Wednesday, February 28, 2018

One Billion Dollars For Art?

 
$1 Billion Dollars
 may soon be a possibility for a master piece art work.
 
According to the latest report by AFP News a painting may soon reach the incredible price tag of $1 Billion dollars. What makes them think so?
 
 
Driven by the record sale of Leonardo da Vinci's "Salvator Mundi" to a Saudi prince for $450 million ($550 million) in November, the market is rising in a way not seen for three decades, the authoritative Artprice index said.
 
https://www.yahoo.com/news/1bn-painting-only-matter-time-art-prices-surge-143635103.html
 
"The real motor of the market's growth is unquestionably the museum industry," Artprice said.
- Museums battle billionaires -
 
 
https://www.yahoo.com/news/1bn-painting-only-matter-time-art-prices-surge-143635103.html
 
Click through to read an enlightening article on where this all leads.
 
 
https://www.afp.com/en
 

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