Category: Money

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

Mon Dieu! Part Two! Exclusive Interview with Juno Youn and Spencer Walker

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Mon Dieu Projects aims to bring some irreverence to the LA art world with its provocative curatorial choices. “Mon Dieu” the French expression of “My god!” and surprise is the reaction the curators hope to inspire. It also represents Galerie Youn’s Montreal roots with its roster of eccentric artists, who are thrilled for their West Coast debut.

“This business is not for the fragile. It has its up and downs, with incredible highs that border on euphoria to deep depressive downs. Financial preparation is always the biggest challenge. You can never have a big enough war chest, so you need to be smart with the capital you deploy. And capital is not just financial, but emotional and professional capital that you need to be smart with. Balancing healthy egos of artists and collectors with the necessary evil of finance is a high wire act in the circus.”

The Royal FAUST – One of the Rarest Antique Books in the World … That You Can Actually Buy

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Goethe's Faust, First Part - Erster Theil. Auguste von Kreiling, Friedr. Bruckmann’s Verlag 1875, 1876, 1877, 52 x 39 cm

Johann Wolfgang von Goethe was a world-renowned 18th century writer and philosopher, covering poetry, plays, novels, and scientific treatises, and widely considered the greatest German writer of all time. His magnum opus, “Faust,” tells the story of a scholar who makes a deal with the devil in exchange for unlimited knowledge and pleasure, and is regarded as one of the greatest literary works ever written. Now imagine owning an antique limited-edition royal “Faust” that is the size of a small window. It is covered in leather and silver, published and decorated by the finest bookmakers and artists of its time, and made exclusively for Queen Victoria. Who wouldn’t want such a copy for their personal library?! This book exists, and with some effort, you can purchase it for your collection.

Art Struggle in Africa – Zimbabwean Artist Shares His Life Story of Perseverance

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The story of Dumisani Ndlovu is one of hardship, perseverance, and passion. Born and raised on a substance farm in a rural area in Zimbabwe, Dumisani’s natural talent for art was evident from a young age. Despite the challenges of farm life, he continued to draw and create using materials found in the bush. After attending art classes, he eventually graduated from the Mzilikazi Art and Craft Centre and fell in love with the craft under the guidance of a Canadian artist. Although he struggled financially, he never gave up on his dream and continued to work tirelessly to perfect his craft. Today, Dumisani is a well-respected artist whose work is inspired by nature and tells his own story.

Art Dealer’s Daily Dangers … and Safety Measures

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Art dealing can be a glamorous and lucrative business, but it can also be incredibly dangerous. In recent years, there have been numerous cases of art dealers falling victim to theft, fraud, and even violence. According to reports by the FBI, Interpol, and the Art Loss Register, there were over 24,700 reported cases of art theft between 2008 and 2022, with the value of stolen art during this period surpassing more than $11 billion. These statistics serve as a stark reminder of the risks that art dealers face in their line of work.

Exclusive Interview with German Sculptor & Videographer freaky-Deek | Part 3

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Freaky-Deek is a talented sculptor and videographer hailing from the Black Forest region in Germany. He has been showcasing his work in various galleries, exhibitions, and social media platforms. Having grown tired of just typing on a keyboard, freaky-Deek decided to dive into his creative passion and start his own business. As a former figurine collector, he wanted to create something truly unique and dynamic. So, he combined his electronics skills with his love for art and crafted sculptures with added features such as lights and sound. Recently freaky-Deek embarked on a new journey with the creation of a one-of-a-kind polymer clay cyborg sculpt, known as Project AD-01.

Exclusive Interview with Veronica Winters – Part 2 | In the Name of Love

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Veronica Winters is one of those rare professionals who can paint stunning beauty with near perfection. Her precise, colorful, and highly imaginative style often leaves the viewer speechless. It isn’t easy, nowadays, to find an artist that is still following in the footsteps of the Old Masters and is putting in the time to create works of truly fine contemporary art. In our continuing celebration of women and their amazing accomplishments, The World Art News is pleased to publish Part 2 of our Exclusive Interview with Veronica. Let’s begin!

Exclusive Interview with Tom Glynn – Part 3 | Taking Care of Business

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How much do your paintings cost? “My paintings range in size, theme and medium and whilst I make very large and small paintings, the price can vary considerably. A small  painting may take me one to two weeks to complete, while a very large  painting will evolve over one to two months and involve more materials. Typically, I have sold A5 to A4 paintings from $5,000 to $8,000 (dependent upon the dealer or gallery commission) and very large ones from $10,000 to $15,000. My paintings will also be valued against my expertise, experience and reputation and of course every piece I make is unique and continues to increase in value. With regards to my sculptures and assemblages, prices are on application.”

Tom Glynn is a rare breed: an artist who can move effortlessly between artforms, materials, scales and registers, equally adept at making miniature paintings and  monumental sculptures. And yet all of his work is unmistakably English in mood.  His images are populated by the country’s Neolithic monuments and pastoral landscapes, and informed by the many artists who inhabited those places before him.  Glynn is driven by the same Romantic spirit that motivated Palmer and Turner, Nash  and Piper, Wallis, Lanyon and Hockney, but his art is never anything but his own. It  is, after all, underpinned by an urge that has coursed through his veins since he first stepped foot in a sandpit. – Dr. James Fox | British Art Historian & Broadcaster

ART APPRAISAL: Understanding and Auditing – Everything You Need To Know

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Every day thousands of art market participants find themselves in search of a ‘good art appraisal’ that will suit their specific needs. Even more art owners are already in possession of such valuation documents, which they use for important legal purposes. At the same time, we all know that art appraising process can be a little intimidating. Many people rely completely on the guidance of the first art experts they meet without doing their homework on the expert and, more impartially, the process involved. In this article, I would like to share everything you need to know as a client about the process of art appraisal. We will discuss the purpose of these documents, how to audit them yourself, what standards should good appraisers follow, and much more. But, first things first – what is art appraisal?

Artificial Intelligence on Art Investing

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The World Art News is continuing its art exploration of the World’s Leading Artificial Intelligence system ‘ChatGPT’. This time we decided to find out what AI knows about Art Investing. Keep in mind that this entire article was written by a machine, we just asked it the right questions and added some headlines.

“One of the main benefits of investing in art is its lack of correlation with the stock market. While the stock market may experience fluctuations, the art market has its own set of independent factors that can affect prices. This means that an investment in art can potentially provide a hedge against economic downturns.”

T206 Honus Wagner – One of the Rarest Baseball Cards in Existence

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Honus Wagner, also known as “The Flying Dutchman” was a professional baseball player who played shortstop for the Pittsburgh Pirates from 1897 to 1917. He is widely considered one of the greatest players of all time and was one of the first five players to be inducted into the Baseball Hall of Fame in 1937. Off the field, Wagner was known for his humility and sportsmanship. He was respected by both teammates and opponents for his gentlemanly behavior and fair play.

One of the most interesting facts about Wagner is that he was the first baseball player to have his own baseball card. The T206 Honus Wagner baseball card is considered to be one of the most valuable and rarest cards in existence.