In the days where financial havoc is the norm one thing seems to be clear – iconic, substantial art holds it’s value. As kindly reported by the New York Times, Christies auction on Thursday revealed that Fine Art can be more than the roof it is housed under.
Take a peak at the article documenting the journey of Picasso’s 1932 Nude. At $106 million it garnered almost 4 times the value of it’s now former home. Does this mean that all art is investment grade – hardly. Yet selected wisely and with guidance your chances are greatly improved.
A recommendation from GALLERY M related to this sale would be the works by Picasso’s paramour, Francoise Gilot.