Tag: Money

Latest World Art News about Money, Capital, and Wealth in the Art, Antiques, and Collectibles markets.

Is Saudi Prince About To Buy $36M Chinese Ming Dynasty Statuettes

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After our first publication about these rare $36 Million Chinese Ming Dynasty statuettes, The World Art News received further questions regarding their provenance, authenticity, valuation, and who may be the potential buyer of these unique artifacts. For answers we went straight to the source and took a sensational, exclusive, and provocative in-depth interview with their current owner, prof. Mikhail Tamoikin, Ph.D.

Professor Tamoikin was surprisingly candid with us and gave stunning answers to all our questions. If you ever wandered how the super-rich do business, negotiate, and operate in the art market, this interview is a Must-Read!

Could two Chinese Ming Dynasty statuettes be worth more than $36 Million

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It appears that one major art fund is looking to find out. You might have heard that in 2014 a Shanghai-based art collector Liu Yiqian spent $36.3 million on a tiny porcelain Ming Dynasty cup. That news made the art reporters buzz for the whole year, bringing fame and fortune to Mr. Yiqian, and making it clear to the whole world that Chinese heritage has value, a lot of value!

The Tamoikin Art Fund (TAF) is clearly looking to test this theory, because recently it unveiled two ancient Chinese statuettes that have been attributed to the Ming Dynasty, which ruled China from 1368 to 1644.

Cellini In Trouble Again? Charges Brought Against His €107 Million Portrait

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It seems that the mischievous spirit of Benvenuto Cellini lives on in his mysterious €107 million self-portrait that 500 years later continues to stir up trouble for everyone who comes in contact with it.

Explore this fascinating story of money, betrayal, and prestige in our exclusive interview with Prof. Mikhail Tamoikin, the man who appraised and put the now-famous self-portrait of Benvenuto Cellini on the map. It’s a saga worthy of Cellini himself!

$100 Million Samurai Tachi – The Most Expensive Sword in the World

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This Tachi sword belonged to one of the most famous warlords in Japanese history – the great Fukushima Masanori (1561–1624).

He is known as one of the Seven Spears of Shizugatake for his actions in the Battle of Shizugatake, where he had the honor of first blood.

Throughout his life, he fought in many campaigns, including the Battle of Ch’ungju during the Japanese Invasion of Korea in 1592.

The sword currently in the Tamoikin Art Fund and is considered to be one of their most valuable assets. It has been appraised at over $105 million and was featured in the prestigious Forbes 400.

Exclusive Interview: MONCHO1929 – Explosive Public Artist for the VIP | Google, Audi, Figge, Buffett

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From Google and Audi to the French Consulate of the US, from Paramount and Universal Pictures to the Public Art collections of cities like Glendale, Los Angeles, and West Hollywood – his work has been featured in various solo and group exhibitions in the United States and all over the World! This is WAN’s exclusive interview with an explosive public artist – MONCHO1929

The Problem with NFTs

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Around February of this year, in the midst of the still-pending cryptocurrency boom, a sub-category of digital assets started to really take off. NonFungible.com reported that by the first quarter of 2021, over $2 billion worth of transactions had taken place in the NFT market. Musician Grimes sold almost $6 million worth of digital art via digital asset marketplace Nifty Gateway, who are partnered with Sotheby’s. Twitter founder Jack Dorsey auctioned his first ever tweet as an NFT, the final bid closing at $2.9 million. UFC Heavyweight Champion Francis Ngannou sold NFTs following his knockout victory over Stipe Miocic. The proceeds of the sale, $580,000, was actually more than his disclosed purse for the fight itself that earned him the belt. Despite the hype, in many regards serving as a speculator’s dream, NFTs come with inherent issues that threaten to hamper widespread and enduring adoption.

Why Soviet Firearms are a Great Investment – Part 1: The SKS

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Despite its relatively short term as the Soviet Union’s main battle rifle, this has not diminished the SKS rifle’s presence on the global market as an increasingly sought-after firearm that is both highly collectible and investible. There are in fact numerous reasons for this. The most readily apparent is the historical aspect. There is of course the SKS rifle’s iconic status as a classic WWII and Cold War era firearm of the Soviet Union. There is also its extensive use by other countries across numerous conflicts throughout history, including the Chinese Civil War and the Vietnam War. To this day, the SKS remains in active, secondary, and ceremonial use across the world.

3 Valuable Toy Cars & Trucks That Your Kids Could Be Playing With Right Now

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Ever wanted to have a car dealership as a kid? Maybe you desired an exotic car collection but couldn’t afford it? Well, this is your lucky day! All over North America and the world at large, adults of many ages relive their childhood memories through their beloved childhood toy cars and truck, paying handsomely for specific models. Surprisingly, some of these toys aren’t even that old, but then again, neither are adults who seek them. Seriously, there are toy car dealers who make good money buying, selling, and trading these vehicles. If you think that’s crazy, we got news for you – toy car repair shops exist as well! So when your kids get back from their 4×4 off-road trip with a busted tire, you know where to go. Just don’t forget insurance.

Interview with an Art Banker, Thomas González – $133 Million in Loans | Part 2

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Thomas says: “The toughest part of my career was to build that confidence step by step and on both sides: funding partners and art clients. It was like a wall of bricks. Brick by brick, loan by loan, I got better.”

“If you are on the art side, it is necessary to get involved in the art market. I know a lot of big galleries that look for staff. People who know how to run an art market business are candidates in high demand that these big galleries want to hire.”