Category: Art Work Discussions

$50 Million Matisse From Peggy and David Rockefeller’s Estate Expected to Break Record in Charity Auction

Touted as the most valuable philanthropic auction ever—all proceeds will be donated to charity—a collection of Peggy and David Rockefeller’s masterworks will tour Hong Kong, London, and Los Angles before hitting the block in New York in the spring of 2018.

Five months after Christie’s announced the sale, an assortment of the works have been made public. Leading the sale is a Rose Period Picasso acquired from Gertrude Stein’s collection (est. $70 million), while Henri Matisse’s Odalisque couchée aux magnolias (1923), a painting of a reclining nude, is expected to set a new world auction record for the artist at an estimated $50 million. Other highlights include Claude Monet’s Nymphéas en fleur (1914-17) (est. $35 million) and a selection of Chinese art objects.

Henri Matisse “Le Repos Du Model” – Lithograph, 1922 Signed In The Stone. Stamped. Ed. 575. Click image to enquire.

Prior to Peggy’s death in 1996, and David’s death this past March, the couple pledged to give the majority of their wealth to charitable causes. In keeping with their philanthropic endeavors during their lifetime, all proceeds from the sale of his estate will go towards cultural, educational, medical, and environmental causes.

With a fortune estimated at $3.3 billion, the late former banker and heir to the Rockefeller fortune, David Rockefeller amassed an array of stunning paintings, which will be sold alongside selected heirlooms inherited from previous generations. Together they make up an eclectic and wide-ranging array of Impressionist, post-Impressionist, and Modern art, as well as porcelain, silver, American decorative art, furniture, and more.

 

Read more: https://news.artnet.com/art-world/peggy-and-david-rockefeller-estate-1156634


The Meteoric Rise of Buying Art Online

Would you buy a painting online? If someone was asked that question 15 years ago, the answer would almost certainly have been “no”. However, with the rise of the internet age, the world has become a radically different place – we now buy everything, from groceries and clothes to cars and holidays, all entirely online, so why should art be any different?

A report published by Hiscox and ArtTactic last year found that, despite the fact that the global art auction market saw decreased sales figures, that decrease was coupled with an upswing in online art sales. In 2015 alone, the rush of people choosing to buy art online increased the market by 24%, which totalled $3.27 billion in revenue.

If the increase in buying art online continues at its present rate, then by 2020, the internet art market alone will be worth $9.58 billion. According to the Hiscox Online Art Trade Report of 2016, this impressive growth may be thanks to consumer’s decreasing wariness about buying art based only on a digital image. Technological improvements like the ability to quickly load large files, screen quality increases and the increased picture quality seen in online galleries (like Walton Fine Art’s shop) mean that digital representations of works are sharper and more precise than ever before, increasing consumer trust and making it easier for customers to anticipate what they’ll be getting when they buy art online.

More good news for the online art market is its rate of consumer satisfaction – the same report showed that 92% of online art buyers expect that they will buy the same amount or more online again in the next 12 months, while buying art online opens up the market to younger audiences, with 19% of under-35s buying their first artwork over the internet – a 4% increase since last year.

Art at lower price points tends to sell best online, with prints and paintings proving the winners so far. When interviewed about this, Osman Khan, the director of online art auction house Paddle8, said that he expected the value of the individual transactions to increase as “collectors and galleries establish relationships, gallery reputations are cemented, and the marketplace becomes more established.”

He added that the truly unique aspects of buying art online are that the internet is able to act as a combination of an informational channel, a distribution channel and a curatorial service. By essentially creating digital art galleries, online art shops allow collectors to explore art and artists which they might never otherwise have access to, discovering new artists and works with only a few clicks. With these digital galleries, and the ability to read all about artists on various websites, the art world has opened up to anyone with a passion for artwork, democratising the process of discovering artists and purchasing works for the first time.

Khan goes on to say that, thanks to the rise of platforms allowing people to buy art online, there is a “new, previously untapped community or art buyers” and finishes on an optimistic note – saying that thanks to this upswing in interest, the art world on the whole is beginning to pick up.

