Zulu coconut delivered to President Obama

"WASHINGTON -- A specially designed Zulu coconut made its way from Capitol Hill to the White House this afternoon on its way to its presentation to President Barack Obama. The delegation said the president promised to find a good spot to display it. The car carrying the...

Single Owner Art Auctions Defy Downturn

Over the last few months I have noticed a particularly interesting trend emerge that says a lot about the way people perceive, and are approaching, the art market. There have been quite a few auctions of single owner collections in recent months most of which have achieved...

Rarity is Driving the Art Market

One of the trends that has emerged since the art market began to soften is the increased desirability of works of art that that have not appeared at auction for a long period of time or have never appeared at auction. Such works are usually given the term “fresh to...

Mei Moses Art Market Index Update

A tracking report on the year-to-date value of the Mei Moses All Art Index has been issued by Beautiful Asset Advisors. According to the fall art market insight report, as of 10/31/2008, the value of the index was 270.58** which, as one would expect, is down on the 2007 year...

Milan Contemporary Art Sale Success

In a market where a majority of the major art auctions being held since the beginning of the financial crisis are experiencing far from positive results it is important to be aware that there are still many promising signs of art market resilience. One such sign is the Milan...