Category: Money

Latest World Art News about Money, Capital, and Wealth in the Art, Antiques, and Collectibles markets

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

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

GemGenève is Back in November … with Fabergé!

GemGenève

GENEVA, 23 AUGUST 2022 – It’s official! By popular demand from its exhibitors, GemGenève is holding a second, exceptional edition again this year in Geneva. “We had initially planned to hold only one edition, in May 2022. Following calls from our exhibitors, we´ve decided to organize a second edition in autumn 2022 in Geneva, but this shouldn’t become standard practice in the future”, emphasizes Ronny Totah.

The 5th meeting of gemology and jewellery professionals and enthusiasts will therefore open its doors from Thursday, 3rd November to Sunday, 6th November in Palexpo, this time in Hall 6. It will coincide once again with the major autumnal auction sales of the Geneva Luxury Week.

PIGUET GREAT AUCTION: From Fine Art & Jewellery to Ferrari Memorabilia and more! Total $5 – 7.5 Million

PRESS RELEASE – Geneva, 4 June, 2022

PIGUET is pleased to organize a Great Auction of:

Fine jewellery in aid of supporting young designers

Botero, Degas, Giacometti, Picabia celebrating the female figure

The incredible Charles-Edouard Duflon collection reflecting his unusual character

First Ferrari Memorabilia sale

The Château Le Rosey library of rare books and much more!

Are OVRs The Future of Art Sales?

Modern advancements in digital and online technology are changing the art market. Online events are becoming more popular than ever as they can be accessed by anyone from anywhere. By simply opening a screen, people are able to instantly access desired products and services from all around the world, which makes it easier than ever to engage with your artistic interests.

The art market is no exception to this trend. Over the past few years it has been strengthening its online presence, and despite an overall decline in sales, the online trade is actually at a record high, doubling in value from two years ago. It is therefore reasonable to expect further substantial growth in this sector.

At the heart of this online art world are OVRs.

Prices on Old Rotary Phones are Up 500%

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.

NFTs Exhibited at WOW Festival in Dubai Sold to Major Digital Art Collectors 

PRESS RELEASE | DUBAI, 17 MARCH 2022 – Digital Gallery at WOW Summit Dubai Witnesses Major NFT Sale on the First Day of the Exhibition.

WOW summit commenced on the 13th of March with three full days of blockchain, metaverse industry news. The ‘Alternative Reality’ exhibition was curated by Daria Lomova, an art advisor and historian.

One of the main aims of the WOW summit was to raise public knowledge and awareness of the sweeping world of blockchain, crypto, AI, NFTs and beyond. That is why it was important for Lomova to curate an exhibition that people could relate to, while learning about the different digital art forms. 

How To Turn Your Art Into Income – Business Tips On How To Successfully Launch Your Career

The art industry and the creative community at large is often overlooked and sometimes even looked down upon as a career choice. In every society there is a common misconception that individuals who wish to pursue a career in the arts are throwing away their future and will never be successful.

However, in modern times, it has been proven over and over again that a career can be made from almost anything. With the right mentorship and knowledge – success can be just around the corner!

In this article we uncover some of the positive aspects of being an artist and show how to make use of one’s resources to create a name for yourself.

Reb Nachman’s Second Chair – Hasidic Holy Relic Worth $10 Million

Reb Nachman’s Second Chair

The World Art News presents one of the Holiest Jewish Relics that is known to exist in a private collection – the Second Chair of Rebbe Nachman of Breslov (1772 – 1810).

With the Star of David in the front, a hypnotic Jewish Rabbi in the center, and a Yiddish inscription of Reb Nachman’s name on the back, this chair is stunning in its craftsmanship and Judaic beauty. The aura of history radiates from this rare artifact.

Reb Nachman remains among the most quoted Hasidic masters and to this day tens of thousands of Jews from all over the world travel to his burial site as part of their annual pilgrimage.

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

Press Release | SINGAPORE, 08 FEBRUARY 2022 – 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

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!