The 800-baht (approximately 20 USD) wave painting by Kittichate Rattanakhunsat (Film), a freshman at the Faculty of Painting, Sculpture, and Graphic Arts at Silpakorn University, Thailand, has made waves in the Thai art scene over the past week. His latest piece has already been auctioned for 159,999 baht (around 4,300 USD). Tae Art Man will bring you one of the most fascinating (and debatable) stories in Thai contemporary art history. (Please follow Tae Art Man on various social media channels.) First Wave Sold for 800 Baht, Netizens Praise Its Exceptional Beauty The story began on August 27, 2024, when Film posted this sea wave painting for sale at 800 baht in the Art & Craft Lovers Market group. It quickly went viral as many believed the painting was worth far more than its asking price. The post was shared over five thousand times, garnering over 5 million views. Despite going…
Tag: Auction
Crypto Punk 7523 sold at 10M at Sotheby’s
Crypto Punk 7523 !!! Live Report from Sotheby’s Auction Room at Natively Digital: a Curated NFTs Sale The CryptoPunk series artwork by Larva Lab with the identification number 7523 (which is an alien with a blue face, only 9 out of a total of 10,000) has recently shattered records, closing at a bidding price of 10 million US dollars or approximately 310 million Thai Baht (excluding fees). This is the highest price ever achieved for this series of artwork, and undoubtedly, it ranks number 1 among the top 10 most expensive NFT artworks at present. Prior to this, in March of this year, two Alien artworks were sold at around 7.5 million US dollars or approximately 223 million Thai Baht (these two artworks also held the top spot in the aforementioned top 10). The auction atmosphere was fast-paced, with the price gradually increasing from 1.5 million to 1.9 million dollars.…
Michelangelo’s Doni Tondo sold for €140 as NFT
It can be said that the whole art world was shaken when Uffizi (Uffizi), an ancient world-class museum founded in 2124 during the Renaissance in Florence, Italy, decided to bring its own collection into the world of Blockchain in the form of NFTs (Non-Fungible Token) art. The first NFT work from Michelangelo’s legendary painting Doni Tondo was launched and sold for 140,000 euros or about 5.3 million baht… and this is just the beginning as there are many more works that Uffizi is preparing to present in the form of NFTs art as well. The Doni Tondo is a painting on a round wooden panel with a diameter of 120 cm. It is believed to have been painted in 2048-2049 AD and depicts the “Holy Family” consisting of Jesus, Mary and Joseph. Michelangelo painted this picture for Agnolo Doni, a famous cloth merchant at the time, and the word Tondo…
The Hermitage NFT team up with Binance for a major collaboration.
The Hermitage Winter Palace, a grand museum in Russia, has announced the auctioning of 5 legendary paintings transformed into NFTs (Non-Fungible Tokens) on the Binance marketplace. This event marks another significant movement in the world of art, following the sale of Michelangelo’s Doni Tondo NFTs by the Uffizi Gallery in Italy for 5.3 million Baht in mid-May. The Hermitage is an ancient museum established in 2307 BE and currently houses around 3 million artworks. The 5 selected masterpieces turned into NFTs for this occasion are by renowned artists: Leonardo da Vinci, Giorgione, Claude Monet, Vincent van Gogh, and Wassily Kandinsky. These artworks, which are must-see attractions for visitors, have been digitally transformed into NFTs and include the following: The museum describes the auction on Binance as offering high-resolution, ultra-level digital images of each artwork. These NFTs come with the signature of Mikhail Piotrovsky, the director of the Hermitage. Two copies…
Cimabue’s ‘Christ Mocked’ sold for $27 million
Cimabue’s ‘Christ Mocked’ was found in the kitchen when a French elderly lady plan to move out. All the time that millions worth art piece was hanging in the kitchen, she didn’t know that is an oeuvre of medieval Italian grandmaster. The discovery In October 2019, this painting was auctioned at an impressive price of around $27m, which was recorded as the highest auction of medieval painting. This is a once in a blue moon in the art world since Cimabue’s works, which mostly created around the end of the 13th century, are very rare. It’s hard to evaluate if the auction was reasonable or overprice because of lacking the reference price. With a pre-auction valuation of $4.4 – 6.6m, the final price hammered at $26.4m or about five-six times more than the appraised value. By the way, Who is Cimabue? Cimabue is actually an alias “bull’s head,” which used…
