Category: Investing

Latest World Art News about Investing in the Art, Antiques, and Collectibles markets

Sotheby’s Successful NFT Auction of ‘MetaSkull’ Collection Brought Over $665K for Famed Contemporary Artist Jacky Tsai

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Jacky Tsai and Froyo Games, a Web3 GameFi platform, announced the successful auction sale of “MetaSkull 元宇宙骷髅”(1/1001), the first digital art NFT in the MetaSkull collection, which is a series consisting of 1001 unique NFTs created with generative art programming. The auction was hosted by Sotheby’s – a Xperience Digital Art Auction, with the unique skull motif’s final bid concluding at USD $7,700 (HKD $60,480). 

The combined auction proceeds from Mr. Tsai’s digital artworks amounted to USD $665,832 (HKD $5,226,480), with a total of 5 lots sold – including Jacky’s impressive “Golden Years”, which sold for USD $321,036 (HKD $2,520,000).

‘Art is Freedom. I Make Art.’ Exclusive Interview with Willem Vos | Part 1

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“Intense friendships, profound conversations, love, sex, feelings of connection, my fears and letting go of people. All the feelings and emotions I store and sometimes experience more violently than ever. I don’t run away from them anymore – I put them on canvas.”

Willem Vos is an enterprising new artist from the Netherlands. After selling his international company, he threw himself completely into making art. His artworks are powerful and quite large, they are full of color, energy, and meaning. Clearly Willem has an impressive talent and high potential, which is why The World Art News is pleased to share Part 1 of his First Exclusive Interview with our global audience.

METASKULL NFT DROP | Renowned Digital Artist Jacky Tsai and Froyo Games Launch Skull Art NFTs for Metaverse

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Jacky’s first digital project was an NFT titled “Chinese Floral Skull, Lot 37” that sold at Sotheby’s auction for $302,400 US, which was the highest price paid for an NFT designed by an Asian artist.

Jacky Tsai, a London-based and Shanghai-born modern contemporary artist, is pleased to announce “MetaSkull Collection 元宇宙骷髅”, his inaugural Skull Art NFT collection that features the artist’s iconic skull motif designs.

Mr. Tsai worked in collaboration with Froyo Games, a Web3 gaming platform with extensive video-game development experience globally, to develop and launch the MetaSkull Collection, which is geared for the metaverse. 

PIGUET HISTORICAL AUCTION: The World Swiss Foundation & The Minkoff Collection | Total $3-4 Million

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PIGUET HISTORICAL AUCTION – Total Estimate: 3-4 Million CHF

The World Swiss Foundation – over 500 lots.

The Minkoff Collection – over 300 lots.

Rare oil painting by Ferdinand Hodler.

Bronze by Rembrandt Bugatti from Alain Delon’s collection.

Many exceptional historical treasures are listed at auction for the First Time!

20 – 21 September, 2022 | Geneva, Switzerland

Rembrandt’s First Official NFTs of ‘The Night Watch’ to be Released by The Rembrandt Heritage Foundation at the MetaRembrandt Museum

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The Rembrandt Heritage Foundation makes iconic Dutch masterpiece ‘The Night Watch’ available in 8000 digital pieces (NFTs)

Owners of a Night Watch NFT piece will have exclusive access to the World’s First digital museum with Rembrandt van Rijn’s full art collection!

Soon everyone will be able to get their hands on a digital piece of ‘The Night Watch’. This was announced today by the Rembrandt Heritage Foundation and HODL Finance, on the first anniversary of the death of the world-renowned Rembrandt expert, Prof. Dr. Ernst van de Wetering, who also worked extensively with the Foundation.

How To Make Money With NFTs

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Many NFT sellers have gotten rich almost overnight through selling NFTs.

Digital artists, content creators, and NFT enthusiasts come up with new NFT projects every day in hopes of gaining wealth by selling them.

NFTs have grown in popularity thanks to their unique trait of being an indivisible digital asset, which cannot be replicated and safely exists in the tamper-free blockchain.

So can you get rich with NFTs?

Long story short, yes!

Prices on Old Rotary Phones are Up 500%

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MARKET ALERT | Vintage rotary phones have been steadily rising in value and liquidity, becoming almost as good as gold.

Rare models sell between $200-2000 regularly. Even most basic rotary phones are in high demand.

Well-known home decorators are getting in the game and scooping up vintage phones from the market in bulk!

Further fuel into the fire is thrown by the limited (and constantly decreasing) supply.

NFT AUCTION: RtistiQ Set To Launch Digital NFTs of Raja Ravi Varma’s ‘The Coquette’ and ‘Reclining Nair Lady’

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To start off the new year, RtistiQ will present the Digital NFT versions of Raja Ravi Varma’s (RRV) works ‘The Coquette’ and ‘Reclining Nair Lady’, two of his most famous paintings. With the originals considered to be National Treasures and unable to be brought out of India, the NFT versions will be auctioned online on the RtistiQ platform from 17 February to 20 February 2022.

This collection will be single editions of works of the Indian Art Legend to be tokenized and minted and this also marks the first NFT sales in collaboration with a traditional gallery and an artist foundation.

Original Artworks valued at USD 2.5M

Lithographs valued at USD 1K

Exclusive interview with Sandy Copeman, founder of the World’s Finest scale models company – The Amalgam Collection | Part 2

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In the second part of our exclusive interview with Sandy Copeman, founder of the Amalgam Collection, we discuss their business operations, partnerships, challenges, and of course stunning luxury vehicles.

Sandy opens up about Amalgam’s unique relationship with Ferrari and Ralph Lauren, shares with the readers his most cherished accomplishments, and talks about the history of this luxury company.

Once again, this story is filled with highly artistic images of the world’s most exotic model cars that are made with such attention to detail it’s hard to tell them apart from their full-size counterparts. So, without further ado, here’s our second and final part of this fascinating interview with Mr. Copeman.

The Problem with NFTs

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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.