Issued on: 21/08/2022 - 05:52Modified: 21/08/2022 - 05:50 Paris (AFP) – The closest most people get to owning a world-famous artwork is to buy a cheap poster from a gallery, but art dealers are determined to harness technology to draw in new collectors. Anaida Schneider, a former banker based in Switzerland, is among those promoting new ownership schemes -- for a small fee, investors ...
REXBURG — Two Rexburg friends and fellow artists have decided it’s high time for East Idaho to have its own fine art market. The East Idaho Art Market will be held Saturday, Aug. 27, from 10:30 a.m. to 7 p.m. behind the Madison School District offices at 60 West Main Street in Rexburg. It will feature more than 30 artisans and makers of handmade ...
In the 1950s, Albert Namatjira's iconic watercolour artwork would often sell on the streets of Alice Springs for just a few shillings.Key points:Demand for Albert Namatjira artwork has surged, with one piece fetching more than $120,000A prominent art proprietor says people are realising how important an artist the Arrente man wasA member of Namatjira's family says his legacy has inspired many others to follow in ...
To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The Headlines MUSEUMS UP NORTH. Huguette Vachon, the widow of the painter Jean-Paul Riopelle, who died in 2002, has proposed opening a museum devoted to his art on the Isle-aux-Grues in Quebec, the Art Newspaper reports. The 3,000-square-foot Musée-Atelier Riopelle, which would present Vachon’s holdings of his work, is estimated to cost about US$3.3 million to build and could ...
One fifth the size of Rhode Island, Singapore is an island city-state, off the peninsula of Malaysia, in the middle of Southeast Asia, that wields immense power in the global financial and trade industries, like its traditional rival Hong Kong in the north. Also like Hong Kong, Singapore’s government has been harboring larger-than-life ambitions to position the country as a top contender in the ...
The art market’s traditional summer break is becoming more nail-biting than usual as the wider economy teeters towards a recession. Most of the pessimism emanates from the US, which is the ever-growing driver of the global art market, so a slowdown of activity there would ripple worldwide.It is still debatable whether a recession is definitely where we are heading but the International Monetary Fund ...
In museums and galleries, and on the art market, African art has become sought-after. But international recognition didn’t happen overnight, as many might assume. Instead, it came through the concerted efforts of African art experts like Bonhams specialist Helene Love-Allotey. In sales at that auction house, Love-Allotey has been quietly rewriting the rules of the burgeoning African art market. In 2020, Love-Allotey broke away ...
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Tuesday, July 12. NEED-TO-READ The Afterlife of Public Art Installations – Sadly, most public art in New York ends up in a dumpster. Dozens of commissions are awarded annually and competition is fierce. When the ...
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Tuesday, June 21. NEED TO READ Ben Davis on the Art World’s Future – In his new book, Art in the After-Culture: Capitalist Crisis and Cultural Strategy, Artnet News’s national art critic Ben Davis imagines ...
Only a year after the Bitcoin network first came to life in 2015, the French-US artist Sarah Meyohas created her BitchCoin project, for which she developed her own cryptocurrency with the idea that collectors should invest directly in artists instead of works of art. The inspiration came, Meyohas says, from the invention of Bitcoin, which she describes as a “creative act”.She adds: “Bitcoin has ...
