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Modern Art Ju ly 2021LIVEAUCTIONModern Art 6t h J u l y , 2 0 2 1w w w. p r i n s e p s .co mCurator\'s NotePrinseps is delighted to announce its summer modern art auction. We at Prinseps pride ourselves
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Contemporary art refers to art created in the late 20th and early 21st centuries, reflecting current issues, society, and culture. Modern art, on the other hand, encompasses artistic works produced between the late 19th century and the mid-20th century, characterized by a break from traditional styles and techniques.
Individuals or entities that buy, sell, or exhibit contemporary and modern art may be required to file specific documentation or disclosures, particularly for tax purposes or if the art is considered a significant asset.
To fill out documentation related to contemporary and modern art, one should accurately list the details such as artist, title of the work, date of creation, medium, dimensions, provenance, and any sale history, along with any required forms provided by tax authorities or relevant institutions.
The purpose of contemporary and modern art is to explore and challenge the narratives of society, culture, and identity, encouraging viewers to engage with new ideas and perspectives, and to foster a deeper understanding of the world around us.
Information that must be reported may include the artist's name, title of the artwork, year of production, medium, dimensions, purchase price, sale price, and any relevant appraisal or valuation details.
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