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Installation view of “Francis Picabia: Our Heads Are Round So Our Thoughts Can Change Direction” at the Museum of Modern Art, 2017. Photo courtesy of MoMA. | Image source: artsy.net

How To Start Your Own Art Collection

Art collecting is often related to closed circles of the super-rich ready to spend millions of dollars to acquire the coveted piece of art at Christie’s or Sotheby’s auction rooms in New York or London. Besides, contemporary works of art sold at soaring prices often fill the newspaper and magazine headlines, supporting this widespread assumption for…

[Cropped] Photo by Nina Ž. @ninaz on Unsplash.com

Why You Should Start Collecting Art

Many people relate art collecting to the wealthy people of high society who can afford to sit in private auctions, spend millions of dollars to buy art, just to resell these within several years when their value rises again. Although the art market has experienced an exponential increase in returns for the past decades, investing…

Photo by Clem Onojeghuo | Image source: stocksnap.io

The Complete Guide To Collecting Art

The idea of collecting art may stem from the decision to upgrade your lifestyle and mark a new stage in your adulthood. You may have purchased your first home and want to refine the living space with a beautiful work of art you can admire every day. On the other hand, you may have always…

Swiss Freeports for Art Treasures & Tax Evasion In 2015, in the wake of the news on the revised law on freeports, the global art market was shaken by the chronicles of Geneva's bonded warehouses, a storage facility for the super-rich collectors at the center of tax evasion controversy. Thierry Ehrmann, the president of art market information specialist Artprice, said that Geneva's freeport…

Old Masters: Most Undervalued Art There was a time when artwork by the Old Masters – those artists who were academically trained and worked in Europe before about 1800 – were the most coveted by collectors. However, with the explosive rise and popularity of Contemporary Art, can the Old Masters remain relevant in the art world? According to the 2016…

Artificial Neural Networks and Paintings: What is Neural Art?Inspired by the way biological nervous systems work, Artificial Neural Network (ANN) will be one of the most important information processing paradigm since the invention of the computer. ANN is a method of computing that imitates the functions of a human brain. Neural units are connected to each other allowing the network to learn and…

Art Guide, Art Market

Art Financing for Artists With the rising costs of art production, particularly for the large scale sculpture and installation projects, artists and gallerists can now turn to specialized fine art financing firms to pay for the show and share a portion of proceeds. Fine Art Partnership: Project Park Avenue Paper Chase The Aycock NYC installation of 2014 brings attention…

World’s First Computer Programmer: Lord Byron’s Daughter Ada Lovelace Ada Lovelace on the Nature of the Imagination and Its Three Core Faculties - In her writing of 1843, the first paper on Computer Science and algorithm, intended to be carried out by a machine, and changing the course of the world of technology we live in today. "What is Imagination? We talk much of…

Rising African Art: What’s the Driving Force?In May 2017, Arthouse Contemporary, one of Africa’s leading art auction house located in Lagos, Nigeria, held their annual modern and contemporary art auction where a record price for the work for a Nigerian artist was set. Iconic modern artist, Ben Enwonwu’s 1962 Anyanwu sculpture sold for a record price of NGN 54,050,000 (around $148K),…