MutualArt.com

Last updated
MutualArt.com
Founded2008
Area served
Worldwide
Key people
Moti Shniberg
Website www.mutualart.com

MutualArt.com is an art information website that provides auction prices, personalized updates and data on a number of artists. [1] MutualArt.com also includes an online art appraisals service. [2] Premium Members have access to the site's Art Market Analysis. [3]

Contents

History

MutualArt was founded in 2004 by Moti Shniberg, an Israeli-born technology entrepreneur; David A. Ross, a former director of the Whitney Museum; and Dan Galai, a professor of business at Hebrew University. [1] [4] [5]

MutualArt acted initially as a holding company for the Artist Pension Trust. [6] [7] [8] The company's CEO is Zohar  Elhanani. [9]

In 2008 MutualArt launched its online portal, mutualart.com. [10] [11] At the time, its web site was reportedly one of the first examples of the Web 2.0 Semantic Web applied to a customer service. [12] The site attempted to link art collectors with artists, museums, galleries and information sources including the art publications, auction house information and prices. [12]

In 2016 the company merged with the Artist Pension Trust [13] [14] to form the MutualArt Group. [15] [16]

Related Research Articles

<span class="mw-page-title-main">Sotheby's</span> International auction house

Sotheby's is a British-founded multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and maintains a significant presence in the UK.

Art finance and Art finance advisory are terms referring to a set of financial services provided by some auction houses, banks, and consulting firms, and marketed to such firms' clients who are art collectors or artists.

<span class="mw-page-title-main">Art auction</span>

An art auction or fine art auction is the sale of art works, in most cases in an auction house.

<span class="mw-page-title-main">Crystal Bridges Museum of American Art</span> Art museum in Bentonville, Arkansas

Crystal Bridges Museum of American Art is a museum of American art in Bentonville, Arkansas. The museum, founded by Alice Walton and designed by Moshe Safdie, officially opened on 11 November 2011. It offers free public admission.

<i>Under the Radar</i> (magazine) American music magazine

Under the Radar is an American music magazine that features interviews with accompanying photo-shoots. Each issue includes opinion and commentary of the indie music scene as well as reviews of books, DVDs, and albums. The magazine posts web-exclusive interviews and reviews on its website.

The Artist Pension Trust (APT), which merged into the MutualArt Group in 2016, is an investment vehicle specializing in contemporary art, which aims to provide financial security and international exposure to selected artists chosen by its international curatorial team. It has the largest global collection of contemporary art, comprising 10,000 artworks from 2,000 artists in 75 countries, and growing by more than 2,000 each year. As of November 2013, a total of 40,000 artworks had been committed to APT by 2,000 artists. APT claimed its then value to be more than $US100 million.

Artnet.com is an art market website. It is operated by Artnet Worldwide Corporation, which has headquarters in New York City, New York, in the United States. It is owned by Artnet AG, a German publicly traded company based in Berlin that is listed on the Frankfurt Stock Exchange. The company increased revenues by 25.3% to 17.3 million EUR in 2015 compared with a year before.

British and Irish country house contents auctions are usually held on site at the country house, and have been used to raise funds for their owners, usually before selling the house and estate. Such auctions include the sale of high quality antique paintings, furniture, objets d'art, tapestries, books, and other household items.

<span class="mw-page-title-main">Art valuation</span>

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. Art valuation involves comparing data from multiple sources such as art auction houses, private and corporate collectors, curators, art dealer activities, gallerists, experienced consultants, and specialized market analysts to arrive at a value. Art valuation is accomplished not only for collection, investment, divestment, and financing purposes, but as part of estate valuations, for charitable contributions, for tax planning, insurance, and loan collateral purposes. This article deals with the valuation of works of fine art, especially contemporary art, at the top end of the international market, but similar principles apply to the valuation of less expensive art and antiques.

<span class="mw-page-title-main">Ken Thompson</span> American computer scientist, co-creator of the Unix operating system

Kenneth Lane Thompson is an American pioneer of computer science. Thompson worked at Bell Labs for most of his career where he designed and implemented the original Unix operating system. He also invented the B programming language, the direct predecessor to the C programming language, and was one of the creators and early developers of the Plan 9 operating system. Since 2006, Thompson has worked at Google, where he co-developed the Go programming language.

<span class="mw-page-title-main">Art market</span>

The art market is the marketplace of buyers and sellers trading in commodities, services, and works of art.

<i>Girl with Balloon</i> Series of murals in London by artist Banksy

Girl with Balloon is a series of stencil murals around London by the graffiti artist Banksy, started in 2002. They depict a young girl with her hand extended toward a red heart-shaped balloon carried away by the wind. The locations for this work include street murals in Shoreditch and the South bank in London on the Waterloo Bridge and other murals were around London, though none remain there.

