Exclusive Interview: MONCHO1929 – Explosive Public Artist for the VIP | Google, Audi, Figge, BuffettThe Jewish Museum Cancels Two Jewish Artists Descended from Holocaust Survivors for Supporting PalestiniansPIGUET HISTORICAL AUCTION: The World Swiss Foundation & The Minkoff Collection | Total $3-4 MillionThe Art Of Peace: How Art Can Help Stop The War Between Israel and Palestine
Uzo Egonu’s Will Knowledge Safeguard Freedom I Sets Auction Record at £198,900Yusuf Grillo’s One Man Band Sets Artist Auction Record at £461,300Ben Enwonwu’s Anyanwu Sells for £602,100, Setting a Sculpture Record at BonhamsRare Gandhi Portrait Achieves £152,800, Tripling Its EstimateBanksy’s British Cool Mickey Snake Triumphs at Bonhams, Selling for £330,600Whistler’s First Portrait Commission Sells for Five Times Estimate, Fetching $495,000Bridget Riley Stuns Art World as Myrrh Soars to $2.36M at BonhamsReception in the Harem: Discovered Masterpiece by John Frederick Lewis Shatters Expectations, Selling for Almost $1.5 MillionRare Qianlong 'Dragon' Vase Stuns at Auction, Sells for $3.7 Million—Over Six Times Its EstimateRenowned Vietnamese Artist Nguyen Gia Tri’s War Painting Fetches Over $500,000 at BonhamsLegendary Stradivarius Violin Fetches $11 Million at Sotheby’s, Falling Short of World RecordBoston Red Sox Memorabilia Hits It Out of the Park as Lucchino’s Baseball Collection Brings in $740KA Love Letter to India: Sayed Haider Raza’s La Terre Sells for Record-Breaking $4.2 MillionRare Chinese 'Dragon' Vase Fetches Over €1.1 Million in ParisEarly Van Gogh Sketch Sells for Over $1.48 Million at Bonhams London Auction

Tag: Art Prices

Reported sale prices, auction estimates and analysis of how artworks are valued. Coverage follows individual paintings and wider market questions, helping readers distinguish an asking price or estimate from the result of a completed transaction.

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.”

The Modigliani Affaire

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The death of Amedeo Modigliani and of his devoted partner Jeanne Hebuterne starts one of the most emblematic stories of the Art Market, which will lead the works of the unfortunate Tuscan artist to be subject of an “exceptional enterprise of economic revaluation”.

The acme of the speculative operation has been reached with the auction award for 170,405,000 US dollars of the “Red Nude”, which previously belonged to Gualino Collection and to Feroldi Collection and then in 1950 was acquired by the art collector Gianni Mattioli thanks to the interest of his cousin, Fernanda Wittgens, the then Director of the Pinacoteca di Brera.

The valorization of Modigliani’s Work thus began in the ‘50s on both sides of the Atlantic Ocean: in Europe activities revolved around “Il Milione Gallery” in Milan and in America around Museum of Modern Art in New York.

Top 5 Best-Performing American Artists of 2022

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This article shows a selection made by MutualArt of the Top 5 US Artists of 2022 due to their performance in sales and exhibitions of their work. The top performers are:

1. Andy Warhol (1928 – 1987)

Andy Warhol was an American Postwar & Contemporary artist who was born in 1928. In 2022 he achieved sales for 570,207,409 USD

Numerous key galleries and museums such as Hamburger Bahnhof, Museum of Contemporary Art have featured Andy Warhol’s work in the past.

Since 1998 the record price for this artist at auction is 195,040,000 USD for “Shot Sage Blue Marilyn” which sold at Christie’s New York in 2022. 

Learn more about the other best-performing American artists of 2022.

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 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

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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

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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

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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

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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

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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

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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.