Art Sector Information is a everyday digest of the most consequential developments coming out of the artwork earth and artwork current market. Here’s what you need to have to know on this Tuesday, August 31. Want-TO-Examine Historic Jazz Haunt Ruined by Hurricane Ida – One of jazz legend Louis Armstrong’s […]
They claimed to be peddling operates from a famed Swiss sculptor — but their tale experienced extra holes than a slice of cheese, a lawsuit promises. The Sotheby’s auction property is demanding a Florida art seller and his wife spend again $7 million soon after it sold their allegedly phony […]
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Sotheby’s has marketed its first piece of artwork accepting cryptocurrency as payment. The auction household announced on Wednesday that “Appreciate is in the Air” by Banksy bought for $12.9 million in an auction that lasted 14 minutes and associated four bidders. GET FOX […]
Sotheby’s plunged into the evolving earth of cryptoart—and into the knotty concern of the this means of value—with the US$16.8 million sale this week of non-fungible token (NFT) artwork produced by a renowned digital artist recognized as Pak. The main element of the multi-aspect sale, which took spot via the […]
Much less than a week just after Christie’s offered a digital collage to an investor who paid $69 million in cryptocurrency, rival auction house Sotheby’s said it was considering an possibility to sooner or later allow bidders use digital currencies to pay back for actual physical artworks—from prints to Pablo Picassos—as well […]