Is art a good investment? The recent mega-auctions in New York have brought out the siren song that art often outperforms other asset classes like real estate, while the Wall Street Journal declared that art achieved a 10.6 percent return in 2018 based on Art Market Research’s Art 100 Index, outpacing all other categories. One

Dmitry Rybolovlev thought he’d been ripped off when he paid the Swiss art dealer Yves Bouvier $127.5 million for Leonardo da Vinci’s Salvator Mundi in 2013, once he learned Bouvier had paid between $75 and $80 million for it. But after Salvator Mundi’s sale in November at Christie’s for $450.3 million, it was hard to

CNN  —  Amid strong demand and skyrocketing prices, contemporary African art is increasingly attracting the attention of investors worldwide. While that might irk the purest at heart among some art collectors, it is a testament to the growing interest that African artists have spurred on the international markets. British auction house Bonhams has seen average

This article is more than 6 years old. Speculation and investment are two delicate subjects in the art market, but they are hardly novel topics. In a market celebrated for breath-taking prices for branded art trophies, art is seen as a potential hedge, an addition to an investment portfolio. There has been no shortage of

The fine art market continues to boom. It seems that every day, another auction record is set for “the highest price ever paid.” So what does that mean for the painting you bought to match your sofa a few years back? It may increase in worth, or it may be as salable as your kid’s