Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 35 n°30

Galerie Steinitz sale will be recorded on The Blockchain

Posted by fidest press agency su venerdì, 9 settembre 2022

London – Christie’s partners with Benjamin Steinitz, the internationally renowned dealer of 18th and 19th century furniture and sculpture, and announces a first for Classic Art: all 58 lots offered in the live auction Provenance Revealed: Galerie Steinitz on 21 September in London will be registered and secured on the Blockchain through Artory, a world leader in art tech and the blockchain-secured registration of physical artworks and collectibles.Provenance Revealed: Galerie Steinitz presents a remarkable opportunity for collectors to acquire a wide variety of objects celebrating exceptional provenances – from the collections of 18th-century French royalty and aristocracy, to the treasures of 19th-century industrial and financial titans, to pieces that were part of the private worlds of 20th-century fashion designers, including Yves Saint Laurent, Hubert de Givenchy and Karl Lagerfeld. Estimated to realise in the region of £3.5 million, works from these historic collections will be on public view at Christie’s headquarters in London from 12 to 20 September. Each of the lots will include secure, encrypted certification of the sale for the successful bidder, providing a permanent digital record of the information about the artwork.This pioneering initiative advances the trade of decorative arts to a sophisticated new realm. Synergizing Steinitz’s passion for uncovering and recording the provenances of works of art with the technology of blockchain, the project recognises the importance of sharing the history of a work of art as a way to celebrate its story – a legacy that Benjamin inherited and continues from his parents.This initiative also epitomises Christie’s involvement in Web3, and it is a new step in its collaboration with Artory after Christie’s became the first auction house to utilise blockchain technology to document the provenance and artwork data from the sale of the Barney A. Ebsworth Collection of 20th Century American Art in 2018.

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