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Art valuation, an art-specific subset of financial valuation, is the process of estimating the market value of works of art. As such, it is more of a financial rather than an aesthetic concern, however, subjective views of cultural value play a part as well.
The most famous paintings, especially old master works created before 1803, are generally owned or held by museums for viewing by patrons. Since museums rarely sell them, they are considered priceless. Guinness World Records lists Leonardo da Vinci's Mona Lisa as having the highest insurance value for a painting.
The highest known price paid for an artwork by a living artist was for Jasper Johns's 1958 painting Flag. Its 2010 private sale price was estimated to be about US$110 million ($154 million in 2023 dollars). All-time This is a list of highest prices ever paid—at auction or private sale—for an artwork by an artist living at time of sale. Adjusted price (in millions of USD) Original price (in ...
Artwork and code under CC BY-SA: Castle Crashers: One of the soundtracks of a proprietary game released under Creative Commons: CC BY-NC-SA [37] Glest / MegaGlest: A real-time strategy computer game in a fantasy setup. Artwork under CC BY-SA: Glitch: An MMO. In 2013, most of the artwork and parts of the code were released under a creative ...
The year 2022 was eventful in the art world, filled with both record-breaking achievements and notable social statements. One major highlight was the sale of the late Microsoft co-founder Paul G. Allen 's art collection, which fetched an unprecedented $1.5 billion at Christie's , breaking multiple artist records and becoming the largest single ...
The first known "NFT", Quantum, [25] was created by Kevin McCoy and Anil Dash in May 2014. It consists of a video clip made by McCoy's wife, Jennifer. McCoy registered the video on the Namecoin blockchain and sold it to Dash for $4, during a live presentation for the Seven on Seven conferences at the New Museum in New York City.
Untitled is a painting created by American artist Jean-Michel Basquiat in 1982. The artwork was sold at Christie's for $57.3 million in May 2016. At the time, that was the record for Basquiat's most expensive painting. [1] In 2022, it was sold for $85 million at Phillips, [2] becoming Basquiat's third highest auction sale and fourth most ...
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