Yazz's at www.williamverdult.com

Verdult’s Highest Price Selling Lithographs - Yazzy's at www.williamverdult.com

2010-03-05T16:00:47Z

Over the past two years the highest priced selling limited edition lithographs created by William Joseph Verdult follows:

For more selling statistics and numbers visit MarketWatch

The Art Market When Collectors have the Edge over Museums - It's Impact on William Verdult Art

2010-03-04T16:00:47Z

According to a recent article in the Los Angels Times and artjournal.com, Museums are losing out to wealthy private collectors who can afford to acquire expensive works. Bottom-line - in today's market they can not compete.

According to the Times art museums exist to acquire and treasure important works for the benefit of you and me. Exhibitions, education and scholarship are all essential, of course. But those activities derive from art museums' primary function -- collecting works that deeply reward the public's admiring gaze.

Unfortunately, economics are challenging all that. Public collecting is endangered by a shortfall of resources, a decline in political support and even a loss of nerve that could cut off the flow of masterworks for the people.

How does this situation impact the works of artist like William Verdult?

It depends. Again, the individual collector and investor have an edge over institutions like museums when competing for Verdult art. However, there are astute investor - who understand that working with museums can be in the best interest of their investment in the long run. We will be providing more information on Verdult exhibits in the coming weeks.

It has always been hard for museums to compete with private collectors, but driven by the scarcity of great old works and an expanding class of wealthy buyers, the recent stratospheric rise of art prices has outstripped most acquisitions budgets.

William Joseph Verdult Art - Where are we headed?, Yazzy's at www.williamverdult.com

2010-03-03T16:00:56Z

The Corporation is directly responsible for having Verdult artwork on major art sites including, Artnet.com, Artprice.com, and AskArt.com.

We have shareholders we are accountable to and we consistenlty review our objectives to keep our eye on the prize.

The prize is to bring William Verdult artwork out of the closet and

1) Increase the cash value of Verdult artwork;

2) Be able to take the artwork to the bank for collateral for those investors that want to;

3) Maintain transparency in the market;

4) Increase the awareness of Verdult through publicity, marketing, and placement on major art sites; and

5) Eventually get the artwork on Sothebys and Christy's.

We are aggressively achieving these goals. We believe that investors and art lovers who own Verdult artwork will benefit from the ability to "instead of saying I have a Verdult and its worth a million dollars without any proof whatsoever; we believe firmly that it is most important to say to a perspective buyer; a Verdult just sold for blank amount in cash – and here are the records to prove it."

William Joseph Verdult artwork - A Major Milestone Achieved - Transparent Prices

2010-03-02T16:01:01Z

William Joseph Verdult's artwork prices unveiled.

As we indicated in our previous post one of the major goals of the Corporation is to increase the transparency of prices for William Verdult artwork. In doing so we want to make sure that prices of actual "cash sales" of Verdult artwork are maintained and published by the major on-line research and resource outlets.

Click to see sales data

In providing transparent prices, we believe the transparency will help art lovers and investors gage the actual value of their artwork, and will open the door for William Joseph Verdult artwork to be sold at premier on-line auction houses such as Christies, Sotheby's and Butterfield's. .

Another key goal of the Corporation is to ensure that the artwork is fully considered as a distinct and separate asset class like stocks, bonds and real estate. In addition, our objective is to ensure that Verdult artwork can be used to help art lovers, investors and shareholders leverage their art holdings, by using their artwork where appropriate in collateralized "cash" loans and other cash investment opportunities.

Sotheby's Q4 tops estimates, auction margin rises: Yazzy's at www.williamverdult.com

2010-03-01T18:00:26Z

Master Ramses Formerly NIA Appraised at $37,000Sotheby's the world's largest publicly traded auction house, posted a higher-than-expected fourth-quarter profit, helped by a higher auction commission margin and cost cuts, sending its shares up 10 percent according to Reuters..

Last month, Sotheby's beat expectations at its contemporary art sale underlining the strength of the market a week after a Giacometti statue broke auction records by selling for $104.3 million.

For the fourth quarter ended December 31, the auctioneer swung to a net income of $73.6 million, or $1.09 a share, compared with a net loss of $9.3 million, or 14 cents a share, a year earlier.

Revenue rose 31 percent to $ 218.3 million according to Reuters.

Analysts on average were looking for a profit of 67 cents a share on revenue of $201.1 million, according to Reuters.

The auctioneer, which competes with privately held Christie's, said total expenses fell 28 percent to $119.4 million and its auction commission margin rose to 20.4 percent from 16.0 percent.

Verdult King Tut Gicleé Edition, Yazzy's at www.williamverdult.com

2010-03-01T16:57:10Z

Recognized world-wide for his famous renditions of the treasures of King Tut, for the first time ever, we are pleased to introduce you to the King Tut Gicleé Series.

The limited edition and rare Gicleé series features fine quality canvases of select works from the Tut Series.
The Gicleés were meticulously created after the original works of the Verdult Tut Series. They are created on canvas and done in a limited edition of 100. The Gicleés have the corporation-approved Verdult facsimile signature printed below the image.

Own a great art piece at an affordable price. This is your chance to own an excellent work of art print from one of today's most collectable artists at a exceptionally affordable price.

Why Participate in Yazzy's Verdult Art Selling Program

2010-03-01T16:55:09Z

Why participate?

