Everyone can draw their own conclusions: "Time to invest in the art market? New 'stock exchange for art' to launch at the Victoria & Albert Museum this month" by Anny Shaw.

"Artex, a new "online stock exchange for art", offered its first initial public offering (IPO) in an event at the Victoria & Albert Museum in London last night—Francis Bacon's Three Studies for a Portrait of George Dyer. The painting last sold at auction in May 2017 for nearly $52m and will be offered to investors starting at around $55m. Dealings will begin on 21 July."
"All works of art—or art IPOs—are owned by Artex, which will issue the shares, worth €100 each. These shares can then be bought, sold or traded on a secondary market on the Artex exchange. Shareholders are limited to a 10% stake in each work; anything above that threshold triggers a takeover bid, which could be outbid."

#ArtMarket #TheArtNewspaper #FrancisBacon #Artex

@academicchatter
@histodons
@economics

https://www.theartnewspaper.com/2023/05/04/time-to-invest-in-the-art-market-new-stock-exchange-for-art-to-launch-at-the-victoria-albert-museum-this-month

#TheArtNewspaper “Sudan conflict: pro-democracy artists under attack and museums at risk of looting, sources say. Leading artists and museum professionals raise fears as violence erupts in Khartoum” (Author: Ahmed Satti) #Museum #Sudan @academicchatter @archaedons https://www.theartnewspaper.com/2023/04/27/sudan-conflict-pro-democracy-artists-under-attack-and-museums-at-risk-of-looting-sources-say

If you haven't seen it before, The Art Newspaper features a weekly blog, Adventures with Van Gogh, "a weekly blog by Martin Bailey, our long-standing correspondent and expert on the artist. Published every Friday, his stories range from newsy items about this most intriguing artist to scholarly pieces based on his own meticulous investigations and discoveries."
The Art Newspaper is a great resource
#VanGogh #TheArtNewspaper #Art #ArtHistory
https://www.theartnewspaper.com/2022/11/25/life-in-van-goghs-yellow-house-the-mysterious-objects-on-his-kitchen-table

From #abortion to #LGBT rights and racism: #US #politics feature heavily in #MiamiArtWeek
#TheArtNewspaper https://www.theartnewspaper.com/2022/11/30/from-abortion-to-lgbt-rights-and-racism-us-politics-feature-heavily-in-miami-art-week

Sneak peek: see inside #Australia's newest museum expansion, neighbouring #Sydney's famous #OperaHouse
#TheArtNewspaper
https://www.theartnewspaper.com/2022/11/28/see-inside-the-transformed-art-gallery-of-new-south-wales-overlooking-sydneys-iconic-harbour