Art as an asset commands astronomical prices, with paintings regularly exceeding $100 million, making them a prime collectible for wealthy individuals.
Paintings' values often skyrocket decades or centuries post-creation, reflecting a cultural shift in how we appreciate art.
Many of the most expensive artworks are maintained in private collections, yet some are lent to museums, ensuring public access to art.
The ownership of incredibly valuable paintings often changes hands privately, with record sales orchestrated through major auction houses like Sotheby's.
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