Verdult Art Market Index

Clarice by William Joseph Verdult Sales for $25,000 Plus

Clarice by William Joseph Verdult records cash sale of $25,499.00.

Name: Clarice
Artist: William Joseph Verdult
Size: 22 x 28 inches
Medium: oil on aritst paper
Approximate date created: 1999-2000

Alton Perkins,
CEO of  Wealth Enterprises Corporation/Yazzy's Fine Art Corporation

Wild One included as a bonus in the auction at www.williamverdult.com

In addition to Charles the Great, Sacrifice and Free Land, and added surprise was included in the Private Auction.

Wild One, an original oil on canvas size: H: 36 W: 48 inches (approx. Size) has been included as a bonus.

Wild One  like Charles the Great, qualifies for in-house financing. Click here to review the in house Financing program.

Click here to find out more about the private Invitation Only auction.

For details about the current auction, please see the newsletter.

As a reminder the auction details are as follows:

The Auction date is September 8-9, 2007 . Start time 8:00 AM . End time 7:00 PM (all times are Eastern Std).

Early registration is encouraged. Only registered guests are allowed to participate.

If you have not registered for the private auction or need more details click here.

Yazzy's a www.williamverdult.com Private Auction - Live

As part of the launch of its new web site, Yazzy's at www.williamverdult.com is featuring a private auction for art enthusiast and investors.

The Auction is by Invitation Only and will be online on September 1-2 , 2007.

The auction will be held at www.williamverdult.com.

Here is how the program works: At least every three months a Private Auction is held by invitation. During the private auction three things take place:

1. First rare works not seen by the public eye are presented to invited guests.

2. The items presented to guests will have great value, in most cases works will have already been appraised by the National Institute of Appraisers and their full market value will have been established; and

3. A great value will be passed on to invited guests. In other words not only will the art work be rare, guests will have the rare opportunity of acquiring the work at minimum cost.

By Invitation Only participating criteria includes the following:

• You must be registered user of this site.

• You must have purchased from the company.

• Your purchase must be no less than $4,500 at the time of the auction.

• You must be in good standing with Yazzy's and no overdue balances on any account.

How the invitation works:

• If you meet the participating criteria we will send you personal invitation by email.

• You will be asked to confirm the acceptance of the invitation.

• Once confirmed, you will be provided permanent and exclusive access to the 'By Invitation Only" portion of this site which is password protected.

  How the Private Auction works:

Yazzy's at www.williamverdult Invitation Only Auction

Today, Charles the Great, Sacrifice and Free Land were released to the public for the private By Invitation Only Auction that will be held September 8 and 9th 2007.

The private auction is being held at www.williamverdult.com and is opened to art lovers and investors who are customers of the Corporation.

Charles the Great is part of the Kings and Queens of England series created by William Verdult. Charles the Great is presently featured on artnet.com . The painting is an original oil on masonite (Size: H: 30" W: 40").

Sacrifice has also been featured on artnet.com.

Sacrifice is abstract oil on artist paper (size H:28” W:22”).

Free Land is one of only 40 such original etchings/drawings in existence and this will be only the second etching/drawing made available to the public. The etching is a 11 x 8.5 inches, colored in artist pencil and was created in 1993.

Charles the Great and Sacrifice have been formerly appraised by the National Institute of Appraisers.

As a special benefit to the participants, a drawing will be held among auction participants. One winning participant will receive the Castle, an original etching/drawing also created in 1993.

Additionally, in house financing on select paintings is available to participants.

For further information on the auction, visit the Auction Section at www.williamverdult.com

Yazzy's a www.williamverdult.com Private Auction

As part of the launch of its new web site, Yazzy's at www.williamverdult.com is featuring a private auction for art enthusiast and investors.

The Auction is by Invitation Only and will be online on September 1-2 , 2007.

The auction will be held at www.williamverdult.com.

Here is how the program works: At least every three months a Private Auction is held by invitation. During the private auction three things take place:

1. First rare works not seen by the public eye are presented to invited guests.

2. The items presented to guests will have great value, in most cases works will have already been appraised by the National Institute of Appraisers and their full market value will have been established; and

3. A great value will be passed on to invited guests. In other words not only will the art work be rare, guests will have the rare opportunity of acquiring the work at minimum cost.

