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First Banksy Exhibition in 14 Years: New Works to Enter Market?
What will be interesting is how the “Cut & Run” exhibition will impact the value and desirability of his artworks in the investment market. Collectors and art enthusiasts alike will undoubtedly be watching closely as a new type of Banksy work (the stencils) potentially enter the market.
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Should You Buy Art For Christmas?
As we approach the end of the year, the loved ones of art collectors may get the idea that they will give the gift of art this Christmas.
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Art hot during high inflation
It could be said that recent auction results are proof of arts growing status as an asset that investors can trust as a hedge against inflation. While it is an liquid asset (is not as quickly exchangeable for cash as stocks), perhaps some investors are considering this the necessary price to pay to be better…
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Art At The Qatar World Cup
Qatar has had to build a tremendous amount of infrastructure, including stadiums, roads, and accommodation, in preparation for the 2022 Football World Cup. Estimates put the cost at about US $200 billion. Sadly, on the way to completing these projects, it has been reported that hundreds (if not thousands) of workers have…
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Worrying Trend of Activists Targeting Art
You may know that activist groups have targeted several major artworks in the past few months. While, for now, the artworks remain unharmed, it may only be a matter of time before a well-loved/ known artwork is irreparably damaged or destroyed. The two latest events occurred at the National Gallery of Victoria, Australia, where two Extinction…
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2 Art Auctions About To Break Records
Two high-profile art auctions are coming up next month that may deliver record prices for some artists in the collections. The auctions will also be a chance for collectors to evaluate the health of the art market, especially as it compares to real estate and stocks, which, since the beginning of the year, have been…
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Picasso’s 50-Year Death Anniversary
How will prices for Pablo Picasso’s artwork react to the upcoming 50th anniversary of his death? I ask this because there will be increased media coverage of the late artist and the numerous exhibitions scheduled to coincide with this anniversary. With the increase in Picasso’s presence in the media and out in the world in…
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Famous People Making Art
I was reminded that quite a few celebrities have made a foray into the art world last week when Brad Pitt and Nick Cave made headlines with their exhibition of sculptures at the Sara Hildén Art Museum in Finland. Off the top of my head, I can name a few more that have dabbled in…