Jack Armstrong – Last 25 “Cosmic X” Painting Collection for $500 Million
The newly announced art collection package by famous “Cosmic X” modern artist Jack Armstrong is amazing! For serious art collectors, we feel you definitely need to put this on your radar. Art sales around the world continue to set all-time highs. In summary, as you read more about Mr. Armstrong and his incredible art collection, this unique opportunity will become very clear.
Jack has said, “Everything valuable is about rarity.“ Mr. Armstrong created just 100 “Cosmic X” paintings and only 25 remain for sale – each is priced from $10 million to $113 million. Armstrong proudly holds the world record for the most expensive motorcycle, cowboy boots and bicycle.
The price of all 25 multi-layered acrylic-on-canvas paintings total $1.2 billion (USD). But Jack has decided to offer the complete collection – for only $500 million (or best offer). As a reply to Jack’s quote, we say “Rarity is what sells.” With the limited number of his paintings available to purchase, this is an unbelievable opportunity for any art collector, investor or financial investment firm.
Please view additional articles, videos and photos via the below link:
Click and view each page of this once-in-a-lifetime, visually stunning art collection.
(Note: Five paintings on page 1 and twenty on pages 3 and 4 of the below brochure)
While living in New York City, Jack personally knew and worked with the “King of Pop” – Andy Warhol. Of course, he is the leading figure in the visual Pop Art movement. In 2001, Armstrong painted the amazing “Warhol Naked.” Therefore, this incredible piece of art is a touching tribute to his dear friend Andy.
Jack has told me that one of the proudest moments in his life, was being dubbed “The Last Wizard of Art” by Warhol himself. That is truly an honor and quite a memorable experience for Jack to be told that in person. This beautiful acrylic-on-canvas painting is both brilliant and bold, and measures 24″W x 36″H.
“Warhol Naked” – Now Offered at $110 Million
Jack has given serious thought to the NFT (Non-Fungible Token) craze. Especially, after the Beeple $69 million NFT sale at a Christie’s auction in March. The Life of Luxury was the first to announce Mr. Armstrong is offering a magnificent NFT collection titled: “Cosmic X 100.” It includes all 100 digital images of his incredible “Cosmic X” paintings – for only $100 million.
We will be sharing more news in the near future. The NFT will appear on a new online platform by the end of the year.
Cosmic Extensionalism or Cosmic X is a style of art, which was originally founded by Jack Armstrong in 1999. He became inspired by an ethereal experience with the famous gemstone, known as the Black Star Sapphire of Queensland.
By far the largest and most complex painting Jack Armstrong ever painted is titled “The Last Wizard.” It is colorful and visually brilliant. This large acrylic-on-canvas painting measures 6 feet by 4 feet in size. Interestingly, it is not only his largest painting, but also showcases his complete mastery of the Cosmic X art form. Hence, the very one Armstrong personally founded in 1999.
Jack Armstrong states, “I feel the same way about “The Last Wizard” as Pollock must have felt about his painting “Blue Poles”, “Guernica” to Picasso, “Orange” by Rothko, and “Untitled” by Basquiat. In the future ‘The Last Wizard’ will break the records of his peers, but the power of all these larger than life works will remain as the signposts that signaled the future of art.”
“The Last Wizard” – Now Offered at $110 Million
Global sales of art and antiques reached an estimated $50.1 billion in 2020
According to the 2021 annual Global Art Market Report sponsored by Art Basel, UBS and written by art economist Clare McAndrew, global art sales declined in 2020. Total art sales fell sharply to $50.1 billion (USD), the lowest value in 11 years. Most experts expect a rebound in 2021, as world economies continue to recover from the COVID-19 pandemic.
The global sales figure was down 22% from 2019, yet above the 2009 recession low, when sales fell by 36% to $39.5 billion. The U.S. market continues to retain its position as leader, with a share of 42% of global art sale values. Greater China and the UK followed at 20%. However, Greater China did surpass the U.S. to become the largest public auction market, with a share of 36% of sales by value.
Online sales reached record highs – doubling in value
The COVID-19 pandemic forced many auction houses, galleries and fairs to either close or abandon in-person activity. In addition, it also accelerated digital transformation. As a result, online sales doubled in value from 2019 and reached a record high of $12.4 billion. Plus, the figure represents a record 25% share of the market’s total value. It’s important to note, for the first time the share of e-commerce in the art market has exceeded that of general retail.
There is no denying that art sells and can sell for very big money! The rapid price appreciation of artwork can be quite astonishing. How is art valued? That’s a complex question with no easy answer. But one fact we do know. At the time of sale, art is simply worth – “what a willing seller will sell it for and a willing buyer will buy it for.”
The Meaning of Art
Art is inspiring. It both stimulates our mind and effects our emotions. People make art to tell beautiful stories. A single piece of art can generate an experience. Yet, everyone has a unique opinion or point of view. What drives the price of art? The answer is not a simple one.
Scarcity is a key driver of price. Other factors include who the artist is and the demand for any particular piece. There is a well known phrase: “Beauty lies in the eye of the beholder” is so true. Indeed, there is definitely an emotional connection to art.
What we feel is not just the physical painting or sculpture. It truly is an extension of the artist. The creativity, the colors, the textures. When it all comes together, it’s magical.
We strongly recommend the acquisition of all 25 original Cosmic X masterpieces to add incredible value for any major collection or hedge fund. With only 100 originals in the world, this sale offers the largest lot of “Cosmic X Art” in private hands and contains Armstrong’s most renowned work.
