(Illustration by Hanna Barczyk)
Culture

The Art World’s Biggest Lie: A Collector Debunks Art as an Investment

The last several years have brought nosebleed prices for works of art, auction records that seem to be broken almost as soon as they are made. With endless media coverage of $100 million Picassos and $50 million Jeff Koons sculptures, the general public is often left with the impression that art has not only been a great investment, it’s been the investment of late.

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