Tag: Auction

Salvator Mundi: a Bone of Contention โ€“ Prominent Art Restorer Speaks Out

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Salvator Mundi is a remarkable painting by Leonardo da Vinci, known for its record-breaking sale of $450 million. This renowned artwork possesses a long and intriguing history, with some experts dating its creation back to the late 1490s, while others argue it was completed after 1500. There is a theory suggesting that it may have been commissioned for King Louis XII of France and his consort, Anne of Brittany, possibly soon after the conquests of Milan and Genoa. However, it is important to note that not all historians accept this theory. By delving into the painting’s history from its inception to the present day, we can observe the impact of the art market, pricing, and the various interventions it has undergone.

Geneva Attracts China with Antiques from the Mavromichalis Collection โ€“ 100% of Lots Sold Totaling $3 Million

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The Asian art auction held in Geneva this week garnered significant attention from China’s top collectors, resulting in an impressive $3 million in sales. This remarkable achievement not only establishes a new record for the auction house in this field but also solidifies Piguet’s position as a prominent player in Chinese art auctions. Chinese collectors made dedicated visits to Geneva, while others participated through telephone and online bidding, engaging in spirited competition with European and Swiss collectors, all vying to possess one of the extraordinary Chinese jades from the renowned Mavromichalis collection.

Top 5 Most Expensive Paintings Ever Sold

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leonardo salvator mundi

When it comes to the world of art, certain paintings command staggering prices that represent the pinnacle of human spending power. These masterpieces are highly cherished by investors, collectors, and art lovers alike. The top five most expensive artworks ever sold are a testament to the enduring value of art. Ranging from the masterful brushstrokes of Leonardo da Vinci to the bold color fields of Mark Rothko, these works hold more capital than some banks. In this article, we will take a closer look at the most expensive artworks ever sold, examining the artists, the works, and the prices they fetched at auction or private sale. Whether you are a seasoned collector or simply an art enthusiast, read on to discover the most valuable paintings in history.

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 Warholย (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 Warholโ€™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.ย 

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

Sothebyโ€™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 โ€œMetaSkull ๅ…ƒๅฎ‡ๅฎ™้ชท้ซ…โ€(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 Sothebyโ€™s – a Xperience Digital Art Auction, with the unique skull motifโ€™s final bid concluding at USD $7,700 (HKD $60,480).ย 

The combined auction proceeds from Mr. Tsaiโ€™s digital artworks amounted to USD $665,832 (HKD $5,226,480), with a total of 5 lots sold – including Jackyโ€™s impressive โ€œGolden Yearsโ€, which sold for USD $321,036 (HKD $2,520,000).

METASKULL NFT DROP | Renowned Digital Artist Jacky Tsai and Froyo Games Launch Skull Art NFTs for Metaverse

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Jackyโ€™s first digital project was an NFT titled “Chinese Floral Skull, Lot 37” that sold at Sothebyโ€™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 โ€œMetaSkull Collection ๅ…ƒๅฎ‡ๅฎ™้ชท้ซ…โ€, his inaugural Skull Art NFT collection that features the artistโ€™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.ย 

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

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

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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 Chรขteau Le Rosey library of rare books and much more!

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.

NFT AUCTION: RtistiQ Set To Launch Digital NFTs of Raja Ravi Varmaโ€™s โ€˜The Coquetteโ€™ and โ€˜Reclining Nair Ladyโ€™

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To start off the new year, RtistiQ will present the Digital NFT versions of Raja Ravi Varmaโ€™s (RRV) works โ€˜The Coquetteโ€™ and โ€˜Reclining Nair Ladyโ€™, two of his most famous paintings. With the originals considered to be National Treasures and unable to be brought out of India, the NFT versions will be auctioned online on the RtistiQ platform from 17 February to 20 February 2022.

This collection will be single editions of works of the Indian Art Legend to be tokenized and minted and this also marks the first NFT sales in collaboration with a traditional gallery and an artist foundation.

Original Artworks valued at USD 2.5M

Lithographs valued at USD 1K