Category: Money

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

ART. BUSINESS. FREEDOM! Exclusive Interview with Willem Vos | Part 2 – Dare!

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“You have to be business-minded. Try to understand that everyone in this world wants to make money. Including you and your artworks. You are part of the art world, you have to be able to embrace that.”

Willem Vos is an enterprising new artist from the Netherlands. After selling his international company, he threw himself completely into making art and selling his works. Mainly because of Willemโ€™s choice to live a different life he has become an inspiration for people that want to successfully change course as well. 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 2 of his First Exclusive Interview with our global audience.

Meet the 5 Most Valued NFT Artists in the World

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Beeple - Everydays: the First 5000 Days by Beeple, 2021

MutualArt brings you a selection of the most profitable NFT artists that have proven that digital art has come to stay and slay. Get to know the performances of each artist, when and what they present in auctions, the realized prices, their exhibitions and much more.ย 

We are your eyes and ears on everything that happens in the art market. An international team of art lovers, web professionals and data analysts driven by passion and excellence who work relentlessly to make the art market accessible to everyone.

Our data is sourced 24 hours a day from over 22,000 venues and organizations and is manually moderated to guarantee its accuracy.

Sothebyโ€™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 โ€œMetaSkull ๅ…ƒๅฎ‡ๅฎ™้ชท้ซ…โ€(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 Sothebyโ€™s – a Xperience Digital Art Auction, with the unique skull motifโ€™s final bid concluding at USD $7,700 (HKD $60,480).ย 

The combined auction proceeds from Mr. Tsaiโ€™s digital artworks amounted to USD $665,832 (HKD $5,226,480), with a total of 5 lots sold – including Jackyโ€™s impressive โ€œGolden Yearsโ€, which sold for USD $321,036 (HKD $2,520,000).

Internationally Acclaimed Artist Ella Spira MBE Launches an Immersive Multimedia Art Exhibition in Singapore

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On Thursday, 3 November 2022, the Grammy-nominated British composer, artist and co-founder of production company Sisters Grimm, Ella Spira MBE, will launch her latest art project, โ€˜Global Landscapes Singaporeโ€™ at Art Now gallery, in the Raffles Hotel Arcade, unveiling her work as a visual artist. The exhibition will be opened to the public with no tickets required on the 4th and 5th of November.

Spiraโ€™s Singapore work has already proved popular with collectors. Singapore-based and Chinese investor Jack Tao fell under the spell of Ella Spiraโ€™s Banyan Tree painting and recently acquired it for ยฃ250,000. He went on to commission Spira to create the Global Landscape Singapore.

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

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Jackyโ€™s first digital project was an NFT titled “Chinese Floral Skull, Lot 37” that sold at Sothebyโ€™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 โ€œMetaSkull Collection ๅ…ƒๅฎ‡ๅฎ™้ชท้ซ…โ€, his inaugural Skull Art NFT collection that features the artistโ€™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.ย 

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

GemGenรจve is Back in November โ€ฆ with Fabergรฉ!

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GemGenรจve

GENEVA, 23 AUGUST 2022 โ€“ Itโ€™s official! By popular demand from its exhibitors, GemGenรจve is holding a second, exceptional edition again this year in Geneva. โ€œWe had initially planned to hold only one edition, in May 2022. Following calls from our exhibitors, weยดve decided to organize a second edition in autumn 2022 in Geneva, but this shouldnโ€™t become standard practice in the futureโ€, 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 โ€“ 7.5 Million

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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 Chรขteau Le Rosey library of rare books and much more!

Are OVRs The Future of Art Sales?

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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%

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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.