Altfndata
ALT/FNDATA is a market intelligence research firm that provides insights on the luxury goods.
Remembering David Hockney (1937β2026). One of the most beloved British artists of his generation, Hockney captured modern life like no one else β the sun-drenched LA swimming pools, the Yorkshire landscapes, and, in his later years, paintings made on an iPad. His work hangs in the Met, MoMA, the Tate, and the Centre Pompidou, and his 2017 Tate Britain retrospective was the most-visited show in that gallery's history.
His 1972 painting "Portrait of an Artist (Pool with Two Figures)" sold for $90 million in 2018 β then a record for any living artist. He had first sold that very painting for $20,000.
π§ Hear more on Open Bid, daily from ALT/FNDATA on Spotify, Apple Podcasts, Amazon Music and Audible. https://altfndata.com/audio
From Art Market this weekβ¦ the new Obama Presidential Center is also one of the biggest public art projects in the country. π¨
Opening this month in Chicago, the $850 million campus β with a museum tower nicknamed the "Obamalisk" β features more than 28 commissioned works from some of America's most celebrated artists: a three-story Mark Bradford painting of Chicago, Jack Pierson's "HOPE" in marquee letters, Idris Khan's text piece drawn from Obama's 2015 Selma speech, a tapestry by Nick Cave and Marie Watt, plus works by Carrie Mae Weems, Jenny Holzer, Theaster Gates, Lorna Simpson and Maya Lin.
π§ Listen to Art Market, weekly from ALT/FNDATA on Spotify, Apple Podcasts, Amazon Music and Audible. https://altfndata.com/audio
From Art Market this weekβ¦ two Jackson Po***cks, two very different stories. π¨
One Po***ck just set the season's high, selling for $181 million in New York. Another β "Number 19, 1951," owned by Pace Gallery founder Arne Glimcher β was quietly shopped by Sotheby's in a private sale at around $50 millionβ¦ and didn't find a buyer.
The split says a lot: the very top still pays record prices for trophies, but everything just below is getting harder to move. And it's personal β as Glimcher's Po***ck stalls, his son Marc, who runs Pace, is cutting around 50 artists and has called the mega-gallery model "unfixable."
π§ Listen to Art Market, weekly from ALT/FNDATA on Spotify, Apple Podcasts, Amazon Music and Audible. https://altfndata.com/audio
***ck
From Open Bid this morning... The Porsche 911 is staying analog. π
Porsche CEO Michael Leiters just confirmed: no fully electric 911. The icon keeps its combustion engine (with a hybrid option), even as Porsche keeps investing in EVs elsewhere.
The context? EV demand has cooled β the electric Taycan has sold below expectations, and the electric 718 is delayed. Sometimes the market tells you to keep what works.
π§ Listen to Open Bid, daily from ALT/FNDATA on Spotify, Apple Podcasts, Amazon Music and Audible. https://altfndata.com/audio
From Open Bid this morning... the man who built the Empire State Building owned this watch.β
A 1929 yellow-gold Patek Philippe with a Tiffany dial, once owned by Paul Starrett β who, with his twin brother, put up the Empire State Building (plus the Flatiron, the Plaza, and old Penn Station).
It hits the block at Phillips in New York this Saturday, Lot 27 β estimate just $15,000β$30,000. Provenance like this rarely comes that affordable.
π§ Listen to Open Bid, daily from ALT/FNDATA on Spotify, Apple Podcasts, Amazon Music and Audible. https://altfndata.com/audio
It's here. ALT/FNDATA just launched a podcast network β five shows covering the global auction and alternative asset markets, daily.
Think Bloomberg for collectibles. Every episode built on proprietary data from 10M+ lots, 850+ vendors, 16 asset classes.
The lineup:
ποΈ Open Bid β Daily morning briefing, 6AM ET
ποΈ Closing Price β Evening market moves, 5PM ET
ποΈ Art Market β Weekly deep dive, Tuesdays
ποΈ Luxury Spending β Jewelry, watches, gems & handbags, Wednesdays
ποΈ Auto Market β Collector cars, motorcycles & aircraft, Thursdays
All five are live now on Spotify, Apple Podcasts, Amazon Music, and everywhere you listen. Links in bio.
Which of the five are you subscribing to first? Drop it in the comments π
β
alternativeinvestments luxurymarket fineart artmarket collectibles collectorcars watches jewelry marketdata bloomberg newpodcast
Founder Sharon Obuobi comments on how the sale locations of items affect the achieved prices of luxury goods in the secondary markets.
Watch the full video on 'Why the Cartier Love Bracelet is a Luxury Staple', now live on YouTube. (Link in Bio)
-
Why the Cartier Love Bracelet is a Luxury Staple
-
Since its inception in 1847, Cartier has gained a reputation for timeless, high-quality pieces, serving a long list of royalty and celebrities around the world. In this episode, we explore the key market trends that make the Cartier Love Bracelet a luxury staple.
-
Watch the full video on YouTube (Link in Bio)
-
Since its inception in 1847, Cartier has gained a reputation for timeless, high-quality pieces, serving a long list of royalty and celebrities around the world.
-
Watch the full video on YouTube. (Link in bio)
Since its inception in 1847, Cartier has gained a reputation for timeless, high-quality pieces, serving a long list of royalty and celebrities around the world.
-
Watch the full video on YouTube. (Link in bio)
Click here to claim your Sponsored Listing.
Category
Website
Address
London