alignright size-medium wp-image-682" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/khan.jpg" alt="khan Affordable Investment Art 12   artmarketblog.com" width="342" height="274" title="Affordable Investment Art 12   artmarketblog.com" /></a>In 2007 Britain&#8217;s Institute of Contemporary Art (ICA) launched a new project called All Tomorrow&#8217;s Pictures in conjunction Sony Ericsson which involves a number of high profile artists using the state-of-the-art Cyber-shot TM mobile phone manufactured by Sony Ericsson to produce an image which has been made available to purchase as a limited edition print.  The All Tomorrow&#8217;s Pictures project was launched as a celebration of the 60th anniversary of the Institute of Contemporary Art which was first established in 1947 by a group of artists, poets and writers as a meeting point for exploration between artists and audiences.  According to the ICA website: &#8220;since its establishment, it (the ICA) has been at the centre of many of the most significant artistic and cultural developments in the past 60 years. It has also introduced numerous artists, performers, writers and other cultural figures to a wider audience, both nationally and internationally.&#8221;</p>
<p>In total, 60 artists contributed images to the All Tomorrow&#8217;s Pictures 59 of whom were high profile artists invited by the ICA with the 50th artist selected from submissions by the public through an online competition.  Each artist was invited to produce a single image or series of images inspired by the theme of &#8216;Tomorrow&#8217; &#8211; using the Sony Ericsson K800i &#8211; a state-of-the-art Cyber-shot TM mobile phone.  The ICA describes the project as a &#8220;pioneering venture [that] aims to highlight the creative potential of fusing art and technology and present a searing vision of the future as imagined through the eyes of some of our most influential and creative talent&#8221;.  Highly desirable artists such as Idris Khan, Jake and Dinos Chapman, Sue Webster and Tim Noble, Tracey Emin and many others created works for the project each of which were produced in a limited edition of ten which range in price from 250 pounds to 350 pounds.</p>
<p>This unique project has resulted in some fantastic images, many of which have sold out, by a range of awesome artists that have been released as a very limited edition of affordable and good sized (A3) prints that can only be described as extremely good value for money.  To see the full range of prints available go here:</p>
<p><a target="_blank" href="http://www.ica.org.uk/?lid=14604">http://www.ica.org.uk/?lid=14604</a></p>
<p>image: Idris Khan, A Memory of Lampposts<br />
A3 print on inkjet photo satin paper. Printed with long term pigmented inks.</p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Affordable Investment Art 12   artmarketblog.com" width="80" height="86" title="Affordable Investment Art 12   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist  based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Affordable Investment Art 12   artmarketblog.com"  title="Affordable Investment Art 12   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications<br />
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<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.artmarketblog.com%2F2008%2F08%2F18%2Faffordable-investment-art-12-artmarketblogcom%2F&amp;title=Affordable%20Investment%20Art%2012%20%26%238211%3B%20artmarketblog.com" id="wpa2a_14"><img src="http://www.artmarketblog.com/wp-content/plugins/add-to-any/share_save_256_24.png" width="256" height="24" alt="share save 256 24 Affordable Investment Art 12   artmarketblog.com"  title="Affordable Investment Art 12   artmarketblog.com" /></a></p><p>Related posts:</p><ol>
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		<title>2008 Aboriginal Art Awards &#8211; artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2008/08/16/2008-aboriginal-art-awards-artmarketblogcom/</link>
		<comments>http://www.artmarketblog.com/2008/08/16/2008-aboriginal-art-awards-artmarketblogcom/#comments</comments>
		<pubDate>Sat, 16 Aug 2008 14:24:42 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<guid isPermaLink="false">http://artforprofits.wordpress.com/?p=674</guid>
		<description><![CDATA[2008 Aboriginal Art Awards &#8211; artmarketblog.com Well, today is my last day in the extremely beautiful Darwin which, as well as being the capital city of Australia&#8217;s Northern Territory, is the centre of the world renowned Australian Aboriginal art movement. Last night at the Museum and Art Gallery of the Northern Territory, the winners of [...]
