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Paying for art by cryptocurrency may become as normal as paying by cash or credit card, and can be anonymous and potentially beyond the grasp of tax authorities

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If you have dollar signs hanging on your wall, you should be able to spend it, right?

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 James Buchanan: An Extraordinary 1856 Campaign Flag

A stunning, 1856 campaign flag for President James Buchanan set a world record at Heritage Auctions May 13 when it sold for $275,000, shattering the previous record for a campaign flag sold at auction, set by Heritage in 2009. The flag was the centerpiece of a $1.9 million Americana & Political sale that focused on memorabilia from the nation’s Founding Fathers and other historic figures.

Colorful campaign banners in the style of American flags were produced for every winning presidential candidate from William Henry Harrison in 1840 up through, at least, Woodrow Wilson. Highly collectible, none is rarer than the 21-1/2" x 15" flag banner for James Buchanan. “As thrilling as it was to see it sell, I was not surprised to see this flag set a world record,” said Tom Slater, Director of Americana at Heritage. “It is the only Buchanan portrait flag ever to appear at auction and represented a perhaps not-to-be-repeated opportunity for the advanced collector.”

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Auction Central News columnist Ken Hall gathers top auction highlights from around the United States and beyond.
Click Here to read more about the items that made headlines since last month’s report:

“Invisible Man” movie poster, $274,850, Heritage Auctions

A poster for the 1933 Universal movie The Invisible Man sold for $274,850 at a Vintage Movie Posters Auction held March 25-26 by Heritage Auctions in Dallas. Also, a poster for Casablanca (Warner Bros., 1953, 4-Fogli) realized $107,550; a poster for Bordertown (Warner Bros., 1935, 4-Fogli) fetched $33,460; a poster for It’s a Wonderful Life (RKO, 1948, 4-Fogli) finished at $28,680; and a one-sheet poster for the 1946 Columbia movie Gilda changed hands for $22,705. Prices include the buyer’s premium

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Choosing art for your home can be challenging. Here are four tips to get started:

1. Know Your Intention

Have a project in mind when you start. Once you know what you are looking for, it makes it much easier to find something you love

2. Know Your Budget

Before you decide what you want to buy, determine how much you can afford to spend. If you have champagne tastes on a beer budget, consider buying work from an emerging artist, or asking for a gallery discount

3. Buy Something You Love

No matter how inexperienced you are, if you find something you love and it works within your budget parameters, buy it! 

4. Go Shopping Online

For a directory of exceptional galleries, dealers, art fairs, art exhibitions, e-commerce platforms, and auction houses go to:  www.FindArtExperts.com  - The #1 Rated Global Resource for Exceptional Art & Auction Service Providers 

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DALLAS, Texas (May 4, 2017) – Norman Rockwell’s Study for Triple Self Portrait, an oil study for the artist's self-described 1960 Saturday Evening Post "masterpiece", sold for $1,332,500, a new world record for an oil study by the artist Wednesday during Heritage Auctions’ American Art Auction in Dallas.

Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world’s largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, Paris, Geneva, Amsterdam and Hong Kong.The Internet’s most popular auction-house website, HA.com, has over one million registered bidder-members, and searchable free archives of four million past auction records with prices realized, descriptions and enlargeable photos

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It is not the aristocracy who rejoices when the emperor has no clothes

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