Selling And Buying Of Great Pieces Of Art

Buying a good piece of art does not only leave the buyer satisfied but also gives you a sense of style that is unique and can only be associated with you alone. After buying a piece of art and then realizing that it does not fit into the standard that you wanted a good resolution would be to sell it. So the big question is how can one find a reliable art market, how is art bought and sold?

Art collectors have quite often resolved to auctioning their pieces of art in major art market in big cities such as London, Paris and New York which are blessed with large numbers of art lovers and keepers. These cities have proved to be art market centres over the years. There has been a number of traditional art materials in these cities, giving an impression that art keeping has always been there for a long time and the continued emergence of art auctioning centres in almost every region of these three cities has always put them ahead of the other world cities in terms of art keeping. Other major cities in the world that have been involved in art keeping and auctioning include, Tokyo, Shanghai which are in Asia and other European cities such as Moscow and Berlin.
Different pieces artwork has different art prices, the best pieces selling at higher prices than those of low quality. Public auctioning of art materials is the major way of selling the pieces of fine art although other art collectors have resolved to loan or selling their pieces of art work to museums. These pieces of private art collection are actually put on display by the museum although the real owners are actually individuals who work independently from the museum owners.

Potential sellers put their artwork for display after an agreement with the site owners, buyers then line up to view the work and opt to buy if impressed. Good pieces of art will always sell themselves and great artist have over the past years made a fortune by selling their pieces at auctioning centres. If there is a piece of art that you feel like you would like to sell then the reliable way of doing it is by finding out where your local auctioning centre is and if there is an agreement your piece of work will be put on display for potential buyers to buy.

The auctioning process is quite often attended by potential art buyers who give value to your item as the highest bidder gets away with the item at a fairly good price. This will save you the hassles of trying to find buyers through other means that in real sense take a long time to find someone interested in your artwork. The same is true when one is looking for a place to buy a good piece of work, the best place to would the auctioning centres that will give one a variety of items to choose from. As people continue to recognize the importance of preserving good pieces of artwork, there is hope that other art market centres will emerge in many other parts of the world.

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The Rise of the Emerging Art Economy

Christie’s, Sotheby’s, and other auction houses are playing on the patriotism of newly rich emerging-market collectors with works from home.

The art market always follows the money. These days that means courting new collectors from emerging economic superpowers.  Auction houses aren’t just wooing them with Warhols. They’re also whipping up buzz about art from their native countries. And it’s working.

The value of pieces from Brazil, Russia, India, and China, the so-called BRIC countries, has skyrocketed in recent years, mirroring each country’s economic growth. Purchase a  to secure against any unforseen disabilities Auction houses have helped feed the frenzy by extracting BRIC art from their other categories, hosting specialized sales designed to spark the patriotism of the BRIC nouveau riche. Sotheby’s (BID) has more than doubled its BRIC-oriented offerings in the past decade. Christie’s, which says it has Chinese-speaking staff members at all its auction houses, has also significantly upped its collection. In April, Phillips de Pury held the first auction dedicated exclusively to art from all four BRIC nations, bringing in nearly $11 million. Another BRIC auction is scheduled for next April in London.

This fall, Christie’s New York will kick off its fall auction season—and the twice-per-year event insiders call “Asia Week”—with a major sale on Sept. 14-16 of Indian and Southeast Asian art, as well as Chinese art and ceramics. Also on Sept. 14, Sotheby’s New York will have its own significant Asian auction. In the following two months both Sotheby’s and Christie’s will host a string of auctions in New York and London dedicated to Latin American, Russian, Indian, and Chinese art. Sotheby’s anticipates generating more than $23 million in sales from Asia Week alone (up $4 million from last year). Christie’s expects about $56 million, up more than $19 million from 2009.

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Art is a term that describes a diverse range of human activities and the products of those activities, but is most often understood to refer to painting, film, photography, sculpture, and other visual media. Music, theatre, dance, literature, and interactive media are included in a broader definition of art or the arts. Until the 17th century, art referred to any skill or mastery and was not differentiated from crafts or sciences, but in modern usage the fine arts are distinguished from acquired skills in general.

Many definitions of art have been proposed by philosophers and others who have characterized art in terms of mimesis, expression, communication of emotion, or other values. During the Romantic period, art came to be seen as “a special faculty of the human mind to be classified with religion and science”.

The nature of art, and related concepts such as creativity and interpretation, are explored in a branch of philosophy known as aesthetics.


Works of art can tell stories or simply express an aesthetic truth or feeling. Panorama of a section of A Thousand Li of Mountains and Rivers, a 12th-century painting by Song Dynasty artist Wang Ximeng.

Britannica Online defines art as “the use of skill and imagination in the creation of aesthetic objects, environments, or experiences that can be shared with others.” By this definition of the word, artistic works have existed for almost as long as humankind: from early pre-historic art to contemporary art; however, some theories restrict the concept to modern Western societies. The first and broadest sense of art is the one that has remained closest to the older Latin meaning, which roughly translates to “skill” or “craft.” A few examples where this meaning proves very broad include artifact, artificial, artifice, medical arts, and military arts. However, there are many other colloquial uses of the word, all with some relation to its etymology.

20th-century Rwandan bottle. Artistic works may serve practical functions, in addition to their decorative value.
The second and more recent sense of the word art is as an abbreviation for creative art or fine art and emerged in the early 17th century. Fine art means that a skill is being used to express the artist’s creativity, or to engage the audience’s aesthetic sensibilities, or to draw the audience towards consideration of the finer things.

Courtesy: Wikepedia

The Art Market Report

The Art Market Report is a unique publication covering the Pan Asian art market with particular focus on Australian contemporary and Indigenous art. The report also keeps readers up to date with international news and market data. The Art Market Report is published quarterly and is available in both print and electronic form. The Art Market Report focuses on all aspects of the art market from emerging contemporary art to the secondary auction market. The Report provides regular coverage on the major international art fairs.The Art Market Report is renowned for its independent, topical and critical art market coverage and is read by art collectors, artists, auctioneers, gallerists, curators and investors
The international Art Business section is edited by Dr Iain Robertson, head of Art Business at Sotheby’s Institute of Art, London. International contributors to the AMR include Georgina Adam of The Art Newspaper, Dr Iain Robertson, Claudia Barbieri, contributor to the International Herald Tribune, Rebecca Herbert, Alexander Peers from the New York Magazine, Bente Scavenius from Børsen, Denmark and Patricia Chen from Singapore. Australian contributors include Terry Ingram, John McDonald, Jeremy Eccles, Alice McCormick, Dr. Roger Dedman, Adrian Newstead and Gillian Serisier.
The Art Market Report was founded in 2001 by Alison Harper. Alison is a former Australian Director of Phillips International Fine Art Auctioneers, 1985-1996 and commenced her career at Sotheby’s Belgravia, 1978-1982. She is a published author and contributor to many international and local art and financial magazines including Connoisseur Magazine, Antique Collector (UK), The New Investor and Art and Australia. She is also a regular commentator on the international art market for ABC Radio. The Art Market Report is distributed primarily by subscription to collectors around the world. It is also available in newsagents nationally, art gallery bookstores and at major international art fairs.