William Joseph Verdult artwork - A Major Milestone Achieved Transparent Prices

William Joseph Verdult 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. .

Dangerous Path by William Joseph Verdult records cash sale of $21,499.00.

Dangerous Path by William Joseph Verdult records cash sale of $21,499.00.

Name: Dangerous Path
Artist: William Joseph Verdult
Size: 22 x 28 inches
Medium: oil on aritst paper
Approximate date created: 1999-2000

Alton Perkins,
CEO of  Wealth Enterprises Corporation/Yazzy's Fine Art Corporation

Prices of William Joseph Verdult artwork on Artnet.com and verdultbluebook.com

Actual cash auction prices for William Joseph Verdult artwork unveiled on artnet.com.

Thanks to Wealth Enterprises Corporation, for the very first time since Verdult was noticed and opened his own gallery in 1967; nearly 40 years ago, William Joseph Verdult artwork and "cash sales" of his artwork are being reported by Artnet, a major art repository that tracks trends and prices.

Click to see sales data

Artnet is one of the key places to research fine art online. Artnet online Gallery Network is the largest of its kind, with over 1,200 galleries in over 250 cities worldwide, more than 100,000 works by over 25,000 artists from around the globe. The Network serves dealers and art buyers alike by providing a survey of the market and its pricing trends, as well as the means to communicate instantly, inexpensively and globally.

Artnet’s Price Database is the most comprehensive color illustrated archive of fine art auction results worldwide. Representing auction results from over 500 international auction houses since 1985, the Price Database covers more than 2.9 million artworks by over 180,000 artists, ranging from Old Masters to Contemporary Art.

What does this mean for art lovers and investors holding Verdult artwork? For the very first time the art world has access to official "cash" prices of William Joseph Verdult artwork. Prior to the Artnet and Wealth Enterprises Corporation initiative, of the thousands of pieces of Verdult artwork, there were only four works of art by William Joseph Verdult recorded in any auction house or price repository.

The reason for this is though William Joseph Verdult is a listed artist (see posts on Exhibitions and Listed Artist), Verdult refused to sell his art through second party galleries. Verdult only sold his art through his personally gallery. It is well known that Verdult collectors were some of the elites in Las Vegas and Hollywood. Collectors included Paul Newman, Clint Eastwood, Telly Savalas, Frank Sinatra, Elvis Presley, Farrah Fawcett, Connie Francis and many more (See the Verdult Scrapbook). Later he would take the Pablo Picasso approach and exchange his works for goods and services such as expensive automobiles, boats, and even real estate. Thus Verdult artwork maintained an excellent following in the barter world but not the major art world. During this time no reports of Verdult cash sales were ever maintained by a major art price data base. We believe while this may have been good for a select few, art lovers, investors, the public, and the general art market had no clue of what Verdult artwork was actually selling for or what was the trend in Verdult artwork in the "cash market."

Today and going forward, art lovers, holders of Verdult artwork and potential buyers can get recorded data on "cash" sales of Verdult artwork. This allows Verdult art work to become more liquid and a broader and more diversified and rich market can be developed for Verdult's work.

Wealth Enterprise Corporation's next step is to continue to provide transparency to the Verdult market with two immediate goals:

1) Have Verdult artwork recognized by financial institutions where collateral and other asset based financial products are offered;

2) Have most sales of Verdult artwork recorded on www.verdultbluebook.com; and

3) Have Verdult artwork sold at Christies, Sotheby's or Butterfield's.

Though we do not have a crystal ball, we believe these initiatives cannot help but increase the demand for Verdult artwork. In turn, increase the "cash" price sought and gotten for Verdult artwork.

Artnet Company Background
artnet AG was incorporated under the laws of Germany in 1998. In 1999 Management took the company public on the Neuer Markt of the Frankfurt Stock Exchange. In 2002 artnet.com AG changed its name to artnet AG. Its principal holding is its wholly owned subsidiary, artnet Worldwide Corp., a New York corporation that was founded in 1989. On October 4, 2002 artnet AG left the Neuer Markt and is now listed at the Geregelter Market at the Frankfurt Stock Exchange.

If you have questions about the "cash" market, leave a post or send an email.