Tag: Art Business

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 โ€˜good art appraisalโ€™ 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?

JACK OF THE DUST: Exclusive Interview with Andy Firth โ€“ Part 2 | The Artist

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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, Firthโ€™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 โ€˜Jack Of The Dustโ€™. Established in a home garage in 2013, his operationโ€™s alluring namesake is an 1800s Royal Navy term that represents Firthโ€™s revival of characters, cultures and the stories that surround them. Firth has now grown โ€˜Jack of The Dustโ€™ to a full-time crew of 15, and operates from two Burleigh Heads warehouses spanning 7500 square feet on Australiaโ€™s Gold Coast. โ€˜Jack of The Dustโ€™ exists to crack through the limits of imagination on adventure, where the human experience is never truly dead! And with that being said, hereโ€™s Part 2 of our bone-chilling interview with Andy Firth.

What does World’s Best AI ‘ChatGPT’ think about Top Art, Antiques, and Collectibles? We Asked!

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The World Art News asked the World’s Leading Artificial Intelligence system ‘ChatGPT’ to write an article about top art, antiques, and collectibles. In less than a minute we received a shockingly good art story written entirely by a machine! We did not edit a single word or punctuation. This is what the AI wrote:

“Art as an investment has been a popular choice for centuries, with many investors purchasing pieces by well-known artists with the hope of selling them at a higher price in the future. The art market has seen some significant booms in recent years, with the value of certain artists and pieces skyrocketing. However, it’s important to note that the art market can be highly speculative and illiquid, and values can fluctuate greatly. The art market’s value is also often driven by the market sentiments, trends, and the demand for certain artists.”

Takeaways from a Record-Breaking Early Auction Season

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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 wouldโ€™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.

Exclusive Interview with Dave Vescio – Part 2: Death, Darkness, Light!

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In Part 2 of our Exclusive Interview with a Movie Star and an Award-Winning artist Dave Vescio we dive deep into his Dark Past, Time in Prison, and the Harsh Lessons of Life. Dave candidly talks about his Inner Demons, Psychological Trauma, and how to live with them.

“I was too busy trying to take over the whole LSD empire for myself!”

“The ones who think they are heroes tend to be the most vicious villains of all!”

“I want my artworks to show the spiritual world that everyone else just seems to walk by and not notice at all”

Exclusive Interview with Dave Vescio – Part 1: Art, Fame, Life!

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In Part 1 of our Exclusive Interview with a Movie Star and an Award-Winning artist Dave Vescio we dive deep into his Art, Fame, and Success, discovering what impact they had on his extraordinary life.

“I’m an artist trying to reveal to the world the things it refuses to see”

“Acting got me to tap into the deepest, darkest pits of hell”

“Art is actually our savior, our church, our educator. Itโ€™s a safe place to experience and learn about life.”

“I chose to venture out into the unknown and experience the world as it really is!”

“Explore everything in this world, until you find what you truly love to do, then explore even 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.

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.

Exclusive interview with Sandy Copeman, founder of the Worldโ€™s Finest scale models company โ€“ The Amalgam Collection | Part 2

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In the second part of our exclusive interview with Sandy Copeman, founder of the Amalgam Collection, we discuss their business operations, partnerships, challenges, and of course stunning luxury vehicles.

Sandy opens up about Amalgamโ€™s unique relationship with Ferrari and Ralph Lauren, shares with the readers his most cherished accomplishments, and talks about the history of this luxury company.

Once again, this story is filled with highly artistic images of the worldโ€™s most exotic model cars that are made with such attention to detail itโ€™s hard to tell them apart from their full-size counterparts. So, without further ado, hereโ€™s our second and final part of this fascinating interview with Mr. Copeman.

How to Make Art a Career: The Three Golden Questions to Ask Yourself

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Take steps. Small steps. If you want a career to be long-lasting you donโ€™t want to force something to grow. Building a career is just like growing a plant. It needs to be planted in good soil and taken care of while itโ€™s still small and unknown to the world. It has to get love and the right nutrition to be able to function and to live up to its potential as a bigger plant.ย 

Do not rush. I canโ€™t emphasize this enough. Yes, you need to throw yourself out there and be willing to do things that scare you, but you should never compromise with your own health – mental, physical or spiritual – nor should you lower your morals or let go of your integrity in order to get to where you want to go. This needs to be intact and if you are a solid artist your career will take off in the time you are ready for it.ย