Tag: Investing

Salvator Mundi: a Bone of Contention – 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 – 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.

Exclusive Interview with ‘Mon Dieu’ Gallery Owners Juno Youn and Spencer Walker | Part 3

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“I foresee a mature NFT developing from the ashes of the grifters. Original art is original art and there will always be a market for it. The world will only get more digital. Whether it’s gaming platforms or the metaverse, cave paintings or an NFT gallery, there are still walls that need decoration. The savvy artists will figure out how to keep a toe in each pool to create physical and digital work, each raising the others’ profile.”

Mon Dieu Projects aims to bring some irreverence to the LA art world with its provocative curatorial choices. “Mon Dieu” the French expression of “My god!” and surprise is the reaction the curators hope to inspire. It also represents Galerie Youn’s Montreal roots with its roster of eccentric artists, who are thrilled for their West Coast debut.

The Royal FAUST – One of the Rarest Antique Books in the World … That You Can Actually Buy

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Goethe's Faust, First Part - Erster Theil. Auguste von Kreiling, Friedr. Bruckmann’s Verlag 1875, 1876, 1877, 52 x 39 cm

Johann Wolfgang von Goethe was a world-renowned 18th century writer and philosopher, covering poetry, plays, novels, and scientific treatises, and widely considered the greatest German writer of all time. His magnum opus, “Faust,” tells the story of a scholar who makes a deal with the devil in exchange for unlimited knowledge and pleasure, and is regarded as one of the greatest literary works ever written. Now imagine owning an antique limited-edition royal “Faust” that is the size of a small window. It is covered in leather and silver, published and decorated by the finest bookmakers and artists of its time, and made exclusively for Queen Victoria. Who wouldn’t want such a copy for their personal library?! This book exists, and with some effort, you can purchase it for your collection.

Rembrandt’s Night Watch in Delft Blue Version: Phygital NFTs Kickstarting a New Generation of Traditional Art

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The Night Watch painting by Rembrandt, reproduced on a panel of tiles, known as the “Delft Blue” version, will be launched in the physical and non-fungible token (NFT) format this March by Art Attainment, the company created by a team of Portuguese and Dutch, responsible for the project that promises to revolutionize the traditional art market by democratizing, digitizing, and eternalizing one of the greatest works of art in the world through blockchain technology.

This project is the beginning of Art Attainment’s NFT art collective, which will bring some of the greatest names in art history to the digital space, creating dynamic and interactive experiences that explore the boundaries of traditional art through technology.

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 ‘good art appraisal’ 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?

Artificial Intelligence on Art Investing

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The World Art News is continuing its art exploration of the World’s Leading Artificial Intelligence system ‘ChatGPT’. This time we decided to find out what AI knows about Art Investing. Keep in mind that this entire article was written by a machine, we just asked it the right questions and added some headlines.

“One of the main benefits of investing in art is its lack of correlation with the stock market. While the stock market may experience fluctuations, the art market has its own set of independent factors that can affect prices. This means that an investment in art can potentially provide a hedge against economic downturns.”

T206 Honus Wagner – One of the Rarest Baseball Cards in Existence

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Honus Wagner, also known as “The Flying Dutchman” was a professional baseball player who played shortstop for the Pittsburgh Pirates from 1897 to 1917. He is widely considered one of the greatest players of all time and was one of the first five players to be inducted into the Baseball Hall of Fame in 1937. Off the field, Wagner was known for his humility and sportsmanship. He was respected by both teammates and opponents for his gentlemanly behavior and fair play.

One of the most interesting facts about Wagner is that he was the first baseball player to have his own baseball card. The T206 Honus Wagner baseball card is considered to be one of the most valuable and rarest cards in existence.

Rough Diamond Financing – Sarine and DELGATTO Sign Strategic Cooperation Agreement

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Until now assessing rough diamonds was an inaccurate subjective process, at best. This, along  with the difficulty in providing unique identification means, reduced their attractiveness as collateral.  The DDFF and Sarine’s groundbreaking cooperation utilizes Sarine’s various proven industry leading technologies, including the Galaxy® and DiaExpert® platforms along with the Advisor® and  related software processes, to accurately, objectively and rapidly evaluate rough diamonds, as well  as uniquely tagging them, with the result being the ability to reliably ascertain the optimally produced  polished diamonds’ potential value, and hence confidently provide financing. The DDFF will apply  Sarine’s technologies to evaluate if the rough diamond is eligible for the requested financing, and  at what level. 

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.