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    1. Investment or Status?  Despite the global financial downturn and all the current talk about austerity, affluent art lovers have been snapping up Old Masters and Contemporary Art in record-breaking auctions throughout the year. But do the buyers see their purchase as a profitable investment opportunity, or is it just a status symbol?  Investment or Status?  Despite the global financial downturn and all the current talk about austerity, affluent art lovers have been snapping up Old Masters and Contemporary Art in record-breaking auctions throughout the year. But do the buyers see their purchase as a profitable investment opportunity, or is it just a status symbol? 

      November 23, 2012

      Investment or Status? 

      Despite the global financial downturn and all the current talk about austerity, affluent art lovers have been snapping up Old Masters and Contemporary Art in record-breaking auctions throughout the year.

      But do the buyers see their purchase as a profitable investment opportunity, or is it just a status symbol? 

      Tags: art, artnet,

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      for many reasons, but priority should always be given to supporting artists that you like
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