NFTs (Non-Fungible Tokens) have received a lot of attention in recent years, thanks to the buzz surrounding multi-million-dollar sales of digital art pieces like Beeple’s “Everydays: The First 5000 Days.” NFTs have enabled the ownership of one-of-a-kind digital assets such as art, music, and other collectibles. In this article, we will look at why NFT
The international law firm gives a brief tour of the fine art investment landscape, a subject of interest to private client advisors, banks and others looking after HNW and ultra-HNW clients. The following brief commentary on fine art and investment comes from the international law firm Squire Patton Boggs, and is part of its
Jessica Cejnar Andrews / Tuesday, Feb. 7 @ 4:29 p.m. Council Weighs Return on Investment When Deciding Whether to Use Public Dollars to Display Ukrainian Artist’s Life’s Work Ukrainian artist Val Polyanin operated his roadside gallery near South Beach for about two decades before he left the area, leaving his work to Crescent City. |
According to a forecast by the International Monetary Fund, the global inflation rate could reach an all-time high of nearly 8.8% in 2022, before it starts to decline. Invariably, most investment assets (like stocks and crypto) underperform during such periods. Meanwhile, an alternative investment like art could indeed help you hedge against inflation. Buying art
VCs can make spectacular returns. Sequoia Capital banked $3bn from its $60m investment in Whatsapp. Lightspeed Venture Partners turned $8M into $2Bn when it exited Snap. And SoftBank’s initial $20m investment in Alibaba was eventually worth $60bn when the company was listed on the stock market – that’s an incredible 3000x return. How do they
LONDON, UK / ACCESSWIRE / January 31, 2023 / Launched in 2016, S&P Gallery is a leading art advisory service and online e-commerce art platform for novice and experienced art collectors, art lovers, and individuals looking for the perfect artwork to decorate their homes. S&P Gallery has a sister company, Zeno, which is a publishing
Hanging art on your walls is always uplifting. However, making an entry into the art market as an investor can be challenging. If you are immersed in art, buying art is not a difficult proposition. You are aware of the styles, artists, periods, genres, and emerging artists. But if you are beginning to take interest
Four foot dissected companion, by Brooklyn-based artist KAWS. Photo from Maddox Gallery Young professionals are embracing a diversifying art world, which could mean a continued boom for contemporary and ultra-contemporary works ‘A painting is not a picture of an experience, but is the experience’. Mark Rothko’s famous sentiment is increasingly being echoed by investors who
Gallery Network The company demystifies the art market and provides a transparent way to confidently invest in art. Artnet Gallery Network January 6, 2023 Heinz Mack, Window (Chromatic Constellation) (2016). Courtesy of Arttrade. Art collecting has a very distinct cachet, one that is exclusive, monied, and largely opaque. Blue-chip art and artists (those with a
Elizabeth von Habsburg and Nanne Dekking Artory/Winston Art Fund When Dutch-born Nanne Dekking came to New York in 1996, he quickly realized he needed to be “nimble.” The humble portrait specialist surprised even himself when he found himself getting to the root of problems with provenance (painting origins, particularly in the wake of Nazi seizures