We are living through historic times. The novel coronavirus is affecting not only our proximity to others, but also our daily lives, jobs and of course how we spend our free time. In this article, Singulart reflects on current trends in the online art market and how this pandemic is affecting not only our business but the entire art market…
The Art Market
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On 11 March 2020, the World Health Organisation declared the spread of Covid-19, caused by the SARS-CoV-2 virus, a pandemic. The magnitude of this is a shock to us all. However, if we look at the history of mankind, it is clear that pandemics have been affecting us for centuries. Where better to find testimony than in art, which has…
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Where is Salvator Mundi? And why was everyone talking about a banana? Here’s our recap of what the art world was buzzing about this past year. Leonardo at the Louvre This year marked the 500-year anniversary of Leonardo da Vinci‘s death. It comes as no surprise, then, that the world honored history’s most famous painter with high-profile exhibitions and plenty…
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Kareem Waris Olamilekan, better known as WASPA ART, is a hyperrealism artist from Nigeria. At just eleven, the young superstar is gaining global fame for his hyperrealism portraits of his friends, neighbors, and family members. Working mostly with pencil but occasionally pastels, paints, and ballpoint pen, his portraits are lively, expressive, and touching depictions of his community. Dubbed ‘Africa’s youngest…
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Are you also fascinated by the world of luxury art? Have you ever wondered how certain paintings are designated fine art and given million dollar price tags? In this article, Singulart breaks down the five most expensive paintings of all time. While you might think a work like the Mona Lisa would certainly top the list, pieces like Leonardo’s famous…
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Mention the term ‘Artificial Intelligence’ (AI) and you’re bound to inspire a few familiar responses: the inquisitive raise of an eyebrow, light-hearted references to sci-fi films, perhaps a robot joke or two. Introduce the idea of AI in the context of art and reactions will likely turn more extreme. Are machines set to replace artists? How could AI match up…
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Blockchain, Bitcoin, Cryptocurrency… within a short space of time, these terms have risen to the forefront of discussions about the future of technology in business, finance, government and life. Their emergence has been met with wide-ranging reactions, from alarmist objections to fervent excitement. So what does this new digital technology mean for the art world? After some initial hype, the…
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In an auction at Sotheby’s New York on Tuesday that lasted a total of eight minutes, a Monet painting became the highest grossing Impressionist work ever, sold at a stunning $110.7 million USD. The painting is one of 25 pieces from Monet’s ‘Meules’ series completed in Giverny during the winter months of 1890 and 1891. The remaining paintings from the…
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Relatively unusual in recent years, buying art online is becoming more and more popular, to the point that pure players now surpass the growth of classical sales houses. Review on this trend reversal. Buying art online is becoming a commonplace, the percentage of buyers who have taken the plunge in the course of the year, increased from 63% to 65%…
