Category: Market

Latest Art Market News from Around the World

PROJECT AD-01 Combines Art and Technology – Crowdfunding Campaign Launches 

By on • ( 3 Comments )

Between dystopia and humourism – ChatGPT is on everyone’s lips, AI has already moved into most households, digitalization is advancing more massively than ever and radically changing the way we live  together. With Project AD-01, the fictional company Xetashell Corporation around musician Laura Dre and sculptor freaky-Deek has launched their first Kickstarter campaign today that is now bringing together technological progress and genuine craftsmanship. The campaign focuses on the specially handcrafted Android busts and the release of Laura Dre’s soundtrack, which combines musical finesse with futuristic vibes. For freaky-Deek, the project is more than a crowdfunding campaign; it’s an unspoken warning about the digital transformation in our society.

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

By on • ( 6 Comments )

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

By on • ( Leave a comment )

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.”

‘PAINTING HER’ Exclusive Interview with Italian Hermetic – Claudio Giulianelli

By on • ( 2 Comments )

Claudio Giulianelli is an internationally recognized artist known for his romantically surrealistic oil paintings of Italian women in traditional costumes. He was born in Rome in 1956 and from the moment that Claudio could hold a pencil he began to draw. Now, many years later, Claudio’s colorful, bright, and delightful artworks can be found in many collections around the world. Throughout his life he meticulously studied the Old Masters as well as philosophers and mystics, and in the process became a master of the brush himself. The World Art News is pleased to share with you our exclusive interview with this fascinating artist.

JACK OF THE DUST: Exclusive Interview with Andy Firth – Part 1 | The Skull

By on • ( 3 Comments )

Andy Firth is a self-taught Australian artist of the social generation, known for his signature canvas: the human skull. Capturing the gentle intricacies of lives once lived, Firth’s work has captivated an engaged audience of over 2.5 million people Worldwide! His clientele includes Joe Rogan, Slash, Jason Momoa, Chris Brown and Nikkie Tutorials.

For the past decade, Firth has remained widely anonymous under the title ‘Jack Of The Dust’. Established in a home garage in 2013, his operation’s alluring namesake is an 1800s Royal Navy term that represents Firth’s revival of characters, cultures and the stories that surround them. Firth has now grown ‘Jack of The Dust’ to a full-time crew of 15, and operates from two Burleigh Heads warehouses spanning 7500 square feet on Australia’s Gold Coast.

Amref Health Africa’s ArtBall and Auction Honors Artist Julie Mehretu and the Power of Ethiopian Youth 

By on • ( 1 Comment )

On February 25, 2023 at 26 Bridge in Brooklyn, NY, Amref Health Africa will host their annual ArtBall event  and adjoining art auction, creating a connection between African culture and philanthropy to celebrate and  highlight the talent of the African continent. This year Amref Health Africa will honor world-renowned  Ethiopian artist Julie Mehretu with the Rees Visionary Award. 

ArtBall features a Contemporary African, Pan-African, and Black art auction, entertainment, food and  beverages from award-winning Black-owned vendors, an installation, and an award ceremony, and has grown  from just over 300 attendees to nearly 800, with an emphasis on the African diaspora. Notable hosts and guests  have included Solange, Swizz Beatz, Alicia Keys, Chris Rock, Antwaun Sargent, Kimberly Drew, Hank Willis  Thomas, Isolde Brielmaier, Shantell Martin, Nina Chanel Abney, Jack Shainman, Young Paris, and many more. 

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

By on • ( 2 Comments )

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.

Rough Diamond Financing – Sarine and DELGATTO Sign Strategic Cooperation Agreement

By on • ( 1 Comment )

Until now assessing rough diamonds was an inaccurate subjective process, at best. This, along  with the difficulty in providing unique identification means, reduced their attractiveness as collateral.  The DDFF and Sarine’s groundbreaking cooperation utilizes Sarine’s various proven industry leading technologies, including the Galaxy® and DiaExpert® platforms along with the Advisor® and  related software processes, to accurately, objectively and rapidly evaluate rough diamonds, as well  as uniquely tagging them, with the result being the ability to reliably ascertain the optimally produced  polished diamonds’ potential value, and hence confidently provide financing. The DDFF will apply  Sarine’s technologies to evaluate if the rough diamond is eligible for the requested financing, and  at what level. 

Top 5 Most Expensive Paintings Ever Sold

By on • ( 10 Comments )
leonardo salvator mundi

When it comes to the world of art, certain paintings command staggering prices that represent the pinnacle of human spending power. These masterpieces are highly cherished by investors, collectors, and art lovers alike. The top five most expensive artworks ever sold are a testament to the enduring value of art. Ranging from the masterful brushstrokes of Leonardo da Vinci to the bold color fields of Mark Rothko, these works hold more capital than some banks. In this article, we will take a closer look at the most expensive artworks ever sold, examining the artists, the works, and the prices they fetched at auction or private sale. Whether you are a seasoned collector or simply an art enthusiast, read on to discover the most valuable paintings in history.

What Does World’s Best AI ‘ChatGPT’ Say About NFTs? …Everything!

By on • ( 5 Comments )

As promised, 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 it knows about NFTs, and as it turns out, this AI knows pretty much everything, including some funny jokes that you can find at the end of this article.

Keep in mind that this entire text was written by a machine, we just asked it the right questions and added some headlines, so without further ado here are the results of our fascinating conversating with ChatGPT.