Melanie Clore was the chairman of the auction house Sotheby's Europe between 2011 and 2016, and the worldwide co-chairman of Sotheby's Impressionist and Modern art department from 2000 to 2016. In September 2016, Melanie Clore and Henry Wyndham launched an art advisory business, Clore Wyndham Fine Art. She is a Trustee of the Royal Academy Trust and a Trustee of the Clore Duffield Foundation.

Alan Klinkhoff Gallery is a Canadian fine art corporation located in Montreal and Toronto. A member of the Art Dealers Association of Canada, the firm provides acquisition and evaluation services for collectors, as well as exhibitions and sales of Canadian art by such artists as Paul-Émile Borduas, Emily Carr, Marc-Aurèle Fortin, Lawren Harris, A.Y. Jackson, Jean Paul Lemieux, David Milne, Robert Pilot, and Marc-Aurèle Suzor-Côté. Alan Klinkhoff, a frequent commenter on Canadian art and art market, is quoted in the Montreal Gazette, The Globe and Mail, Toronto Star, Financial Post, The New York Times, and on CBC Television. The gallery, a successor to Galerie Walter Klinkhoff, is known for museum-quality, non-sale exhibitions of important Canadian painters.

My Lonesome Cowboy is a sculpture created in 1998 by Japanese artist Takashi Murakami. Produced during Murakami's so-called "bodily fluids" period, the 9.45 ft-tall (288 cm) statue depicts an anime-inspired figure ejaculating a large strand of semen. Like its companion piece Hiropon, My Lonesome Cowboy is an example of superflat art, an art movement founded by Murakami in the 1990s to criticize Japanese consumer culture. The sculpture is noted as among Murakami's most famous works.

<i>La Hara</i> 1981 painting by Jean-Michel Basquiat

La Hara is a painting created by American artist Jean-Michel Basquiat in 1981. The artwork, which depicts a skeletal police officer, sold for $35 million at Christie's in May 2017.

References

  1. 1 2 Tarmy, James (15 July 2014). "The Problem With Selling the Largest Private Art Collection in the World" . Bloomberg.com. Archived from the original on Apr 30, 2017.
  2. ↑ "Online Art Appraisal in 72 hours". MutualArt. Retrieved 2018-02-22.
  3. ↑ "Art Market Analysis". MutualArt. Archived from the original on 2018-02-22. Retrieved 2018-02-22.
  4. ↑ Pender, Kathleen (28 May 2004). "Pension fund for artists". SFGATE. Archived from the original on Oct 11, 2016.
  5. ↑ Kaufman, Jason Edward (Aug 17, 2004). "A Pension Scheme For Artists". Forbes. The Art Newspaper. Archived from the original on Oct 10, 2017.
  6. ↑ "Art for money's sake" . The Economist. 27 May 2004. Archived from the original on Oct 1, 2020.
  7. ↑ Howe, Jeff (Apr 1, 2005). "Paint by Numbers" . Wired. Archived from the original on Jan 27, 2024.
  8. ↑ Mar, Alex (November 2004). "Alex Mar on the Artist Pension Trust". Artforum. Vol. 43, no. 3. Archived from the original on Jan 10, 2024.
  9. ↑ "An interview with MutualArt CEO Zohar Elhanani". The Art Collector. 2018-03-31. Retrieved 2021-10-14.
  10. ↑ Feitelberg, Rosemary (28 December 2007). "A World of Art on the Web". WWD. Archived from the original on 24 Mar 2024.
  11. ↑ Sittenfeld, Linda R. (29 April 2008). "Web Site Offers Artistic Approach to Investing". CNBC. Archived from the original on Oct 28, 2020.
  12. 1 2 Shaughnessy, Haydn (10 March 2008). "Return of the portal" . The Irish Times. Archived from the original on Mar 3, 2016. Retrieved 16 December 2020.
  13. ↑ "The Artist Pension Trust Merges with MutualArt.com". Artforum. December 5, 2016. Archived from the original on Nov 23, 2020.
  14. ↑ Gerlis, Melanie (December 2, 2016). "The Art Market: Miami sales and a 'shopping channel' for art" . Financial Times. Archived from the original on 2 Apr 2022.
  15. ↑ Kinsella, Eileen (19 April 2017). "Nervous Artists Yank Work From Sotheby's Sale". artnet News. Archived from the original on Apr 19, 2017.
  16. ↑ Gleadell, Colin (18 April 2017). "The problem with selling contemporary art at auction: The Artist Pension Trust withdraws 18 lots from Sotheby's" . The Telegraph. Archived from the original on Feb 20, 2024.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.