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</ol>]]></description>
			<content:encoded><![CDATA[<p><span style="color:#ff0000;">2008 Aboriginal Art Awards &#8211; artmarketblog.com</span></p>
<p><a target="_blank" href="http://www.artmarketblog.com/wp-content/uploads/2008/08/makinti-napanangka_lg.jpg"><img class="alignright size-medium wp-image-675" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/makinti-napanangka_lg.jpg?w=203" alt=" 2008 Aboriginal Art Awards   artmarketblog.com" width="203" height="300" title="2008 Aboriginal Art Awards   artmarketblog.com" /></a>Well, today is my last day in the extremely beautiful Darwin which, as well as being the capital city of Australia&#8217;s Northern Territory, is the centre of the world renowned Australian Aboriginal art movement.  Last night at the Museum and Art Gallery of the Northern Territory, the winners of the Telstra National Aboriginal &amp; Torres Strait Islander Art Award were announced during an outdoor celebration which took place in a spectacular location on the edge looking out onto the water which framed a brief but mesmerising Darwin sunset.  The Telstra National Aboriginal &amp; Torres Strait Islander Art Award is a really big deal for the Australian art market as well as for Australia&#8217;s Indigenous artists many of whom live in third world conditions.  A first price of $40,000 is a lot of money in anyone&#8217;s books but for someone living in a remote desert community where many of the residents still live a very traditional lifestyle that involves periods of &#8220;going bush&#8221; (periods of living out in the bush as the Aboriginal did prior to the occupation of their country by white people).  Winning a Telstra Art Award pretty much guarantees that the value of that artist&#8217;s work will be increase in value and desirability so every one who is anyone in the Australian art market has their radar tuned into the awards.  If you are wondering how important the Australian Aboriginal Art movement is to the art world then consider that Australian Aboriginal culture can claim to be the oldest continuous living culture on the planet (more info here: <a href="http://en.wikipedia.org/wiki/Australian_Aboriginal_art">http://en.wikipedia.org/wiki/Australian_Aboriginal_art</a></p>
<p><a href="http://www.artmarketblog.com/wp-content/uploads/2008/08/d_nona.jpg"><img class="alignright size-full wp-image-676" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/d_nona.jpg" alt="d nona 2008 Aboriginal Art Awards   artmarketblog.com" width="332" height="560" title="2008 Aboriginal Art Awards   artmarketblog.com" /></a>Although I had already spent three days wondering around the Darwin Aboriginal Art Fair I was saving my money for the last day of the fair which was also the day after the announcement of the winners of the Aboriginal art awards.  The reason that I was saving my money was that many of the artists whose work had been entered into the award was available at the fair meaning that the likelihood of me picking up a work by a winner of an award at the fair before the price of that artist&#8217;s works reflected the accolade.  Sure enough, works by all of the artists who won one of the four awards on offer were available to be purchased from one of the art centres who were represented at the Darwin Art Fair.  My recent interest in some of the amazing prints being produced by Aboriginal artists had me particularly excited about finding out who the winner of the works on paper section of the awards would be.  To my delight, the winner was a world renowned Torres Strait islander artist by the name of Dennis Nona who also won the overall award last year.  Having seen a Dennis Nona print available for sale at the Darwin Art Fair the previous day I knew that this was the work I would be spending my money on, if it was still available.  Luckily for me the one and only Dennis Nona print for sale at the fair was still available when I arrived at the fair and was in my possession a short time later.  Suffice to say I was extremely pleased with what is a beautiful work of art and a great investment.</p>
