artwork

Patrons and art lovers have been collecting the works of famous masters for centuries. Perhaps the ultimate irony of this is that although many of history’s most famous painters died in near abject poverty, their deaths made their most famous works more valuable. It’s an unfortunate...

An art museum in Europe is planning on offering NFTs for sale in an effort to raise money for the purchase of real-world (non-NFT) art. The highly respected Leopold Museum of Vienna would like to buy an Egon Schiele painting known as Leopold Czihaczek at the Piano, a famed 1907 work of the artist...

Alternative investments may have only started capturing the attention of retail investors over the past couple of years, but alternative assets have been a significant component of the strategies of hedge funds and other institutional investors for decades. Alternative investments can provide a...

The global art market saw a record-breaking year in 2021, with total auction turnover hitting new highs in terms of total sales volume and number of lots sold. 2022 is turning out to be an even more impressive year so far as art values and buying activity hit new highs. The Artprice Contemporary...

The art investment platform Masterworks has launched its latest offering for Albert Oehlen’s “Untitled (2001)”, allowing retail investors to buy shares of the nearly $2 million painting. Similar works by the artist have appreciated at a rate 22.7%, making this particular painting...

The latest inflation data didn’t come as much of a surprise to most investors, even though the 8.5% increase in the consumer price index for March was higher than economists predicted.  The added pressure being added to the stock market from this new data is making certain alternative...

It’s no secret that cryptocurrency, especially Bitcoin, is changing how society pays for things. More mainstream U.S. businesses are beginning to accept Bitcoin payments. Internationally, Australia-based energy firm On The Run has started letting customers pay for gas with Bitcoin, and Russia...

This week’s stock market losses have come as little surprise to most investors since pressure on the economy has been mounting for quite some time. Details in the March 15-16 Fed meeting minutes that was released Wednesday solidified what many expected; the Federal Reserve winding down its $9...

Sotheby’s, one of the world’s leading auction houses, hosted its fourth metaverse auction from March 30, 2022, to April 4, 2022, featuring 24 NFTs from the “LFC Heroes Club” series launched by Liverpool F.C. The ‘Legendary’ 1/1 auctions and the ‘Hero...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk moved markets again with his purchase of a 9.2% stake in Twitter Inc (NYSE: TWTR). News of Musk’s investment pumped Twitter’s share price up about 30% as of market close on Monday. This isn’t the first time Musk has sparked major price...

Andy Warhol’s iconic “Shot Sage Blue Marilyn” painting is hitting the auction block this May with an estimated sale price of $200 million - more than any 20th-century painting has ever fetched at auction. The current auction record is held by Pablo Picasso’s “Les...

The market has been surprisingly resilient lately against the global challenges the world has been facing, but even some of the most optimistic investors are bracing themselves as a bear market becomes increasingly likely. Adding passive income investments to your portfolio could ensure you...

Contemporary art is an asset class that has proven itself to be resilient through various market cycles and has averaged an annual return of 14.1% from 1995 through 2020, according to data from Masterworks, while the S&P 500 produced total annual returns of 9.9% over the same period. Fine art...

20 years ago, a British couple purchased a statue for £5,200 ($7,540) to decorate their garden. The weathered piece was then restored to its original white finish last summer when it was identified to be a long-lost work of Italian master Antonio Canova, which has been searched for by...

Artwork has only recently become widely recognized as a popular investment, even though ultra-wealthy investors and hedge funds have been profiting from this asset class for decades. The limited recognition for this market is mainly due to the fact that it’s been mostly closed off for average...