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Biggest Art Sales of the Decade



No matter where you got your cash from, whether you inherited it, earned it, or won big on a site like bet-ri.com---you still probably can't afford these massive figures. The last decade saw a massive increase in sales in the fine art world. While some areas of the economy struggled in the post 2008 economic crisis, luxury goods and especially fine art sales continued to surge.

In this article, we're going to look at some of the biggest sellers in the last decade. This isn't the definitive top ten, it's just a selection of some of the best art sales in the last few years. Some of the more interesting finds, if you will. Maybe you're saving up for your next big art purchase, or perhaps you'd just like to see how the other half live?

Let's have a look...

Flag by Jasper Johns

This piece of art might not be by one of the most famous artists, but he's still well-known in the art world. It might look like an American flag to you, but this piece of art was the biggest selling painting of 2010, and went for $110m when sold by a hedge fund that year.

Card Players by Paul Cezanne

Now Cezanne is much more of a household name, and one of his most famous paintings, Card Players, went for $250m---the highest sale in 2011. The painting was sold to Qatar in one of the biggest sales of the decade.

The Scream by Edvard Munch

Did you know there are more than one of these paintings, as Munch completed a series? One was recently stolen, but another sold as the biggest sales of 2012 for $120m a Sotheby's in New York.

When Will You Marry by Paul Gaugin

The biggest seller of 2014 was by Paul Gaugin and is also known as Nafea Faa Ipoipo. It was painted in 1892 and sold for a massive $210m last decade when it was also acquired by the state of Qatar.

As you can see, some of the biggest art sales every took place in the last decade. Many art experts predict that these sales look set to continue. How much do you think the biggest sale of the next decade will be? Art is fast becoming on of the must-have investment items for the super-rich, and for good reason. It has held its value and continued to grow where some other commodities have fallen.

Did you know that one other area of investment that's seen such big rises in the last few years is actually classic cars? You might think that cars always go down in value, but the right ones can be a good investment just like art can. You might be able to afford a classic car yourself, rather than a Paul Gaugin painting. If you can't afford to get into the fine art market, don't worry. There are more affordable artists that can be snapped up for a few hundred bucks. Just make sure you do your research first.










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