March 9, 2025

Art Investment

Art Investment

The Financial Industry’s Ties with the Art World Are Getting Tighter

Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday. With the major May auctions around the corner, the Art Business Conference has landed in New York for the first time since before the pandemic with a full slate of panels that examine the state

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Art Investment

The Financial Industry’s Ties with the Art World Are Getting Tighter – ARTnews.com

Courtesy Arkive. Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday. With the major May auctions around the corner, the Art Business Conference has landed in New York for the first time since before the pandemic with a full slate of panels that examine

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Art Investment

Avoiding Taxes on the Sale or Gifting of Art

with wow word. Face close-up. Comic vector illustration on pop art background. getty I recently had a conversation with Irena Tarsis, the Founder and Managing Director of the Center for Art Law, an independent public charity that is dedicated to writing, gathering, and sharing legal and visual arts information for the benefit of artists, students,

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Art Investment

Sculpture Trail in Augusta on display along Savannah Riverwalk, continued investment in public art on display | North Augusta, CSRA News

New art is prominently on display in downtown Augusta for all to view. The Augusta Sculpture Trail, a public art trail located along the Savannah River, added new art that was unveiled after a ribbon cutting on April 21. The art trail is funded by the Greater Augusta Arts Council. “This is a new

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Art Investment

Succession & Billionaire Art Investments

Update, April 2023, (Succession spoilers ahead): All of the drama in the fourth episode of Succession‘s final season swirls around a piece of paper. Discovered in Logan’s private safe while “friends and family” have gathered in his Fifth Avenue palace to grieve the fallen patriarch, it appears to be a list of last wishes, some

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Art Investment

Focus: Ferrari fever? Classic cars roar into investment funds

Rise of classic cars beats wine, watches and art – index 1962 Ferrari fetches $48 mln, 1955 Mercedes-Benz $149 mln Asset managers offer funds focused on vintage vehicles Electrification to turn collector cars into ‘cult objects’ MILAN, April 15 (Reuters) – In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained

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Art Investment

Portrait of the Artist as an Investment Opportunity

A corpulent banker with a gold-encrusted hat frowns at a group of ailing and maimed figures in a caricature by Albert Hahn. The protagonist of Emile Zola’s novel “L’Argent” (“Money”) — the manuscript of which is on display — is a powerful and scheming banker who destroys lives through stock-market speculation. In the case of

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Art Investment

Investing in Art-Backed Debt: How Non-Artists Can Build Portfolios

In May 2022, Andy Warhol’s portrait of Marilyn Monroe sold for $195 million—the most expensive artwork ever publicly sold by an American artist. Getty Images Investing in art-backed debt is among the least understood ways that people make money investing in art. It is also the best way to get started as an art investor. 

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Art Investment

Art Institutions Invest in Publishing

It’s not uncommon for galleries and museums to maintain publishing teams to produce the print catalogs, replete with scholarly analysis, that accompany their exhibitions. But as these institutions seek to reach new audiences and remain relevant, book and magazine publishing have increasingly become important avenues for interdisciplinary conversations. “I think the power of the publishing

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Art Investment

Unesco chief vows to help rebuild Ukraine’s heritage and culture—but $6.9bn investment is needed

The director general of Unesco has pledged to help rebuild Ukraine’s shattered culture sector after travelling to the war-torn country earlier this week. During her visit, Audrey Azoulay told the Ukrainian president Volodymyr Zelensky that “in order to rebuild but also to redress the situation, it will be necessary to invest $6.9bn in the cultural

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