ArtsEnte
Years in the making and 300,000 square feet in scale, the museum has been steadily acquiring top-dollar artworks, including a Frida Kahlo self-portrait, a Robert Colescott painting of George Washington, and archives related to Black cinema and Judith F. Bacaâs Great Wall of Los Angeles.
Where there will be room for improvement is in the middle market, where current geo-political issues, the slowing down of Asian engagement and the tightening of belts in Europe has led to a softening of prices and lower sell-through rates of the day sales at the major auction houses.
In regards to the how technology, online sales, and the blockchain is and will continue to transform the art market, Sun talked about the significance of transparency around ownership and transactions, and the potential impact that could have on across the industry which notoriously lacks regulation.
âIf I feel depressed and I need to redirect, acrylics are going to be good because itâs longer termâacrylic is a paint you can go to and do some work on to self-regulate,â says the retired army special operations major David Potter, a 28-year veteran who served missions in Iraq, Afghanistan and Africa.
"Weâve indeed observed a gradual shift among collectors away from the UK, a trend that began with Brexit and has since been accelerated by Italyâs appealing flat tax," says Jose Graci, a director at Mazzoleni gallery, which has locations in London and Turin.
She identifies the high end of the market, "which was so pivotal in driving sales out of contraction in 2020", as thinning out considerably, "creating a drag on growth despite more positive performance in some other lower-priced segments."
âSo there will be the classic seminar teaching with tutors as well as meeting a range of experts from the art world.â He added that on graduation, students will also be given mentors to provide ongoing professional support.
Hephaestus Analytical is a London-based tech company that integrates AI analysis and machine learning trained from sampled data sets, alongside scientific tests, provenance research, and âconnoisseurly expertise to analyze works.
âJohn has been pushing the boundaries of art for decades and âcrystalline workâ is his most ambitious and thought-provoking artwork to date,â Feral File cofounder Casey Reas said in a statement.
The collections include many finds from French sites like the rock shelter of La Madeleine, excavated during the 19th century, and also objects found at Montastruc on the river Aveyronânotably the famous Swimming Reindeer, brilliantly carved from the tip of a mammoth tusk.