Category: Opinion

Latest Opinion and Letters to the Editor from the readers of the World Art News

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.

Millennials And Their Role In The Modern Art Market

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When it comes to the modern art world, millennials have played a crucial role in the recent years.

After the pandemic, they tremendously helped the art market to recover from countless museum, gallery, and exhibition closures.

A report from Art Basel-UBS states that in the first half of 2021, millennials spent the most on art, helping to boost the much needed recovery of the market.

Sales were also up by 10%, with millennials doubling the buying power of Gen X, and spending four times more than baby boomers!

How NFTs Benefit The Art Market?

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It may be obvious but still needs to be said – the benefits of NFTs for the entire art world are tremendous!

Art that doesn’t exist in a physical form can now be bought, sold, and collected, opening many opportunities for artists, collectors, and investor.

There are also great benefits to physical art from NFTs. Art museums and galleries now have the ability to earn additional revenue from their artworks.

NFTs are clearly helping to create a unique generational synergy between the old and the new art.

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.

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

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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.

How Russian Czar’s Library Ended Up In America

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Most people in the United States, Russia, and the World don’t know that more than 2,500 volumes from the personal library of the Russia’s Royal Family are in the possession of the Library of Congress of the United States.

This priceless collection was formed in the Winter Palace in St. Petersburg’s, Imperial Russia. It survived WWI, the 1917 Revolution as well as the Civil War that followed, eventually ending up in America.

This is the fascinating story of how it happened, told exclusively to the World Art News by a researcher who worked with these rare books.

Who is Yuri Tarasov

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Yuri Tarasov was one of the strongest painters in the Soviet Union, Russia and Lithuania. While his talent had no borders, Yuri’s fantastic vision and ability to show the true classic Russian art school with a touch of modern European trends made his paintings highly controversial in the Soviet society. As the son of the Head of the Supreme Council of the Russian Soviet Federative Socialist Republic, he had an opportunity to become one of the best-know artists in the USSR, but Yuri never wanted fame or money, strongly believing that great art must bring recognition and not the other way around. Ignoring the opportunities life gave him, committed only to his art and his family, Yuri Tarasov, nevertheless, became one of the top artists in the entire Soviet Union. The recognition that he so carefully avoided inevitably came to him after each and every one of his exhibitions. His art spoke for itself.

Central and Eastern European Art: A Veiled Treasure

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The global Art market is undergoing change as the world continues its progression towards globalization. That specific change is the diversification of a predominantly Western Art market. This is phenomenal, but it’s also about time because it means that the Art market is finally beginning to include and value Art of all the different cultures that make up humanity. Now, not every culture or type of Art is valued or held to the same caliber yet, but we are getting there. 

One of the regions that still appears to be struggling to break into the Art Market is Central and Eastern Europe. Which is problematic because it leaves a massive gap in our understanding of Art movements, and how we are where we are in contemporary Art today. So, in order to understand what Central and Eastern European Art is, you will first need to understand what distinguishes the region from the rest of Europe. 

€1 Million Encaustic Gold Art Collection from Michael Gavrieli

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Michael Gavrieli is a luxury artist from Europe, who creates exclusive art for high-end clientele. Mixing 24 karat gold and fine silver with hot, coloured bee wax, Michael paints unique encaustic artworks in the style of the ancient Romans that you won’t find anywhere else.

An exclusive “Encaustic Gold Edition” collection, valued at €1,000,000, will be exhibited at the Amber Lounge Fashion Show during Monaco Grand Prix next year, followed by an action of these one-of-a-kind paintings. Symbolizing power, energy, wealth, and iconic status, this golden art collection is bound to last for centuries. At the center of the exhibition there will be Michael Gavrieli’s masterpiece: “The Golden Phoenix,” the most expensive 24 karat gold encaustic artwork in the world.

Women in Art: A glimpse into Central & Eastern Europe

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Whilst women have always been an essential topic in the visual arts they have historically been excluded from the entire artistic canon. That is not to say that women have not participated in the creation of Art, rather that the Western canon solely includes the work of men. To be more specific, the Western artistic canon includes and values the works of Western men only.

One might think that it makes perfect sense the Western Art canon is inclusive of male artists considering the fact that the first wave of feminism only begun around the late 19th century. So, before that, women weren’t really a part of many industries. Also, as stated in the name, the western Art canon is in fact “western” and does not proclaim to be the “global” art canon.