"Contemporary art has outpaced the S&P 500 for the last 25 years by more than double, appreciating more than gold, real estate, and the S&P when inflation is high."
"Luxury art has outperformed a lot of the stock market... it's kind of an interesting way to diversify."
"For the first time ever, art could be stored, copied, and sold cheaply, meaning that art was finally affordable for everyone, and the artist could sell it to more people outside of their geographic region."
"Is it possible to spread the wealth of the 100 billion a year global art market to a broader pool of artisan collectors?"
"Selling a piece of digital art for an eye-watering 69 million dollars for a jpeg."
"Basquiat's painting 'Untitled' sold for a record one-hundred and ten point five million dollars."
"Contemporary art pieces literally outpace the S&P 500 by 164 percent between 1995 and 2021."
"Masterworks leverages technology and complex finance to take billionaire art collectors head on."
"NFTs were exciting for artists... but it's another example of a thing's potential already ruined by the ultra rich."
"It's worth whatever someone in the world is willing to pay for it."
"Masterworks allows regular people like you and me to invest in art just like the billionaires do but for a fraction of the price."
"There is a lot of money in art and it's there for taking for artists who are not only creative and skillful but for those who understand that under its transcendental and inspiring layers art is still business."
"He bought it through a proxy at auction for $450.3 million."
"You draw silly things on it and then it'll become an NFT. But if you're nobody, no one's gonna want to buy it. That's the thing."
"With an NFT, there is an opportunity for [artists] to continue to profit from the thing that they did instead of it just being something that runs away and rich people toss around."
"This beautiful work of art is for sale with a price tag starting from 3.4 million dollars."
"Human Art is about to become a luxury brand if you're a physical fine artist before then you are probably going to benefit the most in this new age of AI art."
"Despite growing global concerns, the auction houses remain optimistic for the art market."
"You can make money by collecting and investing in art. Whether it's classic art, contemporary art, you can make money."
"Success for Christie's and Sotheby's is often more about standing out than being number one."
"We strive to provide high quality paintings at the most reasonable prices."
"If you're in the market for art, weirdness is not necessarily a bad sign."
"Fine art has lower volatility than other Investments."
"Masterworks is adding new offerings constantly."
"What drives the high-end art? How can art be used to move money around in creative ways?"
"The high-end art market is not filled with creative artists, it's filled with creative accountants."
"I'm calling it a red flag guys now this buyer on eBay believed that the paintings were authentic because it had the Warhol Foundation numbers it had that invoice by all accounts these were authentic pieces."
"Original art can range anywhere from $50 to $10,000, depending on what characters are on the page, how the page is arranged, and if it's a famous cover."
"I think some people will try to cut artists out... but they will fail in the market."
"Art is a bull market. Art is an asset that gains value over time."
"The art market in the crypto world fully collided last year."
"Someone paid 41 million for this painting I think we should start selling Modern Art fillers."
"There is always a demand for new absurdly priced works of art."
"Despite a pandemic, struggling stock market, and record high inflation, Masterworks has sold six paintings for an average net return of 29% to their investors."
"Nothing's guaranteed in life, but I can tell you this: in 2008 when we had to collapse, the market for art dropped 40 percent. But you know what? The rest of the markets dropped 80 or 90 percent."
"The global value of art is expected to grow a whopping 1 trillion dollars by 2026."
"Every single collector that buys your art, they're not your collectors, they're those galleries' collectors, and they're not loyal to you, they're more loyal to the gallery."
"If you already have the sellable artwork go out there and make that list of 100 galleries if that's the route that you want to choose."
"The commissions at auctions are as high as 50%."
"I think what people are really reacting to is the corruption of the fine art market to begin with. The idea of crypto being really bad for the planet, it doesn't have anything to do with the art markets."
"Understanding the business. Do you know why people purchase art? If you can answer that question, then you've eliminated 90% of your obstacles."
"Artwork that's tight sells not as good as artwork that's loose... allowing some of this expressive stuff in here... really lends itself well to sellability."
"How do you sell your first modern art thing? How do you do I can see the next one but how do you sell the F like who's the first guy that you your first one someone would pay 500 grand for?"
"So far they've sold over 45 million dollars worth of artwork and distributed the net proceeds to investors."
"In the marketplace, as I said, older art has been dramatically and quite suddenly replaced by really a feeding frenzy for modern and contemporary work."
"The actual art market itself worldwide is about 200 billion dollars a year."
"[Ezra and David Nahmad] keep their collection in a warehouse close to Geneva airport, estimated to house around 5,000 works of art with a total market value of over $3 billion dollars."
"anytime a moderately successful artist dies their work tends to Triple in value"
"Cezanne became such a sought-after artist that it's thought that one of his paintings may have sold for the highest price ever when the Qatari royal family purchased 'The Card Players' in a private sale in 2012."
"I feel like it was just a fun project, you know, to kind of introduce my customers to that digital space and actually, you know, break the ice between buying invisible [__] art for a hundred thousand dollars versus buying a real Mona Lisa, you know?"
"...with his paintings still selling at auction for hundreds of millions of dollars to this day all the more proving just how precious his style of artwork really was and still is."
"A hundred million dollars for this piece of art right here."
"We are approaching a true democratization of art where it is motivated purely by the artist and the market."
"If art is subjective, then how can something be objectively worth millions of dollars?"
"Contemporary Art prices have more than doubled the S&P 500's total return over the last 26 years."
"The worst thing about this species is the worst thing about all original species: artificial scarcity, abusive FOMO, furry microtransactions, and absurdly pricey art."
"Banksy's remotely shredded 'Girl with Balloon' was meant to poke fun at the excesses of the auction market."
"Art is a business like any other; what won't sell won't get made."
"The resale market on art is incredible."
"So here at Boston art, we truly believe that value is what you get, but price is what you pay."
"Art has been fetching higher and higher prices at auction over the last 50 years."
"What asset class has outpaced the S&P 500 for the past 20 years? Contemporary art."
"Sotheby's has always had a keen eye to the future."
"That's why KAWS is like a good long-term investment."
"Sales of non-fungible tokens have soared this year, shaking up the traditional art world."
"What has happened is that big business is manipulating the art market in its own interest."
"We're moving from an attention economy to an art market."
"Now what you have is more money, more people in a market right now seeking the work of fewer artists, a much smaller supply, and therefore you see prices doubling, tripling, quintupling, and more."
"The contemporary art market in general is challenged, I think it leaves a lot more space for niche galleries in niche markets."
"Digital art is opening up a whole new type of person who can enter into the art space as a customer."
"Blue Chip whole contemporary art has now outpaced the S&P 500 for the last 27 years by an impressive 136 percent."
"High quality artwork can gain value over time, and unlike stocks, bonds, and real estate, its value is less likely to be affected by wider economic trends."
"What I'm going to prove to you is that the art market is going to change structurally for the benefit of the actors."
"The prices of contemporary art in the past 26 years outpaced the S&P 500 total return by 164 percent."
"There's been more growth in the past 10 years of the Art Market even taking into account the recession than in the previous 100 years."