artwork

The global art market had a record-breaking year in 2021, both in terms of total auction turnover and number of works sold. The most popular artist among buyers was Pablo Picasso, reaching $671,513,270 in total auction revenue for the year, according to artprice.com. One of Picasso’s most...

Masterworks, the alternative investment platform that allows retail investors to buy shares of iconic artwork, just announced that it sold Albert Oehlen’s Doppelbild (2002) for $2,700,000. The company posted the initial offering for this painting in January 2021 for $1,887,000 with a price of...

On March 23rd, 2020, the pandemic caused the S&P 500 to tumble 34% in just a single month. And after one month, the market shot up to a record high, with the S&P closing above 4,700 for the first time ever. And if you had the foresight to catch the previous dip, then it could’ve been...

NFTs, or non-fungible tokens, have been a hot theme of 2021 with companies and celebrities also getting in on launches of the digital assets. Musician Grimes launched a series of NFTs earlier this year called the "WarNympth Collection." The 10 NFTs brought in over $5.8 million, selling...

Through the eyes of most of us, the intricacies of the art world are seldom understood or rather misunderstood to be an elitist pursuit. It can be argued that art galleries do draw massive crowds queuing up to have a glimpse of famous art pieces like the Mona Lisa or The Starry Night, but beneath...