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Over the past decades the exponential increase in art prices combined with ongoing turmoil in the global financial markets have caused many art collectors to start considering art as an investment vehicle and themselves as investor-collectors. Art is now firmly established as an asset class in its own right, if not for investment purposes than at least because of the potentially significant tax and legal consequences the ownership of (valuable) art brings with it. Unfortunately it is still difficult for an uninformed buyer or seller to do well without the expertise and connections of a market insider. This ebook clarifies the misconceptions that exist about art and the art market.
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