This unicorn investment platform compiles the results of thousands of auctions like this, generating millions of data points, and builds custom indices to find artist markets with the most momentum. In fact, the high-end art market also remained resilient through downturns like the dot-com bubble and Great Financial Crisis.īut this time around, it’s not just the ultra-wealthy benefitting, thanks to Masterworks. The fact that the blue-chip art market is still setting records amid major drawdowns in financial markets, and macroeconomic turmoil, highlights why it can be such a strong alternative diversifier.
Last week, Microsoft co-founder Paul Allen’s historic art collection shattered the record for largest ever sale in auction history.
Microsoft Co-Founder’s $1.5B+ Sale Highlights Real Asset Resilience