Verdult Art Market Index

Yazzy's WilliamVerdult.com Art Financing program

Yazzy's Fine Art Corporation (formerly Wealth Enterprises Corporation) is offering a William Verdult fine Art Financing Program for art lovers and investors.

The art market is experiencing a record increase in growth. There has been a lot of news about this growth and increase in art prices.

In the past, only the most wealthiest individuals banking with private wealth sections in prestigious top flight banks were able secure loans to acquire art. The Corporation has a fine art loan financing program that will allow you to both acquire and enjoy original fine art from a listed artist; at great prices too!

Our art financing program is designed for investors and art lovers who understand and appreciates great value.

• Program Benefits

1. Get a valuable appraised asset below full market value.
2. Take advantage of legal strategies to reduce your taxes saving more money for other investments, savings, or life enjoyment; like that vacation you have been perhaps putting off!
3. Immediately increase your personal net worth for pennies on the dollar.
4. Easy access to generous credit lines.
5. Competitive and low interest rates.
6. Asset appraised by an independent 3rd party appraiser over 20 years sanctioned by Government agencies including the IRS; the appraiser has never been overturned or reversed by the IRS or insurance agency.
7. Asset can an be used as collateral and bank loans.
8. The art market as an asset class is experiencing record growth. You can be apart of that growth.
9. Your purchase can be used as a tax write off and charitable donation.
10. Asset can be used as a credit builder and credit/trade reference.
11. Smart Buy - maintain cash flow, build business credit; stretch your budget.
12. For business owners, Interest  paid can be used as a business tax write off.

Yazzy's at www.williamverdult.com is here….

On September 1st and 2nd Yazzy's at www.williamverdult.com will be available for a pre-showing by select individuals.

During the preview in recognition of the launch of the new site, a number of activities will be held including two auctions, our art financing program, and a rare art Free give away.

Click to see screen shots

The Corporation is launching a new presence on the web expanding www.williamverdult.com capabilities.

The boom in art prices during 2006 - Impact on William Verdult

Verdult, Clarice ©

According to Artprice.com (major web site that tracks prices in the art market) art prices continued their ascension in 2006 with sharp accelerations observed on most major markets. At a worldwide level, Artprice's global price index was up a further +25.4% over the year, to just 5% below its peak level in 1990. In the United States, however, prices are now 32% higher than the speculative bubble peak in 1990.

Driven, by galloping prices and a whole new generation of rich art collectors, the number of over-a-million-dollar sales has taken off. Today's prices are in effect without precedent. In 2006 no less than 810 works sold for over a million dollars, generating total auction revenue of USD 2.7 billion. In 2005, 487 Fine Art sales generated figures above a million and total auction revenue of USD 1.4 billion. Until the end of the 1990s only 100 to 200 auctions per year broke through the million-dollar threshold.

Top 10 Art Prices for 2006

According to Artnet the following were the highest sales of artwork in 2006. As you can see the work by Rembrandt van Rijn were the top two highest auction sales.

Rembrandt van Rijn $25,800,000 Saint James the Greater	Rembrandt van Rijn $9,000,000 Portrait of a Young Woman with a Black Cap	Francesco Guardi View of the Villa Loredan at Paese $8,216,000	Joseph Wright (of Derby) Portrait of Robert Shore Milnes $7,208,000	Edward Hicks The peaceable kingdom $6,176,000
Sandro Botticelli Profile portrait of a woman $4,744,000	El Greco The Annunciation $4,184,000	Hans Baldung Head of a man, in profile to the left  $3,712,000	Edward Hicks William Penn's treaty $3,600,000	Francisco de Zurbarán Christ and the Virgin in the House of Nazareth $3,512,000

Art Positions on WIlliam Joseph Verdult

A series of shipping containers are turned into improvised art galleries at Art Basel Miami Beach. Though we have not found any art created by William Verdult at the Basil, in the coming months the Corporation plans to submit entries there. 

Verdult artwork - Moving beyond a hope and a prayer.

Verdult artwork - Moving beyond a hope and a prayer.

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

As we stressed in our post on "William Joseph Verdult - Where's My $5 million?" we are moving beyond just a hope and a prayer in valuing Verdult artwork.

More and more you see Verdult art work and summary of the artist showing up in the data bases of major websites responsible for tracking major listed artist around the world.

In February of last year, we completed a major initiative to get William Joseph Verdult listed on artprice.com which list major artist around the world. In addition to supplying extensive background information on Verdult including the Official bio and Verdult Scrapbook, we provided several hundred background documents not previously released to the public.

Last year in addition to releasing a number of press releases on Verdult artwork to keep the Verdult name in the public's eye, we were also successful in getting William Joseph Verdult listed on Askart.com.

This year are completing arrangements to get William Joseph Verdult listed both here in the United States and in Europe on perhaps the largest on-line organization responsible for tracking Verdult artwork. Not only will this organization include William Joseph Verdult as a listed artist; prices of William Joseph Verdult artwork will be included in the data base as well.

William Verdult Brand in Good Hands

 
lake in Woods: See sale cash sale price on Artnet

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