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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.
Museum of Modern Art New York: Private sale via Thomas Ammann, Fine Art Zurich [63] $145.6 $107.5 L’Homme assis au verre: Pablo Picasso: 1914 May 2011: Yves Bouvier [note 14] Dmitry Rybolovlev: Private sale via Yves Bouvier [64] [65] $139.3 $139.3 Femme à la montre: Pablo Picasso: 1932 November 9, 2023: Emily Fisher Landau's estate Anonymous ...
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 ...
Blockage discount is an art-business-related and legal term of art for referring to the money discount assigned to a group of artworks by a single artist when that group of works is to be released to market as a group rather than individually.
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 ...
Stone has moderated and participated in numerous panels and lectures, engaging topics ranging from art valuation to the dynamics of the art market. Notable appearances include moderating the panel "An Improbable Odyssey: The Life and Times of Brian Wall" at the Palm Springs Architecture Design Film Festival in 2023.
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Selling for US$104.3 million, it ranks amongst the most valuable works of art. [2] In 2005, Constantin Brâncuși's Bird in Space broke records when it sold for $27.5 million. The previous world record was another work by Brâncuși called Danaide, which was sold for $18.1 million in May 2002. [3]
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