NEW YORK, June 29, 2023 (Newswire.com) – Art represents an opportunity to diversify an investment portfolio, as well as hedge against inflation. According to the Artprice 100 Index, blue-chip art outperformed the S&P 500 Index by 22% in 2022. And, yes, acquiring a piece by blue chip artists such as Basquiat, Warhol, or Picasso will consume

Demand for fine wine is outstripping other investment assets — including watches, luxury handbags, and art — new research by WineCap shows, with investors buying into the category as an “inflation hedge”, Cru World Wine told db. New research from fine wine investment platform WineCap has revealed fine wine’s growing prevalence among high net worth

At this year’s Art Basel, discerning art lovers may have discovered, hidden amongst the hundreds of exhibitors, Raed Yassin’s Death Investment at Booth M8 or Lamia Joreige’s Sun & Sea at Kult Kino. An installation view of ‘Death Investment’ at Art Basel. Marfa’ Projects Yassin’s exhibition featured perfectly clean, mounted animal skulls with perfectly aligned,

Last updated: June 26, 2023 06:53 EDT | 6 min read For years, investing in art was something that was associated with the rich and wealthy. Today though, thanks to the emergence of NFTs, anyone with an internet connection and a web3 wallet can afford to buy art.  Read on to learn what NFT art

michael barbaro From the New York Times, I’m Michael Barbaro. This is “The Daily.” [music] Today, It started with a picture posted on the internet and ended in an extravagant cryptocurrency bidding war. [archived recording] Now to the latest trend that’s sweeping the internet, the skyrocketing prices for digital art sold as NFTs. NFT, and

ARTSPLIT, the art investment platform, is making alternative investment assets such as artworks and music more inclusive and accessible for everyday people and at the same time, helping artists to make money from their works. Art pieces are expensive, but what if, with only a token, you could own a slice of one of these

New York attorney Daniel Kokhba was one of many investors in 2020 who bought a stake in Cecily Brown’s Girl Trouble, 1999, an 8-foot-tall painting of abstracted reds, oranges, and yellows where figures emerge within thick strokes of paint. Fractional values of Girl Trouble were available to investors at $20 a share, with a minimum

Mr. Isen provided his perspective on art market transactions. “It’s different than selling a car,” he said, “’cause car has to have the registration, the title, and this and that and everything. … These are nothing. … These could have been, these could have been your grandmother’s. You follow me?” “So I can say, ‘hey,

By Kai CurryNORTHWEST ASIAN WEEKLY I’m in love. I’ve walked into the Kelly Akashi: Formations exhibition at the Frye Art Museum on First Hill and it is at once familiar and new. It’s the largest showing of Akashi’s work thus far, covering up to 10 years of her exploration and experimentation in various media.  Kelly

No one likes losing money. But making losses is a perennial risk of being an investor. There are shades of loss, though. Your average ISA investor rarely faces complete financial ruin, but even double-digit losses can cause severe financial and psychological discomfort. I’ve been investing for around 20 years and made some bad decisions (buying