DGAP-News: artnet AG: Successful sale of Andy Warhol's 'Flowers' painting confirms the artnet Auctions online strategy
(firmenpresse) - DGAP-News: artnet AG / Key word(s): Miscellaneous
artnet AG: Successful sale of Andy Warhol's 'Flowers' painting
confirms the artnet Auctions online strategy
21.07.2011 / 13:41
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Successful sale of Andy Warhol's 'Flowers' painting confirms the artnet
Auctions online strategy
Berlin/Paris/New York, July 21, 2011 - artnet AG, the international
transaction and information platform for the art market, achieved a world
record for the sale of an Andy Warhol 1978 'Flowers' painting, which sold
for USD 1,322,500 (Premium) yesterday. The buyer was a private American
collector. The painting, in brilliant tones of blue and green, entitled
'Flowers', 22 x 22 inches, was one of only four 'Flowers' paintings from
this period recorded by The Andy Warhol Foundation archive. It had been in
a private German collection for many years. Hans Neuendorf, chief executive
of artnet AG commented, 'This sale confirms what we have maintained for a
long time at artnet - that art buyers are willing to buy high end artworks
online.'
artnet is providing comprehensive information about the artworks offered at
artnet Auctions including prices of comparable artworks as well as indices
and charts from its popular Price Database, which has been the industry
standard since 1995 for galleries, artists and collectors. With 24/7
worldwide bidding, artnet auctions is the world's first and only online
auction platform to buy and sell modern and contemporary fine art, prints,
photographs, and design. This sale confirms the strategy artnet is focusing
with the auction business. The artnet Auctions business is considered as
the most promising artnet product with high growth potential for the coming
year.
About artnet
artnet is the international transaction platform for the art market with an
integrated information offering. artnet Auctions allows rapid transactions
at little cost, the artnet Price Database offers objective price
information and artnet Galleries provides a global market overview.
In its 20-year existence, B2B company artnet has also opened up to the B2C
business, while it further operates a qualified C2C business on artnet
Auctions. This dynamic forms its own cycle. The artnet information services
lend artnet Auctions a knowledge advantage. The auction players are
potential new buyers in artnet Galleries as well as potential new
subscribers to other artnet products. And on artnet Auctions, art
collectors can not only buy, they can also sell.
Both among experts and for private collectors, artnet is thus synonymous
with efficient
www.artnet.com | www.artnet.de | www.artnet.fr
artnet AG, Oranienstraße 164, 10969 Berlin - E-Mail IR(at)artnet.com - Tel.
+49 (30)20917820
ISIN DE0006909500, WKN 690950, AYD
End of Corporate News
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21.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: artnet AGOranienstraße 164
10969 Berlin
Germany
Phone: +49 (0)30 20 91 78 -0
Fax: +49 (0)30 20 91 78 -29
E-mail: info(at)artnet.de
Internet: www.artnet.de
ISIN: DE0006909500
WKN: 690950
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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132791 21.07.2011
Datum: 21.07.2011 - 13:41 Uhr
Sprache: Deutsch
News-ID 34661
Anzahl Zeichen: 0
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Kategorie:
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