Private Art Investor

The financial magazine informing the art world about buying, owning and financing private art.
@corpjetinvestor @revolution_aero @SYInvestor @HeliInvestor

[Private Art Investor @PrivArtInvest]

The digitisation process can often be costly, require upskilling of staff, and bring several legal uncertainties. Read what three top lawyers at BonelliErede have to say: https://t.co/ul9LBExRL9

#artlaw #digitisationofart #italianartlaw #digitalmuseums #culturalproperty

[Private Art Investor @PrivArtInvest]

A Vincent van Gogh painting, titled Scène de rue à Montmartre (1887), will make its auction debut at Sotheby’s Paris this March. It carries an estimate of €5m-8m ($6m-9.7m). https://t.co/TPCbGnv7rk

#auctionhouse #vangogh #artworld #artmarket

[Private Art Investor @PrivArtInvest]

"The beautiful and elegant (let’s call it) pre-2020 Old Order – of the #artmarket – that once resembled a work of an Old Master has rapidly undergone a major recalibration and rebirth into the New Order," writes Agata Becker in her latest: https://t.co/cfUnM4UEZS #artsales

[Private Art Investor @PrivArtInvest]

5 virtual conferences | 37 weekly Town Hall meetings | 5000+ attendees.

Thank you to everyone who made 2020 a success despite all its challenges! Wishing you a fruitful 2021 from the entire team at Private Art Investor.

#endof2020 #virtualevents #community #B2Bmagazines

[Artemundi @ArtemundiGroup]

“The Best Art of 2020,” by Andrea K. Scott from @NewYorker. A curated list of some of the works that helped us get through the #pandemic. https://t.co/zpxxE1rLQb

[Private Art Investor @PrivArtInvest]

Kyriakides-Georgopoulos Law Firm, and boutique art and cultural property law firm ArtSecure have teamed up in a strategic alliance. https://t.co/irOJ1qwfyk

#artlaw #culturallaw #tax #regulation #antimoneylaundering #artindustry

[Private Art Investor @PrivArtInvest]

The speed with which some players in the art industry have adapted is impressive. But Emily Gould, Institute of Art & Law, says contractual issues and other regulatory ramifications are not to be ignored. Read more here: https://t.co/Cs1MzsprFq #newnormal #artlaw @IAL_art_law

[Private Art Investor @PrivArtInvest]

It is not uncommon for art to feature heavily in dramatic tales of divorce, writes Caroline Holley, partner at London-based law firm Farrer & Co. Read more about dividing assets and financial claims here: https://t.co/iyu1RjEwFR

#artlaw #divorce #protectingassets @Farrer_Co

[Artemundi @ArtemundiGroup]

“High Net Worth (HNW) millennials are now the fastest-growing constituency of collectors, and at the top end of the market, they buy more art and spend more on it than any other demographic.” #youngcollectors #artmarket https://t.co/DT0SaHRo2B

[One Art Nation @oneartnation]

David Zwirner is to open a new gallery space in NY, headed by curator Ebony L. Haynes, who will exercise a degree of autonomy, and be staffed exclusively by Black employees, as well as Black students undertaking an internship programme.
https://t.co/BBXRUu0mvM

[Private Art Investor @PrivArtInvest]

Borro, previously Borro Private Finance – provider of non-bank loans using borrowers’ luxury assets as collateral – has re-entered the #fineart lending industry, with its lowest yet loan on offer, at $25,000. Read more here: https://t.co/fMSLAHqNr7 #artfinance @borrobuzz

[Private Art Investor @PrivArtInvest]

What lasting impact will #Covid19 have on the global art market? Agata Becker, UK-qualified solicitor with experience in corporate finance and art law, canvasses art industry opinion and finds some surprising answers.

https://t.co/kAbjp24gRH

[Kelly Crow @KellyCrowWSJ]

.@Sothebys said its $1.4 million online sale of Banksy prints yesterday was 96% sold by lot, with 85% outperforming its high est, inc "Bomb Love" which drew 22 bids. Almost half of the bidders were new to @Sothebys and and third were under age 40.

[Private Art Investor @PrivArtInvest]

Art Basel has postponed its June fair, due to the Covid-19 pandemic and its unprecedented impact worldwide. The 2020 edition of Art Basel will now take place at Messe Basel from September 17th to September 20th, 2020. Read more: https://t.co/WD1YAxgfsY
@ArtBasel #artfair #covid19

[Private Art Investor @PrivArtInvest]

With several #auctions and #artfairs being cancelled or rescheduled, we have compiled an up-to-the-minute guide on where to buy art online in March-April 2020. Click here: https://t.co/WOMKf9uslN #buyart #artcollectors #artinvestment @Sothebys @ArtBasel @ChristiesInc @bonhams1793

[Private Art Investor @PrivArtInvest]

Online auction house Paddle8 has filed for Chapter 11 bankruptcy protection, after the company was sued for allegedly misappropriating funds from a charity auction. Creditors include #JayZ and #JustinBieber. Read more here: https://t.co/hExG81widM #auctionhouse #bankruptcy #art

[Private Art Investor @PrivArtInvest]

@Sothebys will continue to host live auctions till March 31st, despite competitors postponing all their auctions till May. Its Made in Britain sale, held in London on March 17th exceeded its estimate to fetch £2.1m. Read more here: https://t.co/HBa822KkW1 #artsale #AuctionUpdate

[Private Art Investor @PrivArtInvest]

Guy Vaissiere of UK art lender The Fine Art Group writes in our latest 'Art market view 2020': "The art-only asset-based lending market is healthy; demand is strong and increasingly sophisticated." Read more here: https://t.co/h3CneRqdFR #artlending #artfinance #artinvestment

[Private Art Investor @PrivArtInvest]

This weekend, @ChristiesInc became the first major auction house to postpone all sales till May, except two in London, and close 26 offices worldwide. @Phillips followed soon after, and postponed all sales till mid-May. https://t.co/KkOUKfkoH7 #COVID2019 #auctionhouses

[Private Art Investor @PrivArtInvest]

PAI Opinion: #HumphreyBogart’s iconic toast to #IngridBergman in the 1942 cult film #Casablanca might not have been a reference to the art market, but it certainly has some bearing on it today. Read more here:
https://t.co/UTLvatbMJz #artsales #Millennials #Casablanca #artmarket