Tag: work art

Treasury Department Focuses on Emerging Digital Art Market and NFTs

Earlier this month, the Treasury Department dropped its long-awaited announcement report in the art market, with the lackluster title “A Study of the Facilitation of Money Laundering and Terrorist Financing through the Trade in Works of Art”. The report, which was commissioned (ok, mandated) by the Anti-Money Laundering Act 2020, looked at the risks of […]

Upcoming Rubens portrait auction solidifies Poland’s reputation as art market hotspot – The First News

With an indicative price of PLN 18-24 million, experts say this 17th-century masterpiece could be the most expensive work of art ever sold in Poland. DesaUnicum Poland’s reputation as an art market hotspot has been further boosted with the announcement that Rubens’ 17th Century Portrait of a Woman will go under the hammer in Warsaw. […]

Buying Art Online, Newcomers and Blockchain

Post views: 115 The art world is an extraordinary and creative sector in constant evolution. A market that until a few years ago was exclusively limited to collectors and local auctions, something that repeatedly turned to a few market niches. Then, technologies and digital breakthroughs have completely revolutionized this sector as well as the entire […]

Overview of Blockchain Tokens and the Effect of Crypto Art on the Art Market

To print this article, all you need to do is be registered or log in to Mondaq.com. Despite some early flirtations with blockchain technology.1 it wasn’t until early 2021 that the art market finally sank its teeth into the complex digital world of blockchain technology. Although “no “fungibles”, “NFT” for short, have gained notoriety in […]

NFTs in the art market: can creators of digital artworks claim a resale right?

A digital image NFT titled ‘EVERYDAYS: THE FIRST 5000 DAYS’ sold at Christie’s for US$69.3 million in 2021. Other spectacular NFT sales have since followed. This development opens up new opportunities for artists. They can trade their works in new markets and offer them to a wider audience. Due to the growing popularity of NFTs, […]

First City Art Center’s Winter Art Market returns in December

After a successful inaugural year, the First City Art Center’s Winter Art Market will return early next month, offering a variety of unique artwork from local vendors. This year’s event, on December 4, will feature over 20 local artists selling a variety of items including Christmas decorations, glassware, paintings, jewelry and more. Kelly Leitermann, events […]

Drogheda Port 2021 Art Commission announces figurative sculptor as winner

The Port of Drogheda has announced that its annual artistic commission for 2021 has been awarded to Drogheda-born figurative sculptor Ms Sallyanne Morgan. Applications from local artists were invited for a work of art from any artistic discipline based on a maritime or port theme. Now based in Bettystown, Sallyanne has spent many years abroad, […]

Jeffersonville Public Art Commission to Present Scavenger Hunt and Unveil Art Installation | News

JEFFERSONVILLE – A scavenger hunt featuring new sculptures in downtown Jeffersonville is among the upcoming events in the NoCo Arts & Cultural District. On Saturday, the Jeffersonville Public Art Commission will present Jeffrey’s Journey, which features 10 permanent sculptures hidden in downtown Jeffersonville. The mile-long scavenger hunt will run from 1 pm to 3 pm […]

Audemars Piguet Art Commission: The moon is leaving us by Phoebe Hui

Audemars Piguet has long been an enthusiastic supporter of contemporary art, believing that, like mechanical watches, works of art represent much more than what you can actually see. To put this philosophy into action, the Audemars Piguet Art Commission is a bi-annual event that celebrates art across the world. Every two years, an artist who […]

Did the Nazis force an art sale? The question persists 88 years later.

The Nazi authorities dismissed Curt Glaser from his post as director of the Berlin Art Library in April 1933 because he was Jewish. He was also evicted from his home and, the following month, sold most of his art collection in two auctions. Since 2007, 13 private collectors or institutions – including the Dutch Restitution […]

Can the London art market rebound?

Excerpt from the May 2021 issue of Apollo. Preview and subscribe here. With fairs canceled and galleries closed over the past year, London’s art market is a shadow of its former self. Will the city experience high attendance again, or are virtual viewings and dwindling sales here to stay? Below, art dealers Stephen Ongpin and […]

Charles Bronson to invest in Bitcoin with crypto-art sale and wants Elon Musk to buy one

Britain’s most notorious prisoner Charles Bronson is set to auction a limited number of his works as NFTs (non-fungible tokens) in the crypto-art market, and he dreams of selling a day one of his works to billionaire Elon Musk. An NFT – in relatively simple terms – is a kind of unique digital certificate that […]

What you need to know about DailyCoin

Navigating the Crypto Art Market: What You Need to Know Like stocks, bonds, gold or Bitcoins, art has value. Last year, symbolic or crypto art made waves in art communities and mainstream culture as it grabbed headlines around the world – but is there any tangible value in it? crypto art? Professional artists and amateurs […]

The art market is “at high risk” for money laundering, so ignore the new regulations at your own risk.

Having worked at Sotheby’s for 30 years and married to an antique dealer for 20 years, I appreciate how art specialists dread the words “Anti Money Laundering Compliance”. However, ignoring MLA compliance is not an option in the UK and is no longer optional as of January 10, 2020. It’s just one of those things […]

Christie’s Hopes to Open a New Frontier of the Art Market with the First-Ever Major Auction of an All-Digital Blockchain Artwork

Given the relentless buzz surrounding non-fungible tokens (or NFTs) lately, it was only a matter of time before the excitement spread across the art industry. This time has come. Christie’s has announced the sale of the very first pure digital artwork to be auctioned: Daily — The first 5,000 days by Mike Winkelmann, who is […]

Reviews | Want to get rich by buying art? Invest in women

When asked about discrimination against women artists, abstract expressionist Lee Krasner said the prejudice is as old as Judeo-Christian history. Dismissing the weight of that realization, she added, “I can’t do anything about these 5,000 years.” She paints anyway, as do women throughout the ages who have continued to create despite official disdain. Centuries and […]

Sotheby’s offers spring auction of abstract art in New York Latam

NEW YORK – Works by Colombian artist Fernando Botero, Cuban artist Wilfredo Lam and Mexican painter Rufino Tamayo are set to be among the highlights of Sotheby’s Latin American spring art auctions. next week, which will also include a special abstract art sale. Tamayo’s family-owned ‘La Familia’, which has just hit the market, is expected […]

Portinari tops Christie’s Latin American art sale

NEW YORK: A dreamlike painting of children releasing kites by Brazilian Candido Portinari sold for $1.4 million at Christie’s Latin American art sale and set a world record for the artist. Portinari’s 1941 Meninos Soltando Pipas was the top seller of the Wednesday night sale, which totaled $16 million and set benchmarks for other Latin […]

Rothko leads a record sale of contemporary art

NEW YORK – In a wave of auctions unprecedented in the history of the art market, Christie’s sale of contemporary art on Tuesday evening brought in $ 388.5 million, the highest amount ever recorded in this domain. A world auction record was set for a contemporary work of art when Mark Rothko’s “Orange, Red, Yellow” […]

Back To Top