Banksy creates the improbable concept of the value of destruction: the "self-destructing" artwork. Does the artwork become a new artwork? Is it a performance? What determines new value?
Your comments are definitely welcome.
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Washington, DC – The Internal Revenue Service (IRS) issued a new rule governing how cash and noncash charitable contributions should be valued. The new rule specifically cites the Uniform Standards of Professional Appraisal Practice (USPAP) of The Appraisal Foundation.
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Traditional investors shy away from leveraging art as an asset class. Technology adapters and millenials may change the valuation perception.
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Treat art acquisitions as you would any other considerable purchase, with care.
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What are you willing to do to protect the arts?
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If it's your good fortune to gift artwork, or just a big fat check, it's important to think of the IRS right now.
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Recent art-news headlines was filled with the anxiety-inducing headlines. But there's hope.
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Who knew, the designer, Tommy Hilfiger, was a collector?
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What is an art advisor, and what role does she or he play in the art market?
As the contemporary market has grown, more and more collectors are chasing a finite number of works by brand-name artists or hot up-and-comers, and they want to be sure that they’re making the right choice. Advisors help collectors buy art by offering a variety of services to simplify the acquisition process.
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Collect what you love. Don’t buy art purely as an investment. When your collection gets serious, work with a private bank that understands the complex dynamics of your passion.
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A meeting with collector Edward (Qiang) Zeng on May 12, two days after he made a splash with his purchase of Yves Klein's Untitled Blue Monochrome (IKB 108), at Christie's postwar and contemporary art evening sale.
Read MoreThe Tate Modern's fall exhibition will feature works from Elton John's photography collection. With prints by heavyweights like Man Ray, Tina Modotti, and Alfred Stieglitz.
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A settlement was reached in an international legal drama over Picasso’s plaster “Bust of a Woman” pitting two of the world’s biggest art buyers against each other, New York billionaire Leon Black versus a member of Qatar’s royal family.
Read MoreWe love to inspire and share ideas with artists. It's especially gratifying when the artist embraces our ideas so beautifully.
Read MorePutting a dollar figure on a work of art is not the same as placing a price tag on a used car. It requires the skill of an appraiser, a connoisseur and expert
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After decades of scattershot compliance with California’s Resale Royalty Act, the Ninth Circuit’s decision Tuesday upholding the law’s requirement that fine-art sellers pay visual artists royalties on California sales is likely to undercut the secondary art market in the Golden State, experts say.
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Three collections of Ray Beldner’s work—“Counterfeit,” “101 Portraits,” and “Neon”—come together at Micaela Contemporary Projects this month.
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Visual artists seeking royalties on resale of their works by Christie's Inc., Sotheby's Inc. and eBay Inc. urged the Ninth Circuit on Tuesday to restore California’s Resale Royalties Act and revive their class actions, saying the statute doesn’t violate the federal Commerce Clause.
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A hot button for artists when discussing their work is price. It's a hot button for everyone else too, from auction houses to collectors to the IRS.
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