Masha Golovina, Executive Vice President of Acquisitions at Masterworks, gives an overview of the high-end contemporary art market, and why the most expensive pieces auctioned for hundreds of millions of dollars.
*This video was recorded on June 6, 2023 and is sponsored by Masterworks
Watch the interview with Nigel Glenday, CFO of Masterworks, on the returns on art as an asset class:
https://youtu.be/StbCeqD0ggQ
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0:00 - Intro
0:42 - 10 most expensive abstract art pieces
3:00 - What gives art value?
9:40 - How to curate an art collection
14:20 - Supply and demand
17:25 - NFTs
20:30 - How art auctions work?
26:35 - Keith Haring
#investing #alternativeassets #art
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