“A rising tide lifts all boats.”

For more information or to buy art online, visit our online shop here!


Ferrari could quit Formula 1 over new proposals by Liberty Media… whaaat??

Ferrari president Sergio Marchionne has said the team could quit Formula 1 if they do not approve of the direction taken by new owners Liberty Media.

The Ferrari chief pinpointed proposals for a new engine design from 2021 as he made the threat in a conference call with investors.

Marchionne said F1 had been “part of our DNA since the day we were born”.

But he added: “If we change the sandbox to the point it becomes unrecognisable, I don’t want to play any more.”

E$COBAR’s F1 inspired “Zero 2 Hero”. Limited Edition Print – 25 only! Click on the image to order yours.

 

His concerns follow objections from both Mercedes and Renault over plans for a new engine design that were presented jointly on Tuesday by governing body the FIA and the F1 Group, which was bought by Liberty earlier this year.

Like most other teams, Ferrari is committed to F1 contractually until 2020 but has nothing tying it to the sport after that…

Read the full article here: http://www.bbc.co.uk/sport/formula1/41857101

 


From Micro to Macro: Jonty Hurwitz’s astonishing world records

Jonty Hurwitz is a revolutionary artist and visionary.

Undeniably unique in his approach this South Africa born genius merges science and art in a mind-boggling way that doesn’t cease to amaze collector’s, art lovers and the occasional spectator alike.

His amazing sculptures are destined to become conversation pieces in any space they are placed, be it a living room or a museum.

After creating the smallest sculpture ever made (so small in fact that it is invisible to the naked eyes), the artist has now reached a new extraordinary milestone bringing to life the world’s largest anamorphic sculpture, recently installed  at the Singapore Science Centre.

Watch the video below to see how the project was painstakingly realized.

Discover the art of Jonty Hurwitz at Walton Fine Arts.


Timeline of Prince Harry, Meghan Markle’s love story

October 1, 2017 19:37 SGT

 
July 2017: People magazine reported in July that Prince Harry had purchased a painting from British artist Van Donna for an “important person” back in October 2016. The name of the art piece was “Everybody Needs Somebody to Love.” He asked to make two parts of that painting if possible, as he wanted to take half of it and gift the rest to his beloved.

Van Donna “Everybody Needs Somebody To Love” (Diptych)
Set of 2 Limited Edition Prints
BUY HERE

Read More


All the Things Meghan Markle Has Done in Her First Year as Royal Girlfriend

…it was still early days, but things were moving fast for the smitten couple. Harry was spotted in a London art gallery buying a diptych by contemporary artist Van Donna of a painting with a boy and girl holding hands on one side, and “Everybody needs somebody to love” written on the other…

Van Donna “Everybody Needs Somebody To Love” (Diptych)
Set of 2 Limited Edition Prints
BUY HERE

Read More


Kate and Meghan Markle: their first public appearances with their Princes

A closer look at the ladies’ early outings with William and Harry

BY GEMMA STRONG

After more than a year of dating, Prince Harry and his girlfriend Meghan Markle finally went public with their romance at the weekend, when Meghan joined the Prince for the Invictus Games opening ceremony in Toronto, Canada. Just two days later, the couple enjoyed a second outing together, this time arriving hand-in-hand for the wheelchair tennis. Their very public displays of affection have led royal watchers to believe that an engagement announcement is imminent – and also recalled the early days of another high-profile royal romance, between Harry’s big brother Prince William and his wife Kate.
 

Read More


We value your privacy

Our Privacy Policy has been updated to reflect the new GDPR rules from the 25th of May 2018.

Personal information such as your name, address and email address are collected when you purchase something from our store, as normal part of the buying and selling process. Such data are kept strictly private. Transactions are processed via third party companies such as Stripe and PayPal. We store no credit card details.

Our website may occasionally use cookies serving targeted advertising services such as AdRoll which provides an easy permanent opt-out options for ads you no longer want to see.

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google