Upcoming changes in the global art market

The top story on ArtBusinessNews.com this morning is that Huntington T. Block Insurance, specializing in Fine Art, projects that the way art is bought, sold, and protected will change in the coming year.

The trade wars, hurricanes and wildfires and the demand for historic artworks by an increasing number of billionaires worldwide are affecting valuation and cost of insurance.  A report by the founder of Art Economics in 2019 valued the 2018 global art market at 67.4 billion with a sharp upward trajectory.

Joe Dunn, CEO of Huntington T. Block, says that, like other areas of business, the art world will need to prepare for and adapt to challenges presented by societal, economic, and environmental concerns.

Andi Schoenbaum, Visual Artist.

Source: https://artbusinessnews.com/2020/01/three-key-trends-guiding-the-art-market-in-the-new-year/

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A veteran’s heart

Andi Schoenbaum, 2019

Oil on canvas

65″x42″

Commission oil painting of perspective of American flag blowing in the wind for Mark Dominguez at Rahnama Law in Oxnard.

Mark is an Army Veteran, who joined the military at the age of 18. He was stationed in the Dominican Republic as reconnaissance infantry and served 17 months in Vietnam.  His experiences there deeply cultivated his passion for patriotism and service. It also carved deep wounds with the loss of close friends to wartime casualties.  He went on to serve 26 years in the Ventura County police force, most notably as an undercover narcotics officer. He enjoys fly fishing, sunsets at Rincon and live performances. This painting is to commemorate his life of duty.