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Only 20 weeks left and then this year will be over. The art market will be quiet for the next four weeks, apart from a few local events. The opposite is true for seasonal business, if you compare it to tourism. After these four weeks, elections will be held in three eastern German states - and everyone will be staring at the oracles of the ... read more
The next typhoon to hit the Philippines, also causing deaths, was around the time of the opening of the Olympic Games in Paris, which took place in pouring rain – so we were lucky again. The weather does not seem to be on our side – climate change is everywhere, but there is little constructive action to combat it. What is often forgotten is the ... read more
Stefan Kobel is back from France and has compiled and commented on a great deal of information about the art market. You can read it right after this.On Friday, the world realised how even the most simple disruptions in data networks can have an enormous impact on many areas of life worldwide. This could be the accumulation that the insurance industry does not actually want ... read more
When countries dispute the provenance and ownership of works of art, moral outrage is quickly at work, as in the case of the Benin bronzes, for example. But there are also works of art in museums in the USA that came there quite normally, although they are sorely missed in their original location, such as the other half of the cloister of St. Michel de ... read more
The hype surrounding crypto currencies and Bitcoin seems to have died down in the art world - at least people are no longer being flooded with it. The insurance industry has not yet developed a viable solution for Bitcoin-based NFT artworks. Perhaps it no longer needs to, because the active participants in this market have so far borne the risk themselves and an infinite increase ... read more
Europe is taking a summer break – but not before a few more balls have been kicked and crowds have been thrilled. Switzerland, Spain and Germany have already made it to the quarter-finals, Austria will soon follow suit and England has also made it, albeit in a way that should encourage us to think about introducing sportsmanship marks into the game, along the lines of: ... read more