Tag: Art Prices

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.

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.

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

Life Is A Beautiful Colour – Exhibition of Contemporary African Artists

Qhamanande Maswana Blue Beanie, 2022

Janet Rady Fine Art is pleased to present ‘Life Is A Beautiful Colour,’ a group show of  emerging contemporary African artists co-curated by Hyacinthe Kouassi and Elorm Gosu.

Including works by Frank Asso, Alex Gbizié, Muramuzi JohnBosco, Joseph Kojo Hoggar,  Qhamanande Maswana, Osman Salifu and Affen Segun the exhibition brings together works that  exude and celebrate the vibrancy and warmth of the contemporary lived experience across the  continent of Africa.

From representations of the fast pace of city life, the communal relationships shared in villages, to quieter more focused and confronting portraits of African youth, though the works in this show were created by artists from nations as diverse as their form and subject matter.

The Most Expensive Gold Antique in the World – $35 Million Persian Necklace

This stunning necklace is considered to be one of the rarest privately owned gold artifacts in the World!

Known as ‘The Star Crescent Necklace’ it is actually an ancient jewellery set that archeologists call ‘Parthian-Sarmatian Royal Gold Necklace and Amulet’.

This necklace is believed to have been first created in Parthia, an ancient Persian empire that existed from 247 BC to 224 AD, but eventually came into possession of the Sarmatians, the legendary nomadic Indo-Iranian warriors that spread throughout the Eurasian Steppe.

Now, in our exclusive art investigation, we’re going to unveil all the fascinating secrets about this Royal artifact!

Exclusive Interview with Nationally Acclaimed Public Sculptor Aaron T Stephan | Part 1

Nationally acclaimed American public sculptor Aaron T Stephan lives and works in Portland, Maine.

His work presents a wry look at the world around him – focusing on the complex web of information carried by everyday materials and objects.

Stephan has completed over 25 major public works in municipal spaces throughout the United States.

His work is noted for his diverse approach to form spanning from a life-sized orchestra of plastic snap-to parts, gestural streetlights, and gracefully curved ladders reminiscent of DNA.

Stephan’s public works can be found in the collections of cities across the nation.

PIGUET GREAT AUCTION: From Fine Art & Jewellery to Ferrari Memorabilia and more! Total $5 – 7.5 Million

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 Château Le Rosey library of rare books and much more!