Yazzy’s deals virtually exclusively with Verdult art work. Conducting over 3,000 auctions and selling hundreds of limited edition lithographs and original paintings, the Corporation, with its cutting edge websites and blogs, is the premier destination for Verdult art.

Frequently major auction houses say we are the place to go for Verdult art work. We have conducted over 3,000 auctions of Verdult artwork and counting. As a public reporting company, we have audits by the Security and Exchange Commission registered Certified Public Accountants including Verdult art, and often commissioned the National Institute of Appraisers to conduct independent appraisals of Verdult art.

Focus

We are the only site on the Internet, and the only entity in existence that specifically tracks the market - primarily cash market - for the artwork of William Joseph Verdult.

We actively track and have verifiable records of cash sales for Verdult art.

To enhance shareholder value, we work with key on-line sites that track major artists' work to include William Joseph Verdult’s artwork in their data base. Artnet.com who recently signed an agreement with Sotheby's’ and other major on-line art locations and galleries are now beginning to maintain a list of works by William Joseph Verdult.

Why Should You Own Verdult Art? Yazzy's at www.williamverdult.com

2010-03-01T16:30:02Z

Why Should You Own Verdult Art?

Here is our response to a recent email inquiry concerning owning Verdult art:

First let me say that we are not investment advisors and we do not purport to provide you with any sort of investment advice. That said, in the past year or so the value of Verdult paintings has increased two to three fold. This is the same trend in general with the overall art market.

We do not see this value decreasing anytime soon. We have been working with Verdult art work for four to five years and most reputable sites consider our company the experts in this artwork. Our intent is to get the paintings in places such as Christies and Sotheby’s so the true value of the art can be recognized.

We have done a number of things to achieve this goal including making sure that the prices are transparent and working with major art reporting sites such as artprice.com and artnet.com to ensure that Verdult paintings are well recognized and well received.

In addition to the normal appreciation and asset diversification strategies gained from owning art; there are tax advantages as well for those persons that want to participate in a tax donation program. So there are many ways to make money on your investment. It really depends upon your strategy and purpose for the investment.

In addition, please understand that the Certificate of Authenticity (COA) value is established by the artist and or company which can be much different from the actual market.

Most items that we market return a certified appraised market value by an independent and highly qualified third party appraiser of anywhere between 5 and 12 times the value paid for the artwork.

Will Obama tax hikes for the wealthy boomerang against the arts? Yazzy's at www.williamverdult.com

2010-02-02T15:01:04Z

Nonprofit arts organizations that count on citizens in the upper income brackets to kick in big donations -- and that would be just about all of them -- may want to put their fundraising efforts on fast-forward this year according to the Los Angeles Times.

If President Obama has his way, the Chronicle of Philanthropy reported Monday, tax deductions for charitable donations will be capped at 28% starting in 2011 for individuals earning more than $200,000 and joint-filers whose income tops $250,000. The current tax write-off for people in the top bracket is 35%.

So an arts philanthropist donating a $1-million gift to a museum or performance group would get a $350,000 tax break this year, but only $280,000 in 2011.

Besides potentially lessening the tax incentive for the wealthy to give, the president's tax proposal would end tax cuts for wealthy Americans, restoring the top tax bracket to 39.5%, where it stood before 2001 cuts, slated to last 10 years, reduced the top bracket to 35%. That means the wealthiest donors would have a bit less disposable income to contribute to their favorite charities, arts or otherwise. If the very rich decide to put dollars that they otherwise might have given away into a rainy-day fund to pay the taxman, arts groups and other nonprofits could suffer.

Christie’s Sees Art-Market Recovery After 24% Decline in Sales: Yazzy's at www.williamverdult.com

2010-02-01T14:48:58Z

Ramses III

Christie’s International said that it is confident of the art market recovering after sales declined 24 percent in 2009, a “demanding year” according to Bloomberg

Total sales decreased to 2.1 billion pounds ($3.4 billion at today’s rate), the London-based auction house said in an e- mailed statement today. Revenue from contemporary art was the most badly affected by the economic crisis, falling 59 percent to 244.3 million pounds.

Collectors responded to the financial crisis in 2009 by selecting the best 20th-century classics, Old Masters, wine and jewelry, and rejecting some contemporary works at international auctions by Christie’s and its rival Sotheby’s. Private bidders, especially from Asia, have been boosting success rates even as totals decline. Average selling rates by lot at auctions increased 5 per cent to 80 percent in 2009, said the company.

“These figures were much better than we expected,” Edward Dolman, Christie’s chief executive, said in a telephone interview. “The art market is vulnerable and we thought we’d be down 50 percent, as we were in the last recession in 1991.”

Bolstered by the record 342.5 million-euro ($480 million) success of the collection of Yves Saint Laurent and Pierre Berge in Paris in February, Impressionist & Modern works dominated Christie’s 2009 earnings, with 500.9 million pounds of sales. Asian art, for the first time, was the second-highest contributor at 265.1 million pounds, said the auction house.

The Saint Laurent sale -- the most expensive single- ownership collection ever auctioned -- was held when confidence in markets had been at their lowest ebb, said Dolman.

“It showed us the reality of the new masterpiece market,” he said. “People are looking for exceptional objects, and they’re looking for the same things. Most of the top lots went to Middle Eastern and Russian buyers, underbid by Asian clients. Our new clientele was in place.”