Arizton Advisory and Intelligence put out their report on the art auction market recently and there's a few interesting points worth considering. In the report they lay out the argument for why they expect the art auction market to grow to $38 billion by the year 2024. They also list geographic profiles and the significant vendors likely to play a large part in market growth. … [Read more...] about Art Auction Market Expected to Hit $38 Billion by 2024
Art
Monet’s Meules sells for $110 Million
Claude Monet's Meules - Image credit Sothebys Claude Monet's 'Meules' sold for $110 Million at a Sotheby's auction shattering the record for highest price ever paid for a Monet work and also a record for an Impressionist work of art. It's the first time the work has come to auction since 1986. Meules was first acquired by a wife of a wealthy Chicago businessman, Bertha … [Read more...] about Monet’s Meules sells for $110 Million
Billionaire named mystery buyer of Caravaggio painting found in French attic
Caravaggio, Judith Beheading Holofernes Days before the Caravaggio painting which was discovered in an attic was to be auctioned it was snapped up by a mysterious buyer who's offer reportedly, "could not be ignored." Billionaire J. Tomilson Hill, a noted art collector was behind the purchase where the final price was not reported. J. Tomilson Hill who was … [Read more...] about Billionaire named mystery buyer of Caravaggio painting found in French attic
Fractional Art with Masterworks
Masterworks allows anyone to purchase fractional interests in great works of art Own a piece of world famous artwork and access a market that's only been open by wealthy investors until now. With Masterworks you're able to buy a share of an expensive piece of art, potentially worth millions of dollars, and hold or resell shares as the masterpiece appreciate in value. … [Read more...] about Fractional Art with Masterworks
The Hand of Leonardo – Michael Lewis Podcast
Everyone knows who Michael Lewis is by now. What you may not realize is that he's started a new podcast recently called 'Against The Rules With Michael Lewis.' The podcast takes aim at fairness, or lack thereof in financial markets, sports, newsrooms, courts of law and a number of other arenas. All the episodes thus far have been excellent and I highly recommend you check them … [Read more...] about The Hand of Leonardo – Michael Lewis Podcast