Alibaba co-founder and billionaire Joe Tsai is quickly becoming a household name. He is a citizen of Taiwan, Hong Kong and Canada. He was recently identified as the buyer of a $157 million apartment deal in Manhattan’s most prestigious condo tower. The Manhattan property is located at 220 Central Park South. The deal now becomes the largest residential sale of the year.
Brooklyn Nets owner revealed as ‘mystery buyer’ of $157M NYC condo
Joe Tsai is one of the richest men in the world. In addition to being the co-founder of Alibaba, he also owns the NBA Brooklyn Nets and Barclays Center. One would think if he owns the 2 most unique apartments in the most expensive building in NYC, plus the best stadium and sports team ….. he now needs the finest collection of rare art to showcase, right?
Widely known as “The King of Cool“, actor Steve McQueen personally encouraged Armstrong’s journey to New York City. Once there, Jack later became friends with famous artists Andy Warhol and Jean Michel Basquiat.
Jack said, “Talking to the biggest movie star in the world seemed completely ‘Cosmic’ for an art kid born in Wichita Kansas, who later grew up in Omaha. Created in my ‘Cosmic X’ style of art, Cosmic X Paradigm is the only piece of mine dedicated to a Hollywood personality.” The amazing painting measures 24″W x 36″H. Jack continues, “Cosmic Paradigm X is my final masterpiece.”
“Cosmic X Paradigm” – Now Offered at $113 Million
Over the years, Mr. Armstrong has sold paintings to many famous celebrities and some of the wealthiest people in the world. Although his name may not be as widely known as Warhol or Basquiat, we believe that will change. We feel Jack should be named “The Rebel of Art.” Over his entire, successful career as an artist, he’s only sold his artwork direct to the end-buyer. He has never utilized traditional sales channels, such as museums or auction houses.
Another interesting fact is Jack’s first million dollar painting sale to billionaire tobacco heiress, Doris Duke. Neither Basquiat or Warhol ever sold a million dollar painting before they passed away, in 1987 & 1988 respectively. Of course, Jack has been done numerous times.
Art forgery is a concern of any buyer. Sadly, it’s more common than not. The illegal industry can be very lucrative. Fortunately, newer analysis techniques as well as modern dating have greatly helped identify fakes. Eric Hebburn is known as the greatest art forger of modern times and quoted, “Only the experts are worth fooling. The greater the expert, the greater the satisfaction in deceiving him.”
With all of Jack Armstrong’s artwork, forgery is not an issue. Jack integrates his own hair, fingerprints and DNA in all of his paintings. It’s a unique technique and guarantees a buyer is truly purchasing an authentic Jack Armstrong painting.
During 2018-2020, a stunning digital art ‘retrospective‘ of Jack’s artwork appeared every 5 minutes – 24 hours a day. This incredible display was seen by countless people on the giant 60 X 40 foot digital screen in Times Square, located above the Ripley’s Museum in New York City.
Here’s a recent article: Neil Armstrong’s Nephew Created One of the World’s Most Expensive Motorcycles
(Lorenzo Lamas and Jack Armstrong at the Cosmic Starship Harley worldwide media event) ___________________________________________________________________________________
We mentioned Jack Armstrong personally knew Jean-Michel Basquiat, who was a Neo-Expressionist painter in the 1980’s. In May of 2017, Basquiat’s “Untitled” painting (see below) set the record for most expensive painting ever sold at an auction by an American artist. Including fees, the total auction price totaled $110.5 million! Previously, Andy Warhol held that title when his “Silver Car Crash (Double Disaster)” painting sold for $105 million in 2013. We strongly feel one of Jack’s paintings will soon break that record.
1982 ‘Untitled’ By Basquiat – Sold for $110.5 Million
The Art World’s Holy Grail
We believe that the 100 “Cosmic X” art originals are the ‘‘holy grail” of the art world. Armstrong’s work is a central point in the new transparent era, where quality & indisputable authenticity and rarity will break every art record.
The one who acquires the Cosmic ‘X’ 25 Original’s at $500 million will in the future, see a rapid increase in value. In the end, the buyer will have an extremely high-end art and finance portfolio that will make everyone say, “why didn’t we buy that”? Will you be the owner of Jack Armstrong’s last 25 “Cosmic X” paintings?
Armstrong says, “The transparency of buying contemporary art at the highest level is only possible today, if dealers and auction houses are removed from the transaction and high-value art is purchased directly from the artist.”
Ferrari, Lamborghini and Rolls Royce never ask a ‘car-council’ group of ‘experts’, what price they put on their cars. We all know a Ferrari is more valuable than a Toyota. Why? It’s clear, the craftsmanship and rarity of the Ferrari are indisputable. Jack continues, “I am the Ferrari of the modern art world.”
In conclusion, we are aware of numerous discussions Jack is currently having with art collectors and investors. In addition, an upcoming movie about Jack’s life is in development and will be appropriately titled – “The Last Wizard.” Therefore, whether you are an avid collector of art or a serious investor, Jack Armstrong’s creative works should definitely be considered.
For serious inquiries only, please Contact Us. We can answer your questions or schedule a virtual meeting with Mr. Armstrong.
He is currently accepting Bitcoin or Ethereum for this sale, as hi-end real estate and hi-valued art are now accepting crypto globally.
In addition, The Life of Luxury can also offer personal, art purchasing service. Let us find that single piece or an entire art collection for you. We also provide a variety of luxury concierge services including VIP access to red carpet award shows, fashion and art shows, movie premiers, sporting events, celebrity “meet and greets”, private parties and much more. It’s time you finally begin to live a Life of Luxury!