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Art valuation, an art-specific subset of financial valuation, is the process of estimating the market value of works of art. As such, it is more of a financial rather than an aesthetic concern, however, subjective views of cultural value play a part as well.
A painting by British artist George Stubbs is expected to sell for up to £2 million ($2.5 million) in London next week, as it comes to auction for the first time in more than 50 years.. The 18th ...
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The highest known price paid for an artwork by a living artist was for Jasper Johns's 1958 painting Flag. Its 2010 private sale price was estimated to be about US$110 million ($154 million in 2023 dollars). All-time This is a list of highest prices ever paid—at auction or private sale—for an artwork by an artist living at time of sale. Adjusted price (in millions of USD) Original price (in ...
An art auction at Christie's. The art market is the marketplace of buyers and sellers trading in commodities, services, and works of art.. The art market operates in an economic model that considers more than supply and demand; it is a market where art is bought and sold for values based not only on a work's perceived cultural value, but on both its past monetary value as well as its predicted ...
In a recent paper, Jianping Mei and Michael Moses of JP Mei & MA Moses Art Market Consultancy found that the average return on art sold in the first of half 2024 was just 0.1%, the lowest yield ...
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The Pictet Collection is a private art collection established by the Pictet financial group since 2004. It is composed of paintings, photographs, drawings, sculptures, installations and videos made by artists born in or having a strong cultural link with Switzerland. [1] In 2021, the collection had over 900 works of art. [2]
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