As people run out of stimulus money, interest rates rise, crypto is dead. What hasn't performed as well as it did in the last two years is the ultra-contemporary segment at auction. A lot of collectors realized that there is no point in spending $2 million in someone who's 35 and has had a career of five years. Buy at galleries because you don't want to pay the premium of 25% that the auction houses are going to charge you.

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