Category: Investing

Latest World Art News about Investing, Investors, and Investments in Art, Antiques, and Collectibles.

Is Saudi Prince About To Buy $36M Chinese Ming Dynasty Statuettes

After our first publication about these rare $36 Million Chinese Ming Dynasty statuettes, The World Art News received further questions regarding their provenance, authenticity, valuation, and who may be the potential buyer of these unique artifacts. For answers we went straight to the source and took a sensational, exclusive, and provocative in-depth interview with their current owner, prof. Mikhail Tamoikin, Ph.D.

Professor Tamoikin was surprisingly candid with us and gave stunning answers to all our questions. If you ever wandered how the super-rich do business, negotiate, and operate in the art market, this interview is a Must-Read!

Could two Chinese Ming Dynasty statuettes be worth more than $36 Million

It appears that one major art fund is looking to find out. You might have heard that in 2014 a Shanghai-based art collector Liu Yiqian spent $36.3 million on a tiny porcelain Ming Dynasty cup. That news made the art reporters buzz for the whole year, bringing fame and fortune to Mr. Yiqian, and making it clear to the whole world that Chinese heritage has value, a lot of value!

The Tamoikin Art Fund (TAF) is clearly looking to test this theory, because recently it unveiled two ancient Chinese statuettes that have been attributed to the Ming Dynasty, which ruled China from 1368 to 1644.

The Problem with NFTs

Around February of this year, in the midst of the still-pending cryptocurrency boom, a sub-category of digital assets started to really take off. NonFungible.com reported that by the first quarter of 2021, over $2 billion worth of transactions had taken place in the NFT market. Musician Grimes sold almost $6 million worth of digital art via digital asset marketplace Nifty Gateway, who are partnered with Sotheby’s. Twitter founder Jack Dorsey auctioned his first ever tweet as an NFT, the final bid closing at $2.9 million. UFC Heavyweight Champion Francis Ngannou sold NFTs following his knockout victory over Stipe Miocic. The proceeds of the sale, $580,000, was actually more than his disclosed purse for the fight itself that earned him the belt. Despite the hype, in many regards serving as a speculator’s dream, NFTs come with inherent issues that threaten to hamper widespread and enduring adoption.

METRO NEWS: Soviet painting by Czeslaw Znamierowski sold in China for $120,000

Czeslaw Znamierowski, an artist who died forty years ago, is gaining fame in the 21st century. His artwork recently sold for $120,000 in China, setting a personal record.

Znamerovsky’s paintings began to be bought up by oriental auctions, galleries and collectors, according to the Chinese news agencies.

In a relatively short time, the cost of Cheslav Znamerovsky’s paintings increased from several hundred to tens of thousands and even hundreds of thousands of dollars.

Why Soviet Firearms are a Great Investment – Part 1: The SKS

Despite its relatively short term as the Soviet Union’s main battle rifle, this has not diminished the SKS rifle’s presence on the global market as an increasingly sought-after firearm that is both highly collectible and investible. There are in fact numerous reasons for this. The most readily apparent is the historical aspect. There is of course the SKS rifle’s iconic status as a classic WWII and Cold War era firearm of the Soviet Union. There is also its extensive use by other countries across numerous conflicts throughout history, including the Chinese Civil War and the Vietnam War. To this day, the SKS remains in active, secondary, and ceremonial use across the world.

3 Valuable Toy Cars & Trucks That Your Kids Could Be Playing With Right Now

Ever wanted to have a car dealership as a kid? Maybe you desired an exotic car collection but couldn’t afford it? Well, this is your lucky day! All over North America and the world at large, adults of many ages relive their childhood memories through their beloved childhood toy cars and truck, paying handsomely for specific models. Surprisingly, some of these toys aren’t even that old, but then again, neither are adults who seek them. Seriously, there are toy car dealers who make good money buying, selling, and trading these vehicles. If you think that’s crazy, we got news for you – toy car repair shops exist as well! So when your kids get back from their 4×4 off-road trip with a busted tire, you know where to go. Just don’t forget insurance.

Interview with an Art Banker, Thomas González – $133 Million in Loans | Part 2

Thomas says: “The toughest part of my career was to build that confidence step by step and on both sides: funding partners and art clients. It was like a wall of bricks. Brick by brick, loan by loan, I got better.”

“If you are on the art side, it is necessary to get involved in the art market. I know a lot of big galleries that look for staff. People who know how to run an art market business are candidates in high demand that these big galleries want to hire.”

Interview with an Art Banker, Thomas González – $133 Million in Loans | Part 1

Thomas González has always had a passion for art. So today, he arranges art loans and has committed himself to the art loan business. He has developed a trusted cadre of financial partners, responsible for successfully brokering art loans above one hundred million Euros.

We at World Art News have had the pleasure of interviewing Thomas in a two-part series to discover his secrets to running a successful art loans business.

Introducing The 5 Most Expensive Paintings Ever Sold

In 2021, the Old Masters category struck the art world yet again when a Sandro Botticelli portrait from the private collection of late real estate mogul Sheldon Solow sold at Sotheby’s in New York on January 28 for $92.2 million. In comparison to the others, this is a minuscule purchase. This is a list of the top 5 most expensive paintings ever sold from Old Masters sales.

Ancient Aurum – Why Gold Antiques are a Great Investment

With this article it is my desire to reach as many owners of legally acquired gold artifacts and through our example show that you don’t have to be in hiding anymore.

With proper documentation and safety measures you can let your treasure shine without fear of theft or confiscation.

This is what this article all about; inspiring legal owners, responsible investors and collectors of ancient aurum to step into the light.

The art market needs you, investors crave for you, the world heritage depends on you.