<p>According to the Museums and Art Galleries of the Northern Territory  website,  &#8220;The $4,000 Telstra Works on Paper, was awarded to Dennis Nona from Badu Island, Torres Strait, Queensland, for his etching on paper, Dugam. Winner of last year’s $40,000 Telstra Award for his 3.5m bronze crocodile Ubirikubiri, Dennis is widely acknowledged as an important Torres Strait Islander artist. His entry in this year’s award is named after the star that is visible in the early morning sky for about two weeks during August and September. Its presence tells the Torres Strait Islanders that it is the time to harvest the wild yams, kutai, gabau and saurr&#8221;.  Dennis&#8217;s work is is held in most major Australian art institutions and in a number of important overseas collections including the National Gallery of Australia, National Gallery of Victoria, Queensland Art Gallery, Art Gallery of New South Wales, Art Gallery of South Australia, Museum of Contemporary Art, Sydney, Victoria and Albert Museum London, British Museum, London and Cambridge University Museum, UK.</p>
<p>To see more info on the Telstra National Aboriginal &amp; Torres Strait Islander Art Award check out these links:<br />
<a target="_blank" href="http://www.nt.gov.au/nreta/museums/exhibitions/natsiaa/25/index.html">http://www.nt.gov.au/nreta/museums/exhibitions/natsiaa/25/index.html</a></p>
<p><a target="_blank" href="http://www.nt.gov.au/nreta/museums/exhibitions/natsiaa/25/gallery/htmlversion/index.htm">http://www.nt.gov.au/nreta/museums/exhibitions/natsiaa/25/gallery/htmlversion/index.htm</a></p>
<p>Image one: Winner of the 2008 Telstra Art Award, Makinti Napanangka</p>
<p>Image two: Dennis Nona &#8211; Dugam, Etching on paper</p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" 2008 Aboriginal Art Awards   artmarketblog.com" width="80" height="86" title="2008 Aboriginal Art Awards   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist  based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t 2008 Aboriginal Art Awards   artmarketblog.com"  title="2008 Aboriginal Art Awards   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications<br />
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<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.artmarketblog.com%2F2008%2F08%2F16%2F2008-aboriginal-art-awards-artmarketblogcom%2F&amp;title=2008%20Aboriginal%20Art%20Awards%20%26%238211%3B%20artmarketblog.com" id="wpa2a_16"><img src="http://www.artmarketblog.com/wp-content/plugins/add-to-any/share_save_256_24.png" width="256" height="24" alt="share save 256 24 2008 Aboriginal Art Awards   artmarketblog.com"  title="2008 Aboriginal Art Awards   artmarketblog.com" /></a></p><p>Related posts:</p><ol>
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<li><a href='http://www.artmarketblog.com/2008/08/14/investing-in-print-makers-artmarketblogcom/' rel='bookmark' title='Investing in Print Makers &#8211; artmarketblog.com'>Investing in Print Makers &#8211; artmarketblog.com</a></li>
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		<title>Investing in Print Makers &#8211; artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2008/08/14/investing-in-print-makers-artmarketblogcom/</link>
		<comments>http://www.artmarketblog.com/2008/08/14/investing-in-print-makers-artmarketblogcom/#comments</comments>
		<pubDate>Thu, 14 Aug 2008 13:07:56 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<guid isPermaLink="false">http://artforprofits.wordpress.com/?p=669</guid>
		<description><![CDATA[Investing in Print Makers &#8211; artmarketblog.com While browsing the array of amazing works of art on offer at the Darwin Aboriginal Art Fair I came across some prints by a range of Aboriginal artists from the Torres Strait Island. The Torres Strait Island artists are particularly well known for their etchings and screen prints which [...]
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<li><a href='http://www.artmarketblog.com/2008/07/11/urgent-faile-buy-alert-artmarketblogcom/' rel='bookmark' title='Urgent Faile Buy Alert &#8211; artmarketblog.com'>Urgent Faile Buy Alert &#8211; artmarketblog.com</a></li>
<li><a href='http://www.artmarketblog.com/2008/07/25/ed-ruscha-affordable-edition-artmarketblogcom/' rel='bookmark' title='Ed Ruscha Affordable Edition &#8211; artmarketblog.com'>Ed Ruscha Affordable Edition &#8211; artmarketblog.com</a></li>
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			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Investing in Print Makers &#8211; artmarketblog.com</span></p>
