Category: Market

Latest Art Market News from Around the World

Babe Ruth Rookie Card Fetches Record-Breaking $762,500 at Bonhams Auction

In New York, during Bonhams Fine Books and Manuscripts sale on April 10, a significant highlight emerged as a rare Gimbels Department Store version of the M101-4 1916 Babe Ruth Rookie Card fetched an impressive $762,500, surpassing its initial estimate. This particular card, renowned as one of the most sought-after trading cards in existence, carries historical significance dating back over a century.

Rare 15th Century Astrolabe Fetches Over $600,000 Doubling Pre-Sale Expectations

In a surprising turn of events at Bonhams’ Important Instruments of Science and Technology Sale in London on April 24th, a remarkably rare 15th-century astrolabe soared past its pre-sale estimate, fetching an impressive £508,400 ($635,000). Jon Baddeley, a specialist at Bonhams, expressed his astonishment at the outcome, stating, “This is one of the strongest results we’ve seen at auction at Bonhams Knightsbridge in the past decade.” Describing the astrolabe as an “early smartphone of sorts,” Baddeley emphasized its multifaceted utility, noting its significance in timekeeping, navigation, celestial observation, and even decision-making.

Exclusive Interview with Prof. Megan Heber on SMU’s Master of Management in International Arts Management (MMIAM) Program | Part 2

Welcome to Part 2 of our Exclusive Interview with Professor Megan Heber, MA, MBA. Megan’s journey exemplifies a profound commitment to using the arts as a catalyst for positive change. With 15 years of experience, Megan has become a leading advocate for the arts, currently serving as the Professor of Practice in Arts Management and Nonprofit Leadership at SMU’s Division of Corporate Communication and Public Affairs. Beyond the classroom, Megan actively engages with the North Texas arts community, contributing her expertise to various committees and organizations such as the City of Dallas Cultural Plan Implementation Steering Committee and the Board of Appointed Trustees of the Dallas Symphony Orchestra. Megan’s remarkable contributions have not gone unnoticed; she was honored with the Business Council for the Arts Obelisk Award in 2020 and recognized as one of “30 Under 40” alumni by Rowan University. With a diverse background encompassing executive roles and military service, Megan’s journey is a testament to her unwavering dedication to enriching communities through the transformative power of the arts.

JM Gems Founder Peggy Elias Donates $4500 Gold Necklace to Arthritis Society Canada for Celebrity Roast Featuring Shaun Majumder and Steve Murphy

Peggy Elias, the visionary founder of JM Gems, renowned for her artistic brilliance, has generously donated a stunning piece of jewelry to support the Arthritis Society Canada’s 30th Anniversary Celebrity Roast. The 18k rose gold Queen chess piece pendant necklace, adorned with diamonds and sapphires, served as the coveted Raffle Prize at the gala event held on Wednesday, April 17th in Halifax, Nova Scotia, Canada.

Historic First-Ever Formula 1 Lotus Climax Type 12 Chassis ‘353’ to be Sold for Nearly Half a Million in Monaco

Racing aficionados and collectors are gearing up for an electrifying moment at The Bonhams|Cars Monaco Sale, ‘Les Grandes Marques à Monaco’, on May 10th, as one of the most historically significant Formula 1 cars makes its way to the auction block. The 1957-58 Lotus-Climax Type 12 chassis ‘353’, estimated at €290,000 – €390,000 ($308,000 – $415,000), is poised to steal the spotlight, offering enthusiasts a chance to own a piece of motorsport history.

Interview with Prof. Megan Heber on SMU’s Master of Management in International Arts Management (MMIAM) Program | Part 1

Welcome to Part 1 of our Exclusive Interview with Professor Megan Heber, MA, MBA. Megan’s journey exemplifies a profound commitment to using the arts as a catalyst for positive change. With 15 years of experience, Megan has become a leading advocate for the arts, currently serving as the Professor of Practice in Arts Management and Nonprofit Leadership at SMU’s Division of Corporate Communication and Public Affairs. Beyond the classroom, Megan actively engages with the North Texas arts community, contributing her expertise to various committees and organizations such as the City of Dallas Cultural Plan Implementation Steering Committee and the Board of Appointed Trustees of the Dallas Symphony Orchestra. Megan’s remarkable contributions have not gone unnoticed; she was honored with the Business Council for the Arts Obelisk Award in 2020 and recognized as one of “30 Under 40” alumni by Rowan University. With a diverse background encompassing executive roles and military service, Megan’s journey is a testament to her unwavering dedication to enriching communities through the transformative power of the arts. Stay tuned as we delve deeper into Megan’s insights and experiences in this exclusive interview series.

Gauguin’s New Masterpiece Discovered! Never Before Seen ‘Beautes a Tahiti’

The World Art News is the first to bring you this breaking story of a newly discovered masterpiece ‘Beautes a Tahiti – Source sur la mer’ by Paul Gauguin. Marking a significant moment in art history, Giancarlo Graziani and Salvatore Prato meticulously unravel a narrative that transcends the boundaries of mere artistry. With scholarly rigor, they trace the journey of this previously unseen painting, illuminating its path from obscurity to revelation. From the vibrant streets of Paris to the tranquil shores of Tahiti, the canvas bears witness to a compelling tale of artistic brilliance and commercial intrigue. As its secrets are methodically revealed, the painting emerges as a testament to Gauguin’s enduring legacy and the timeless allure of discovery in the world of art.

The 100Gallery is Democratizing Art Creation: Offering Commercial Print, Painting, and NFT Opportunities

In a bold stride towards reshaping the landscape of art creation, The 100gallery introduces an innovative platform that transcends traditional boundaries, transforming language input into captivating digital abstract images. Central to its innovation is a mesmerizing 10 x 10 color-coded grid, offering a dynamic canvas for artists and enthusiasts alike to unleash their creativity. The platform’s appeal extends far beyond the realm of professional digital artists, reaching out to individuals eager to craft their own unique prints and NFTs. What sets The 100gallery apart is its commercial viability, offering a plethora of opportunities for both individuals and businesses alike to harness the power of their art generator.

Rare Basquiat Masterpieces Worth Over $60,000,000 Unveiled by Phillips

The spotlight shines brightly on the monumental 1982 masterpiece, estimated to fetch a staggering $40-60 million. This captivating piece, dubbed ‘Untitled (ELMAR),’ commands attention with its sheer scale and intricate symbolism. Acquired by the Pellizzi Family just two years after its creation, this eight-foot-wide marvel stands as a testament to Basquiat’s transformative journey from street art prodigy to gallery luminary. Rich in iconography and imbued with self-referential imagery, ‘Untitled (ELMAR)’ offers a profound exploration of duality within the artist’s identity, encapsulating the essence of Basquiat at the zenith of his creative prowess.

$2,000,000 Häkkinen’s McLaren P1 Validation Prototype 3 (VP3) to be Auctioned in Monaco

Mika Häkkinen, the renowned two-time Formula 1 World Champion and McLaren Brand Ambassador, is set to offer a unique piece of automotive history to the wealthiest car collectors in the world. Bonhams|Cars will present Häkkinen’s 2013 McLaren P1 Coupé Validation Prototype 3 (VP3) at The Monaco Sale ‘Les Grandes Marques à Monaco’. This event, scheduled for May 10, will witness the auctioning of this exceptional vehicle, making it the only Validation Prototype ever to grace such an occasion.