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Why is Art such a Valuable Investment?

Art Auction

According to the 2015 TEFAF art market report, the international art market is now worth more than 51 Billion Euros. In 2015, Pablo Picasso’s ‘Women of Algiers’ (Version O) was sold for $179,365,000 at Christie’s auction house. The painting had been expected to exceed $140 million, but the final price was far higher than anticipated…

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