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Art Market

The African art market boom — a myth or a reality?

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Source; Mail Guardian

Some of those attending this year’s Investec Cape Town Art Fair might be entrepreneurial new collectors looking to buy work from up-and-coming African artists with the intention of turning a profit and diversifying their investment portfolios. 

However, the seemingly unpredictable nature of the art market might act as a deterrent. 

The art market is more complex than other investment markets, such as stocks and government bonds, as art has an intrinsic value that cannot necessarily be quantified and plugged into economic models as easily. 

This makes investing in art a greater risk, as there is no guarantee that the actual returns will be as high as the expected returns. 

Art is classed as a luxury item and its prices are determined by trends, fashion and how much the wealthy are willing to spend on a given work. Higher-priced art can also have significant costs attached, such as a higher buyer’s premium and insurance. 

Read more: https://mg.co.za/friday/2024-02-16-the-african-art-market-boom-a-myth-or-a-reality/

Art Market

Mvskoke Art Market Returns for Third Year

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Source: The Muscogee Nation

The Third Annual Mvskoke Art Market will take place at River Spirit Casino Resort in Tulsa on April 20-21. The market has experienced significant growth in its first two years, and this year is no different. Artists participating increased from 60 and 82 in years one and two respectively, to 94 Native artists this year, representing over 30 tribes from across Oklahoma and Indian Country.  

The Market’s planning committee, building off past years’ success, have strived to come up with ideas to accommodate the growing popularity and improve the overall experience for attendees.  

Muscogee Nation Cultural Center and Archives Manager ShaVon Agee, has played a vital role in the Market’s planning and coordinating for the past three years.  

“We’ve expanded some space in the ballroom foyer in order to accommodate additional artists,” Agee said.   

Read more: https://www.muscogeenation.com/2024/04/16/mvskoke-art-market-returns-for-third-year/

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Art Market

Big Bloom Art Market sets up shop in Warehouse District Beer Garden [photos]

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Source: LNP

Local artists and vendors set up shop in the Warehouse District Beer Garden Sunday as part of the beer garden’s opening weekend festivities.

They were part of the Big Bloom Art Market, which ran from 1-6 p.m. in the beer garden, located at 595 N. Charlotte St. in Lancaster city.

The market followed a sold-out beer festival, the Spring Thaw Beer Fest, which featured nearly 20 local breweries on Saturday.

Read more: https://lancasteronline.com/features/entertainment/big-bloom-art-market-sets-up-shop-in-warehouse-district-beer-garden-photos/collection_160ba13a-f8e2-11ee-a3f2-e3bad70742e4.html

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Art Market

Chichester Antiques, Vintage & Decorative Arts street market returns to city centre

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Source: Sussexworld

The ‘Chichester Antiques, Vintage & Decorative Arts’ street market is making a welcome return after five years and promotes the ultimate in upcycling.The market will be situated in North Street and East Street from 10am until 4pm on Sunday, April 21, and is one of three visits that the market will be making to the city in 2024.

Whatever people’s tastes, the market promises a huge array of interesting items including: clothing accessories; textiles; mid-century furniture and traditional homeware; kitchenalia; gardenalia; photograph; retro art and prints; vinyl records; jewellery; vintage and retro; quirky unusual finds and much more.

Read more: https://www.sussexexpress.co.uk/whats-on/things-to-do/chichester-antiques-vintage-decorative-arts-street-market-returns-to-city-centre-4583254

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