The acquisition of art as a high performance asset class is no longer considered an alternative financial investment - but a key one, according to Maddox Gallery.
The three major art auction houses: Christie's, Sotheby's and Phillips reported a 25 percent increase in sales during the first six months in 2022, totalling $7.4 billion, compared with $5.9 billion in 2021.
With this in mind, 2022 has already seen records broken by major pieces such as Sage Blue Marilyn<...