<p><a href="http://www.artmarketblog.com/wp-content/uploads/2008/08/print-making.jpg"><img class="alignright size-medium wp-image-672" style="margin:3px;" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/print-making.jpg?w=225" alt=" Investing in Print Makers   artmarketblog.com" width="225" height="300" title="Investing in Print Makers   artmarketblog.com" /></a>While browsing the array of amazing works of art on offer at the Darwin Aboriginal Art Fair I came across some prints by a range of Aboriginal artists from the Torres Strait Island.  The Torres Strait Island artists are particularly well known for their etchings and screen prints which are extremely appealing and highly sought after.  Having spent most of my time looking at paintings I decided to take another walk around the fair and focus on the print work available as opposed to the myriad of paintings hanging from every available space.  To my surprise I found many of the prints that were available to be even more appealing than most of the paintings that I had seen and better value to boot.</p>
<p>For the same price as a mediocre painting by a relatively unknown artist I could pick up three awesome limited edition prints by some of the most desirable Aboriginal print makers.  What sparked my interest even more was the fact that most of the prints were by artists who are known first and foremost as print markers as opposed to, say, painters that transfer their images to prints.  By purchasing a limited edition print by an artist who is best known for their print work I am making a much better investment than if I was to purchase a work by a painter who produced prints.  The reason for this is that the primary medium that an artist works with is always going to be more desirable than a secondary medium which printmaking often is.  Printmaking is often seen as being a lesser form of art than printmaking because most artists use printmaking as a secondary source of income but there are still plenty of artists out there who are primarily print markers.  By purchasing works by such print markers you are not only making a good investment but you are able to purchase much better quality works for much less money.</p>
<p>You can see some of the Torres Strait Islander artist&#8217;s print work here:<br />
<a target="_blank" href="http://www.aboriginalartprints.com.au/_aboriginal_art_profile.cfm?CFID=2931062&amp;CFTOKEN=36876443">http://www.aboriginalartprints.com.au/_aboriginal_art_profile.cfm?CFID=2931062&amp;CFTOKEN=36876443</a></p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Investing in Print Makers   artmarketblog.com" width="80" height="86" title="Investing in Print Makers   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist  based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Investing in Print Makers   artmarketblog.com"  title="Investing in Print Makers   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications<br />
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		<title>Celebrity Art Collectors Revealed &#8211; artmarketblog.com</title>
		<link>http://www.artmarketblog.com/2008/08/12/celebrity-art-collectors-revealed-artmarketblogcom/</link>
		<comments>http://www.artmarketblog.com/2008/08/12/celebrity-art-collectors-revealed-artmarketblogcom/#comments</comments>
		<pubDate>Tue, 12 Aug 2008 15:02:41 +0000</pubDate>
		<dc:creator>artforprofits</dc:creator>
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		<description><![CDATA[Celebrity Art Collectors Revealed &#8211; artmarketblog.com Having a celebrity purchase one of their works is a sure fire way for the value of an artist’s work to skyrocket, so keeping an eye on which artists celebrities are purchasing works by is definitely worth the time. Over the years I have received heaps of notifications and [...]
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			<content:encoded><![CDATA[<p><span style="color:#ff0000;">Celebrity Art Collectors Revealed &#8211; artmarketblog.com</span></p>
<p><a href="http://www.artmarketblog.com/wp-content/uploads/2008/08/pap.jpg"><img class="alignright size-full wp-image-667" src="http://www.artmarketblog.com/wp-content/uploads/2008/08/pap.jpg" alt="pap Celebrity Art Collectors Revealed   artmarketblog.com" width="230" height="242" title="Celebrity Art Collectors Revealed   artmarketblog.com" /></a>Having a celebrity purchase one of their works is a sure fire way for the value of an artist’s work to skyrocket, so keeping an eye on which artists celebrities are purchasing works by is definitely worth the time. Over the years I have received heaps of notifications and tips on purchases of art by celebrities so I thought that I would go through my archives and make a list of some of the celebrities and the artist’s whose work they have purchased. I posted a list of celebrity art collectors a while ago but have since received many more tips so this is the updated list.  This is by no means an exhaustive list of all the artists these celebrities collect or have purchased works by but should give you an idea of the sort of work they are interested in.</p>
