Non-fungible tokens, or NFTs, have been a hot investment theme the past couple of years. Although various uses for these cryptocurrency-based assets are still being developed, art investing has emerged as an early winner for NFT utility. Traditional art investing is largely the realm of the super wealthy, but NFTs have opened the door for
HONG KONG, CHINA – OCTOBER 04: Visitors experience an immersive art installation titled “Machine … [+] Hallucinations Space: Metaverse” by Refik Anadol at the Digital Art Fair Asia showcasing digital and NFT art on October 4, 2021 in Hong Kong, China. The first edition of Digital Art Fair Asia is taking place in Hong Kong.
You’ve always loved art. And as a financially savvy person, you also know that art can be more than just something beautiful—it’s also one of the biggest investment crazes of the last few years. You’re not alone. 33% of Millennial investors believe art can be used as an asset to build wealth. But is art
Several Masterworks investors have asked us to compare artwork and cryptocurrency from an investment standpoint. While interest in cryptocurrencies has increased over the past decade, so has an interest in art from an investment perspective, and now through Masterworks, investing in art has become more accessible to the broader investor community. But, how do the
Warren Buffett dismissed art as a bad investment nearly 60 years ago. France could have made $1 quadrillion if it had invested instead of buying the Mona Lisa, he said. Buffett described investing, valuing and building businesses, and Berkshire Hathaway as art. Thanks for signing up! Access your favorite topics in a personalized feed while
In the fall of 2018, a Banksy work, “Love is in the Bin,” sold for US$1.4 million. Now the original buyer has put the work up for sale, and it’s expected to fetch over $5 million – that would amount to a return of more than 250% on the original investment. What if, instead of
Artists in India have weaved an amalgamation of expressive visual culture. The Pre-Independence period in India witnessed artists developing contemporary styles. The colonial rule encouraged engagement between traditional and modern techniques. Painters recognised the demand for this hybrid visual format and delineated images, suggesting encounters with various geographical, social and cultural distinctions in the state.
What was still new and different a year ago is now more routine: A venerable art fair is entirely digital. The organizers of the European Fine Art Fair, presenting TEFAF Online 2021 from Thursday through Monday, decided that given the uncertainty surrounding the coronavirus pandemic, a virtual edition was the smart move — even though
GÜNTHER Two items stand out to me. One, the Stammheim Missal (1170-1180), now resides in the collection of the J. Paul Getty Museum in Los Angeles. I acquired it from a German noble family who had owned it for around 200 years, and sold it in the mid-1990s to the Getty. I still think it’s
Shells have long been valued by societies all over the world for their diversity, beauty, and luminescence. Evidence from the Middle Stone Age tells us that shells were the first objects to clearly be used as personal decoration, and in more recent history, shells were a crucial inspiration for artists like Leonardo da Vinci, Rembrandt,