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Most art now days I believe is bought to launder money. They're willing to pay top dollar, in fact over the dollar, to clean their illicit funds. This inherently pushes up the 'value' of said art. Where people are willing to pay millions for a watch or a painting because they can later sell it.
Watch thread
dancing james-
Watch thread
Very much so...
But actually you're right and I agree, @Wrongcog, top end bullshit.
Just like top end watches.
ChainBreaker
Most art now days I believe is bought to launder money. They're willing to pay top dollar, in fact over the dollar, to clean their illicit funds. This inherently pushes up the 'value' of said art. Where people are willing to pay millions for a watch or a painting because they can later sell it.