Category: Money

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

Takeaways from a Record-Breaking Early Auction Season

Collection sales dominated headlines of another record-breaking fall auction season, while the emerging market feels the pressure of economic worries.

With art market prices soaring as of late, recent blue-chip auctions were projected to reach significant high-flying, record-breaking heights. Not only did these lots deliver, but in some instances their price tags surpassed their monumental estimates. The highly anticipated Paul Allen collection, the personal assortment of paintings and sculptures owned by the late Microsoft co-founder, blew past the $1 billion estimated value, which already would’ve made his collection the most expensive ever sold.

While some say the results of the Phillips auction suggests a cooling of the market, works of personal collections, especially those hidden from public view for prolonged periods of time are doing exceedingly well.

DISCOVERED: Stunning 1880 Masonic Grand Master’s Gold Jewel – One of the Largest in the World | Exclusive Photos

The world has been fascinated with Freemasons for centuries.

Countless books, articles, documentaries, even Hollywood films have been made about this ancient society.

Yet, most people don’t really know much about the Masonry, their history, culture, traditions, and they certainly don’t often encounter Masonic artifacts in their daily lives.

For this reason The World Art News is especially excited to share with our audience Exclusive HD Photos of one of the largest and most spectacular Masonic Gold Jewels in North America and possibly the World!

The Enigma of Raphael – Price Analysis and History of the Legendary Artist

Raphael’s incredible works of art were already desired when he was alive. After his passing they became real cult objects and remained as such to this day.

An endless bibliography has dealt with the Raphaelesque myth and the desire to attribute works to his authorship has led over the centuries the scholars to recognize his hand where it wasn’t and not to take it into account even in cases where the documents said the opposite.

On the art market, the demand for Raphael’s paintings has always been characterized by very high values and this, of course, is an important factor of reflection to consider, which can sometimes become the keystone for the interpretation of attributive events.

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

“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 Willem’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

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. 

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.

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

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).

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

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, ‘Global Landscapes Singapore’ 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.

Spira’s Singapore work has already proved popular with collectors. Singapore-based and Chinese investor Jack Tao fell under the spell of Ella Spira’s Banyan Tree painting and recently acquired it for £250,000. 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

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

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.