Tag: Money

Exclusive Interview with Veronica Winters – Part 2 | In the Name of Love

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Veronica Winters is one of those rare professionals who can paint stunning beauty with near perfection. Her precise, colorful, and highly imaginative style often leaves the viewer speechless. It isn’t easy, nowadays, to find an artist that is still following in the footsteps of the Old Masters and is putting in the time to create works of truly fine contemporary art. In our continuing celebration of women and their amazing accomplishments, The World Art News is pleased to publish Part 2 of our Exclusive Interview with Veronica. Let’s begin!

Exclusive Interview with Tom Glynn – Part 3 | Taking Care of Business

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How much do your paintings cost? “My paintings range in size, theme and medium and whilst I make very large and small paintings, the price can vary considerably. A small  painting may take me one to two weeks to complete, while a very large  painting will evolve over one to two months and involve more materials. Typically, I have sold A5 to A4 paintings from $5,000 to $8,000 (dependent upon the dealer or gallery commission) and very large ones from $10,000 to $15,000. My paintings will also be valued against my expertise, experience and reputation and of course every piece I make is unique and continues to increase in value. With regards to my sculptures and assemblages, prices are on application.”

Tom Glynn is a rare breed: an artist who can move effortlessly between artforms, materials, scales and registers, equally adept at making miniature paintings and  monumental sculptures. And yet all of his work is unmistakably English in mood.  His images are populated by the country’s Neolithic monuments and pastoral landscapes, and informed by the many artists who inhabited those places before him.  Glynn is driven by the same Romantic spirit that motivated Palmer and Turner, Nash  and Piper, Wallis, Lanyon and Hockney, but his art is never anything but his own. It  is, after all, underpinned by an urge that has coursed through his veins since he first stepped foot in a sandpit. – Dr. James Fox | British Art Historian & Broadcaster

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.”

‘PAINTING HER’ Exclusive Interview with Italian Hermetic – Claudio Giulianelli

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Claudio Giulianelli is an internationally recognized artist known for his romantically surrealistic oil paintings of Italian women in traditional costumes. He was born in Rome in 1956 and from the moment that Claudio could hold a pencil he began to draw. Now, many years later, Claudio’s colorful, bright, and delightful artworks can be found in many collections around the world. Throughout his life he meticulously studied the Old Masters as well as philosophers and mystics, and in the process became a master of the brush himself. The World Art News is pleased to share with you our exclusive interview with this fascinating artist.

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. 

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.”

Is Art Financing Terrorism?

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Art and terrorism seem to be worlds apart, however what most people perceive as heritage and culture – criminal organizations see as cold hard cash. Cash that is hard to trace and very easy to move undetected through any borders of any country.

First crucial point to understand is that when we are talking about art, we do not mean your local flea market ‘stuff’. Nor do we limit ourselves to just paintings. We are talking about high-end ‘movable cultural property’ consisting of art, antiques, and collectibles … very expensive art, antiques, and collectibles. Items that by far exceed a $100,000 dollars benchmark.

Second point to understand – there are lots of them, everywhere, in every country, city, and town. In fact there will never be a shortage of them. With the latest modern art hype the market literally became a factory. These modern creations are breaking multimillion dollar records at top auctions around the world.

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.