<p><span style="color:#0000ff;">Denise Rich</span> &#8211; Picasso, Robert Rauschenberg, Julian Schnabel</p>
<p><span style="color:#0000ff;">Michael Jordan</span> &#8211; Faith Ringgold</p>
<p><span style="color:#0000ff;">Oprah Winfrey</span> &#8211; Bernard Hoyes, Faith Ringgold</p>
<p><span style="color:#0000ff;">Denzel Washington</span> &#8211; Faith Ringgold</p>
<p><span style="color:#0000ff;">Sylvestor Stallone</span> &#8211; Bouguereau,Francis Bacon, Anselm Kiefer</p>
<p><span style="color:#0000ff;">Harrison Ford</span> &#8211; Edouard Vuillard, Pierre Bonnard</p>
<p><span style="color:#0000ff;">Richard Gere</span> &#8211; Joel Peter Witkin, Henri Cartier-Bresson</p>
<p><span style="color:#0000ff;">Joan Rivers</span> &#8211; J.W. Godward</p>
<p><span style="color:#0000ff;">Kirk Douglas</span> &#8211; Braque, Chaim Soutine, Maurice de Vlaminck, Marc Chagall, Edouard Vuillard, Piet Mondrian, Balthus, Alexej Jawlensky,</p>
<p><span style="color:#0000ff;">Grant Hill</span> &#8211; Elizabeth Catlett, Edward Jackson</p>
<p><span style="color:#0000ff;">Victoria Beckham</span> &#8211; Damien Hirst</p>
<p><span style="color:#0000ff;">Charlton Heston</span> &#8211; Andrew Wyeth</p>
<p><span style="color:#0000ff;">Steve Martin</span> &#8211; Picasso, Edward Hopper, Willem de Kooning, Georgia O’Keeffe, Cy Twombly, Helen Frankenthaler, Roy Lichtenstein, Picasso, Franz Kline</p>
<p><span style="color:#0000ff;">Steven Spielberg</span> &#8211; Norman Rockwell</p>
<p><span style="color:#0000ff;">Elton John</span> &#8211; Damien Hirst, Diane Arbus, Lucas Samaras, Henri Cartier-Bresson, Berenice Abbott, Man Ray, Helmut Newton and Alfred Stieglitz. Sam Taylor-Wood, Picasso, Francis Bacon, David Hockney, Andy Warhol, Julian Schnabel, Jean-Michel Basquiat, Nan Goldin, Matisse</p>
<p><span style="color:#0000ff;">Jack Nicholson</span> &#8211; Jack Vettriano, Cezanne, Tamara de Lempicka</p>
<p><span style="color:#0000ff;">Robbie Coltrane</span> &#8211; Jack Vettriano</p>
<p><span style="color:#0000ff;">Tim Rice</span> &#8211; Jack Vettriano</p>
<p><span style="color:#0000ff;">Gianni Versace</span> &#8211; Roy Lichtenstein, Andy Warhol and Jean-Michel Basquiat.</p>
<p><span style="color:#0000ff;">Madonna</span> &#8211; Frida Kahlo, Damien Hirst, Ferdinand Leger, Tamara de Lempicka and Picasso</p>
<p><span style="color:#0000ff;">Andrew Lloyd Webber</span> &#8211; Pre-Raphaelites, J.W. Godward</p>
<p><span style="color:#0000ff;">Jane Fonda</span> – Andy Warhol</p>
<p><span style="color:#0000ff;">Hugh Grant</span> – Andy Warhol</p>
<p><span style="color:#0000ff;">Angelina Jolie and Brad Pitt</span> – Banksy</p>
<p><span style="color:#0000ff;">Marc Jacobs</span> – Mike Kelly, Karen Kilimnik, John Currins, Ed Ruscha,  Richard Prince</p>
<p><span style="color:#0000ff;">Kevin Spacey</span> – Jason Benjamin</p>
<p><span style="color:#0000ff;">Elizabeth Taylor</span> – Van Gogh</p>
<p><span style="color:#0000ff;">Lionel Ritchie</span> – Sidney Nolan</p>
<p><span style="color:#0000ff;">Eric Clapton</span> &#8211; Carlos Rolon, Lee Quinones</p>
<p><span style="color:#0000ff;">David Bowie</span> – Balthus, Rubens, Tintoretto, Graham Sutherland and Stanley Spencer</p>
<p><span style="color:#0000ff;">Robbie Williams</span> – Andy Warhol</p>
<p><span style="color:#0000ff;">Kylie Minogue</span> – Tim Noble and Sue Webster</p>
<p><span style="color:#0000ff;">Tommy Steele</span> – L. S. Lowry, Pre-Raphaelites</p>
<p><span style="color:#0000ff;">The Galaghers</span> – Peter Blake</p>
<p><span style="color:#0000ff;">Dennis Hopper</span> &#8211; Ed Ruscha, Marcel Duchamp, Jean-Michel Basquiat</p>
<p><img src="http://www.artmarketblog.com/wp-content/uploads/2007/10/nice-nick.jpg?w=80&amp;h=86&amp;h=86" alt=" Celebrity Art Collectors Revealed   artmarketblog.com" width="80" height="86" title="Celebrity Art Collectors Revealed   artmarketblog.com" />**Nicholas Forrest is an art market analyst, art critic and journalist  based in Sydney, Australia. He is the founder of <a href="http://www.artmarketblog.com/">http://www.artmarketblog.com<img class="snap_preview_icon" style="border:0 none;min-width:0;font-weight:normal;min-height:0;max-width:2000px;max-height:2000px;font-style:normal;" src="http://i.ixnp.com/images/v3.25/t.gif" alt="t Celebrity Art Collectors Revealed   artmarketblog.com"  title="Celebrity Art Collectors Revealed   artmarketblog.com" /></a>, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications<br />
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